/tsg/ Tanker Stock General

[Anonymous No.18929459]

I have nothing left to lose edition

>Highlighted news/post
>>18909178

>Education
https://www.investopedia.com/articles/investing/012316/crude-tankers-business-transporting-oil.asp
https://lawexplores.com/the-tanker-market-current-structure-and-economic-analysis/
https://blogs.worldbank.org/developmenttalk/what-triggered-oil-price-plunge-2014-2016-and-why-it-failed-deliver-economic-impetus-eight-charts
https://www.eia.gov/outlooks/steo/report/global_oil.php (look at that V, lol)
https://www.youtube.com/watch?v=oWuyrlXI7nA

>Maritime/tanker/oil news
https://www.rystadenergy.com/newsevents/
https://lloydslist.maritimeintelligence.informa.com/
https://www.tradewindsnews.com/tankers/
https://www.marinevesseltraffic.com/2013/02/tanker-track.html
https://www.freightwaves.com/american-shipper
https://www.rigzone.com/

>Oil futures
https://www.investing.com/commodities/

>Companies (not exhaustive or recommendations, but now alphabetically organized)
https://www.dhtankers.com/
https://www.euronav.com/
https://www.frontline.bm/
https://www.nat.bm/
https://www.scorpiotankers.com
https://www.sflcorp.com/
https://www.teekay.com/business/tankers/
https://www.tenn.gr/


>Past earnings reports (also alphabetical)
ASC: Estimated EPS $0.14, actual $0.20 (best on record).
DHT: Estimated EPS $0.54, actual is a basic of $0.49 (increased divvy to $0.35).
EURN: Estimated EPS $0.86, actual $1.05 (dividend of $1.10)
INSW: Estimated EPS $1.45, actual $1.49
STNG: Estimated EPS $0.49, actual $0.82.

> Earnings report(s) expected today
None that I know of, if I’m wrong, enlighten me.

> Upcoming earnings reports calendar (arranged by date)
OSG tomorrow, premarlet
FRO on 5/14, pre-market
NAT on 5/18, time not specified
TNK on 5/21, pre-market
SFL on 6/2, time not specified
TNP on 6/4, pre-market

>Another important date
May 19th, 2020 (you know why)

Previous thread:
>>18911950
(Some anon’s thread, they got the format right, good on ya)

[Anonymous No.18929514]

>>18929459
First for FUCK GOLDMAN SACHS

[Anonymous No.18929523]

[Anonymous No.18929550]

>>18929514
i think who we're dealing with is fidelity

[Anonymous No.18929559]

CURSE YOU GOLDMAN!

[Anonymous No.18929558]

whats the ex-divvy date for DHT? how long we gotta hold these bags to get the divvy?

also whats the ex-divvy dates for FRO and EURN?

[Anonymous No.18929574]

REFR EARNINGS TODAY

BUY THE CHEAPIEE

http://www.timesofisrael.com/smart-glass-startup-gauzy-gets-funds-from-hyundai-motor-to-expand-product-reach/

https://www.globenewswire.com/news-release/2020/04/23/2021035/0/en/Research-Frontiers-SPD-SmartGlass-Licensee-and-Strategic-Investor-Gauzy-Ltd-secures-the-Series-C-investment-from-Hyundai-Motor-Company-Blue-Red-Partners-VC-Singapore-and-Avery-Denn.html

https://flashalert.me/?symbol=REFR&source=PR&referer=https://stocktwits.com/&url=http://www.globenewswire.com/news-release/2020/05/04/2027007/0/en/RESEARCH-FRONTIERS-TO-HOST-FIRST-QUARTER-2020-CONFERENCE-CALL.html&s3=REFR/2020-05-04/16-01-39_000000/glob/42a33cf24faacc508e240201d5ecc9f6/RESEARCH-FRONTIERS-TO-HOST-FIRST-QUARTER-2020-CONFERENCE-CALL.html

[Anonymous No.18929586]

>>18929558
Robinhood redditors like you are the reason why it crashes so much

[Anonymous No.18929602]

>>18929459
THREADLY REMINDER
>FROM MY COLD, DEAD HANDS

[Anonymous No.18929617]

DHT actually up, but will it crab for ages or actually climb?

[Anonymous No.18929624]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOO

I AM GOING GREEN!!!!! FUCK YOU GOLDMAN!

[Anonymous No.18929627]

Im currently all in on $SLB x5 leveraged, want to wait at least 1 year, can it go to 14.50? or should i get out and do a x2 with a safer 12.0

[Anonymous No.18929632]

>>18929617
if it climbs it's bait to get us to break even

[Anonymous No.18929665]

>>18929624
I'm still down over 2 grand because goldman wants to play elevatoe simulator on DHT.

[Anonymous No.18929708]

[Anonymous No.18929714]

YOU GET PAID TO DO LIMIT BUYS
THE GUY WONT EVEN EXECUTE IT UNLESS IT DROPS BELOW 17.86

[Anonymous No.18929752]

STAND FAST BRETHREN - THERE BE MONSTERS ROAMING THESE WATERS

[Anonymous No.18929786]

this is a fake pump my dudes. called this in the last thread

[Anonymous No.18929823]

>>18929617
It will eventually climb, foot friend. But if by ages you mean 1,2,3, 4 days....perhaps. But longer? Not a chance. Because rollover contracts.

>>18929665
Don't worry, I am over 1.3k down still. I was going to buy more at end of the day rather than now since the trend has been if it is dumping then it is at its lowest at close, but if it goes up I will stay my hand. In case if it dumps tomorrow.

[Anonymous No.18929826]

Holy shit is this true???

>>18929636

[Anonymous No.18929855]

>>18929826
No. No source I can find. Also if it were true then the stock would of tanked by now.

[Anonymous No.18929858]

>>18929826
this is the internet, so it must be

[Anonymous No.18929891]

why would DHT have possibly mooned right there if NOT to try to get people to cash out

[Anonymous No.18929932]

>>18929826
Yes. Also FRO found Victorian relics worth approximately one TRILLION dollars. BUY BUY BUY!

[Anonymous No.18929972]

>>18929932
Yeah but fro apparently just had a tanker crash

>>18928823

[Anonymous No.18929989]

>>18929972
That's how they found the relics.

[Anonymous No.18930006]

>>18929891
I just sold the 200 shares i bought at 6.3
I'll buy more once it dips again

[Anonymous No.18930021]

>>18930006
i would follow if not for elizabeth warren

[Anonymous No.18930030]

Who /shorttankers/ here? Fuck y'all dumbass bulls

[Anonymous No.18930077]

[Anonymous No.18930083]

Is anyone buying Japanese auto-motive stock? Some of them are incredibly cheap right now.

[Anonymous No.18930103]

[Anonymous No.18930106]

>>18930077
Those faggots got too cocky

[Anonymous No.18930185]

You're delusional if you think tanker stocks are going to moon. They have temporarily higher earnings that are going to plummet once demand for oil returns. Enjoy your 5% annualized dividend yield. That's all you're going to get.

