/biz/ - Business & Finance

inb4 dog dick boy tries to take over the thread again

who /osg/ gang here?

up 12% right now boys

>mfw my break even on FRO is $10.50 despite DCAing

>>18951403
dude's crushing it
it's good to hear somebody from the US speak clearly with a real plan to maximize impact
wish they had a dividend though

>>18951407
Oh you bought the TOP top

DHT cannot go down this is amazing

>>18951420
are we holding our shares or taking profits here?

i'm in for an average of 2.28 / share

>>18951482
HODL
we're waiting on the big oil dump
take a little if you need to but hold your wad

OSG dude is CRUSHING it right now
demand not projected to recover until the end of the YEAR

>>18951430
>extremely strong fundamentals on tankers in general
>it starts shooting up one day
>get FOMO and buy in at the top

OSG dude knows exactly what he's doing

>>18951531

its funny i stumbled on to OSG somehow while looking up what investment firms owned which tnakers. one of the firms bought another 2million shares @ 2.50/sh. the price was at like 2.25 so i bought a bunch basically just copying them.

OSG has outperformed every other tanker by about 25-30% for me. FRO, EURN, TNK, DHT - beating them all and way less volatile

>>18951588
they don't have a divvy
combined with what you just said, makes me wonder if they just aren't being manipulated like the divvy tankers

What's may 19th?

>>18951630
oil futures settlement date

>>18951630
oil contract rollover
what sent oil into the negative in april and everyone's completely forgotten about it, apparently

>>18951342
Missed something.
FRO has been moved from 5/14 to 5/29. Still planned for pre-market.
SFL has been moved to 5/19 pre-market.

NAT on 5/18, not specified
SFL on 5/19, pre-market
TNK on 5/21, pre-market
FRO on 5/29, pre-market
TNP on 6/4, pre-market

If anyone knows of tankers reporting between 5/18 and now, telling me about them would be nice.

>>18951660
>what sent oil into the negative in april and everyone's completely forgotten about it, apparently
with uso changing what futures contracts they hold I can't imagine it going negative again. we'll probably see single digits

>>18951683
i'm not sure it needs to go negative in order to achieve what we need. just needs to get people looking

If you haven't already, listen to the Jim Bianco link in OP. Good shit and it's hilarious how many normies are trying to time the bottom of USO not knowing what they're getting into. They never learn.

>>18951683
that brings up a question, though
if USO isn't buying this months' contracts, who is? how are they prices even as high as they are?
couldn't this month be even worse?

>>18951683
Bingo. The two largest front month future contract holders were $USO and $UCO. Both of them roll'd over like gay puss bois to Sept and July. We might not even see single digits.

>>18951758
>>18951750
wti puts?

>eurn almost dropping to $10
Gonna get my sweet divvies, scallywags

Its the same thing everyday

>>18951683
Do you really think USO is the only one holding all the contracts?

>>18951624

true they don't have a divvy. but i mean i'm up 20% on my position.

>this guys dog barking in the background

>>18951841
>>18951624
>>18951588
DO NOT TOUCH PENNY TANKERS
NO ASC
NO DSSI
NO TNP
NO TNK

>>18951624
i'm tempted to take profits here. i could see them deflating back down until the 19th

>>18951683
Why is this "USO brought down the futures in April" meme still alive? You all do realize they left a week earlier from those contracts, right? They played very little part in the prices falling, people just meme it because they were dying at the same time.

>>18951664
As well, I changed DHT's actual EPS back to its diluted EPS, as most tankers are reporting their diluted as their main EPS. If you're wondering what diluted means you can search online or a previous thread for answers (the thread where DHT was first reported would be the one).

>>18951870
oh i'm not moving off DHT. they won't be able to do it forever. at some point they need to solidify their own position and then they won't be able to do anything about what happens

Instead of buying more, just sell puts
FUCK MARKET MAKERS
FUCK ALGOS
FUCK FIDELITY

>>18951870
OSG has been the most profitable and its share price is under 3$. go fuck yourself

also TNK is not a penny tanker retard. TNK by the way is also outperforming all of the bigger tankers including FRO DHT and EURN

>>18951896
>OSG
Mkt cap 230.93M

>TNK
Mkt cap 605.78M

enjoy losing money

>>18951892
>tfw interactive brokers won't let me sell puts without margin

>>18951758
>Both of them roll'd over like gay puss bois to Sept and July. We might not even see single digits.

Doesn't mean much, there is still plenty of people holding CFDs on WTI.

Also, WTI is at 25$. So clearly people are buying into it.

Also. European Corona infected per day is increasing again, showing that ease of restrictions was too soon and hinting at a second wave of the pandemic. If that happens it will reach the highest about 14 days since the ease of restrictions. That ease begun in May 4th. 4+14=18. So in May 18th we might have huge infected numbers showing up again.

Guys, keep an eye on the new daily infected numbers. If that is true, we need to reap the rewards and dumped the stocks fast, no time for divvies. Also, dump your other stock you might have.

18th 19th time frame will be CRUCIAL.

>>18951912
i'm up 20% on OSG what the fuck are you talking about lol

smaller is better in this environment

what does it mean when open interest in a specific call is increasing but there's no volume?

>>18951950
Don't think tankers are a dump if corona is back on the menu. In that case it will only cement a great lack of oil demand which will further rocket tankers and kill oil.

>>18951968
someone is writing calls/puts

>>18951950

On one hand re-infection is pretty bullish on tankers cause it suggests we won't be opperating at full capacity yet and oil will still be in a glut. On the other a second wave could be the next negative event not priced in causing the next leg down in the market which will wipe everyone out.

If you disagree I'd like to hear any opinions.

>>18951750
Most brokers have stopped allowing arbitrage for future contracts since oil market go boom boom, so that should take away some OI right? Wrong. For some reason OI and volume has stayed (roughly) the same... My conspiracy this time? Oil companies need to have these contracts to prevent well shut ins & breakeven, even if there's no storage. Trump said he wanted to rescue energy and store more oil in petroleum reserves. If you're Trump and an oil glut has occured, the libbies are going to blame you for it. So what do you do? Pump the shit out of oil! I doubt he's doing a backroom deal, if he just buys up a lot of the future contracts then he can inflate the price of oil to prevent companies from going under AND say he's doing great politics for the oil sector.

>>18951950
I don't disagree that oil will drop, but I'm not sure if we're going to see single digits. According to the media and also rystad, we've seen "the bottom." I'm not saying they're right, but that means if we have, we might not see negative oil for a little while. Just a thought. I don't really think you can predict the numbers, it's just too volatile.

>>18952104
Many analysts are predicting a second (last) bottom ahead of us.

>>18952029
Why would somebody have just written 50 6/19 $14 calls this morning after it being stagnant for the past week?

