/biz/ - Business & Finance

Threadly reminder
>FROM MY DEAD, COLD HANDS

>>18911993
>crayons, not based etc etc
Posted this in the last thread but I see a small light at the end of this tunnel.

>>18911950
I'm posting it again!

https://finance.yahoo.com/news/intrinsic-calculation-dht-holdings-inc-111229315.html

Tempted to buy more now from my crash cash reserves. Getting extra money next month but I think it might be too late.

>>18912028
4/30

>>18912029
Nice to get a slight fluff piece instead of a snuff piece for a change.

>>18911993
Based.

Remember lads, you haven't lost fuck all until you capitulate!

>>18912054
I need something to justify my $20C ok? shut the fuck up

YOU ALL LIED

>>18912074
Bought 34 more but I did that because I wanted a round 200 in total.

>>18912087
sorry, anon
i've been combing through call activity looking for hope and i've found a little

>>18910571
I did wonder this actually. This may have been a big "ohshit" moment to those who were making money selling calls during the downtrend, and those same people selling off as necessary to close their calls while simultaneously depressing the price to maximize profit, but haven't looked into it at all other than seeing the fact that there were giant red dildos directly after DHT and STNG earnings so it's pure speculation, obviously influenced also by my bias of having a large stake in tankers

NAT didnt do what you guys said it was gonna do. im losing money

>>18912155
there is an interesting amount of demand for $15 DHT calls specifically
on the cheap, but there's still a lot of bids out there

>>18912029
Combine that with this:

Marketwatch just now:
>The stock market is pricier than its been since the dot-com bubble, even as earnings forecasts continue to plunge

>>18912155
From my poor understanding of market makers they would absolutely do something like this to cover themselves. However if this theory is true, we should see it spike back up soon as they buy back into their positions (after 5/15) or when enough retail guys have closed their positions.

>>18912226
So... what if the markets would crash, DHT will not?

>tankers are tanking even harder going into close

This is truly something else right now. I can't help but watch this train wreck, it is astounding how they can fly down so much.

>>18912250
lol haha don't worry man just average down! these stocks are basically liquid gold :)

>>18912242
It might, but with strong earnings and divvy it will be a clear save haven for everybody from retail to institutions. We all know that when the oil glut will be over the earnings of tankers will drop and reduced demand for oil transportation may even fuck them. On the other hand, if they pay of debt the coming months (or even years if traffic etc stay fucked) and use the money to get their shit in order, they might be viable long term holds.

On the other hand, if the market really shits the bed with tech leading the drop, retail and institutions might even take the inherent risk of tankers for granted as the tech market, which pay nearly no divvy and only have their "stable" growth going for them, start tanking.

Call bid-ask spread for STNG is widening, with ask going higher as bid is staying the same. Bullish sign? Was 2.8-2.9 around noon, just hit 2.8-3.0 right now.

>>18912250
I could see DHT but I don't understand STNG. rates for LR2's are still sky high and should be for the future. They absolutely crushed earnings too.

>>18912250
I just bought more so that might have triggered it. Sure did the other 3 times I bought!

>>18912330
I actually have averaged down. I have averaged down now all the way to having no more money left to invest. The only thing I can do now is if tomorrow they dump again, if NAT goes down less than FRO and DHT I can liquidate it to buy more FRO and DHT. I am in this for a minus 8% day, and then 2 minus 10% days now in a row. This is the only play I got now, there is no more buying. Only sailing.

>>18912371
I rather DHT because closer to its 52 week low than STNG by a mile. As...horrible as that sounds. Maybe I will put NAT into STNG, idk. I hope it goes up tomorrow and I don't have to think about this.

>>18912381
And here I thought I got a good deal for more shares of FRO at 7.55 and DHT at 6.36. Silly, silly me.

>>18912250
Frontline or DHT?
Which should I buy?

>>18912448
I think DHT shows more promise but FRO is great too. I have a higher allocation on DHT myself.

Bros I'm so close to capitulating how the fuck is this possible that they're hemorrhaging despite huge earnings? Are they called tankers because once you buy them your portfolio tanks?

>>18912480
Cold, dead hands, brother say it with me.

>>18912442
>in this for a minus 8% day, and then 2 minus 10% days now in a row.
same anon and i've probably lost as much or more money than you. Fuck it. I hear divvies are your friend.

>>18912480

texas oil storage news

you guys meme'd me into buying 100 shares of DHT the other day and now im down $100

>>18912442
Fundamentally speaking $STNG should be crushing it, but we're obviously not playing fundamentals; algos will see the 52 week low therefore buy $DHT. good fucking luck.

/tsg/? more like /ngmi/

>>18912516
good god. Most people would admit the EPA is full of shit but that inherently seems dangerous as fuck especially given the situation of "we gotta put it somewhere now!"

https://www.detroitnews.com/story/news/nation/2020/05/05/texas-eases-underground-oil-storage-rules-raising-concerns/111665326/

>Philip Verleger, a longtime energy economist, estimates U.S. production has already fallen to 8.5 million barrels per day, down from 12.4 million barrels a day in February. He based his estimate on refinery runs, exports and other data.

“Production is already shut down,” Verleger said. “They don’t really need to do it. It’s been done more brutally by the market.”
based economist

>>18912518
Prepare to be down $200

let this be a lesson to never take stock advice from anime avatarfags

>>18912686
Lmao, where is that faggot who said they can't turn production down?
I fucking told you they could shut-in wells bro. Lmao.

>>18912776
I don't think anyone who bought tankers believed the advice until they did their didly, and after that, it was clearly demonstrated that the didlies don't mean shit. There is not a single metric by which someone could have predicted the current direction of the prices except epig maymays. By all logic, prices should be up 20-100% at this point depending on tanker.

>>18912686
Apart from his comment it is not bullish at all with Texas lessening the rules on storing oil.

>>18912825
They aren't shutting anything down. Not that you'd understand since you're clinically retarded.

>>18912859
>that fucking pure denial
do you ever think you might be just making irrational decisions based on your own confirmation bias?
I told you they would cut production to meet consumption, but you would rather shove your head further up your own ass.