[Anonymous No.18930230]

>>18930185
we know that retard, that's why we're all swing trading them and holding for divvies. by Q3 we're all probably out of these positions

[Anonymous No.18930231]

>>18930185
Try 15 to 20 percent

[Anonymous No.18930292]

>>18930230
>q3
>out of these positions
Wrong general, kid, we are in this for the long haul.

[Anonymous No.18930339]

>>18930230
>>18930292
This thread is to coordinate a take over of the tanker industry.
We're the captains now.

[Anonymous No.18930338]

>>18930292
if you want divvies, sure, but most people agree that tankers are not good long term investments

[Anonymous No.18930341]

it's pathetic that now i have to watch twitter to see if donald trump is going to fuck this up

[Anonymous No.18930363]

Welp, I put my last 2 grand into STNG and TNP, this poorfags got 11k on the line now, its all or nothing now.

Hold me /biz/...

[Anonymous No.18930374]

>>18930185
>They have temporarily higher earnings that are going to plummet once demand for oil returns.
Actually.
They will not plummet. They will go to normal and it will take time because even after demand goes back to normal, there are lots of Oil stored away from where it is needed.
So shipping will be in high demand for the shipping instead of the floating storage.

[Anonymous No.18930389]

>>18930341
He wants the economy reopened. We are all fighting Trump now

[Anonymous No.18930394]

>>18930339
>>18930292
HOIST THE FLAG AND STOW THE BARRELS -WE SAIL FOR FAIRER SEAS

[Anonymous No.18930412]

>>18930389
he's specifically manipulated oil several times

[Anonymous No.18930417]

>>18930077
>>18930103
T-that news! Oh that news! Oh baby yes, we are going to win! We are going to win! We are going to win!

>>18930363
You made the right decision. I wish I perhaps bought STNG and TNP too, but I just got DHT, FRO, and NAT. We are all gonna make it, pretty sure like 90% of us here are poorfags. Let's go.

>>18930394
AYE AYE CAP'N!

[Anonymous No.18930436]

>>18930417
>T-that news! Oh that news! Oh baby yes, we are going to win! We are going to win! We are going to win!
i'm mostly looking for reasons the market would be acting the way it is today
very few people are on /biz/

[Anonymous No.18930473]

>>18930394
AYE AYE CAP'N

[Anonymous No.18930508]

https://oilprice.com/Latest-Energy-News/World-News/OPECs-Second-Largest-Oil-Producer-Isnt-Complying-With-Output-Cuts.html

[Anonymous No.18930526]

>>18930508
Fuck yes. YES

[Anonymous No.18930528]

https://www.npr.org/2020/05/05/850105225/texas-was-the-model-for-opec-but-its-not-likely-to-limit-oil-production-now

[Anonymous No.18930577]

REMEMBER LADS, WITH EVERY TROUGH, THERE BE A CREST OF THE WAVES.

[Anonymous No.18930647]

Just opened an order for dht calls

[Anonymous No.18930709]

>>18930647
i just lowered my average

[Anonymous No.18930764]

>>18930709
Break even if 14 holy shit dude, how is that possible? Was it a $1 strike price?

[Anonymous No.18930787]

>>18930709
The fuck kind of strike value do you have on those calls? At most, I would do a $9 strike for something that far out.

[Anonymous No.18930790]

>>18930647
Would marry and quit listening to her after 2 years and back to jerking off to celebs and slav massage porn

[Anonymous No.18930805]

>>18930764

[Anonymous No.18930812]

>>18930528
Interesting stuff you've posted all thread news-anon.

I think it's fairly clear the current rush on oil will come to an abrupt reversal once someone comes clean and explains that, while the supply/demand deficit is decreasing, each passing day there is a deficit more barrels require storage & the longer it will take for the scales to balance at the other end.

[Anonymous No.18930859]

>>18930508
>>18930528
Outstanding brother

[Anonymous No.18930860]

>>18930805
That makes sense, a bit ambitious though. I just bid on the 6/19 $8 calls

[Anonymous No.18930869]

>>18930812
my hope is that happens sooner than later

[Anonymous No.18930951]

>>18930860
i threw $2k into a robinhood account back mid-march so i could play around with shit and see how this all works
i was doing alright until i started fucking around with oil ETFs and i realized donald trump outright manipulates the oil market
played around with CCL options and had some success and i've decided to YOLO on this shit because it all makes too much sense
if i can turn a $2k learning account into 40-50k, i'll be pretty happy
if i lose it, i'll just keep on doing what i was doing prior to this whole experiment and i'll never touch the stock market again

[Anonymous No.18930968]

>>18930812
True, higher prices are just hastening the collapse

[Anonymous No.18931057]

>had 548 shares of DHT
>bought 2 more at 6.50 just to make it an even number
>already lost 14 cents
really want to immolate myself to be honest

[Anonymous No.18931094]

>>18930951
You would have made 40-50k just going for a strike price of 9 at an underlying of 14 if it does go up that high. 107 contracts are the same as 10700 shares once the strike price is that much in your favor.

[Anonymous No.18931134]

>>18930417
I hope for all of you guys sake the market doesn't defy your logic and dump

[Anonymous No.18931140]

>>18931094
i don't know what that means i just know this was the way i could get the most possible shares with the cash i had to put in

i didn't start out at 107 contracts i've been cashing out NAIL gains to buy dips

[Anonymous No.18931160]

>>18931134
It's already defying logic

[Anonymous No.18931308]

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

[Anonymous No.18931470]

>>18929714
explain?

[Anonymous No.18931488]

https://www.forbes.com/sites/salgilbertie/2020/04/23/will-oil-prices-go-negative-again/#bd20b147e9c1

[Anonymous No.18931510]

>>18931488
>Unfettered market forces will find the necessary oil supply and demand balance all by themselves, which means there will be much more pain in the oil patch, including negative prices at the wellhead, and perhaps, again in the futures markets as well.

[Anonymous No.18931566]

>>18931510
>>18931488

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

Related video. Skip to 18:00

tldr: USO & Bloomberg Crude Oil index need to sell their monthly positions to roll out to the next month. Somebody still needs to ACTUALLY take that delivery.

[Anonymous No.18931738]

>>18931566
pretty much exactly what everybody ITT is betting on

[Anonymous No.18931786]

>>18931566
>there's a possibility of getting to low or negative prices in june or july

[Anonymous No.18931819]

>>18931134
It's defying. but I don't care. This anon >>18931566 is dropping all the redpills needed to stay as firm as you can be in tankers for the moment.

[Anonymous No.18931928]

[Anonymous No.18931968]

>>18931928
DJT BETTER KEEP HIS FUCKING MOUTH SHUT

[Anonymous No.18931975]

>>18931566
USO isn't invested in front month futures (that is the June future now) anymore, so another roll-over meltdown won't happen this month; USO won't cause one at least.

>Under an amendment filed today, USCF has determined that the USO will invest in WTI crude oil futures contracts on NYMEX and ICE as follows: approximately 30% of its portfolio in the July contract, approximately 15% in the August contract, approximately 15% in the September contract, approximately 15% in the October contract, approximately 15% in the December contract, and approximately 10% in the June 2021 contract.

[Anonymous No.18932007]

>>18931975
>USO isn't invested in front month futures (that is the June future now) anymore
so............. who is?