>>18952146
I hope so Anon, but we don't live in a world that can be easily predicted. Last time I tried to play energy in early April, I got burned by a fucking trump tweet. A tweet. It's just not as predictable as we think. There is a higher order and they will not let oil fall apart in America.

>>18952230
Trumps been royally fucking us all that’s for damn sure

>>18951922
Even if you have the cash to cover max losses?

>>18951950
I don't believe in the oil pump for one moment. And Wave 2 we all knew was coming, but that would be super soon. Much sooner than expected. It excites me.

>>18952104
Didn't Rystad say we haven't seen the bottom though?

Is it too late to buy in?

>>18952306
Not yet

>>18952306
Depends on what
Most likely not though
It probably will be too late Monday

>>18952306
If you believe in the fundamentals it's a good time. But you're in for a bumpy ride.

ok tankerchads, how many of you are
a) holding until the dividend payouts?
b) holding until may 19th?
c) holding until the next quarter earnings call?
d) holding for the long haul?

>>18952320
>>18952323
>>18952334
Alright I'll throw 100 bucks in FRO, EURN, and DHT. I want to be a boat man. Hopefully I come out of this with my anus intact.

>>18952255
They said we have reached the "Demand Floor" and countries are starting to loosen restriction -> mobility -> more usage. OilAnon knows more about this then I do so we'll have to wait for him.

Also did anyone screen cap the retard yesterday that switched from calls to puts? I want to tell anon he's a dumbass.

>>18952361
We’re getting fucked with pretty hard so I can’t help but feel like there’s got to be something big coming but don’t put in more than you can afford to lose

>>18952349
Holding forever

>>18952349
I was planning on holding FRO until it hits 14-15 again but the more I think about it the more I'm thinking about just holding it forever
Getting divvies and maybe it goes higher one day? who knows
Depends how the earnings appears which apparently got pushed back which sucks but oh well

>>18952349
May 19th is the key date and play it by ear from there for me. I’m not long-haul but I will likely convert calls to shares on the way up, collect divvy, then get out and back to NAIL where I came from

>>18952349
yes
yes
yes
will have to keep updated on information coming in. It's a longshot but we could be in for a bull cycle depending on how things turn out. >>18952361
Good choices, all hands on deck.

>>18952230
the further down
the less likely its the last

>>18952306
DHT is good and super cheap still.

I'm so excited I just went green in FRO.

>>18952349
It depends on what Q3 estimates are like. More than likely i'll hodl for annual div because I'm tanker pilled.

e) keep selling covered calls, re evaluating at Q3, seek growth until at least a 50% return by the end of year.

>>18952349
Yes

Here we go boys all hands on deck. Will we see early day dump again 4th day in a row?

Somebody’s falling off the boat. There are 5 6/19 $14 calls available for .05 if anyone wants them

>>18952562
Some $11s at the same price as well

>>18952104
>but I'm not sure if we're going to see single digits.
The previous bottom was -37
37 down is more down from zero than we are now.
I predict that fear alone will get us to the teens.
Facts will do the rest

>>18952030
>On the other a second wave could be the next negative event not priced in causing the next leg down in the market which will wipe everyone out.

It was April 20 that oil went negative. Go look at SPX, it went down on the 21.

So I predict that on the 18 we might actually see Oil down plus it's a monday so the new numbers will have been digested by monday.
So SPX drop starts monday at the same time WTI drops to a second bottom.
Tuesday 19th SPX continues drop like it did March 17th PLUS reacts to the WTI drop too like it did 21 April.

If both those things happen, not even the tankers will withstand.

Also, minor event, DHT ex-div date is 18th as well so 19th might have a drop on DHT affect other tankers too.

Oh, and May 15th several option contracts end.

>>18952413
Redpill me on NAIL. I see that its a 3x share, how does that work anyway?

>>18952557
That crude?

>>18952605
They have a portfolio of builder supply stocks

Keeps on performing I don’t know why it isn’t more popular
Just not sexy enough I guess

>>18952640
STNG but DHT and EURN look similar. I was trying to point out the dumps an hour after open for the last 3 days.

What should the people with calls expiring on the 15th do? Is there even anything we can do?

Gguys?

>>18951505
shouldve taken profits. up +12% has deflated to +4%. in 1 hour

losing faith in the tanker market as a whole

Why are the tankers tanking ?

>>18952776
it's been bouncing around all week after trump manipulated it up tuesday morning

>>18952814
>>18952793
>>18952776
babby's first screenshots
are you new, though? this happens every day

>>18952807
Because /biz/ is never right

>>18952807
it is not yet our time
next week

>>18952807
also everything is going down right now
including crude

>>18952824

I mean, why tankers are following oil falling. I noticed that in FRO and DHT, while EURN is relatively stable

>>18952776
>>18952793
>>18952814
STEADY HANDS BOIS!
NOTHING BUT A SQUALL
I'VE SEEN MUCH WORSE IN MY DAY
HOLD YOUR SELVES
IF YOU DROP OVERBOARD YOU'LL BE DEAD IN THE WATER

AHHHHHHHHH MY CALLS EXPIRE ON THE 15TH PLEASE MOON NOOOOWW

>>18952902
because everything is falling
i'd expect tankers to participate in the bounce more than crude

>>18952913
charge your phone
also you're addicted to youtube

>>18952902
>EURN is relatively stable
Because it's traded in Europe too and people that trade European stock have a less twitchy finger on the trigger.
wait 1 hour more when Euronex closes and you'll see some action there too.

>>18952912
Minus 0.28%....I can handle these waves no problem! Aye aye Cap'n!

>>18952776
This guy's a rookie. We see 11% drops on the daily, pull out now, you don't have the hands for this.

>>18952230
By not letting oil fall apart they're fucking USO bagholders though. Plus normies don't know about the reverse split and were getting greedy as fuck seeing USO go from 5-20. oil "looks" very bullish to the avg retail investor. But inventory is filling up like crazy; Oil not failing yet is bullish for tankers, just not in the public's optics. Think about it. the more oil keeps getting pumped out the less space there is to store it. Trump cant let oil fail, but oil wells need to run at at least 60% to not get damaged. They go below that and smaller companies start going out of business. Demand just isn't there yet, and if second wave rapes USA (Spanish flu second wave raped harder than first) you know that oil isn't going to reach full demand anytime soon. Trump and oil are in a catch 22.

>>18952913
Personally I think all 15th expiries are fucked.
>>18952807
There's been a pattern of early day dumps, with an overall uptrend in tankers. I sold some STNG at 19.90 will try to get back in at 19.

>>18952999
Holy fuck, soon as I posted that someone dumped DHT and now down 1.7%.....tiss nothing!

crude is down almost 4% in the past half hour

>>18953010
well spoken

>>18953010
>with an overall uptrend in tankers
you mean downtrend

>>18953010
i'm on your side but spanish flu is about the worst comparison you could possibly make

If I get dubs bogandoff dumps oil today.

https://www.forbes.com/sites/edhirs/2020/05/07/railroad-commission-recap-whither-now-don-quixote/#2231cb625d4c

>>18953156
we don't need the bogs
we've got texas and iraq

>eurn still not down to $10
Come on fucker drop. I got 2k ready.