>>18912914
How does it feel to be the most retarded poster 4chan has ever seen? Do you keep a background track that repeats 'breathe in, breathe out' to make sure you don't forget? Or are you intubated? I mean clearly you aren't intelligent enough to breathe on your own. So, how do you do it?

>>18912979
how are your tanker stocks doing today faggot?

>>18912825
no, i never claimed that. They have rigs run at like 50% Some of these guys are shutting down too I assume. Im saying it doesnt matter right now its still too much oil.

>>18912844
duh. Production shutting down isn't a good argument either, you want there to be too much produced.

>>18913003
I just realized it doesn't even meter what happens to oil in the short run. DHT already got its fleet chartered for Q2

I lost $5000 on scam tanker stocks

>>18913003
Pumps can reduce capacity up to a point depending on what they're pumping. If you reduce beyond a certain level shit goes kaput. If it's an old installation, shit going kaput usually means it's gone for life. On top of being extremely long and costly to restart these things, it's even costlier and longer to replace dead ones.

You guys should have exited them on monday as I did, though I had to lose 22% of my money before I realized that I was a month and a half late on the tanker play. They're going to keep going down, stop listening to the shills here who have been promising it's going to go up everyday into earnings, only to have them fall more.

>>18913081
Yeah thats why oil is gonna fill fucking caves in texas and fucking NOBODY wants the physical oil being traded in those futures contracts right now.

>>18912348
they killed the earnings call, boosted divvies, and forward guidance looks amazing and their share price still got destroyed

meahwhile boomer cruise stocks up 200 percent

this is peak fucking clown market

>>18913196
The market, like the opens seas, is a cruel mistress. Stay the course.

>>18913126
Another point is that it's still bullish for tankers. If they do start stopping their pumps, it means they expect a long term low price environment that is going to be long enough to justify breaking their shit and taking a year to start shit up again. News that says there's still supply issues (like texas) to the point they have to change policies means that they believe the lack of demand is sufficiently temporary to keep going, which in turn means that tankers are still something they're looking at. The longer their expected return to normal is delayed, the more they'll have to choose between tankers and shutting down, and the more they'll choose tankers as they're already invested, despite tanker rates only going vertical.
Already those tankers that have reported have amazing spot day occupancy rates, and it will only become better over time.

>>18912348
The world is going into a recession. How did it is remains unclear but its gonna be bad. However cheap oil is still gonna be needed by a shitload of emerging states. Political instability in the middle east jacks up rates as well. Trump is crazy enough to maybe let iran close the straight of ormuz. Especially when opening up the country fails d/t worsening local outbreaks that are bound to happen.

>>18912776
Also doggo/fren/cat posters

the chance of a moonshot are pretty much 100% gone at this point
when contracts rollover and oil goes into the negative there will be a bump like there was in april and that'll be it
even crushing Q2 earnings won't do shit

>>18913420
Don't cry about missing the train when it's gone, friend. At least pipelines and oil will be back on the menu after the oil storage situation stabilizes, this'll be your second chance.

>>18912516
You mean that Cushing(which is Oklahoma btw) reported less then expected inventory buildup or that the attempts to impose a production cut statewide have basically fallen apart?

>>18913543
I'm already in up to my eyeballs, friendo.

>>18913058
Everybody's plugging rates. In the STNG earnings call the CFO said a quick statement then explicitly left out to go make deals. >>18913260


>>18913260
It all hinges on the next 2 futures contracts my friend. oil producers can sell futures contracts via banks. So effectively they can outsource "where the fuck do you put this oil" to someone else. I think the paper interest in those futures is far greater than the actual physical interest or even ability to store. Texas might poison its own water supply dumping oil in caves there is so much. And the sweet sweet contango from the squeeze.

MRO just missed and spiked
the royal twitter account is on oil's side and he knows that for oil to do well, tankers have to do badly
there is literally nothing we can do but get buttfucked by donald trump

>>18913597
Then you'll make it. As I said, supplement with pipelines and oils when the time comes, simultaneously buy puts and sell your share at the top to double your tanker gains while you're at it.

>>18913608
Just how high it goes (and when) will depend on futures, but the fact it will go high is independent of them. Or at least that's how it should rationally be. Not that the market cares about that.

>>18913329

>>18913682
>sell at the top
i'm just trying to find the bottom

>>18913802
One step at a time bro.

>>18913670
If i'm reading things right -.16 per share, and a $600 million loss. I expected worse actually.

Who here is ready to sink with this ship?

>>18913058
>DHT already got its fleet chartered for Q2
Yes, and it also locked in a number of long term contracts, which just makes this whole thing so puzzling. It's not just putting money on black, DHT has essentially guaranteed divvies on its stock for the next year or so. Even a pessimistic view of the underlying business would not support current prices for a stock like STNG.

If I had to guess, the algos aren't sophisticated enough to figure out how the tanker market works and think it should just buy/sell based on the oil spot price, and since these are such small companies seeing abnormally high volume, somebody throws a few million one way or the other and the stock goes absolutely apeshit.

>>18914804
I used algo trade to determine high open interest and volume for certain contracts. Right now, it seems for companies DHT, STNG, and EURN there is unusual high option for calls at ~25$ for 5/15. I don't think the ship has sunk yet friendos.

>>18912994
deafening silence, lol

>>18913590
https://www.manufacturing.net/energy/news/21132066/texas-eases-underground-oil-storage-rules

>>18913196
> cruise stocks up 200 percent
> mfw nothing will stand between boomers and their cruises
YOU.
WILL.
EAT.
THE.
BUFFET.
>>18914889
Same thing with 20 Jun 5c on TNP. Open interest is over 10000. Given the low volume on the stock, gotta wonder if we're getting bogged by some mm who is playing their own long game with tankers.
>>18915163
tankers got clapped, not a whole lot to say. Logic says they should be valued a lot more, they're not. Waiting on Rystad's latest report to run numbers but probably going to end up revising my tankers exit down.

