/biz/ - Business & Finance

>>18879897
Imagine unironically putting your precious wagebux into the stock market, without having the slightest idea of how things works. Read this book for the ultimate gains. It’s the only way you’re ever going to make it.

4000 this summer

somebody call the jpow hotline and tell him to sprinkle some magic fedbux on the airlines
please and thank you

When is it going to crash so I can get in?

Critique my investments

BP
RDS.B
OKE
XAR
RTX
BAKA
AMD
NVDA
INO
MRNA

>>18881016
Damn it
S.M.H
Not baka....

Charles Schwab introduces stock slices service, allowing investment in S&P 500 stocks for $5

>https://finance.yahoo.com/m/6d5a06e0-afa0-3932-9740-8f87def21090/charles-schwab-introduces.html?.tsrc=rss


UMH HELLO? BASED DEPARTMENT?

FUCK YOU JEROME

I got fucked today, biz... and not in a good way...

+14% yesterday
+3% today
Fucking nice. Prepared to lose it all after I post this though.

>>18881016
AMD and NVIDIA are topped out

>>18881016
shitty

>no meme share of UUUU
>RTX instead of LMT
>BP/RDS instead of CVX/TOT
>no EPD
>no FANG
>no PSX
>no COP
>no MSFT
>no NEE

>went all in on HAL a couple weeks ago
>compare it to MRO, MPC, KOS, etc
>so far up 11% with HAL
>but with any other oil stock I could be up 15%-25% if I instead bought them the same day.

Definitely backed the wrong horse.
Sonovabitch.

>>18881003
I expect the rally to continue untill the world economy is reopened. People will flood the market with their savings. That's the signal to sell all stocks you have and buy gold or commodities (if you know how to trade them)

I am switching my portfolio to cash. I will enjoy the reckening from the sideline.

I love how the thread goes quiet as anons are covering their shorts and panic selling

>Held DHT overnight
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
MAKE IT STOP

>>18881096
Nvidia is, AMD can still 2x easily

>>18879924

>shiller

hmm

>infinite economic growth during a SARS2 pandemic

what's happening here?

when will they learn?

>>18881138
its gonna go back up and higher than ever before... this is a BUYING opportunity newfag

i bought the top of spy last week how much longer till i break even

HOLD ON TANKER BROS. DONT GIVE IN

should have sold DHT pre market fml

DHT MOONING BACK UP BUY BUY BUY

>>18881119
Most likely. There will be a correction after reopening.

I'm green as fuck on my BRK.B, me and my new buddies Warren and Charlie are going to go rail some coke and bang a couple hookers. For 90 year olds they sure know how to party.

>>18881138
buy the dip

>>18881150
>NOOOOO YOU CAN'T JUST CONDUCT BUSINESS

>>18881152
Hopium. The oil glut isn't over but people want to believe that it is.

good time to buy airline stocks or wait a couple more months? the industry has had like 3 bottoms now

>>18881105
>Haliboomer
should've bought TOT PSX COP EPD FANG CVX

>>18881165
dead cat bounce, economy is reopening, oil is mooning

we're fucking dead

Are you enjoying your pump today?
Did you buy your venture capital and natural gas?

>>18879897
*AHEM*

Attention!

Last chance to buy MVIS below $2! We are closing $2.50 and $3 after market.

So is MVIS going to mirror UAVS? 4-5 dollars on the table?

>>18881184
Why the fuck is Donald Trump fucking with the market????

I know you retards aren't going to have anything to say about this but I will ask anyway.

How do you estimate the expected return for an asset class for the next month?
As opposed to the next eternity. Which is what you are doing when you take a mean of historical returns.

This is an important question because, sure if I buy the SPY and hold it for 5 decades my return might be about 7%. I'm comfortable making that estimate. But to say the expected return over the next month is 7% p.a. is absurd.