>>18953218
just sell puts for half retard

https://www.forbes.com/sites/sarahhansen/2020/05/05/why-are-oil-prices-rebounding/#3756e2252de6

>Despite the major production cuts, the oil market is still under pressure and the next few weeks are likely to reveal more weakness. “The existing problems did not magically get resolved, the storage constraint is still there, but a couple of weeks away, so we will see its effect on prices soon, as the market will get tight,” writes Per Magnus Nysveen, head of analysis at Rystad Energy.

>>18953118
Depends on how you look at it; see pic. If we end up positive going into monday I'm bullish as fuck.
>>18953141
Why's that?

>>18953328
everybody's already had covid-19
what sparked the second wave of spanish flu was soldiers who had been completely (actually) quarantined from it returning from WWI

>>18953328
Yah it looks like $STNG is consolidating. The fact that we've gone from 11% moves to 8 to 5 to almost 3 today means we're gonna prepare for a big move. You can see it all on the tanker charts. If we see crazy volume like the last couple of days and no big percent changes there's gonna be a breakout into the strasophere. And I think we all know what direction it's going to be.

people are leaving oil
crude dropped along with the dow about 4% but only recovered 2% as the dow came back to its daily high

>>18951342
Okay, so basically the play is crude oil prices staying low and we stay in the oil glut, which basically causes the shipping companies to have to hold the oil in contracts which increases their value when the price of eventually oil goes back up(projected in June)?
So unless oil goes back up sometime this month this is a solid play, even better if the oil situation gets worse.
Also, regardless of it is a decent play I should invest in, I've learned about something really cool today and never realized how much of an impressive feat of engineering these ships were.
They are so advanced they are a viable method for storing oil for long term oil gluts, absolutely fascinating.

>>18953463
If this is the play we are doing and we can really get a beat on oil prices I will all in on this play. IF we have a crystal ball on the oil prices, I am going to have to do a lot more research on this. I see the logic behind it and have been meaning to do further reading on why the oil is so cheap as it stands, anyways. This is a very interesting play.

>>18953546
nobody's really discussed the price of oil coming back up (won't be June)
the value is in the day rates the tankers are charging to hold on to the oil. they are tripling/quadrupling and the tankers are making bank RIGHT NOW

Q1 was record-setting
Q2 is already ahead of Q1
divvy's increased already and will go up quite a bit for Q2

>>18953586
oil is cheap because no one is using it and producers keep producing it

iraq is already failing to comply with the OPEC cuts. texas is not cutting. shale is starting up production again already

>>18953625
oil prices are climbing though and contango has ended, tankers arent really a play for any price movement upwards, they'll continue to crab and decline

>>18953649
Ok.

>>18953677
Glad you understand a bit better now, best of luck to you!

>>18953649
Why is there a glut of tankers with no space to offload on the coasts, if the contango has ended?

My ass is bleeding all week tankerbros, how much longer until we reach the green lands?

>>18953649
>contango has ended
>ended
>production is cut less than expected
>demand isn't as high as expected
>filling worldwide storage limit is inching closer as demand has yet to overtake supply
>"ended"

The worst has yet to come, and the backlog is getting ever worse. Contango is still getting worse even as we move into it, there is like a super contango contangoing the super contango.

>>18953649
Ok.

>>18953691
you'd better call fidelity
they're fucking up

>>18952252
Yes. I have no idea why they don't support cash secured puts. Some of their documents mention supporting it but the rest of the documents mention you need margin to be able to sell any kind of put.

>>18953691
fidelity fucking up real bad

>>18952349
None of these. I'm holding for max gainz and this might be Q1 2021 (but I don't think it will be any later). The dividends is a way to reduce my cost basis. I'm going to be holding through some of those dates, but only incidentally.

>>18953691
fidelity dropped every tanker that doesn't give a divvy and picked up the ones that do
the ones that we are picking up

the ones we are being shilled to drop ON SCHEDULE every single morning

>>18953586

Exactly. There's a lot of fundamentals in order that predict a bullish year for tankers, but we've been struggling with the market acting in the opposite direction and that's the primary concern until yesterday. When earnings came out these companies dropped over 20% earlier this week, despite massive profits. We're seeing gains past few days though. Another thing we're concerned with is whether or not we can exit this play before economy rolls over.

>>18953649
Price doesn't matter, demand matters and our argument is that demand won't be able to reach anywhere near supply. But supply literally can't be shut down beyond 60% or oil wells get damaged and go bankrupt, which no country is going to allow.

>>18953716
Almost there, we've been seeing green past 3 days. The string of exceptional quarterlies have bucked the downtrend; Next 2 weeks we see a lot of calls expire, storage filled, june futures. Could blow up this month. More likely next month.

>>18953801
What does this mean for us?

>>18953863
dividends are a way of saying you're bagholding a loss and trying to make it back by holding long because you lack the confidence to make up those losses in other sectors

>>18953897
>What does this mean for us?
as far as i'm concerned it means we know who keeps sending interns here to troll

>>18953716
One more week and one weekend after that.

This journey is a lengthy and perilous one.

>>18953923
Ok.

Will the autistic anime boatslut footfags of /biz/ manage to overcome the jews at Fidelity and the shitpost emperor Donald Trump?

>>18953949
that is legitimately the battle

>>18952349
I'll hold until I feel like selling. A steep fucking incline in price is needed before I think about selling before Q3. Not gonna let my boy Svein down. We are in this together, Svein. I keep holding your shares and you keep holding that oil!

>>18953941
kek you guys are like NPC's in group therapy, these threads are good for a daily laugh

carry on

>>18954023
back to cleaning the toilets, brandon

>>18953863
STNG has no real divvy.

>>18953924
I love the illuminati Fud. Not selling.

https://www.cnbc.com/2020/05/07/oil-market-rally-too-optimistic-too-soon-analysts-warn.html

>>18953897
It's simple in the sense that getting tanker stocks means:
>You bet against American oil
>You bet on an oil glut taking longer than June
>You bet on opening up not going as planned
>You don't feel comfortable investing in other stocks right now even though they are mooning no matter the bad news
Which - in my opinion - are logical stances to have if you read into the numbers and not believe all the meme news.

the media (most of it), Donny, oil companies and((analists)) have been positive for weeks now. We have yet to actually see it happen as we are blasted with bad news. Tankers have become a meme in the sense that their viability is fully connected to the oil glut now - which it isn't. No oil glut means tankers are shit. In reality, tankers prosper on the spot market as well where they thrive on volatility (this is where that story came from of that one tanker that refused to unload it's oil because the next day would give a higher price for oil). We don't need full fledged Contango at all.