This is indirectly related, but I suggest to everyone give "Reminiscences of a Stock Operator" a read. It's out of copyright, and free on archive.org. Jesse Livermore was a legendary speculator, and so much of the stuff we see now still holds true today. We don't have ticker tape or bucket shops, but human behavior is 100% identical. FOMO is the same in 1920 as now. Newspapers were replaced by /biz and CNBC. Irrational markets are the same too- IIRC Livermore had a play, but the stock just *wasn't* doing what he predicted it would, and was dead for days. Right when he sold the bad stonk at a loss, it moved. If he held just a little longer, would have been a tidy profit. Sound familiar?

>>18914804
The problem is partly the algos but today was purely a macro trend. The hedgies are also suppressing the price because they sold a ton of calls to retarded options niggers trying to make a quick buck. They will continue to hold the price down until those calls expire. Prices will recover as we get closer to the WTI contract rollover and ex-div date.

>>18916050
I hate being poor anon. I can't take much more. We just want to provide for our families and build a better future for ourselves. Why do these mega corps have to lampoon us at every turn. Just let us have our tankerbucks please

>>18916050
At this point, tankers are looking good to literally just keep long term. Which is retarded. I understand it is small cap. I understand that there are interests in keeping the price down. But can you genuinely keep something worth twice its value at almost its 52 week lows for too long? Can you really? How long can this last? Is averaging down literally going to make a fortune or something because of how unjustifiable it is keeping the price down on one of the very few things undervalued in this market?

>>18916153
Same. So much same. It would be nice to get rich off these, but really, I am just looking to be able to day trade with my profits and cross the bullshit 25k threshold. Which to do so....will require between doubling and tripling current value. Easily possible. Easily.

FRO down to 7.45 and I'm pretty much out of my comfort zone to keep throwing money at it
I'm in so fucking deep already
I just need this line to go UP
please dear god

https://www.freightwaves.com/news/inside-the-mind-blowing-crazy-insane-ridiculous-tanker-sell-off

I almost feel sorry for these CEOs.
Imagine making your best results ever and seeing the market cap. drop like a sack of potatoes.

This whole situation is hilarious. Almost worth the 100+ bucks I'm down at the moment.

>>18916638
Frankly, I think it may reach 6$. But I'm not even sure enough to short the stocks I own.

>>18916772
https://youtu.be/ZtjFsQBuJWw

Probably what the CEOs thought at the closing bell today. Along with the rest of us..

>>18916772
>Frankly, I think it may reach 6$
why would you say something like this to me

>>18916837
thx
finally found the name of the music
https://www.youtube.com/watch?v=a_Am4cHMBKM

>>18916846
I'm on the same boat friend!
The storm isn't over yet. Hold tight.

big yikes. just a big yikes. You could have bought online retail stores and made triple your money but now you'll be applying for nigger gibs and basically sucking dick for hot dogs.

>>18916638
>mfw I thought I bought the FRO dip but it keeps dumping

>>18917554
There's no end to the dip, boy

>>18916772
Yeah I decided to get out Monday after people here were STILL playing it up after it already lost 20% of value from when I bought it. Just started screaming "shill stock" more and more.

I think tankers was a great buy 2 months ago though, if you did that it would have been a nice 300% for some of the stocks. That time is over however.

>>18917554
>buy the dip
>it dips
>buy the dip again
>it dips
>buy the dip again
>it dips
>buy the dip again
>it dips
>buy the dip again
>it dips
>buy the dip again
>it dips
I'm close to throwing more at it but god I'm scared as shit man
>>18917588
please stop

>>18915787
Not my first bag hold rodeo. My very first stock was Tesla, bought it and immediately got "corrected" up the ass. Help for 2 years and got the 900 hundo to triple my money in.

>>18917875
I won't stop 'til the drop stops, yo

>>18917957
If FRO hits 6 I might buy another 100 shares
Seems risky because in this fucking clown market even with good earnings and divvies stocks crash

>>18918364
I already dropped 10k total in this market so at this point I can only wait.

See you all tomorrow. Who's excited for more tanking?

>FRO sinking, 7.50
>DHT sinking, sub-6 dollars
How is this happening?
How is this even real?

>>18921052
I am. Excited and crying. Please go up tomorrow. Godspeed anon, goodnight.

>>18921175
It shouldn't be. It truly shouldn't be. But I bought more because fuck it, I am sailing this thing to the abyss if I have to.

No pipelines, no natural gas.

You guys are NGMI.

$FRO $NAT $STNG $DHT interesting clue. Whoever is doing this is being clever enough about it to not trigger the short sale circuit breakers.

Almost all of the drops are 8-9% being very careful to avoid going 10% or more where the 2 day circuit breakers kick in.

This is 100% manipulation and actually should be investigated.

This is not market manipulation lol. The fundamentals on this play changesd.. you can store oil in caverns in Texas now so water storage is no longer needes

EURN just published Q1 here: https://www.euronav.com/en/investors/company-news-reports/press-releases/2020/euronav-announes-first-quarter-2020-results/

>Q1 profit 2020 11x up from Q1 2019
>Dividend of $1.10 dollars per share

>>18922534
So, bearish, stock will lose 25% over the next 3 days?

>>18922592
Suits me fine, high-divvies + low stock price = efficient passive DCAing. All the better when prices recover.

INSW reporting later today Pre-US market.

If you're interested in anything about ships ask away.
>t. freshly graduated naval architect

https://youtu.be/EXohAC0GBOU

>>18921475
I got natty gas as well

EURN UP AFTER HOURS 7%
DHT UP 3%

>>18923027
>>18923027
Search Results
Currency converter
9.58 Euro equals
10.34 United States Dollar

still down

>>18923027
My baby DHT needs to GIT

>>18923104
>>18923027
PREMARKETS MEAN NOTHING
EVERY F*CKING MORNING IT GOES UP
THEN ON MARKET OPEN IT DUMPS
FUCK THE ALGOS
FUCK THE MARKET MAKERS
FUCK THE STOCK MARKET
FUCK WALL STREET

Brainlet here. Why is STNG way below last it's december price?

https://www.marketwatch.com/investing/stock/stng/charts

>>18923183
REDDITORS BOUGHT CALLS
THAT MEANS MARKET MAKERS HAVE TO FULFILL THEM IF THEY ACTUALLY HIT
THEY'RE MANIPULATING THE PRICES SO THEY DON'T HAVE TO PAY UP
WATCH AS THE PRICE GAPS UP AFTER 15 MAY EXPIRY

>>18923154
Euro markets are already open

tanker stocks will be up 5-10% today

>>18923183
Because in this market even if you do well and make more money AND increase divvies, your stock still goes down.
It doesn't matter
>>18923203
Up 5-10% from being down 40%
yay

>>18923027
it's gonna dump again, I guarantee it, the same guy has been playing this pattern for the past 2 days, premarket gain by 7 to 8%, market opens, within a minute of market open, price drops from 7.5 to 6.99 on monday and 7.07 to 6.50 for DHT, nearly jumped out of my seat when that happened.But I think premarket is the true reflection of the investor sentiment, you don't really manipulate premarket because there's no point

>>18923209
I am also pissed but we'll see. This can't keep being ignored.