I have three (or more) potential methods I am considering
>Using a moving average, then calculating the uncertainty of the estimate and then making my investments risk-adjusted to the measure of returns.
>A model which is based on both a moving average and the Buffett indicator.
>A model which is based on a total average and Ray Dalio's 4 economic cycle theory
I am hesitant to use any method based on fundamental analysis because as the saying goes, the market can stay irrational for longer than you can stay solvent.
I could also set up a Bayesian optimization which just throws every machine learning algorithm at it.

I already have a good model for expected volatility.
But the optimization problem of allocating my resources can't be solves unless I have an expected return estimate.

BVLL! BVLL! BVLL! BVLL! BVLL! BVLL! BEARCVCKS GETTING CVCKOLDED BY BIG BVLL CVCK SVRGE! BVVVVVVVVVVVVLL

>>18881146
I just don't see it for a while, like a year+ but I'm by no means a market master.

when do you guys sell, EOD or set a trailing stop?

>>18881185
several airlines are reporting earnings this week, and they will be bad. i say wait

>>18881184
>>18881152
Should I hang on to these?

smells like boomer in here

Reminder to anons not to chase the gap ups, wait for it to retract before going in.

>>18881194
I bought at $0.50 and sold at $0.90, I know not to tempt fate.

>>18881186
>Haliboomer
What makes you call it that?
Just curious.

FRO.......
please.....................
i can't take much more

>>18881136

No one here has balls enough to short anything. Bears are larping.

>>18881203
He needs this. I don't think he can keep it up till election day though. He'll need a scapegoat which will fuck oil either way. Apart from that we are only barely opening up and the crisis still needs to begin. Tankers need patience. As I said before it might even take till Q3 when other companies have even worse earnings for it to really moon.

>>18881231
yeah I did the same thing, I'm happy with my $400 and not getting hit with the dump when it comes

IMAGINE BEING A FUCKING BEARKEK IN THIS CURRENT MARKET COULDNT RELATE YOU LITTLE BEARS BETTER CASH OUT YOUR PUTS RN BECAUSE LEMME TELL YOU YOURE GONNA HANG YOURSELF BY THE TIME NOON ROLLS AROUND HAHAHAHAHAHAHAHAHAHAAHAA

>>18881003

Jobs report Friday morning. When the worst unemployment rate in the history of the country is officially announced, reality will start to sink in. Until then, enjoy the rest of the week

Just remember to always do the opposite of what biz does
>everyone bullposting
Have fun

>>18881248
Nice cope, fag.

>>18881236
It's just a go to boomer stock for low information wannabe oil tycoon boomers

>>18881236
Because zoomer or dick cheney when they all own big oil

>>18881248
>we're bagholders for 6 months now hoping that oil goes back to record lows
thats not a good sign, id rather take my losses now and move on

>>18881238
Fucking this. Please make it stop. It hurts

>>18881269
>priced in

i shorted W

please sell your W

>>18881269
t. Nervous r*dditor for the 9000th time since february

>>18881119
>>18881170
thanks

It's not too late to get in

is it time to dump CCL, bros?

>>18881203
>>18881248

You guys are Grade A idiots. Even Saudis and Russians aren't going to be able to stomach $10-15/barrel gas. The tanker meme was just that: a temporary meme while the market realized the true effects of the global lockdown, which is currently being UNWINDED. You bought the news retards.

>>18881290
>>18881299

enjoy euphoria, you've earned it. see you friday

I have almost my whole portfolio invested in SQQQ. The market will drop again, wont it? Everything is up so high right now if you ask me.

>>18881269
>this week will be the week when the market crashes because of unemployment
dont you get tired of typing that same shit out every week?

>>18881231
Tempting fate would be holding your bags for any longer than market closing tomorrow. It’s not going down from here, anon. Sorry.

>>18881302

It kinda is tho

>>18881270
How are those puts doing, since yesterday everyone was a bear?

>>18881306
>which is currently being UNWINDED
hahaha, yeah sure. demand for oil isn't going anywhere near where we need it to not have glut.