[Anonymous No.18932064]

WE RED NOW

[Anonymous No.18932138]

oil in freefall
tankers flat
how?

[Anonymous No.18932211]

>>18932007
Those who actually want oil and speculators who bought futures directly. I guess some speculators are also short-selling the June contract in expectation of another dump during roll-over; who knows, this might even cause a short squeeze. Some of the price gain of the last week were probably caused by short covering.

[Anonymous No.18932235]

>>18932138
Same reason the drive at open was cut short

[Anonymous No.18932243]

>>18932211
i guess my real question is, if it goes into the negative again, who's going to pull it out?

[Anonymous No.18932252]

>>18932243
Donald Trump

[Anonymous No.18932267]

> he isn't holding any $SHIP

[Anonymous No.18932423]

I don't get the "tankers is betting against america" meme. You're just betting that there is going to be a surplus of oil for awhile. That's it. If we reopen fully tomorrow, we still have a surplus.

[Anonymous No.18932434]

>>18931566
>mid-May date for oil storage being at 100%
GUUUUHHHHHHH

[Anonymous No.18932647]

>>18932423
Americans have a habit of erroneously throwing around bullshit on the pretence of patriotism, unfortunately.

[Anonymous No.18932722]

uh oh
https://www.rystadenergy.com/globalassets/pdfs/rystad-energy_covid-19-report_6-may_2020_public-version.pdf

[Anonymous No.18932730]

If we go below 5 I am dumping my load into DHT. We ride into hell.

[Anonymous No.18932810]

Someone post the poem

[Anonymous No.18932822]

>>18932722
DHT's already 66% booked into Q3 at massively inflated rates

[Anonymous No.18932863]

>>18931819
Your willpower ain't the only thing firm

[Anonymous No.18932953]

>>18930951
Playing options on CCL right now is retarded for a noobie. Enjoy losing your $2k and never touching stocks again because you went straight to the dumbest play imaginable.

[Anonymous No.18932993]

>>18932953
i made money on the CCL options and i could've made more had i held for one more day

[Anonymous No.18933010]

>>18932722
Oilmageddon is imminent and nothing can stop it, the report admitted recover isn't increasing demand as expected which means demand won't overtake supply before it is completely capped. Report is bullish for tankers in actuality.

>>18932863
Do you have to anon! Such a thing doesn't need pointing out!

[Anonymous No.18933057]

>>18932993
>i've decided to YOLO on this shit
So you weren't referring to CCL options then. That's good.

There is no reason to play options on such volatile assets right now when you can get huge returns just swinging the stocks themselves. The only reason to do so is if you know you don't know what the hell you're doing so you're afraid you can't replicate results over multiple trades and are desperate for one huge hit. The result is always the same: a wiped account.

[Anonymous No.18933069]

fuck it im holding these tankies for life suck my dick algos

[Anonymous No.18933168]

>>18933057
>The only reason to do so is if you know you don't know what the hell you're doing so you're afraid you can't replicate results over multiple trades

it's the opposite, actually
i was swing trading NAIL and actually getting pretty good at it
like i said this one just makes too much sense to pass up and the more i research the more i put into it and i honestly think DHT as a stock is at it's bottom for the near future, so i bought up all i could

[Anonymous No.18933316]

>>18929523
kek

[Anonymous No.18933418]

GOGOG GRAVITY GO

[Anonymous No.18933436]

Ehhhh I'm sitting on slight gains from March and back to where I was in April on these tankers. It's extremely, extremely, extremely odd that we're back here after seeing these earnings reports.

>>18932722
Even if this is true and floating storage is stalling rather than gaining (which just isn't true if Scorpio execs are to be believed), why are we not crabbing around late April prices or early May? These stocks absolutely shit the bed, can't really fathom it.

[Anonymous No.18933455]

>>18933418
GOOOOO

[Anonymous No.18933474]

>>18932722
Most of tankers are still doing trade routes, obviously they aren't used for storage yet because onshore storage is still available and oil prices have spiked up so it isn't as profitable to store it in ships momentarily.

[Anonymous No.18933497]

>>18932722
Latest Rystad presented info in a really weird way. They included refineries, pipelines, and other things you never normally include as "storage" It's like including the gas tanks of cars on the road as being part of total fuel storage- while technically correct, maybe a bit disingenuous. Take a look at this EIA report.
https://www.eia.gov/petroleum/storagecapacity/table3.pdf
So if we assume net available is ~600 Mbbl, of which 527 is in use (from Rystad)... meaning that as of today, we're over 87% full. Their "forecast" has a peak of just over 550mbbl, which puts us at ~91.6% full.

Here's where things get funny, and the data isn't specific ; the net effective capacity is only something like 95% of gross total, meaning we only have 570Mbbl of "true" capacity. This is probably more like 90% when you account for maintenance and other real world losses (maybe oil anon has some better estimates?). I don't know if the EIA report takes that into account when they say "net available"
If we assume 570Mbbl, this puts us at 96% capacity. Tanks are full.
If it's closer to 90%, we only have 540Mbbl of total capacity, putting us at 101% of capacity. Tanks overfill.
This is just a very gross estimate- places like Cushing are going to run out of space faster because they're centralized, and the primary access point for WTI. It leads credence to the theory that Cushing crude inventory builds will decrease as Oilmageddon inches closer; because the tanks are already full.

This should be priced in, I'm not the only one who can run napkin math and the hedge funds have access to better data. So why are tankers getting clapped? Did greedy MM's decide to take money from retail before a run up, because they know when FOMO hits retail will buy back in?

[Anonymous No.18933500]

>>18933168
It's only two dollars off its January high. Terrible pick imo but do your thing.

[Anonymous No.18933542]

>>18933497
>Did greedy MM's decide to take money from retail before a run up, because they know when FOMO hits retail will buy back in?
Has this ever happened systemically across an entire industry before?

[Anonymous No.18933646]

>>18933497
it's all priced in for the next 100 years

[Anonymous No.18933679]

>>18933542

I'm not sure. The tanker meme is not really easy to explain to anyone, unlike weed stocks, Tesla or AMD or w/e so I'm not sure how much retail interest there really is.

On day these will just randomly be up 30%. See the day on STNG they announced they were buying call options.

[Anonymous No.18933695]

>>18933542
in what other industry at what point in time would you expect to see this kind if opportunity?
the numbers are otherworldly and they are predictable
retail WILL fomo in once it starts and the numbers are low enough at the moment that you can manipulate shit so that you've got your buy-in at the lowest possible numbers

[Anonymous No.18933698]

>>18933436
scorpio tankers are trading in CPP products. These are higher value fuels that can also be stockpiled that aren't crude. Markets are fucking tight because there aren't many coated LR2 aframaxes (some have traded crude which dirties them up). Rates for LR2's are through the roof d/t this reason. The fucking million dollar question is: how many of FRO's LR2's have stayed clean and not traded crude? IF a fair number are trading CPP products FRO is in a great spot too.