>>18923218
It does show a classic pattern yeah. Is there any reason that stocks would immediately drop after gaining during pre market?

>>18923209
>Up 5-10% from being down 40%

There's a clear upward trend since March (higher highs, lower lows), it's a very wild ride though. I think it's realistic for tankers to beat the early January highs. I don't think you're gonna get rich by holding the stock though.

>>18923194
This feels right. Their positions are too obvious. WSB is one of the most popular subforums on one of the most popular websites in the world. They're literally showing their cards.

>>18923027
Wooo up 3% after dropping 25% from last week! Pathetic.

>>18923027
Who gives a shit lol it's all noise and memes. Day to day movements don't concern me much but quarterlies are forecasting an upwards trend regardless of contango.

>>18923506
meant for
>>18923473

>>18923027
Have you been watching EURN on the EBR? Past 2 days its tanked on US open, something very fucky is going on

>>18923596
Why would someone do this? Why manipulate the market like this?

>>18923622
To relieve retail of their currency, why else?

>>18923691
So when the fuck will these tankers moon. This shit is completely irrational which would explain market manipulation. So how long will the drop last?

>>18923721
5 May when the calls expire

>>18923721
>>18923757
This and imo once (or if) it becomes clear that Goldmans reopening estimates wont be met.
Imo this manipulation and Goldmans 'optimistic' estimates are merely an effort to avoid paying out on calls and accumulate stock.

>>18923834
>>18923721
>>18923757
Let's see, boys. I am not a conspiracy theorist but this shit is shady. I'm holding till I can't hold no more and it burn through my diamond hands.

So who sold the dip yesterday?

>>18924319
Nigga we BOUGHT the dip
The only problem is that we have to the buy the dip today as well

>>18924319
HE WHO LACKS A SAILOR’S HEART SHALL DROWN IN THE TEMPEST

I wouldnt buy tanker shares for at least several months. "Record profits" would be generated by orders set 6 months ago whilst the market was good.
I doubt they would be signing contracts right now that have any value so they will take a profit hit for at very least the next two quarters.
It takes 6 months to a year for the financials to catch up to these kind of events.

>>18924482
it's this kind of absolute bullshit that makes me think there are ACTUAL paid shills trying to convince people to get out

>>18924482
jesus christ read ip on how tanker chartering works

>>18924699
Just ignore them and keep an iron hand anon

>>18924699
Maybe im just not retarded.
>>18924781
Explain how it works. You don't run a ship on goodwill. You have a mixture of contracts with most short term ones falling through.

https://www.youtube.com/watch?v=Zr3g4OZnoQ0

*AHEM*
FUCK ALGOS
FUCK WALL STREET
FUCK REDDIT
FUCK MARKET MAKERS

>Damn ye! Let Neptune strike ye dead Anon - HAAARK!

>Hark Triton, hark! Bellow, bid our father the Sea King rise from the depths full foul in his fury! Black waves teeming with salt foam to smother yer gains with pungent slime, to choke them, engorging yer organs til’ they turn blue and bloated with bilge and brine and ye can scream no more - only when he, crowned in cockle shells with slitherin’ tentacle tail and steaming beard take up his fell be-finned arm, his coral-tine trident screeches banshee-like in the tempest and plunges right through yer call option, bursting ye - a bulging bladder no more, but a blasted bloody film now and nothing for the institutional traders and market manipulators to peck and claw and feed upon only to be lapped up and swallowed by the infinite waters of the Dread Emperor himself -- forgotten to any man, to any time, forgotten to any god or devil, forgotten even to the sea, for any stuff for part of Anon, even any scantling of your soul is Anon no more, but is now itself the sea!

>>18923408
aren't the positions public knowledge anyway

>>18923231
someone's manipulating the market, retail investors only hold 10% of the shares, 60% are held by institutions and it's relatively easy to do so when tankers are small caps stocks. Economy reopening and oil prices going up are already priced in by the initial drop last week. There was also a reversal pattern on Monday. The plan is simple, with the decoy of rising oil demand and tankers being hyped, crash the tanker prices to make profit off all of those trying to catch the tankers mooning as they buy and panic sell, then buy back in when there's blood in the streets, disguise the mooning of tankers along with the earnings report of one of the tankers, basically what Buffett tried to do or did. It's profitable as hell Remember the FA and TA show a bullish trend, even bearish analysts for tankers are puzzled as hell by the ridiculous drop and volatility. Tankers have the best quarter in years and have even better quarters to come and the stock drops near to 52 week lows? I'm not buying it, definitely some shenanigans going on, this shit is more volatile than Tesla right now and that's saying a lot

>>18925218
how long are they going to shake it though
the whole point is to scoop up shares on the cheap to boost divvy right? so it would be counterintuitive to sell shit to keep prices low and be out of shares on 5/20 or whatever the 2020 date is

>>18925218
ITS GOLDMAN SACHS
THEY TAKE THE 20% DIVIDEND AND SELL 5% YIELDING INSTRUMENTS TO CONSOOMERS WITH A 15% MARGIN OF SAFETY

>>18925265
am i reading that right? goldman sachs increased their position by 177% in what time period?

>>18925265
How old is this? Where did you get it? What I see is institutions all increasing their holdings whilst the price keeps dropping. Doesn't add up.

>>18925370
And I don't mean that they buy in as the price drops, but the fact that the price keeps dropping.