>>18953649
Contango has not ended you retard. The spot price for oil for WTI is ~20, the front month is 23 and the next month after that is 25.
https://oilprice.com/oil-price-charts

>>18953979
And it's amazing. Maybe in the future there will be a movie about this.

https://seekingalpha.com/article/4344546-oil-futures-curve-forecast-downward-shift-and-increased-contango

>>18954415
>I believe oil tanker companies are one of the select industries set to profit and excel in this environment. Oil storage assets are highly valuable if oil remains oversupplied and the contango in futures increases, which incentivizes traders to buy now and store for future sale. This combination drove up tanker rates to extremely high levels in March and April 2020. VLCC rates rocketed to upwards of 200k per day, which is extremely high by historical standards and rivals the circa '05-'08 tanker boom days. Tanker companies have started reported earnings and the results are very good, but the guidance is even better, as the sky-high rates will mostly be earned in the upcoming quarter. DHT reported in Q1 2020 VLCC's operating in the spot market achieved an average rate of $66,400 per day, and thus far in Q2, the average rate is approximately $110,000 per day.

>Last year at this time, VLCC rates were around $30,000 per day. Interestingly enough, many tanker stock prices have barely moved despite the huge upward shift in earnings. For example, Frontline (FRO) is currently valued by the market less than it was a year ago, at $7.70 per share rather than $7.82. It seems the market is either inefficiently pricing these companies or doubting the sustainability of current earnings. For reasons above, I see little reason tankers cannot continue to profit substantially and excel over the intermediate term. There are headlines that tanker rates are "down over 50%", but that is very misleading, as they have only come down from the sky-high levels (that will be reflected in Q2 earnings) and are still above historical averages. Unless VLCC rates crash down to $20,000 or $30,000 a day in the near term, these companies share prices can rise substantially.

we are not alone

>>18953949
>>18953979
>>18954383

The Big Port

we are really not alone

https://seekingalpha.com/article/4343702-dht-remains-in-good-position-despite-contango-contraction

>>18954475
ONE OF US

they're going to be storing this stuff for the rest of the year at over 100k/day

https://www.reuters.com/article/us-global-oil-physical-analysis/from-zero-to-hero-physical-oil-rally-might-be-short-lived-idUSKBN22J0N6

>>18954607
There was an estimate that if contango hits again, spot rates could hit 250k+. I don't think any of this is truly priced in.

>>18954217
Exactly, it's a contrarian position based on facts. Literally the best position to be in when you invest. It's still a gamble, but not an outright one. Nonetheless I like the upside potential so much this is 40% of my portfolio. I don't take bets often but this is one of the best bets I've seen in a long time.

>>18954415
Valid article, but if you can't figure that out with your own research you're retarded. The only thing media is useful for is geopolitics. Everything else is shilling

>>18954663
i'm not saying i needed that article to tell me
i'm mainly posting these to show what retail outside of /tsg/ is likely to be reading

>>18954650
I feel quite relaxed in comparison to a week ago. I bought in too high and the price dropped immediately but I have averaged down now. Just started trading so wasn't used to the red. I felt like shit then, how the fuck could this happen?

Now? I am very relaxed, much more relaxed than when I was balls deep in oil in this clown market (I sold MRO and Shell with profit) or even worse if I would be in the tech sector. It will all work out in the end and we might not get incredibly wealthy of it, this was still a good way to learn how to have diamond hands and do proper research. the conference call of DHT was also good shit to experience.

>>18954776
Those divies will offset out losses anon. I also just started and felt like you. I have a good feeling we will make it.

>>18954493
kektango

>>18954630
>spot rates could hit 250k+

>>18954776
My feelings exactly. I bought DHT at a higher price point a while ago, same with FRO, and I was getting frustrated with the red too. Decided to go in and buy more to lower my avg share price and now both are almost back up to my average. Feels good, we’re gonna make. Just gotta be patient

There's something legitimately strange about the anti-shills.

>>18954776
>>18954958

I'm way more relaxed after we're recovering from the selloff days. But hold on tight Goldman's gonna try to shake us out next week as it's their last opportunity before ex-divvy, potential oil storage blowouts, options expiries. Next week might be rough. Afterwards I'm laughing.

>>18955009
I was planning on buying more today but now I think I'll wait until next week then for another dip.

>>18953781
>>18953801
Well. This is based and even more vindication for us. What about FRO?

>>18953949
Yes. Yes we will. And there is nothing you can do to stop us.

>>18954493
>The Big Port
Hearty kek, going to use that now.

>>18955009
The sheer amount of FUD'ing is truly uncanny, I have never seen this level for any stock or sector on here. I think we might of unironically hit the big one.

>>18955009
they got the same poor intern coming here every single morning trying different tactics

>>18955042
the oil drop could happen at literally any time, but the timer starts running super fast Monday morning

>>18955061
>I think we might of unironically hit the big one.
These oil threads over the last few months reminds me of the best of 2017 /biz/.

Max comfy

>>18955061
it's goldman sachs sending their interns here for FRO

>>18955071
So you don't recommend waiting for dips next week?

if we're wrong on this
we're in some pretty powerful company

>>18955042
>>18955136


I'd average into the position. Nothing is ever certain and storage news could fuck you over.

>>18955140
They can't shake us out now. We know their game. Dog cock faggot is gone. The game is up and they know it

they've been in NAT for a while and had dipped down in july '19 so this was them re-upping

>>18955140
>>18955124
where are you pulling this from?

>Top 10 Portfolio Allocations
>98.92% - Frontline Ltd
Either I'm going to be fucking rich or dirt poor by the end of this. Currently 25% down and I'm FUCKING HOLDING.

YOU HEAR ME YOU FUCKERS

I'M NOT FUCKING SELLING

>>18955236
https://fintel.io/sob/mh/dht

>>18955245
I just sold some TQQQ which made me a lot of money already and was only going to trend up in order to get in on tankers. I am riding the waves with you all now so I hope I don't get fucked.

>>18955284
the list of sellers is MUCH shorter than the list of buyers

this is buyers from april 1 til now

>>18955101
Extreme comfort. And fun. And soon....max fun a coming as we plunder all Goldman Sach's and Fidelity's booty.

>>18955124
>>18955140
>>18955220
Ah yes, the 3 tankers I own. And this to boot >>18955344

Now that feels good. They can only wait so long until they seek to profit, and I will be right there beside them with my anime bodypillow and tendies.

>>18955314
God speed anon. I'm holding 2k of FRO and I've never been so fucking certain of gains

>>18955356
the only ones getting off this bus are retail

>>18955403
*2k shares, not 2k value. Went balls deep

Hold on tight and buy the bottom.

>>18955423
Waiting for a dip to buy some FRO. Maybe next week or later today.