[Anonymous No.18933849]

>>18933695
>tfw need a 45% pump to break even

[Anonymous No.18933911]

>>18933849
you're right, man
there have been zero 45% pumps in the market lately
i should just fold up shop

[Anonymous No.18933964]

[Anonymous No.18933972]

>>18933679
Soon we won't have to explain anything....these waters are calming. We can explain to them with our gains! This is looking good, I can feel it in my bones! We are finally going up!

>>18933497
Their report is really, really odd. I am not a wiz like oil anon or number crunching anon, but I got the vibe generally that things are probably looking god awful and they are obfuscating it as much as possible because if there was any shred of hopeful news they would of made clear the demand and supply relationship and outlook. Nothing at all hints at stopping Oilmageddon.

[Anonymous No.18933998]

>>18933964
Were you anon who I argued with briefly about if oil can go negative today? I am willing to say I was wrong, you were right. And I am quite happy that you were.

[Anonymous No.18934048]

>>18933998
i was saying that i think the decline started this morning and it looks like it may have
BUT WHO KNOWS WTF DJT WILL DO

[Anonymous No.18934275]

>oil goes down today
>flurry of news articles about how there might not be enough storage space
>panicky USO selling on robinhood

[Anonymous No.18934319]

It keeps going up! This is great! Today is going swimmingly! Tankerbros, we are making money today! My autism is nagging at me for having uneven shares since I didn't buy due to waiting to see if it stayed low to the end of the day....but oh well.

>>18934048
Well. With the flurry of recent news, looks like big boys decided it is time. I think we are about to see oil decline and our ships setting sail.

[Anonymous No.18934365]

NAT is up 10% in the past 2 hours
FRO is up about 5% in the past 2 hours
DHT lagging at about 3%
STNG flat

[Anonymous No.18934369]

>>18934319
god I hope so I can't take it anymore

[Anonymous No.18934403]

>>18934369
>>18934319
i think we're going to see a fake pump today/tomorrow
the real thing is next week IMO

[Anonymous No.18934493]

HOLD ON TIGHT DHT IS MOONING

[Anonymous No.18934508]

> Trying to figure out if I want to buy more calls or what on tankers
>>18933542
Genuinely beyond me. If you were a big enough whale though, why not? Hedge fund whales talk to other whales, I''d be surprised if there wasn't any back room dealing.
>>18933646
Priced in is a meme, efficient market hypothesis may as well be debunked at this point. Unless we're talking about the bogs and their quantum computer (everything is priced in forever in that case)
>>18933972
Agreed. they'd be cheering that contango ends early as demand rebounds, or something like that. Their tone is oddly neutral.

[Anonymous No.18934556]

You did it /tsg/!

You're absolute stupidity has landed you an article on Zerohedge

https://www.zerohedge.com/markets/inside-mind-blowing-crazy-insane-ridiculous-tanker-sell

[Anonymous No.18934605]

>>18934556
we are literally the only ones who did not participate in the retarded sell-off

[Anonymous No.18934667]

>>18934556
People here are hodling until the last dog dies, what does the sell off have to do with us?

[Anonymous No.18934711]

seeing volume on 6/19 calls

[Anonymous No.18934776]

>>18934369
I can take 1, 2 days max of decline like the previous day before financial stress starts really hurting my purse strings. An up day helps me cushion more loss before the big moon, and if it begins big moon now....I won't complain.

>>18934403
By all means, fake pump/dump like this and crab along. I can handle the financial pressure at this level and a bit below.

>>18934508
In this business you got to be careful to not give an overly bearish outlook when things are bad. No one does it no matter how awful things really are, it is frowned heavily upon. This article took that exact neutral false tone of "I can't scare the living shit out of everyone and cause a collapse, I got to break it to them gently."

>>18934556
They copy pasted another article by the freighter website. But it is beautiful, we all not only held but bought more! Everyone here is gonna make it, just keep holding on!

[Anonymous No.18934823]

i saw a meme that looked kind of like this anyone got it i cant find it. also i think its time to buy, the pump worked its going to stagnate maybe go down a bit but its not gonna tank

[Anonymous No.18934995]

>>18934556
>selling
>selling
>selling
Not a thing, landlubber

[Anonymous No.18935297]

>>18930030
Naked Puts?
Oof Anon, that's gonna be hurt.

[Anonymous No.18935517]

>>18934711
Same, up like 12% in the last two hours for me

[Anonymous No.18935590]

>>18935517
It...it is starting. If this isn't a false pump, this is the beginning because of everyone going to panic over oil supply now with recent news. We did it. Hang on tight! Hope you bought the dips!

[Anonymous No.18935628]

>>18935590
i've put in everything i can at this point
nothing to do but hope shtf over the weekend

[Anonymous No.18935683]

anyone else notice the anti-shills disappeared around the same time DHT/FRO/NAT/STNG finally started going up?
i'm seriously considering the possibility people were paid to come here and do that shit

[Anonymous No.18935731]

>>18935683
i was posting incessantly about you guys lying to me because i told my friends about this venture and they were going to call me a retard

[Anonymous No.18935750]

>>18935731
>telling anyone IRL about something like this before it happens
ngmi

[Anonymous No.18935753]

>>18935683
my /pol/ and shitcoin background has signals going off. there's an odd set of posters floating around at the moment... I'm mostly a macro kind of guy and OilAnon is great to read, but something's probably up.

[Anonymous No.18935795]

>>18935683
This is something funds do all the time.
1. Take a large position
2. Create the results you want

Ie. ackman and Herbalife

It’s technically illegal but laws don’t apply to billionaires unless you fuck over other powerful people (Bernie madoff)

[Anonymous No.18935804]

>>18935753
oh i KNOW people get paid to go to /pol/ and stir shit up

[Anonymous No.18935843]

>>18935590
Hopefully it's not just a crab rollercoaster

[Anonymous No.18935845]

>>18935804
I do it for free sometimes because it’s funny desu

[Anonymous No.18935849]

>>18935804
Fucking this.

[Anonymous No.18935922]

>>18935804
i don't understand why or who, but i don't think you're wrong. There's shitposters, but a few days ago there were some weird filenames floating around that reminded me of old /pol/ shilling. Pls no bulli, i'm not a schizo

[Anonymous No.18935960]

>>18935628
Same. I am all in, this is gonna get good. And if it dips...so what, I won't be in worse financial stress than now at least. I am just happy we found the bottom most likely, or close to it. if not mooning now.

>>18935683
I think it is possible, I know big boys monitor /biz/ unironically.

>>18935843
I am totally fine if it is near term. Longer term with the recent oil news on top of how well they are performing and outlook....they are gonna go up 95% chance imo, lewdie.

[Anonymous No.18936059]

>>18929826
>pirate ship with from 1700s worth 10 billion estimated
>thats 183,000 kilos of gold

do you think a wooden floaty mcboaty can carry 183 tons of precious metals?