>>18925265
That slimey jew knows that it's going to moon but he wants to shake everyone off

>>18925370
>>18925385
that entire list only adds up to 34.33% of total ownership
so they can easily manipulate the price if they can manipulate a substantial portion of retail
goldman's holdings, even as increased as they are on that chart, only constitute 1.6% percent and if retail is 10% like >>18925218 says, then even with them increasing position that much it won't be enough to offset the panic selling of retail

especially if they scare retail into daytime selloffs so they can accumulate at night, which is kind of what we've been seeing...

>>18925456
Well you can't shake me out, jews. I am keeping these 200 stocks even if it means I am financially ruined.

>>18921475
I think natty gas is going nowhere until winter, and pipelines are not yet ready for max gains (gotta wait until after the next oil bottom then it's good).

>>18923027
NOOOOOO
I wanted more cheapies ;_;

>>18924482
Don't mind them, bizlets bought crap they don't understand and now they are delusional.
Business as usual.

>>18925552
interesting

>>18924482
They all reported having signed contracts right now. DHT: 66%. STNG: the cfo ran off to deal with even more contracts. They say they'll update data soon in that regard and suggested it's more record-breaking shit.
You are right about the delays, but that just means now is the only time to buy because in 6 months it will be too late. They aren't taking a profit hit in the next 6 months either according to themselves as they themselves assume significant forward-looking profit at the tail of 2019 deals. The last missing piece is that it's common in the tankers industry for people to agree for fixture but not lift it if they either fail to get the deal they wanted on oil, or if rates are higher in the agreement as they are when the time comes to lift. The thing is, with the low oil prices and a looming second bottom, this is unlikely to happen. Considering those delinquency issues, tankers usually report discounted spot contract prices that account for the likelihood of delinquency. Given the above, this means the actual contract prices are actually much higher than they were reported to be.
Overall I really think now is the one time to buy but I agree that it will take 6 months or so to see the real results of the investment. In the meantime, I suggest selling slightly otm calls on everything to reduce your cost basis.

>>18925456
you could just search online, insiders and companies account for the other 30%
https://simplywall.st/stocks/us/energy/nyse-stng/scorpio-tankers/news/what-kind-of-investor-owns-most-of-scorpio-tankers-inc-nysestng/
https://money.cnn.com/quote/shareholders/shareholders.html?symb=DHT&subView=institutional

https://money.cnn.com/quote/shareholders/shareholders.html?symb=STNG&subView=institutional

>>18925713
>simplywallshitters
555-come-on my dude.

How much profit do you expect from your tanker investment?

>>18925552
>top 10 holders
>RenTech
>The Medallion fund is considered to be one of the most successful hedge funds ever. It has averaged a 71.8% annual return, before fees, from 1994 through mid-2014

I'M GOING TO FUCKING MAKE IT

>>18925552
Link for this?

>>18925829
https://money.cnn.com/quote/shareholders/shareholders.html?symb=FRO&subView=institutional

>>18925787
ZERO LOSSES
at this port.

>>18925787
A good lesson and a delayed small gain plus some divvy

>>18925787
I expect 1.5-3x to be in line with the previous gluts' tanker spikes and accounting for the splits that some tankers had to do around 2012, doubled using a follow-up short position.

>>18925552
2 MILLION SHARES?
Bros
I'm about to buy some more FRO

suck a fat dog cock

>>18925947
*HONK HONK*

Just opened an order for 750 more DHT share, wish me lucky fellow tanker boiz

>>18926352
Good luck. Planning to get 300 DHT, 200 FRO and 200 EURN today.

>>18926352
>>18926376
Might hedge my DHT with some FRO or should I just get more DHT?

>>18926442
I think DHT is stronger but I'm buying some FRO to hedge, myself.

it keeps on trying to go up only to be decimated in the first hour

>>18926481
It behaves like a shitcoin.

>>18926352
Ah, I am so jealous. If only I could have more of a "make it" share. But I am happy with my 500 shares of DHT, 500 of FRO, and 400 of NAT that I am gonna sell of when it yields a profit to buy more DHT and FRO.

>>18926481
I know this is a pattern, but we gotta have some hope it won't go down today. Or at least much. The hedge fund posts are super interesting, probably is manipulation.

AHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>18926534
>Put
Dumb to hedge this bet like that....but having both your put down and stocks means you took it out recently, not at the start. No sympathy, got too late in the put game. I wonder if you got bogged and manipulators saw higher volume of puts or something and wanted to fuck em.

>>18926576
I sold a put to buy more cheaper

Dog cock these weebs out

>>18926702
>>18926730
Nice try Goldman Sachs

>>18926702
>>18926131
they're switching tactics
this shit does more than OilAnon to convince me that we're on the right track

>>18926756
>Goldman Sachs

goldman deez nuts

Imagine having dozens of images of dog cocks for some reason

>>18926824
im imagining it... omg it feels good send more

>>18926824
Also imagine thinking anyone on 4chan even cares about dog dicks

>>18926590
That does make sense on the way down honestly. Nothing wrong with that.

>>18926794
Unironically. In general the shilling against us has been massive. Not even just "wow, sorry for your loss" but outright retarded pretending as if this is wrong. And now this. Where are mods anyways, this is blue board.

I like tankers!

>>18926872
can you imagine the poor intern in charge of trolling /biz/

>billy. we want you to try dog cocks

Why is Euronav up 8% and DHT only 1%?

>>18926988
EURN had much better earnings.

>>18926756
>>18926794

wtf were these deleted posts?

>>18926872
>Unironically. In general the shilling against us has been massive. Not even just "wow, sorry for your loss" but outright retarded pretending as if this is wrong. And now this. Where are mods anyways, this is blue board.

How in the world can you call being down 25% within the last week as shilling against your tankers while you constantly scream to buy despite that? Ever think that you're the shill?

>>18927011
animal gore

>>18926995
But DHT still had incredible earnings so what the fuck.

>>18927011
goldman sachs or fidelity intern posting dog dicks

>he does it for free

Kek, there we go again

they're doing it AGAIN
they aren't going to stop doing it until oil contracts are ready to roll over

>>18927039
Both will do well, stop panicking

>>18926910
Only for a raise. If a highly jewish 1%.