>>18881183
you can do business all you want
just know to sell soon because kek

>>18881275
>low information wannabe oil tycoon boomers
Literally me, I even moved to boom town USA North Dakota 10 years ago to chase the oil money.

>>18881269
Nobody cares about fundamentals, when do you start grasping your head around this,

Long the fucking market as long as you can make free money.

Tankerbros... I... I can't take it anymore

>>18881194
Newfag here. Using a 20% Trailing stop loss is a good Idea to use with this, right?

>>18881269
wtf jobs reports and unemployment is bullish
enjoy those expired spy puts

>>18881338
what was your plan? was it successful?

>>18881302
dont listen to this guy, he's autistic.

>>18881269
Unemployment is an unironic non-factor at this point. Get it through your skull.

>>18881320
But the dip

>>18879897

Need some serious advice anons.

I've ridden MRO 8$ July 17 calls from 11cents to 45 cents its at currently.

Tmrw is the earnings call. Sentiment is bipolar in terms of the articles, and I don't know that EPS models have any relevance in a situation like this, as most models break down in several standard deviation events.

What's the call, do I sell or hold?

>>18881306
We'll see who has the last laugh

>>18881344
Hold on anon. Wait for those DHT earnings

Can you guess which one of these tankers chads already posted earnings today?

>>18881332

>durr hurr demand isn't going anywhere

You bought the absolute fucking PEAK of low demand you mongoloid. It is only up from here, and producers have drastically cut supply to boot. At some point the price is going to rip in the next month or 2 and you're going to be left with the bag.

>>18881374
don't be greedy: take your gains and run

>>18881329
It's going to $2.50 at least

GRWG IS POOOOMPING!!!!!

>>18881381
oh nononononononoonono

APT earnings tomorrow morning.
finna ride one last time.

made some gains today but market is uncertain and took my gains. good luck to everyone and don't be greedy anon

SOXL having a nice pump, glad I DCA'D down yesterday now for sure!

>>18881362
yeah, what's the deal with this? forward looking or not, it's going to take a lot of work to deal with re mobilizing. the depletion of funds in state UI accounts and municipal accounts sounds like there will be unrest soon.

>>18881355
I'm still here, own two houses (one rental) and work in an essential non oilfield industry. Mild success but took a lot of hard work and patience.

>>18881379
THIS
The earnings will show the real truth.

>>18881389
>drastically cut
Kek

>>18881173
lot of risk to be taking on two 90 (one closer to 100) dudes continuing to wake up the next day.

You know it'll crash when one of them drop, and the other won't be far behind. Then that'll be that.

>Everything up except DHT
.
Lol, almost fell for the meme myself.

>>18881389
>producers have drastically cut supply to boot
this is where i know you're retarded. they haven't cut shit. 11 Million BPD? is that a big number?

>>18881423
already priced in bought at the top and is now coping bro

Im immune to loosing money now

>>18881374

The only time you hold thru earnings is if you’ve got some legit badass insider info. AKWAYS take profit NEVER hold through earnings arent quite golden rules but if making profit is important to you it’s pretty good advice:

>>18881365
no way it's not up too high though? There is literally no way.

TVIXens WW@

literally just do what anime posters tell you to do and you win

buy TGTX

sell W

has "trading halted on ____" ever turned out well?

>>18881221
please respond

>Ctrl F
>TVIX
>0 results

Feels good without the kids around.

>>18881452
(you)

>>18881455

Its too early for them

Feeling really good to be an energy, pipeline, and REIT chad right about now

>>18881452
hi anon

>>18881455
I'm looking to buy around S&P 2900.

>>18881432

https://www.eiu.com/oil-adequacy-index

Let me guess, you bought right on April 18th.

>>18881221

If it’s penny shit as soon as I’m green. If it’s a company I’m proud to own it doesnt matter

>>18881389
>PEAK of low
You mean the trough?

>>18881446
fuck you
why'd I buy this bullshit
I'm down hard

>>18881445
Bro, if you are willing to hold, ignore decay, and not know the reality of what -3x does over time, I highly recommend you get all you can as it's a perfect fit for you.