Thoughts on GSL? Currently I'm mostly going with DHT and EURN so I am somewhat hedged against vola through the delicious dividends.

>>18955403
>>18955423
I wish I could afford that. Godspeed anon, I just have 500 in FRO. 500 in DHT too, and 500 in NAT. We are going to make it. All these images of huge groups buying the shit out of these stocks is the biggest "oh god, we are going to the moon" I have seen in forever. And retail HATES these stocks more than ever, there is nothing but pure hatred and dismissal from everyone about tankers. This is going to be amazing.

>>18955410
Exactly. Dummies.

>>18955468
>April 24th
Almost another 100% increase, dear god. They are going in hard af.

Not a tankie but i hope for the best for you guys. People seem to not understand just how strong the maritime industry is.
T. one who works in maritime industries.

>>18955521
the more i research, the stronger my hands get

>>18955545
based, thanks maritimebro

>>18955545
Honestly I kind of wish I did work in the maritime industry. The fact you are there means you are an even bigger tankie than any of us and have our respect, you sir are based af. I am proud to potentially help fuel your paycheck, thank you for your wishes and I hope for smooth sailing and clear skies for you, matey!

>>18955565
Same, but you are fantastic at digging. I am reaching the point of exuberation now, it is a shame I am out of powder.

Take a look at this shit.

>>18955621
Oh no, i don't work with tankers. The closest i've been is ISPS guard for an oil cable ship. I myself is a salmon farmer.

>>18955124

Average buy price of 12.86$ per share

damn they're getting JUSTED right now. how could they miscalculate?

>>18955521
>April 24th
that's just the report date. you can see the effective date down below
effective dates we're seeing are all March 31st at the latest.
last month hasn't been reported yet (should be in a week... i think?) but you can bet these guys don't just hop on and off in a month

>>18955716
That is very cool - I hold stocks in a Norwegian salmon farming company, they're based as fuck. You do you bro.

>>18955521
>And retail HATES these stocks more than ever, there is nothing but pure hatred and dismissal from everyone about tankers.
reminds me of this scene from the big short:
https://www.youtube.com/watch?v=GMMfiX9_peg
This how I felt about getting squeezed on my long position

>>18955344
buying which tanker? the pic doesnt say

>>18955781
i think that one is DHT

>>18955756
Funny since that's who and where i am from. Marine Harvest? Norwegian Royal Salmon? Lerøy? These 3 are the big boys and always make great profits. I'm working for Marine Harvest myself.
In norway, we are generally getting an attitude that seafood, especially salmon will be our "next" oil.

>>18955748
they bought Dec 31
you think they miscalculated?

>>18955220
13F forms are not entirely accurate though. I wouldn't put too much stock in them.
https://www.investopedia.com/terms/f/form-13f.asp

>>18955856
unless they're trying to bait retail INTO tankers, i don't see why these filings would be inaccurate to a concerning degree

>>18955856
and if they're trying to bait retail into tankers, they're doing a pretty shitty job of it, considering there's a whole... like... 15 of us who actually believe in this shit

>>18955635
Jeez. Those stock prices lagging, absolutely crushing earnings and revenues. Almost feel bad that I don't have EURN, but oh well. FRO and NAT haven't released yet, can't wait to see them.

>>18955716
Salmon farming sounds comfy af. Is it? I might look into the businesses. I might just buy a share or so for support.

>>18955749
Ah. Well, by the time they report it can be too late. The perfect strategy.

>>18955774
This is beautiful, kek, It is about right too with what is happening. And a good lesson.

>>18955919
The filings are back in February though. They could have just bought in early, and sold some back in late April.

>>18956035
here's an interesting one for FRO
i don't dig through this stuff often so i don't know how unusual it is to see these kinds of percentages in one concentrated sector

>>18955818
Wow! Yeah i'm holding Mowi/Marine Harvest, what are they like to work for? They seem like a very good employer.

It's interesting, in Scotland we have similar access to similar resources but we don't seem to be able to utilise it in the same way you guys do. I'd like to visit Norway when this all blows over.

>>18956049
none of these have a history of hopping on and off
most of these have no other significant movement over the past year

>>18956064
>1000%
I can tell you with complete ignorance that despite said ignorance that this is not normal. Not. Normal. That is insanity, and boding very well for FRO considering it is not much higher now than when they would of bought it. If they liked FRO that much at the very start of the oil supply issues at this price....I can only imagine how much they must love it at the same price during the worst crisis ever for oil as it is still developing.

why would i invest in tankers when theyre going to go back to equilibrium after the economy gets going again theyre going to lose business from now going forward

if i buy USO im banking on oil raising as the economy comes back

???????

why is this tanker general and not USO general

>>18956035
Fish farming is pretty cool, it's pretty much the only way to ensure sustainable long term supply to fish while protecting the oceans.

>>18956178
Because if you invest now when its at an all time low, and it returns to what it used to be you are still doubling your investment???

>>18956178
you working overtime for free, brandon?
gotta convert that intern position to full-time status!

>>18956178
I have long term investments in stuff like NAIL and OXY. Holding tankers could lead to a massive gain, then you sell or hold as the situation develops and it segues into oil profits as the economy opens back up. Might but some OXY, or HAL if it dips because I missed out the first time.

>>18956192
give me a example of an oil tanker stock

basically what i thought was that tankers are being payed enormous fees RIGHT NOW because theyre just parked at sea and will lose business when the economy opens

let me see a stock

>>18952349
I'm gonna give it the old "wait and see"

>>18956035
It's very comfy. You work 2 weeks, and have one week off, or can do 3 weeks, 2 off, and you'll still make more than any other job that don't require 10+ years education.
>>18956068
They're very good. I've worked for Salmar before, and while work time and pay was better, the general leadership was shitty. For example, the day before new years eve in 2018, i had to (admittedly "voluntarily") pull off a 20 hour day in extreme storm. But unlike land jobs, i was well compensated and it was worth the risk.

Here, take a few look at these:
The salmon stock Marine Harvest use (which is why the international brand name changed to Mowi
https://vimeo.com/106263933

How the industry chain works
https://vimeo.com/358841561

A bit about some rural retard and why he chose to work with this
https://vimeo.com/325601091

That said, it IS a high risk job. A colleague of mine had his little finger ripped right off next to me in 5 seconds of surprise as a particular strong wave hit our broadside while we were tying ropes to the floating dock, and tolerating the norwegian sea takes time getting used to when it's stormy.

>>18956230
they're being paid enormous fees RIGHT NOW and are already chartered for ALL OF NEXT QUARTER and will be making these ridiculous fees for the REST OF THE YEAR and they are projected to INCREASE FROM HERE

STNG / FRO / DHT

https://stocknews.com/stock/DHT/dividends/

is this bullshit? how did they calculate that?