[Anonymous No.18936098]

ah shit it's nice to dream even if i have to laugh

[Anonymous No.18936105]

>>18935960
>I think it is possible, I know big boys monitor /biz/ unironically.
They definitely do. This is THE place to leak information if you want a retail response. The problem is just separating the legit leaks from shitposting

[Anonymous No.18936148]

>>18936059
>do you think a wooden floaty mcboaty can carry 183 tons of precious metals
Apparently people did, except it was more like 300t.
https://en.wikipedia.org/wiki/Great_Bell_of_Dhammazedi

[Anonymous No.18936182]

>>18935753
It's funny all the BS we see with crypto transfered over to the real world. I literally learned how to trade stocks after learning on shitcoins, and it's nearly the same thing.
Oil Anon's math is interesting but unless you're a nerd who's into data analysis, we're literally talking about our excel spreadsheets on a Mongolian beard knitting association board... why would anyone want to shill this?
>>18935804
You can pretty quickly pick up on normal shitposting and paid shills. I still remember the 2016 election, even the catalog was unusable election night. The Sleepy posting bot breaking and posting garbled code was pretty funny too.
>>18935683

[Anonymous No.18936184]

THOSE WITH STEADY HANDS WILL REAP THE REWARDS!

THE STORM IS ENDING, CLEAR SKIES AHEAD, COIN IN SIGHT BUT WE MUST NOT DEVIATE FROM THE ROUTE.
THE DAY OF CONTRACTEND IS COMING.
GLORY TO ALL THOSE WHO SURVIVED THE PERILS OF THE JOURNEY

NOTHING BUT SPITE FOR THOSE RATS THAT JUMPED SHIP AFTER ATTEMPTING MUTINY ON THIS CAPTAINLESS SHIP!

[Anonymous No.18936224]

>>18936059
>https://en.m.wikipedia.org/wiki/Spanish_galleon_San_Jos%C3%A9
>1200tons freight capacity
Those ships are armed with cannons
You know how heavy cannons are?

[Anonymous No.18936244]

>>18936184
these threads wouldn't be the same without ARRnon

[Anonymous No.18936245]

>>18936182
* People are definitely paid to shill on this board. I'd love to know how they get those jobs and what their paid for it... I know those shareblue guys from a few years ago legit ran into psych. issues when they realized "muh hard right" actually had decent arguments, and were just tim-poole tier centrists who liked guns and wanted to see their country survive. How dare they love their home!

[Anonymous No.18936269]

>>18936184
Boats are loaded for home boys, we ride on the sea of black gold to riches or Valhalla

[Anonymous No.18936314]

>>18936105
I capitalized on a few insider leaks before here, even some as exact as day of buy and sell to ride the wave perfectly. I don't even know if it is "retail" response they want specifically since common retail is more like plebbit than here in mentality. Which does admittingly cause chain reactions to plebbit and such and cause real retail movements which makes you right, but I think here is like a place to view the "obstinate" and the "educated" retail investors. To see non-sheep sentiment. Perhaps hedgies noticed the shift in attitude now. Nobody believes us anymore that tankers are good, people make fun of it. And the remaining core left basically are never selling no matter what. If this is a micro-ecosystem of retail, then it pretty much shows this is the best time to go in now since oil is about to dump to give legitimacy to the idea and tankers are experiencing max pessimism despite good news that will keep coming. We literally will never sell, so our autism is along for the ride whenever they decide to bring it up.

>>18936244
I love Arrnon, his posts make me forget any pain and have fun. We all should just put on a pirate attitude once these things moon, piss everyone off and have a riot while drinking rum for maximum drunken pirate shit talking to those who didn't believe us.

[Anonymous No.18936367]

Ahah, the blood runs cold
We take our loot but don't get old
Yo, yo ho
Yo, yo ho
All hail, the mighty
He's arising from the deep
With tattered sails
and incredible tales
we're caught in endless seas.

[Anonymous No.18936372]

>>18936314
>We literally will never sell
I even spilled over into my non gambling account. I'll double my position in there if the price drops enough next week.

>>18936182
I agree, and the cracked shareblue shill OPs were great. good times.

[Anonymous No.18936399]

>>18936314
i'm down for some ARR posting if this happens

[Anonymous No.18936432]

>>18936314
>And the remaining core left basically are never selling no matter what
I wont sell tankers at a loss this year, but if i see enough profit i will definitely sell

[Anonymous No.18936478]

>>18936432
i think he means not selling before SHTF

[Anonymous No.18936508]

>>18936399
nice dubs

[Anonymous No.18936538]

>>18936372
>I even spilled over into my non gambling account. I'll double my position in there if the price drops enough next week.

Boi you're treading dangerous waters with that

>>18936314
I'm not sure if I buy into retail investors having actual significant impacts on these types of stocks. Retail investors are such a tiny fraction of trade volume... Miniscule, really.

[Anonymous No.18936590]

>>18936538
>I'm not sure if I buy into retail investors having actual significant impacts on these types of stocks
Retail movement legitimizes inside trades. If some fag on 4chan could make the same call, it makes it much hard for the SEC to make a case that they traded on information that wasn't available to the public at the time.

[Anonymous No.18936617]

>>18936367
It's okay anon. Just follow the map, we will get there to an island of riches! The winds are picking up, unfurl the sails, get the corks and plug up those holes! The crew's buckets will clear the water being taken on in a jiffy!

>>18936372
Pretty based, but I hope it doesn't drop much further. Next week is an even larger slew of tanker earnings.

>>18936399
Fuck yes, it will be fun. Just throw caps of your gains and laugh at taking their booty while oil falls.

>>18936432
>>18936478
I meant not selling until highs, when there is maximum SHTF'ing and FOMO'ed is at its peak, holding for however many quarters whether it be 1 or 2 (or god forbid 3 if there is monumental fucking up worldwide) until sufficiently capitalized. They won't be good forever. Might keep a few shares though in remembrance depending on how good they perform.

>>18936538
I meant it in the sense that actual movers note retail sentiment and manipulate it to maximize their gains. Such as scaring us out of the market to lower the price to buy up for example. I wasn't suggesting retail investors themselves were prime movers, just that they are an element in profit-maximization. Which hedgies definitely do.

[Anonymous No.18936644]

>>18936538
It's tiny. I have nothing high risk otherwise, unless you want to count another ass small position in Wells Fargo high risk.

[Anonymous No.18936650]

>>18936590
Nice explanation

[Anonymous No.18936746]

Imagine how pissed the goldman boys must be rn after failing to scare us out of our positions.

"OY STEINER! THE /BIZ/RALI AUTISTS AREN'T LISTENING TO OUR FUD! AND THEY KEEP CALLING DAVID AND I KIKES! HOW MUCH LONGER WILL IT TAKE TO LIQUIDATE THESE GOYS!"

[Anonymous No.18936754]

>>18936367
I like what I see

[Anonymous No.18936768]

>>18936617
Fair point, I follow

[Anonymous No.18936838]

>>18936768
That's lewd as fuck


>>18936617
I see, that's an interesting thought. Is there actually evidence to that though?

Everybody has an opinion but I don't always see any real evidence...

[Anonymous No.18936897]

>>18936746
Topkek

[Anonymous No.18936929]

>>18936746
lots of bullish individuals fucked with options that aren't gonna be worth shit.

[Anonymous No.18936956]

>>18936746
Kek. It is a hearty kek too, they are gonna have to give up sooner or later this rally made it obvious they can't run it to 0 in the face of everything. We are here to plunder their booty and nothing can stop us, the climate is changing too much soon to reverse this too far. And if they somehow do go back to lows....buy more! I bet they were buying back all their call options they wrote too when driving the prices down while simultaneously writing puts knowing they are going to buy it up later.