>>18881419
Well done!

WHO /GREEN/ HERE?

>>18881437
>>18881394

I guess I'll offload half now to manage the risk.

>>18881044
>If we dont call it fractional shares, those stupid millenials will think that we are the only one offering this
>arbitrary $5 per "slice"
Ya, sorry, but that sounds like a meme to me.

DHT about to dump to new lows, 6.50 by EOD

>>18881465
I was literally about to invest in ET but they are still green today and idk if I should jump in soon or wait for another red plunge

>>18881269
I donno. At my work we are getting rid of people that we always wanted to using covid as the excuse. We'll make more money with less people, we had too much fat. I imagine other businesses are finding the name.

Fan Duels' parent company IPO'd today. $GAN

>>18881495

bought MVIS @ .44, still holding

>>18881455
>>18881446
Can't read huh?

>>18881497

That’s a solid strategy too

>>18881511
wait, i sold mine at 8.50 today, itll go down again soon

so... why is it up today? I don't understand the logic in this

>>18881465
>those div yields

fucking hell. im guessing when earnings finally come out some of these will be negatively effected, right?

>>18881482
no way the stock value is basically just back to what it was before, I refuse to believe it in this economy, it will dip.

>>18881191
My HTGC and ARCC,
I’m coooming

S&P inching towards 2900 again, gonna go back towards 2800 next week. Crab shaped W recovery bros take advantage of the volatility.

>>18881381
None of them did. DHT is posting earnings tonight though.

I’m 25% TLT, 25% UGL, and 50% Cash. The risk:reward profile of equities doesn’t seem worth getting into right now

>>18879897
OXY, HAL, MRO
Will moon this week

Tanker containment thread
>>18881534
>>18881534
>>18881534

>>18881536
You're right, it did dip and its over. You were just a bit slow to jump back in.

>>18881476
>your link says there's glut with production cuts abound
weird.

>>18881480
Kek it's a day trade stock, one of which I never gave owned. Should have grabbed SOXL

>>18881530
>Reopening
>meme virus gone
>unemployment will decrease
>consumer confidence going back to normal
What else do you need?

what does biz think of TLRD ? I expect an increase of people buying suits after the reopening for their job interview. Also Michael Burry holds it

>>18881381
EURN did and they sucked. EURN isn't DHT though. No one shilled EURN and its inferior fleet and dividend for a reason. Even though their earnings were still higher than normal. I have confidence in DHT.

Though this red is extremely, extremely painful in the meanwhile. It hurts so badly.

>>18881495
portfolio is up 6%

>>18881460
Best time to buy and research is around lunch anyway

>>18881550
>no btc
>r*ddit tier market outlook
Holy shit you have to go back

IT
ONLY
GOES
UP

>>18881547
No. Bears wasted all their power rejecting 2950. If we break 2950 again, it is good game and bulls won for another 10years.

>>18881531
Earnings came out today for USAC, they haven't said anything about dropping them

RIP bobo

>>18881558

>ignoring the entire month of producers rushing to cut supply to adjust the glut that ALREADY HAPPENED

You are still not getting it. You're late. You're fucking late you idiot. You actually thought the producers were going to let oil fuck around near $0/barrel. The price has gone from $10 to $20+ in a matter of 1.5-2 weeks since the futures crisis. It's over.

>>18881572
EURN is may 7 isn't it?

>>18881570
Burry has held this for a long time. I don't understand his play. It's a huge position in his portfolio.

>>18881536
Last time I touched SQQQ I have $180, but that was in March during the crash

>>18881556
so you're telling me the economy now is just as good as before it dipped with everything going on. Everything is JUST STARTING to re-open and I refuse to believe everything is as fine and dandy as it was before.