>>18956068
Actually, there is a growing industry (paid by norwegian companies) in Scotland, Canada, Chile and Ireland. (also in a very small capacity elsewhere like Japan, China and Philippines)
https://vimeo.com/223410902
So if you want to work in this, you're right at the beginning of the growth of this industry.

>>18956276
>https://stocknews.com/stock/DHT/dividends/
idk but holy fuck
if that happened i would see about $400k in profit
so... i'm gonna go ahead and forget that you posted that

>>18956276
GOD DAMN IT DHT I KNOW YOU'RE GOING TO 50 DO SOMETHING RIGHT NOW NIGGER FUCK ME IN THE 5/15 CALLS GODDAMN IT

I'm not really that mad, just mad that the money I set aside to play the short game on earnings looks like it was lost when it could have been used to just buy stock. Lessons learned again.

>>18956270
chartered for all of next quarter but they wont be docked and recieiving large fees anymore if the economy is moving regularly

that first stock can double only to ATH
second stock can less than double to ATH
that second stock can only go down from here lol

>>18956372
Ok.
Enjoy your USO

>>18956178
You're funny. Read about how the worst is yet to come and oil tankers have secured and will continue to secure contracts lasting for months ahead of time while completely eliminating all debt and leverage. Avataring 3D sucks so not gonna spoonfeed you, just look at all the information posted across threads or don't.

>>18956182
I like the idea, just unsure about the business. I very much enjoy the idea as I am actually a bit of an environmentalist....saying as someone who loves investing in and learning/talking about the oil business. Ignore that discrepancy.

>>18956239
Holy shit, it is actually that comfy?! I don't care if it is high risk, now that is my kind of schedule. Working all the time sucks, but when I work I don't mind going all in with effort for it so if the pay rewards it then that is fabulous. Just sounds like they are smart and avoiding burnout. Know it was for other anon, but thanks for the links.

>>18956270
So close, just no STNG. Hope my NAT proves to be seaworthy like the other tankers so I don't feel bad.

>>18956276
Mother of God. We are actually going to fucking make it, THIS IS THE BIG ONE AND EVERYONE ELSE IS TOO SCARED.

>>18956398
are you the same guy who was getting salty when I told you they would cut oil production to match consumption?

>>18956422
how is that going to happen when everyone knows the economy is coming back and the stores and stuff are already beginning to open?

and trump said it himself theyre working on opening up

why are you banking on the oil tankers being parked there into the far future? i expect it to be normal by the end of the month

>>18956355
Yeah same, I'm losing over 3k on May 15 calls... hurts man. I have a couple longer term calls that are safe to benefit from this, but I doubt they will make enough profit to offset what I lost. Best I can hope for is break even now sadly.

>>18956431
don't remember talking to anybody about that
but look up what iraq (the #2 world producer) is doing, as well as what is happening in texas, as well as the fact that shale producers are starting back up because of $25 oil

>>18956239
>>18956322
That is incredibly interesting Anon, great videos, and you've given me plenty to think about. You've also convinced me to double down on Mowi when I next get the chance!

>>18956422
>saying as someone who loves investing in and learning/talking about the oil business
It all balances out, Anon. It's not going to spike up and down like oil (making you a lot of money in the process), but sustainable fish farming is unironically the future in the same way a lot of big tech is, just without the memetry. Maybe we should start a maritime general once this is all over, would be hella comfy.

>>18956479
Oh, I was talking to someone about the ability to shut-in wells.
But yeah, people underestimate how low shale can operate at, they have done a pretty good job at bringing the cost down. I still hear people saying shale needs $40 oil to operate and it makes me laugh.
pic somewhat related, although obviously outdated

>>18956239
This is so fuckin based. I live in BC Canada, Salmon are the coolest fish. Literally saying FUCK YOU to the river and swimming and fucking JUMPING against it. How do I get into the industry? I'm a tradesman usually.

>>18956276
The stock target price is bullshit, since they assume that the dividend should be a much smaller percentage of the stock. At most I see a stock price of 10 looking at 2016 stock prices under similar conditions

>>18956422
Naturally. You can't just fuck off for the weekend lest the poor fish starves. Marine Harvest at least has a strick "if a worker can't work that day, then he can't work that day", and never have i felt pushed to say yes for extra work (again, compensated well, for example, a sunday night job on your time off will give you 400% overtime if you agree)
That said, while one would think you mainly deal with raising fishes, i had a lot of strange experiences. For instance this picture. We found an abandoned ship drifting, no registered call sign, no sign of any crew ever having lived on this ship yet it was full of cargo. No reports of any company missing a cargo deliverance either. But obviously we had to tow it to the docks. Shit like that will puzzle you unto the grave.

>>18956601
>under similar conditions
you sure about that part? lol

>>18956563
It's just that a lot of these newer smaller shale companies have hugeee debt, so if saudi-russia continued this for over 3 months we'd see a lot of bankruptcies. Thats a useful chart, thank u anon

>The dividend discount model (DDM) is a method of valuing a company's stock price based on the theory that its stock is worth the sum of all of its future dividend payments, discounted back to their present value. In other words, it is used to value stocks based on the net present value of the future dividends.

As they likely won't continue with those dividends beyond this year, it's unlikely we see this price. >>18956601

>>18956447
To entertain you only lightly, because of the simple fact that oil demand will be lower. In opened areas, traffic is still well below normal. Social distancing is fundamentally changing many businesses, making experiencing them less pleasurable and profitable and lowering capacity. The economy opening back up doesn't mean much because social distancing and general fear is holding people back by regulation and now fear of lawsuits. Combine this with the death of certain businesses and transition of some work to home services also lowers demand for oil. Furthermore the oil crisis started prior to corona and lockdowns, this and the oil war has only accelerated what was a "normal" level of crisis to cataclysmic levels. Even IF demand returned to normal for oil, then production would have to lower so demand overtakes supply. Unfortunately for oil, production cuts are not fully working, many are being ignored, the rates of shutting down operations are overall not lowering as expected and those who are complying are trying to do a bit more as they can meaning they are basically fearing for their lives. Trump can tweet about oil and demand all he wants, but oil usage is not something he can alter, only speculative price through sentiment. And when futures rollover, sentiment disappears and you are only left with actual revealed price. Which we saw April perform. Furthermore, due to all supply issues even IF demand overtook supply in the coming months we would still have such a monster backlog that oil prices will remain volatile and low enough for years which makes tankers extraordinary (recently consensus seems to be don't expect recovery for oil to "return to normal" until 2022 at earliest).

Even if oil tankers transport and don't park full time after we start seeing improvement, the backlog of supply ensures tons of transportation and holding as the market continually adjusts itself. Tankers will thrive.