>>18936768
Incredibly lewd, I can feel the stress leaving me quickly! Thanks though.

>>18936838
Direct evidence of some manager saying they scare retailers out of the market to buy in lower? No, he would probably get fired for admitting that. They never admit to being the villains they are. General market trends showing the story though? Yes if you observe long enough. Same principle as buy the rumor sell the news, you entice reaction by buying the rumor and hyping it so retailers FOMO in, then when news hits you sell for a profit and it scares retail off lowering the price even more for your re-entry. Big players don't always follow the perfectly mechanical move and opt to do insane looking stuff to manipulate the market to better position themselves. It is an opinion, but I am enough of a cynic to believe people are that awful at the top. And circumstantial evidence lends credence to the story generally. But concrete? Nah.

[Anonymous No.18937228]

>>18936956
>>18936838
Forgot my pic

[Anonymous No.18937512]

DHT is dropping a bit now

[Anonymous No.18937606]

>>18937512
premarket volume is worthless, especially with these stocks

[Anonymous No.18937900]

>>18933474
Dont underestimate the profit they get on the spot market. Spot market is just trading oil all over the world and most fleets have over 80 percent running on this. This is where a lot of profit is and I think we focus too much on the floating storage aspect.

[Anonymous No.18938047]

Cautiously optimistic about tankers right now. I think goldman sucks and fidelity have scared the paper handed baby fags out of the market and are scooping up their shares. I bet we see one more drop tomorrow and Monday then we rocket ride after 5/15 when the MM's stop manipulating. All of you clowns who bought calls can jump off a cliff since you're making it easier for them to con us. I'm going down with ship if I have to. Positions?
>DHT 250 @ 6.60
>STNG 500 @ 17.80
>EURN 300 @ 10.00
>FRO 600 @ 9.50 (ouchies)

[Anonymous No.18938120]

>>18938047
>DHT 250 at 6.98
>FRO 100 at 8.17

[OilAnon No.18938123]

Having gotten up to date with today information.
It's happening.
The big question now is:
1) Will it happen everywhere before the contracts roll over
2) Only in certain markets
3) Everywhere right after contracts close for the month.

God it feels good to be right. God I wish I still had some money of my own on the side to enter rn.

Reminder to options fags:
>Futures close the 22nd this month
>Negative if it happens this month will be last week of contracts 17th-22nd unless storage fills totally beforehand in which case negative before.
>Options on stocks close 15th
>Mooning might occur before then(likely does to some extent) but for extremely out of the money you have been warned.
I have no clue where it is going to be U/L by the 15th. If you are extremely out of the money bewarned I guess, you likely still get fucked.
All in all I guess this is the point we laugh?
If you have money on the side its cheap rn I guess.

[Anonymous No.18938269]

>>18938123
Sup OilAnon, check math anon here. Hope you're doing well. What'd you think of the latest Rystad?
I posted this in another thread, but will copy here:
> Latest Rystad presented info in a really weird way. They included refineries, pipelines, and other things you never normally include as "storage" It's like including the gas tanks of cars on the road as being part of total fuel storage- while technically correct, maybe a bit disingenuous. Take a look at this EIA report.
>https://www.eia.gov/petroleum/storagecapacity/table3.pdf
> So if we assume net available is ~600 Mbbl, of which 527 is in use (from Rystad)... meaning that as of today, we're over 87% full. Their "forecast" has a peak of just over 550mbbl, which puts us at ~91.6% full.
>Here's where things get funny, and the data isn't specific ; the net effective capacity is only something like 95% of gross total, meaning we only have 570Mbbl of "true" capacity. This is probably more like 90% when you account for maintenance and other real world losses (maybe oil anon has some better estimates?). I don't know if the EIA report takes that into account when they say "net available"
If we assume 570Mbbl, this puts us at 96% capacity. Tanks are full.
If it's closer to 90%, we only have 540Mbbl of total capacity, putting us at 101% of capacity. Tanks overfill.

I agree "It's happening", but do you have better numbers for what net effective storage is in the US atm? There's so much slop in the numbers in general, it's hard to really estimate when the meteor really hits.

[Anonymous No.18938291]

>>18938123
Yah I feel the same way Oil Anon. Big wins coming up. Pretty much doubled down on everything today and yesterday, wish I had the balls to go on margin. I am pretty confident we're gonna see a small dip and then some real progress ~15-20 days. Also option fags are fucked; imo the only reason this dipped happened is because MM knows the value of the divs and didn't want to sell their shares on the calls they wrote. If we get extremely lucky, they may buy up everything to cover themselves on the call they sold. It's possible with the amount of retail that's doubled down, but very unlikely. Crossing my fingers

[Anonymous No.18938293]

>>18937900
Yes, that is true, but the onshore storage maxing will have huge effect on daily rates even though only marginal amount of vlccs will be available for storage use

[Anonymous No.18938299]

>>18938123
OIL ANOOOOOOOOOOOOONNNNNN

[Anonymous No.18938322]

>>18938047
1045 DHT with 3 DHT C 6/19 $7

[Anonymous No.18938428]

>>18938047
2900 STNG @ 17.01

[Anonymous No.18938429]

>>18937228
Your pics are always appreciated dear friend.

>>18938123
OIL ANON VINDICATES

IT IS FUCKING HAPPENING, NOTHING CAN STOP THIS SHIP!

God, my autism though, I hate my uneven shares. 500 FRO, 500 DHT, 400 NAT. I want to even it up. Do I wait and expect a drop tomorrow to buy 100 more NAT, or do I buy right now AH before it goes up? Choices are hard. I just...can't leave it hanging forever, it irks me and if moon mission happens then I really can't buy the remaining shares, I knew to get them at 4.8 today but I didn't.

[Anonymous No.18938480]

>>18929627
Wait until the next war and then sell.

[Anonymous No.18938492]

https://www.investing.com/commodities/crude-oil
Betting this turns into an evening star doji and plummets. The news is in, oil is fucked.

[Anonymous No.18938541]

>>18938428
When we are vindicated i'll suck your dick for 1k

[Anonymous No.18938583]

>>18938269
Probably repeating myself, but current worry is that oil being kill will drag down energy, and trigger the next leg down in the greater market. If this happens and claps everyone, blaming negative oil is a nice out. The media will likely blame it on faceless saudi oil tankers / bad policy, when really it was just supply and demand. Like I said last night, the 2nd/3rd order effects are 2spooky.

[Anonymous No.18938657]

>>18938583
bring it. pop the debt bubble.

[Anonymous No.18938676]

DHT down
Wendies... Ran out of beef... Back to nov 2019 level

[Anonymous No.18938726]

>>18938123
Oilanon, I failed you. I made 2k off the tanker trade when oil went to negative but bought back in after a week or two because I saw that there was still money in it. Dumped tons of money into calls and now I'm screwed..

[Anonymous No.18938756]

Who's gonna give the best divvy yields tho? EURN is doing fantastic on that end, DHT is great but not as good. What about the others?