>>18881601
>The price has gone from $10 to $20+ in a matter of 1.5-2 weeks since the futures crisis
I'll see you on the 19th

>>18881222
Bad earnings reports are bullish

>>18881565
Perhaps, but i think the confidence might be misplaced. I'm from UK and know two people who have died from this, so we'll see. I don't know what to think, and i can't imagine this whole situation *not* leading to a recession

>>18881511
ET will have Ex-Dividend date tomorrow so stock will rise today and drop tomorrow.

>>18881389
Wrong. Even texas, which was going to order cuts across the state, cancelled such plans. And saudis aren't stopping anything.

>>18881550
>>18881572
https://www.prnewswire.com/news-releases/ardmore-shipping-corporation-announces-financial-results-for-the-three-months-ended-march-31-2020-301052455.html

>>18881590
absolutely based

Reminder this "clown market" and Warren "Bitchernigger" Buffet and his ilk getting BTFO is 100% related to Based Millennials beginning to pump money into the market whereas Gen Z has been too retarded to into stonks and Boomers have been taking their money and running

FUCK gen Z
FUCK boomers
and MOST importantly
FUCK niggers

>>18881613
with the reopening taking place in an accelerated manner and oil quickly rebounding the markets have responded positively and will continue to do so, only fools thought this was a long term game changer

i'm about to just take all my cash and buy silver and gold with it.

stock market too irrational right now. at least my physical gold and silver won't tank 10% on the days it's supposed to moon 10%

>>18881480
This is your average tvix hodler. after weeks of being in the red, (losing 15-20% a day) the stock was up a mere 3% one dayand this is what these retards were saying.

>>18881650
maybe go for bonds.

>>18881072
That’s the spirit

>>18881626
Sorry to hear. But then again, economy = / = stock market and the stock market is solely driven by fear or hope.

>>18881620

Sure thing dude, try not to kill yourself before then

AHHHHHHHHHHHHHHHHHHHHH

YOU FUCKERS LIED !!!!

>>18881696

>>18881640
R*ddit supports '''covid''' and Warren Buttshit. Boomers are fueling this market by rioting 8n Michigan and voting for strong leaders like Georgia and Texas governors.

what are the chances somebody big dumped a shitload of DHT at exactly 9am to simulate retail in order to get retail to panic sell so they can get back in at a discount
i'm looking for anything, here

NOOOOOOO WHY IS IT GOING UP

>>18881658
additionally, some financials look ok, if you're really anxious. WFC, specifically looks half decent. Still should expect another 10% to 20% discount on WFC. other banks could be looking at 35% drops.

>>18881665
I didn't know them particularly well, so it's fine. Does show how bad it can get though. This virus is testing the relationship between the stock market and the economy like nothing else i've seen.

Hmm the morning dump took a little longer than usual.

>>18881712
Someone photoshop this into a tanker

>>18881721

Pretty slim. You’re bagholding son.

>>18881320
>Invested in SQQQ
Anon, I - uh... that's not an ETF to "invest" in, it's an ETF for day and swing trades.
>>18881374
I have MRO $4 Calls for May 15th. I'm hodling. Hasn't hurt me since I bought them in early March after the oil crash

The price action on MVIS is making me diamond hard. Remember to buy every fucking dip.

>>18881601
>The price did
>oil futures are price
>speculation is price

We saw how that played out last rollover. Speculative price isn't real price, it is just a game.

>>18881604
Well, I looked it up. I misread. They didn't.

>>18881633
This looks like good news and bullish though.

>>18881720
fuck off, buffet is a smart man and if you followed him you'd be a lot better off in life
>>18881721
nope, its the end of the peak of tankers for the long term, people are just cashing out and moving on

>>18881650
best looking nigger I have ever seen

Dear Tanker faggots,

Why did you trick me? Did you enjoy your little ruse? My children will be starving for the foreseeable future because daddy decided to go all in on DHT and FRO. Why would you do this to me tankergang? Can you look into the eyes of little Johnathan and tell him he’s not going to get any tendies until Christmas? Explain yourselves. Why did you think tankers were going to moon?