>>18927021
Because this is the only sector with a real positive outlook other than tech, and the profit margins here are far greater. Considering the divvies are secure at least for a year so far, it is considered cheapies even if they only return to previous value later and not explode as expected.

>>18927065
It's rather incredible honestly. Another tanker reported crushing earnings and it didn't pull the sector up yet.

>>18927039
Yea but that was then, this is now.
The market has the memory of a goldfish

>>18927009
>>18927009
>>18927009

WHERE IS HIS FUCKING MONEY /TSG/???!!!

You LIED to him!

INSW figures out: https://www.intlseas.com/file/Index?KeyFile=403904282

>earning per share x3

FRO rising although I've still lost money on this shit

Rough seas ahead mateys!
Hold tight!

>>18927136
it's dog cock boy
that thread was posted literally the same time he got deleted here

>>18927049
NICE CURVEBALL GOLDMAN SACHS

>>18927039
Never said otherwise. I want to believe institutions are pushing down the price because otherwise nothing makes sense. I'm still buying basically the whole sector.

>>18927180
Had to trigger some stop-losses

it is me goldman ballsacks, i have returned

>>18927146
The estimate was 1.73 and they got 1.12 though (don't know how it compares to the undiluted figures however).

sachs has cock 4 every1

next up is horse cock

Anyone have a short term outlook on oil other than:
>Volatile
Im pulling my hair out trying to understand the retarded amount of speculation going on.

DHT is literally the least risky tanker stock because they use time charters that are now locked above the current spot rate

>>18927342
Second bottom incoming then stability for a while then record breaking prices as some producers will have had to shut down and can't get their shit back on time.

we're not out of the water yet, BUY but don't all in, guy who is fking with the market is a sly cunt, he may just be pretending to run out of gas to trap more people

>>18927269
They still had their best quarter since inception - but yes, I had expected a bit more. Nothing on divvies either, which is interesting.

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
WE'RE ALL MAKING IT FELLAS

>>18927269
>>18927387
Suspect it will be announced before too long; at things stand though I'm thinking of pivoting from them to EURN if I can get a good price.

>>18927166
Okay, that is awesome. Once I make it from tankers I want to buy a boat to sail the seven seas with.

>>18927405
HELLO!

>>18927374
Im definitely expecting a second bottom. I'm new to commodities speculation though and am antsy due to its volatility. Thanks for the reassurance.

>>18927371
This. I think they run a good business there not chasing high but volatile spot market rates but instead steady gains.

Get out the diamond hands fellas. The calls aren't dead yet. I've averaged down yesterday and today. IT'S EITHER I'M MAKING A FUCK TON OF MONEY OR GOING DOWN WITH THE TANKERS.

It's going up but I don't trust it

This shit is getting me nervous. I averaged down to 7.20 now so I am not even that far from breaking even (for DHT). I feel a real drive to buy more of either DHT or FRO but I know this might be the famous Goldman curvebal and the moment my order goes through Baruch presses the "Dump" button again or Trump tweets some bullshit.

Wait a minute guys...whatbif they switched strategies because they figures that the only ones still holding after that drop will hold until expiry, and so they're giving us a a fake pump to break even and then they'll moon it.

>>18927613
Remember that we had this before a few days ago!

Also look at the charts, all tankers move in synch.

>>18927630
what if they're giving us a way to cash out and recoup our losses so we break even. Then when we've all left the market, they will moon it.*

>>18925787
$25k- $30k

It'll dump at close again
FUCK MARKET MAKERS
FUCK ALGOS
FUCK REDDIT

>>18925787
if it hits $15 i'll be up about 20k
if it goes insane and gets to $40 i'd be up about 170k

>>18927560
Just wait until may crude futures expire towards the end of the month and the market realizes storage is still at a premium

>>18927613
My average is 7, we are almost there....hell, all my tankers are less than a dollar away from profiting right now. I am not asking the price to do too much with that, averaging down has treated me nicely it seems. Also scary I can go from like a 25% portfolio loss overall from tankers to suddenly a gain if these go up like that.

>>18927630
Kek, that would be a funny way to get rid of option traders once and for all. Probably buying their own contracts back. If that can be done.

>>18925787
>>>18925947 >>18925969 >>18926065 >>18927682 >>18927741
i just want to break even fuck this manupulated industry

>>18927630
jokes on them my exp isn't until after oil goes neg again

>>18927630
>COLD
>DEAD
>HANDS
These market experts don't expect there to be tanker anime autists. That never made it into their algorithms.

>>18927741
Dht dividend fluctuated about 6-8% historically, so adjusting for current dividend which is secured for the next 2 quarters at least, the stock should be at about 17 bucks. Why would it go 40 bucks though?

>>18927920
Indeed, we're the wild card baby

>>18927934
There was an article yesterday that did a quite conservative estimate of the DHT stock and concluded that it was 22% undervalued (from 6.8). Also marketwatch is using the old divvy (at 2 cents) to do their calculations.

>>18927934
>Why would it go 40 bucks though?
oil negative
FOMO

>>18927741
How far out do you have your calls out to? June?

if donald trump fucks this up again on the 19th so help me i will become a fucking democrat

>>18928050
yessir
i'm scraping together what i can from NAIL and putting it all into DHT calls whenever it dips

>>18928056
Honestly, I never had as much money as I do on the market right now and its all on tankers. I voted for him in 2016, but when he starts tweeting about oil he goes from donald trump to cheeto Hitler to me lmaoo

>>18928056
i will abstain from voting if trump fucks up my tanker plays

>>18928105
In a way trumps tweet was a blessing in disguise - similar to how elon's tweet helped tsla buyers

At least we're not getting completely shat on today, but I need like 2 more days of +5% to get back to even / make small profit

Need this shit to climb positive over the next 2 weeks so when it moons on the 19th we're actually making profits and not just getting back to even

>>18927920
Kek. I believe that honestly. This is a small cap industry, between all of us here we probably are a big enough unaccounted for proportion of the retail investors to fuck up algos and trade patterns. They don't know what to do, they probably already tried to go back to lows but it didn't go as low as expected due to us and are now at a loss as to what to do about it or just take us along for the ride.