>>18956447
1/10

>>18956585
I never finished highschool even (our equalence past the mandatory 10 years) and never been in a boat before. Now i can control cranes and drive medium ships (as well as do maintenance on them) in challenging waters without issue since when i started in the industry, it was still "learning on the job" and non-regulated. I know that 80% of jobs now require a certain high school path, as well as certifications to use cranes, ships etc. But Norway is on the forefront of this compared to salmon industries elsewhere so i'm sure you can find a "learning on the job" job, seeing as nobody but Norway has really focused on this industry.
Simply find the local sea farms and apply to them i guess? Never thought i'd get a job at sea either but here i am 5 years later before regulations here changed.

>>18956642
Yes. Do your fucking research on the oil glut back in 2016. The stock hit a max of around 8ish before cratering down to 4ish. I'd say 10 because this one is worse than back what happened in 2016, and I'll sell off 2/3 of my stock if it hits 10 and write covered calls on the other.

>>18956829
do your fucking research on what's happening outside your bedroom

>>18956562
I like this idea about a maritime general. I am interested in the industry, and noting these things for once I cash in on tankers. Since I am powder dry right now. I don't need things to spike, comfy growth is great. My worry about the future is whether the tech is there to allow it to be profitable or not, I have no doubt it is a better way and will be the future, just when will advancement make it profitable enough and expansive enough. Of course getting in early...is a good thing too, kek.

>>18956605
That overtime, wowzers. But that is an interesting find, you guys got some adventures. Ghost ships are a thing, my dad used to be in the navy and mentioned there were quite a few times of these occurrences, ships of all sizes, even as large as full oil tankers, with simply no one on them drifting about. Shit is actually spooky mate, watch yourself. But your deal with work is fantastic, screw wage slaving when you can take care of fishies and actually be rewarded for effort.

>>18956563
Latest official data by big US producers said $35 was their break-even, so it's not far off from $40.

so OSG gave up almost all it's gains on the day.

was up +12% now its back down to just +2%

>>18957122
OSG doesn't pay a dividend
that seems to be the differentiator here

>>18957059
ok anon

full storage is full storage

https://www.livemint.com/news/india/strategic-oil-storage-to-be-full-by-mid-may-dharmendra-pradhan-11588958288227.html

>>18956447
In case you're actually not a goldman shill.

Don't believe the news that tells you the economy just opens up. We're in a bad spot right now and a ton of small businesses are going to shut down. A LOT of jobs are going to be gone. And this IS NOT THE END OF THE RECESSION. Even if we retrace 100% and head for ATH we're still fucked sometime later this year. This isn't recovery, this is a fucking melt-up. You don't go through recession in 4 months retard. And if you think we're only going through recession cause of covid you're fucked. because we never truly re-balanced after 08;

we kicked the can down the road to 2020 by: inflating the largest corporate debt bubble ever, debt which they used to buyback stocks. Here's a fun stat. On March 2020, 1/6 of ALL publically traded US companies did not profit enough to cover the INTEREST on their debt. They survived due to ATL interest rate environments effectively zombiefying the economy. The only AAA firms in January are MSFT and JJ. Trump's tax cuts meant to stimulate the economy just lead to more share buybacks, inflating the shit out of the index. (Buybacks ATH in 2019; money all used to pad CEO pockets but not to pay down debt, or do MnA or RnD, or put in the war chest for RECESSION)

This inflated the equity bubble, which was already overinflated due to Boomer pensions and the passive investing phenomenon. Speaking of Boomers, they're all retiring within the next few years, so their spending is all winding down, while the next generations are BROKE. Millenials have no money, and a HUGE portion of them are stuck in another fucking bubble; The student Debt bubble. There's no money in the economy, and the FED's recent actions have distributed even MORE wealth to the top echelons of the economy; By allowing them access to the free money first, the Cantilon effect allows them to spend the extra money before inflation hits; Inflation, AKA devalueing of everybody's savings/wages. There's NO MONEY 1/2

this was posted 3 days before oil went negative

https://www.reuters.com/article/us-oil-prices-kemp-column/us-crude-oil-storage-is-filling-rapidly-kemp-idUSKBN21Z28G

>>18957293
unless they find a way to use all the oil that piled up between then and now... how would it be possible for oil to NOT go negative again

Spectating /tsg/
Hope you guys make it.

>>18957328
Thank you anon.

here's something else i don't know how i just realize this second
this will be the THIRD month this shit has happened
first spike is march 18
second spike is april 21

>>18957424
I'm buying the fuck out of $SCO on monday. Shit's going for a ride.

>>18957289
And then there;s the problem of Pensions in the US, which are a PONZI SCHEME. The money being paid is going directly to the largest wave of retirees ever. There is no fund. It's bankrupt, and won't be there by the time you retire. It takes an avg. 50000 USD per person per year to support it; 50% of boomers have no savings, and are living off your money that couldve been spent in the economy. Their lifespans are also getting longer, so you're on the hook for more years, their 401Ks got raped in 08 so they probably didn't invest back in as much as they should've, (and got raped in 2020 too). check out pic.

All this is JUST KICKING OFF. Your economy isn't going to look good anons. To loop this back to oil; Trump can't and has said he won't let oil fail, but oil needs to pump at 60% capacity to not damage the wells or cap the wells which would bankrupt many companies. So, our economy is shit, Covid magnified this, less and less spending everyday in the micro and macro, oil is going to get bailed out one way or the other, oil will keep pumping, tankers in the short and medium term gonna have a lot of business as economy will not recover like you predict. And tankers benefit from low price fuel too. 2/2

>>18957424
>>18957623
Wow, good find. Time to buy if it dips Monday.

I just received my Trumpbux and want to start buying some stocks. Should I use it to go all in on Tankers?

>>18957680
what about UCO puts?

>>18957737
as long as you don't need that money to... eat or live

/HAL/OOOOOOOOOOOO
guys

>>18957815
nice! what's your position?

EURN having a good day, argh wish I had some! Ah well. Just gotta hope NAT is least half as comparable. Since I got it for half the price....got to do at least half as well in future performance.

>>18957289
>>18957642
Fuck me. We are screwed, I actually need this then just to survive. Nice rant, good signs for us, bad signs for the world.

>>18957424
Very nice find. Might do a small margin play on it, that is solid.

>>18957737
Yes. 100%. All in on tankers, you will come out much wealthier down the line.

>>18957642
>>18957289
nice posts anon.

>the problem of Pensions in the US
I have a weird feeling they're going to get cut/capped in the coming years.

>>18957808
I need to pay off my student loans and am hoping to make a small profit by the end of May or early June.

NAT is the only tanker down atm. This fricken shitcoin of a tanker, come on now, work for me! It is too late to sell you to get EURN or STNG, so work for me dammit! Catch up to DHT and FRO!

>>18957642
It's all good, we just need another world war and it'll all be sorted. If Israel gets into some shit we'll be fine.

>>18957965
>we just need another world war and it'll all be sorted
>kill young people
>have even fewer tax payers
lol

>>18957957
not too late to hop on DHT

not a bad looking graph at this point
let's see what the weekend does to it, though

>Wuhan data suggesting traffic on weekends not returning to normal levels on non-working days yet despite being the earliest to end lockdowns. At the very least another month of reduced gasoline use.