Sincerely,

A gullible faggot

Fuck UBER

BOBO

BOBO ARE YOU OK

BOBO

When is CCL going to moon?

>>18879897
GILD

Friendly reminder, we're crabbing until the end of May

How possible is holding SOXL long term at an average of 120 per share?

>>18881751
>listening to /biz/ instead of betting against it.
ngmi
>>18881756
Narrator: Bobo was not okay

Good to go all in on GUSH!? Anybody holding??

>>18881737
correction
bearish* etfs are for shit trading

holding SOXL or even SPXL right now wouldn't be a bad idea

>>18881756
No I’m not
At least btc is still bearish

>>18881731
its crabbing

>>18881743
>This looks like good news and bullish though.
Yes, that's the point. The news are good but they are still tumbling down

EVERYONE IS GETTING TOO COCKY
TURN ON CNBC

>>18881806
Read the prospectus

If you cant understand the prospectus dont buy into it.

How the fuck come Lyxor is not updating it's market charts? Or is that my brokers fault?

Some of you guys are alright. Don't be in DIS tonight.

>>18881747
t. R*ddit

>>18881806
Don't do that
Sell after every peak, and buy back in during the sharp dips
It's not meant for HODLing

>>18881851
don't worry I'm buying it after earnings

>>18881751
Just keep them for the dividend. You might make up like 20% of your losses in a year

So is MVIS really getting bought out by Microsoft or is it just a rumor created for a P&D

LARPing day traders need to leave.
Only real people ITT are swing traders. Nobody here has 25k or more equity.

>>18881851
This.
I will not go near the mouse out of principle and if they aren’t dropping massively I will be surprised

>>18881909
This is what I need to know before I throw $1k at it

>>18881910
I have 50

>I bought TSLA at the top
Wojak status-pinkening

>>18881160
AHHHHHHHHHHHFUUUYUUUUUCK

>>18881932
>>18881909

Even if it happened it’s still liable to dump. Shit that sounds too good to be true likely is. Tread with caution get in get your green gtfo. Buy the rumor sell the news.

I liquidated and am sitting on 100% cash as of yesterday. I know I'm not the only one. A rug pull is coming I just don't know when.

>>18881932
I mean it was on Yahoo yesterday apparently so there might be some credibility to it, but I seriously don't know

>>18881932
Throw 1% of your portfolio at it and just be happy if it goes 10x. A lot of folks got fucked by the UAVS pump and dump.

>>18881910
thats like a year or two of saving 25k isnt hard to get

>>18881942
You’re a LARPer in simulation mode, don’t lie faggot

MVIS is going to do a reverse split before it gets bought my microsoft, at that point youll lose about half your money, then when it gets absorbed by microsoft you'll lose all your money

what the fuck.
i physically can not buy calls.
i just don't fucking trust this shit.

>>18881950
Maybe you'll get some money after the inevitable class action against Elon for fomenting.

SPY look sicks, going to go all in on SDS if there isn't an actual move by lunchtime.

>>18881984
This is weird bait, go back to r*ddit.

Threadly Reminder DHT was at this price before the crisis even began and thanks to the crisis they’ve paid off their debts.

-t. Guy who breaks even with divvys

>>18881991

No balls

>>18881984
ok lol

>>18881910
>Nobody here has 25k or more equity.

i will never forgive donald trump for this shit and i will never forget
i'm not going to go full retard and vote dem but fuck this piece of shit

Give us another leg down market, pls

damn it I was so drunk when I bought Boeing. I don't even remember why other than I thought it would be pretty funny and totally genius at the time

>>18882000
>>18882019
>oh no I got found out!

>>18881990
That's not how reverse splits work.