[Anonymous No.18938830]

Will we see another dip before the payoffs?

[Anonymous No.18938917]

>>18938123
>if you are extremely out of the money
sorry oilbro, I don't follow - what do you mean by this?

[Anonymous No.18938952]

>>18938917
If the stock price now is way below your call strike price

[Anonymous No.18939062]

>>18938952
Does time decay kill our 15 date calls even if it moons next week?? Should I cash out next week in that scenario on my 15 date calls and just hold shares or get calls after the end of futures contract.

[Anonymous No.18939133]

>>18939062
cash out imo. MM have ropeadoped the retail traders, reinvest it in $EURN or $STNG

[Anonymous No.18939152]

Well. It isn't anywhere near optimal in the slightest, but I bought 100 more NAT AH just now. I can finally rest in absolute peace without temptation with 500 shares even DHT, FRO, and NAT. My autism and OCD are satisfied, overall at less margin than I was before sitting at a comfortable small level that can take a beating if wrong, and have 0 temptation to buy more even if everything dips. This feeling of satisfaction is amazing, now time to sail in smooth or rough seas whatever comes my way. I didn't realize just how much being at nice round numbers across the board would help my mental health here, feel like a new man ready for whatever happens and giving 0 fucks if it wasn't an optimized buy.

[Anonymous No.18939156]

https://mobile.twitter.com/DeItaOne/status/1258316693476003840

Can someone confirm this?? This would be HUGE FOR US!

[Anonymous No.18939210]

>>18936184
I'm still here, cap'n

[Anonymous No.18939253]

>>18938123
I have June calls

[Anonymous No.18939317]

If it happens...

[OilAnon No.18939588]

>>18938269
Sorry dad came home couldn't answer for a while.
I saw your earlier post mathanon.
On Rystad:
They said 550 million is the all time high NOT the peak for storage fill.
I agree with you it felt weird and disingenuous almost like they want to downplay this. The EIA is a good find.
As for better numbers worldwide we can guess roughly based on Rystad for demand and Goldman for supply about 11mbpd this month deficit or 330 worldwide.

Found this relating to IHS markit.
https://pubs.spe.org/en/ogf/ogf-article-detail/?art=6996
That means most markets run out of storage by end of the month(and presumably oil is rerouted to China where it will fill faster).

It also depends on the market, apparently Cushing is already full according to on the ground types.

>>18938291
This desu. But I never buy margin fren' simply because I hate debt.
>>18938299
Evening to you too fren'
>>18938429
I mean just looking at the report and the circumstantial of Goldman buying DHT shares and the Iraq debacle and the unrealistic shortterm prediction they were making Rystad simply confirmed my suspicions. Its happening Goldman is wrong.
Personal gut buy today. My extremely short term is not worth a damn warning you now but that is my gut here. If you know priceaction fags ask them, otherwise I would buy now over tomorrow.
>>18938583
Chain reactions are a bitch, I would not be surprised.

[OilAnon No.18939605]

>>18938269
Sorry dad came home couldn't answer for a while.
I saw your earlier post mathanon.
On Rystad:
They said 550 million is the all time high NOT the peak for storage fill.
I agree with you it felt weird and disingenuous almost like they want to downplay this. The EIA is a good find.
As for better numbers worldwide we can guess roughly based on Rystad for demand and Goldman for supply about 11mbpd this month deficit or 330 worldwide.

Found this relating to IHS markit.
https://pubs.spe.org/en/ogf/ogf-article-detail/?art=6996
That means most markets run out of storage by end of the month(and presumably oil is rerouted to China where it will fill faster).
US is already out in certain areas and will be out in most areas by end of this month. I'll keep digging you should likewise.

It also depends on the market, apparently Cushing is already full according to on the ground types.

>>18938291
This desu. But I never buy margin fren' simply because I hate debt.
>>18938299
Evening to you too fren'
>>18938429
I mean just looking at the report and the circumstantial of Goldman buying DHT shares and the Iraq debacle and the unrealistic shortterm prediction they were making Rystad simply confirmed my suspicions. Its happening Goldman is wrong.
Personal gut buy today. My extremely short term is not worth a damn warning you now but that is my gut here. If you know priceaction fags ask them, otherwise I would buy now over tomorrow.
>>18938583
Chain reactions are a bitch, I would not be surprised.

[Anonymous No.18939656]

This is so eerie. no AH movement for tankers. Normally there is quite a lot, up or down recently. Dead waters right now. No breeze. This is truly the calm before the storm.

>>18939588
I did, but thank you for making my decision feel even better. Bought the 100 more shares I wanted, at perfectly even 500, 500, 500 between tankers. I did it for mental health and wow do I feel good with even shares and as if I truly ran my powder as much as possible without being a lunatic balls deep in margin. But it is fine, I don't care if I lose tomorrow. I thought the buy right now was the right call too. Bless you oil anon, may we all make it.

[OilAnon No.18939672]

>>18938726
Its been a rollercoaster fren' if it makes you feel better I've also lost some money on the options(was planning to roll them literally the day of the crash when they went down and I figured it'll bounce back before the real correction that signals the bull).
Its a small part of my portfolio but I still feel the pain here fren.
Also the Goldman thing made me laugh(as a Jew)
>>18938917
If you bought an option(long call) due very soon(15th) that is far out of the money(U/L far away from strike) even if it moons you might still be fucked due to expiration date for the contract. If you are not an options trader its irrelevant to you anyways.

[Anonymous No.18939707]

>>18939672
>Also the Goldman thing made me laugh(as a Jew)
Explain? What Goldman thing?

[OilAnon No.18939714]

>>18939156
What markets?
>>18939253
You are probably safe then desu.
>>18939317
What company is that(FRO EURN?)?

[OilAnon No.18939728]

>>18939707
Sure see
>>18936746
Anon made a joke here and I found it rather funny.

[Anonymous No.18939786]

>>18939672
>>18938952
Appreciate the clarification kind anons - options aren't for the likes of myself, i'll stick with grabbing as many of these stocks as I can for as cheap as I can.

I think this anon >>18938291 has a particularly good point - the inherent value in these stocks now is that they are one of the few that will comfortably pay out strong divvies during the second leg down of the market. On the one hand I feel pretty overleveraged in this sector, but on the other I haven't felt this sure about buying a stock - ever. We just have to stay the course.

[Anonymous No.18939845]

>>18939714
It's DHT

[OilAnon No.18939886]

>>18939786
Options are a great way to make huge money if you can predict the short term moves(also a great way to lose huge money if you are wrong), its just may 15th is way to close.
The inherent value of the stock at least temporarily going to moon, question is with current market condition how high will it go due to retail fags jumping in?
>>18939845
Thank you fren'.

[Anonymous No.18940096]

>>18939886
I get the appeal of options, but it just doesn't appeal to me given the increased margin for error (i'm fairly risk-averse by nature, just participating in this market is quite the development for me!). Less to worry about just buying/selling stocks. I'm not particularly greedy, I'd just like to see a nice return that will let me exit my positions in the green once the frenzy begins properly, maybe leaving some stocks behind to pick up divvies. 175-250% would be marvellous, i'd be quite content with less than that though.