>>18928283
This. I am green a bit, and it isn't enough to make me happy, but I am not falling into depression neither. If it just crabs along and ends like this today I wouldn't be upset, which it might to further try and shake people out.

>>18928283
We just got shat on again...

>>18928326
if it goes red i'm buying more

>>18928326
Whats the name of this pattern?

>>18928365
Cat ears. Very funny and cute!

Is the amount of divvy you receive based on how long you held or just who ever owns it on the pay out date gets it?

>>18928365
Or this one?

>>18928381
how many shares you own by the ex-dividend date

>>18928381
I think you need to hold at the ex-divvy date. Many are set this month.

DHT back at the bottom of the Mariana Trench again. Like my dick it won't stay up!

>>18928381
Based how many you own.

>>18928384
Why are Americans dumping tankers every day?

Just sold all my STNG

>>18928481
Apparently they need the cash

i'm changing my game at this point
i'm not waiting for some random moon
i'm all in counting on may 19th and doing everything i can to continue to average down between now and then

>>18927385
fking called it lol

At least it's going up and down so I can daytrade this shit

>>18928528
>>18928495
>>18928481
Buying oil tankers is betting against the american economy

>>18928571
OK reddit.

>>18928581
Which might be a wiser move to make than most Americans think.

Fuck it, I am going to buy more on this dip. We ain't going lower as we haven't for days and I want to lower my average.

>>18928581
Bet you buy products from companies that cut their jobs here and move manufacturing overseas too lmao

Wow is my NAT bringing me down today. Serious question though, why do people hate NAT as a company? I can understand hating it for being shilled and that pump and dump, but what is wrong about them as a company to get so much hate? Tempted to buy more on this dip.

grabbed $500 of STNG puts for May

if oil's going to go negative again the decline should be starting today or tomorrow

>>18928699
Checked
Before you buy, wait, it's going to keep dumping to high $3, low $4

This has to be some type of manipulation. We're going back to early April levels which is just unheard for a sector that's doing so well right now, especially after these earnings. stonk should go up not down.

>>18928709
That's way to fucking dangerous right now. You literally have no idea what's going on right now, and it's obvious that someone is controlling the price. They could pump the shit out of this tomorrow and you'd be caught dead in the water. Don't be a trend chaser.

>>18928581
Not really. I see it like this:
High oil supply, high oil demand: good for tankers
High oil supply, low oil demand: VERY good for tankers (because of imminent storage shortage)
Low oil supply, low oil demand: bad for tankers

The latter is the reason why tankers dumped in January, China was buying less crude, at the same time people were expecting OPEC cuts

We might see a low supply-low demand scenario this year, but the extra earnings from Q1 and Q2 should be more than enough to place tankers reasonably above the February lows

Lol go ahead and tank the market bro. Try to shake 'em out

I'm holding until zero anyway faggot

What are you gonna do? Tank them all the way to zero? Lol good fucking luck

You gona bankrupt all the oil tankers at once? Is that even mathematically possible?

You jealous we've figured out the market and are all poised to make money? Does that make you mad?

Seething that we're "betting against America"? lol faggot

Please, go ahead, drop the stock price more. I'll just buy more to average my cost basis down. Checkmate faggots

I'm waiting...??

Oh what's that? FRO just dropped another 5%? just bought more faggot

Oh, you're tanking DHT on the back of their stellar earnings report and increased dividends? just bought more faggot

TNK having another -10% day? who cares just bought more

Oh, EURNs giving up all of its 5% gains just from this morning? looks like i just bought 5% more then faggot

Seething at the Rystad report dooming oil storage so you're spamming the red button? keep spamming nigger i've still got cash

The only thing you possibly could have left to do is hack into my brokerage account and manually sell my shares yourself. good luck doing that, faggot

>>18928699
Simply on the fact that their fleet isnt as big as fro or dht yet they have a relatively high market cap which leads people superficially to believe theyre overpriced

>>18928789
I think production will always outpace demand (as far as storage allows) the coming months due to geopolitical reasons. The current cuts barely make a dent in the oil glut.

>>18928790
same
minus the /sp/ feel

>>18928699
NAT is available in more brokers(shitty ones) than the other stocks.
So naturally it attracts the pleb.

>>18928790
Based

>>18928790
hahaha touche anon

>>18928790
BASED
A
S
E
D

NAT keeps dropping, what the fuck.
I understand this isn't just a short term hold but this is so unreal

>>18928709
You are really dumb, aren't you?

>>18928723
Not today most likely. market is high on hopium for a drug going to phase 2 trials for corona which isn't expected to give a vaccine if succeeded for still at least a year. Lot of hype for the rest of the year at minimum remaining fucked.

>>18928756
But why is it hated as a company? I actually am waiting though, least to end of the day if not tomorrow to buy more. If we are dumping all tankers I might as well keep waiting for bigger and bigger dipping to keep buying. My margin is ready for small additional buys continually down, idc, this will go up enough to justify it.

>>18928797
I understand that they got smaller ships and fleet, but they got a strong history. Unironically stronger on the downward trend recently holding up than DHT and FRO. And its ATH is still 10x. I disagree a lot that they were overpriced, but I am still gonna wait and hunt for a better deal if it comes around.

>>18928818
I can understand this reason. At the same time, might moon faster. I just like its overall stock performance prior to plebs buying in due to Cramer shilling, the company itself no matter how I look at it just isn't bad enough to warrant a warning sign for.

a word for anons, this thread is a honeypot to trap anons into holding their bags. These people are miserable with crabs in a bucket mentality. If you go in, have at least a stop loss for Christ's sake. I still believe it will go up but not until late-May

>>18928895
post proof or you're just dog dick anon trying another tactic

>>18928790
BASED AND TANKER PILLED

>>18928790
It's like we are at the poker table, and they are trying to bluff us out!
>Raise
>Call
>Raise
>Call

KEEP RAISING FAGGOTS. I KNOW I GOT YOU BEAT!