>>18881570
>cut marks

dropped

can't lose if i dont' sell

get fucked i'm holding 5 tanker stocks

heh

>>18882034
dont worry, BA is too big to fail

government will step in eventually

>>18882034
how much did u buy it for? hold that shit bro, i bought 10 shares at 127 yesterday

>>18882052
cut marks = good sex

>>18882055

>>18882070
>sex
Grow up

>>18882055
Based

>>18882055
based bullbro

>>18882068
I bought at 147

>>18881808
bought GUSH a while back and it saved me several times in horrible daytrade deals i have done. So yes GUSH is your friend.

>>18882026

>>18882024
25k that's a lot of money anon and most of us just started in March. Give me a year or two and I'll get there.

>>18882034

>contract hits price beginning of week
>sells for .22
>contract hits the same price 4 days later
>retarded nigger has asking price at .07
>still has 2 weeks to expiry

How do i contact this other retard holding the same contracts and tell him to fucking kill himself?

MVIS IS DUMPING

>>18882110
kek gets me everytime

>>18882068
you're a clown, do you not research your positions at all?

Crab markets are great for everybody, You can accumulate or unload and it doesn't matter. Crab markets are fucking awesome.

IDGAF what the mouse does as long as he RUNS. Anyone else strangling earnings?

>>18882144
lets go laugh at them

HAHAHAHAAHAHAHAHHAHAHAHAHHA

>>18878786

WHERE'S THE CRASH BOBO?

WHERE'S THE CRASH BOBO?

WHERE'S THE CRASH BOBO?

>>18882138
Probably IV crush dude, or the liquidity crashed and widened the spread massively.

>>18882166
I know, I don't get why people don't like crab markets, they are the perfect time for swing trades, just set tight trailing stop losses and watch the money roll in.

Anyone else hold some Halliburton? i took my first position with them last week and its up 20%. Seem like a safe long term bet

>>18882133
What is the purpose of this gif?

>>18882100

oh dude you are fucking fine

itll take a year or two but you will surely be profitable at that entry

I forgot /smg/ is full of ADHD children who dont hold things for longer than a month, I thought you entered back at 300+

>shorting

I told you guys TSLA, might dip today, when Elon made that tweet and it dropped 12% it triggered a circuit breaker that banned short selling on it so it naturally went up. People can short it again and well you see where it's going.

>>18882181
No crash, but I expect a crab for months if retail doesn't return to normal. Housing might take a hit too if unemployment is sticky and people don't get jobs back fast.

>>18882055
Based, Tankergang rise up

Are there any other businesses like H&R Block that lose money 3/4 quarters but stay in businesses with one monster quarter?

>>18882213
hello newfag

Anthony Gurnee, the Ardmore Shipping Corporation's Chief Executive Officer, commented:

"That the tanker market is achieving record-high charter rates is no source of satisfaction given the cause: the coronavirus pandemic, with its human toll and economic impact. Our principal concern is for the well-being of our staff ashore and afloat; in particular we want to thank all seafarers regardless of company or sector for their dedication and professionalism during these difficult times.

Much attention has been on the crude tanker market, in particular on the impact of higher cargo volumes, floating storage, and the resulting extraordinarily high rates achieved. More recently those conditions have arrived for the product tanker market and we believe they may be more persistent, potentially for many months, as the physical oil market continues its extreme gyrations around demand and supply.

In particular, if and when the oil market reaches max capacity for shore oil storage, we may enter a new and potentially more volatile phase of the tanker market, and if and when oil demand rebounds with an economic recovery sometime in the third quarter as the IEA are forecasting, we would expect more demand-driven volatility, potentially carrying into the winter.

To fully explain the impact of these events, we have to describe our recent chartering activity: last week we fixed a 55-day voyage at $72,000 per day, equivalent to a VLCC at $200,000+ per day. Our MR voyages in progress, representing roughly the last three weeks' fixtures, now stands at $28,200 per day; lower than brokerage reports or the above fixture, but higher than anything we achieved before. If rates for our fleet averaged $28,200 per day for a full year, taking 1Q20 as a base, we estimate that our annual earnings would be $110 million or $3.30 per share; we are not forecasting any future results, but rather just contextualizing what is happening."