>>18958031
I am on DHT. I got 500 FRO, DHT, and NAT. NAT is weighing me down today while FRO and DHT go up.

>>18958073
beautiful.

Just thought I'd make an appreciation post, I've been sweating bullets for the past 3 days but if we continue to ease up on radical volatility I'm very optimistic. I feel like the breakout is going to occur sooner rather then later. Our time will come anons.

>>18958073
wrong pic, also a month is enough time to make some fuckin gains on these tankers.

i'm holding all my tankers and have limit buys set up if they drop more, but i caved and bought some silver just in case. plus it matches my pistol

my growing concern is what happens if retail NEVER figures out that tankers are where they need to go
i suppose the dividends are there, but shit i'll be gutted if we never get our moon

>>18958018
>kill young people
>have even fewer tax payers
Mostly young men will die in war. We're already working on normalizing single motherhood with multiple baby daddies.

>>18958314
Evidence shows that institutional money is flooding into tankers, it's only a matter of time before other people follow

>>18958314
>>18958383
I've just noticed which anon i'm replying to - YOUR evidence shows, lmao. Have faith.

>>18958314
A 30-40% return is good enough. Shit is not going to moon to 100%. If all else fails, write covered calls slightly OOM each month.

>>18958350
what.jpg

>>18958383
well then may we wake up monday to the biggest gap up in history

>>18958405
heh. i know. but that info has been out there for a while now. people just seem to be fixated on oil itself. the furthest away they seem to be looking is MRO and HAL

>>18958430
Fingers and toes shall remain crossed. Perhaps worth bearing in mind a great deal of people don't research industries like we've been doing in these threads; a lot just bet on lines. I'm confident all of us will be breaking even/green next week, before shit starts to get really real.

lmao boomers and their cushy banking jobs have literally contributed nothing to the economy. fuck boomers.

so should i have made an e*trade or whatever account a million years ago?

NNA released their earnings wednesday. .30 in dividends with the stock currently at $5.28. Praise Poseidon.

>>18958018
>>18958350
>implying it will be American young people dying
That's why I said world war. Not US war.

>>18958603
CRUSHED earnings and immediately tanked
looks familiar
interesting
look who i found

>>18958645
so the solution is... even cheaper imports and labor? A free ride from financing torn up countries? I'm pretty lost. I don't understand this post WW dynamic. can you give me a quick rundown as to how this solves the state and federal pension crisis?

>>18958696
I originally stayed away from navios because I'm retarded and could figure out the difference between NM, NNA, and NMM but it's
>NNA oil tankers
>NM bulkers
>NMM containers
Just incase anybody here is retarded like me.

thousands of high DHT calls for 6/19 appear to have been simultaneously taken off the market

>>18958720
American companies export weapons and resources to warring nations that need resources, and while meanwhile being relatively safe because it is protected by the Atlantic and Pacific oceans so our day to day lives can continue in comparative peace. How do you think we got superpower status in the first place?

>>18959021
all other dates still have them available but 6/19 has been wiped out

>>18958599
If you wanted to trade stocks, yes. Except not e*trade, which is shit.

>>18959021
what does this mean?

>>18959140
not a clue
they didn't get purchased. there are still a handful available
all other dates you've got a few hundred of each available, but on 6/19 there's nothing and there were hundreds of each as recently as an hour or so ago

>>18959140
it means DHT is going to dump like it always does to the mid 5's

>>18959021
lmfao. I love how everyone "knows" that is into high levels of trading about what is going to take place, yet I just tried to have a casual conversation to tankerpill some boomer investors and they went full blown hysterical about how horrible tankers are right now and how much of an idiot I am.

These hedgies did a phenomenal job scaring off the retailers, we are probably some of the few retailers left still in here while we just watch them make their moves preparing for the big port.

>>18959129
oh okay.
can i just call the oil tanker captain and have him mail me some shares in the tanker?

>>18959163
you gave up your smoke break to put in a few extra minutes worth of work, eh brandon?

>>18959166
They're right though.

>>18959163
If that were the case they would remain on the market as they're guaranteed to expire worthless which is fantastic for the seller.

>>18959184
Why the name brandon out of curiosity? Is it some projection of your doppelganger personality onto me?

>>18959166
I can't wait to collect my tanker millions.
Then I will be able to actually buy a boat.

>>18959213
no. but you just confirmed that i've been correctly addressing the same exact person for the past 3 threads

ALL green for my Tankies today. Feels good man.

STNG went red but I sold the top and bought the dip. MM getting too obvious these days kek. Thanks for the money.

>>18959163
that makes no sense. you don't understand how options work

>>18959182
If it's a private company, yes. If it's public, this might be possible but I'm not sure how the law works there. Also neither scenarios are likely unless you're buying big. Much simpler to just open an account and transfer funds.

>>18959227
lel this is the only tanker thread ive been in today and this is the second time you've called me brandon

You likely have a mental illness, please seek help.

All fixed OP
>>18959311
>>18959311
>>18959311
Digits confirmed

>>18959185
Cute little shill is cute. I hope personally outside of your shilling here that you yourself loaded up on tankers.

>>18959224
I wish I could receive millions, but my poorfag 10k rounding worth of investments into this won't make it probably. 500 FRO, 500 DHT, 500 NAT. I got a chance at huge profits, and with super luck perhaps I can take them during a time where the economy is breaking into new lows and then the recovery gives me millions.

>>18959242
NAT is down 3%. makes me sad. Only tanker that didn't do well on my books. Still green today by a good bit. Good on you for profiting from rebuy.

>>18959352
>shill
i dont think you know what that means, I'm not asking you to buy anything im trying to save you money from a stagnant and receding sector while getting laughs at your expense as you irrationally defend them

>>18959402
Again, whether it is your job or hobby, once it is put aside I hope you got yourself some shares to help you out in life. Also you can shill for people to not do things, it is still shilling.

>>18959463
now who's being the shill? you cant go one post without the sales pitch

>>18959402
keep dishing out arguments, seeing the refutations makes my bags bigger and hands stronger. I have stopped seeing tankers as a very high risk play at this point.

>>18951342
I put $800 into SHIP about three weeks ago based on the advice of an anon in a 2 post thread.

Am I gonna make it?

>>18959163
Brainlet

>>18959402
what is your realistic brent price, it pumped to fast, do you expect it to drop 18th or continue pumping ?

>>18960214
I think it will stabilize and wont dump like people think it will

>>18960244
russians are calculating basis 30 bucks for 2020, i do expect a dump to be honest, around 25 bucks maybe, but thats where i pick up my longs again, currently looking to catch a good short

>>18959249
thanks. i dont have any stock trading accounts, and am more just interesting in watching this pan out. best of luck, dudes.