>>18928936
watch them try a spike between now and may 19th to try to get bagholders to sell their calls early

>>18928790
wtf is that frog over 18? if not tel him to stop looking st me like that

AND BAAASED

>>18928790
Unbelievably based

>>18928790
B A S E D
A
S
E
D

WHAT HAPPENED WHY IS IT GRAY? IS THIS A LUNCH BREAK OR DID THEY CLOSE THE MARKET

>>18928887
>I can understand this reason. At the same time, might moon faster. I just like its overall stock performance prior to plebs buying in due to Cramer shilling, the company itself no matter how I look at it just isn't bad enough to warrant a warning sign for.

There is absolutely nothing wrong with any of the companies people talk about here. Even long term, there are no ships being built so these companies will have even less competition in the future.

This is a great teaching about patience, the drop was unpredictable in it's steepness and value.
But with great fundamentals behind it, it is a strong case for DCA. Just got to deal with all the red numbers in your account.

>>18929007
Grey just means its at the same price as it was at opening

>>18929007
you had me for a second

Just sold my 12/18 DHT 15c and 5/15 NAT 10c, lost like $300 bucks on those fuckers.

Is DHT a meme or should I throw 1k at it?

>>18929076
i would go in slowly.

>>18928790
BASED. Retail's only chance of winning is through averaging down. If we keep this up for a month we're going to short squeeze the MM to cover for their naked calls.

>>18929071
post proof

>>18929076
They'll have good dividends at the very least.

>>18928926

>>18929076
check the 1 week or 1 month chart and set a limit buy like 5-10% above the weekly or monthly low. there's a decent chance it could dip and you'll get to pick up cheapies

it's not worth owning the stock if you dont get it for as cheap as possible with these

>>18929076
buy the sector. EURN just announced MORE DIVVIES. Literally 1 buck and paid now quartely shits insane

>FINAL 2019 DIVIDEND & Q1 2020 DIVIDEND

Euronav is transitioning to a quarterly dividend distribution policy (previously a semi-annual distribution) which means that there will be two dividends distributed in the second quarter. One dividend is related to 2019 and requires the approval of the shareholders at the AGM (see below) and one dividend is related to our first quarter results.

>>18928807
>I think production will always outpace demand

It takes some time for the supply side to fully adapt but in the end it's inevitable since storage capacity puts a limit on how long oil producers can pump more than needed. The small guys can't produce at a loss ad infinitum.

Lately, there's been talk about the world being past peak oil demand with this crisis. IF this is going to be the case (and I'm somewhat skeptical about this), it would be bad news for tankers. Maybe that's one reason why investors are skeptical about tankers, the long-term outlook is unclear even though financials right now are great.

>>18929076
Prepare for a wild ride. I keep buying my average down but I don't expect absurd results before future contracts end or even Q3 earnings.

>>18929206
how is that proof that this thread which is experiencing intense anti-shilling is a honeypot to keep people in the bucket
and how would keeping people in help bagholders

>>18928790
Based as all fuck. We are gonna hold strong, sail these stormy seas! This is a winning play, the only question is how long can the assholes keeping it down in fact keep it down because we are not fucking selling this golden goose.

>>18929019
I love the prospect of less competition. I been dealing with red. Oh so, so much red. And I am mainly out of powder save for "acceptable margin" that isn't far enough to put me in danger even if the stocks halve. But I DCA'd all the way down until today. It is hard to find my zen, but I KNOW these numbers aren't right, and given how long these companies are going to keep pumping out good news I doubt I won't make back these losses over time.

>>18929221
Is EURN really that good to have when it's ATH isn't that large in comparison to price?

>>18929221
Hmm, might get some EURN as well. This also counts for the European stock? Can't find it anywhere.

Also:
>EURN's trailing 12 month dividends has averaged an annual growth rate of 1,379,999%.
Well well...

>>18929213
its basically at its weekly low and a few off from monthly I'm gonna start a small position

>>18929293
I also would like to know the ex-divvy date. Can't even find it on the Dutch languaged Belgian site.

Here I am, the guy that swore never to invest in something those filthy Belgians touched. Jan van Speijk would roll over in his grave!

I sold my NET at 24 for a small profit profit to buy into tanker dip a couple of days ago. NET is now mooning to 28 while FRO took a fat dump from a DCA to 9 to 7.5.

>>18929245
I just tell it how it is man. Take it or leave it.

>>18928887
>Not today most likely.
i think it may have started this morning

literally just write puts
you get paid to do a limit buy

its like negative oil
they pay you to buy the stock from them

>oy vey my covered calls
>activate it

>>18929389
Ehhhhhh.......it is still so high, what I mean is that it will remain positive for the day. It can keep crabbing down, but the boost from the medicine will keep it green imo.

New thread, updated
>>18929459

>>18929459

>>18929459

someone make a fresh bread pls

>>18929365
Don't worry, I did the same on 2 met calls

>>18929359
For the first quarter of 2020, the Company realized a net profit of USD 225.6 million or USD 1.05 per share (first quarter 2019: a net profit of 19.5 USD million or USD 0.09 per share). Proportionate EBITDA (a non-IFRS measure) for the same period was USD 335.2 million (first quarter 2019: USD 131.4 million).

The timing of dividend distributions is provided herewith below.

2019 dividend (coupon 20)

AGM 20 May
Ex dividend 28 May
Record date 29 May
Payment date 09 June
Q1-2020 dividend (coupon 21)

Board Approval 5 May
Ex dividend 15 June
Record date 16 June
Payment date 26 June

I always thought divvies were for cucks but since i'm bagholding thanks to the bog they'll be my friend.

>>18929206
RIP

>>18929511
Thanks, man. Alright, still got time to get in then. These divvies are insane. Just calculated that I am getting upwards of 400 dollaridoos in divvy this year with less than 2000 invested.

>>18929206
Why do people trade option on dividend stocks?!?
These are the best to baghold if it comes to that.

>>18929628
I know this is a tanker thread but REITs are the way to go for divvies $ARI $NLY are awesome divvies I'm riding that anal train till I make it

>>18929777
They all cut their divvies for the foreseeable future and are about to go under.

>>18929811
what makes you think they are going to go under

>>18929777
>>18929981
>mortgage commercial reit
dumb redditor

>>18929777
Some of those reits make money by renting real estate, and the others that pay around double the divi (could be different now) are moneylenders you dont want to hold
You could get the real real estate discounted now, even if risky as those still generally use debth