>>18882239
>it triggered a circuit breaker that banned short selling
HOW IS THIS SHIT STILL CONSIDERED FREE MARKET?

>>18881105
KOS GANG

Whats a good growth stock thats cheap right now??

>>18882258
>crab for months
good

>>18882272
Cause it's a private corporation that did it, goy.

Dht i believe in you!
Smash those earnings!

>>18882105
You think it will hit at least the high it was a year ago?? I’m going to wait for a dip and spend my check on it!

Chegg, what the fuck?

>just went in on SPXS before it dumped
Who else here isn't a permabull/permabear faggot and just trades the trend?

>>18882295
USFD

>>18882234
saved

oh no we got too cocky bullbros

>>18882329
I have the entire folder of disgusted anime girls

>>18882158
? lol 127 is good entry

>>18882304
We'll just have to join theta gang or swing trade.

rtx?

>>18882272
It’s to “protect” traders from volatility

>>18882320
Somebody became very rich off CHGG calls yesterday. It was at fucking 40.

How people feel about Slack stock?

OIL IS PUMPING

>>18881051
The time of the bear is at hand

>>18882394
lots of competition in that sector, idk desu senpai

>>18882368
wait for earnings to buy

WHY IS CCL DUMPING I THOUGHT THE CEO AND TRUMP WERE BUTT BUDDIES

>>18882411
It's weird, my oil stocks aren't really doing shit. The three I hold are only up 2%

>>18882144
>Dumping
You mean crabbing. It's not too late to buy, just wait for a pendulum dip.

>>18882321
Haha who else just sold their SPXS for a $5 profit before it mooned?

>>18882427
they will eventually follow the price of oil - just like gold company stocks follow gold price

Why in the fuck is zoom back at almost $150.... fucking clowns

>>18882414
>return to normal!
haha, enjoy little calf. I need you a bit fatter for slaughter.

>>18882055
>NAT and FRO down nearly 10%

Who else fell for the Tanker meme?

and just like that, Ford will never be under $5 again

>>18881044
>stonks become so valuable no one actually owns any
ahh so this is the power of the fed

>>18882423
How many cruise ships are operating?
If they open them back up - Who wants to cruise before there's a vaccine?

>>18882432
>buying a dipping pump and dump

>>18882463
As someone who bought at $4.50, I'm ok with that.

Tankers gonna tank. Time for the ride bros.

>>18881851
Damn, thank you for the reminder. Just sold my DIS for earnings call tonight. Might pick some up tomorrow if it dips.

>>18882501
>>18882501
>>18882501
new

Hold or sell PINS calls before earnings?

>>18882463
Wala

>>18882477
probably the half of the world's population who know the meme cold is just that. hell, they probably already had it and never knew

>>18882423
NCLH might go bankrupt

>>18881514
But less consumers as everyone has less money to spend

>>18882442
You say that but it feels like the market in general eventually follows the gold lately.

>>18881910
>Implying I'm stupid enough to day trade.
Most cunts do worse than the fucking market day trading. You need to be switched on and operating it like a full time job to be successful at that shit. I don't have time for that.

Nigger I go long. I come here for the memes and to watch you faggots predict trends.

>>18882520
sell after earnings

>>18882452
its unironically over, bailing now is the smartest move

>>18881991
buy a call
but then sell a call at a higher strike.
limit your risk anon, and ascend.

How many frozen stocks do you guys have in your portfolio atm? I've got 2.

>>18882802
Zero because I'm not a retard.

>>18882444
Because the panic sell was over Facebook maybe making a shitty competitor that nobody will use.

>>18882087
reverse split yourself

How much money do i need to make a 7" woman fart on me ?

>>18883057
depends on which women. the cheapest you can kind who'd fuck for money would probably fart for less. maybe the price of a big mac. so seven of those.

>>18883057
I mean, probably hard since there are no 7 inch women.

>>18882802
>Frozen stocks.
Nigger what mine are even still paying dividends.

>>18882463
Why is Ford so cheap