>question is how much
Agreed. 175-250% would be marvellous (and looking at the fluctuations, not impossible, i'd be quite content with less than that though.

[Anonymous No.18940155]

>>18939786
>>18939656
>>18939886
Someone should make a long post about my theory on MMs and an update on the whole sector, we need a shit ton of retail buyers anyways. Reddit, stock twits, discord, pump it all. Call it counter market manipulation. It's kind of a far fetched theory but it explains a lot. I don't have time to do it right now but if someone smarter and more articulate then me could that would be le epic. I would pump it in every circle I know. thanks anons

[Anonymous No.18940183]

>>18940155
I'm completely serious about this by the way, if we can force the MM to cover we're going to see fucking moooooooooooooooning. COUNTER MARKET MANIPULATION TIME.

[Anonymous No.18940193]

>>18940096
If you know what you're doing, options are the best way to minimize your risk while keeping almost the entire potential upside. You should definitely give them a try. They additionally significantly increase your strategic repertoire. For example, there's no play to be had if a stock doesn't move at all without using other products like options. Meanwhile you can profit a lot with options in that scenario, while maintaining guaranteed fixed risk and no issue with, e.g., gaps.

[OilAnon No.18940286]

>>18940155
Retail buyers will return when Jim Cramer mentions them again on Mad Money as a buy.
The actual tanker stocks are undervalued rn.
RN people just want a winner(when everything sucks and the market valuations all feel fake considering how everything feels overvalued), the moment they get confirmation even if they dislike the sector it'll moon. Until then we wait. We are too small to manipulate. Even if given enough money unironically I could do it(but I don't have that kind of money).

The best thing you can do guerilla style is probs call in on Cramers show ask what he thinks b/c he probably says buy(which gets in retail). Ditto for posting on reddit.

[Anonymous No.18940302]

Anons what is the chance brand new tanker companies will start appearing to make up for the gap in storage?
I'm sure there is a lot of dead cheap land ready to have cheap oil storage put on it but I dont know what the EPA regulations and requirements would be for someone doing this

[Anonymous No.18940329]

>>18940286
Someone should call and ask about eurn. Boomers can hear Cramer tell them about how it 11xd q419s earnings and is dropping a 1.1$ dividend and they'll pump the ever living fund out of the entire tanker space.

[Anonymous No.18940388]

>>18940329
i'm a zoomer they'll just think i'm memeing. someone else call about eurn div

[Anonymous No.18940396]

What are the chances Cramer doesn't already know we exist...

Like... it's his job he's had to at least heard...

[Anonymous No.18940414]

>>18939656
Shit 500/500/500 equally pleases my OCD tendencies

[Anonymous No.18940443]

>>18940329
How do we even call into the show? I'm sure they have to vet us right?

[Anonymous No.18940445]

>>18940302
0. No ships are being produced. It's the lowest it's ever been in terms of production.

[OilAnon No.18940521]

>>18940302
Tankers take time to build.
Some companies have tankers that are mothballed they likely will activate.
As for land storage most of that would also take time.
Let me put it this way, can we expand storage yes, in time to delay the crisis, no, sufficient to preemptively end the crisis also probably no.
>>18940329
>>18940443
Dad has done it in the past, its literally just a number you call into they put you on hold and you wait. They don't vet you for shit, if you get on you get on, its like talk radio basically.

[Anonymous No.18940596]

>>18940414
I know, it is great! Mentally calm now. Going to ride cute feet all the way up. I really feel like life is going to give me a good deal now. So many signs. Got 500/500/500 comfortably with my limited funds, can't really go more and it is the maximized amount. Tankers start going up today finally. Played some vidya, got into Elite Smash in Smash Bros for the first time ever just now. And to top it off, and the true big one....oil futures rollover on my birthday. I am superstitious a bit, and can't lie and say that last one hasn't been encouraging the fuck out of me to go for this. It is like everything is neat now and nice in life, orderly. Life is going to hand me Oilmageddon as a birthday present. I can't ask for better than that.

[Anonymous No.18940686]

>>18940193
Thanks for the advice kind anon. Stay comfy.

[OilAnon No.18940727]

>>18940596
Speaking of futures do you know what brokerages have kept them open? My brokerage closed futures trading(on crude) and I've been trying to help my dad make a bet relating to them.

[Anonymous No.18940749]

>>18940521
Shh, don't upset the herd. They think oil tankers come off production lines like Toyotas.

[Anonymous No.18940756]

>>18940596
Well anon, if things turn downwards just make sure you keep a strong mental and have a plan in place

[Anonymous No.18940895]

>>18939588
> Cushing is already full according to on the ground types
I'm starting to agree they might try to hold oil up until options roll over, and more people realize storage is totally unavailable. The media can change market sentiment pretty fast- once news hits of contracts unable to be filled because lol tanks are full, oil hits the floor hard.
I'll dig a bit more and post if I find any good data. It might not matter though, if this has already started to kick off. I'm busy with projects atm but if for some reason this hasn't kicked off in 3-5 days, I'll make the time to run through all the [new]numbers again and see whats going on.
>>18940193
It's part of why I love options. Flat? sell premium. Going up? calls. Going down? puts. Learning how to time the market is all of it though, and that's the challenge.
>>18940443
If you're going to call Cramer, try to time it so he moos the biggest bull moo for tankers that has been moo'd by a TV host ever. It might happen on it's own even if we don't do anything- Cramer is what helped set off the initial run up on CNBC in April.

[Anonymous No.18941031]

>>18940895
I tweetd him just now. Doubt we'll see anything but i'm too much of a bot to call him.

[Anonymous No.18941115]

>>18940727
Oil anon, i'm literally a conspiracy theorist but if you follow big money flow today on $XLE it looks like someone thinks energy is going to tank by 5/15. probably a hedge but still something to consider.

[Anonymous No.18941228]

>>18938123
bro i missed you. thanks for the oil glut forecast made some decent money

[OilAnon No.18941377]

>>18941115
I think oil companies are overvalued rn in prep for the bullrun when this current crisis is over.
The actual price for these stocks is retarded and a correction in the in between is overdue. Oil going negative could be what finally corrects but I don't know, clown market is clownmarket could just be a firm hedging their bets.
I still can't find where crude futures are still open and honestly feels that feels both like a safer bet(actual commodity so less bs manipulation) and higher return(as it will go negative probably).
>>18941228
You welcome.

[Anonymous No.18941482]

I've been complaining about FRO's price for a while but now that it's going up I feel bad I have only 115 shares at avg 8.82
I'm thinking about buying some more but I know when I do it's going to come crashing down again

[Anonymous No.18941595]

>>18940727
Not at all. mainly because I don't trade futures, only check them on investing.com. Sorry friend.

>>18940756
I will. Honestly divvies will pay off losses at this level, and if it for some reason somehow after all of this crisis remains an even lower price than right now....well, I will take the loss. That would be the height of irrationality and simply fate. But I can handle red on my portfolio until all the dates have passed and be fine waiting for profit. Got only a semi-plan if this fails by June because I believe market will spiral down again by then and no not the climate or the stocks down to reinvest in.

But I really, really, really think tankers are gonna turn a profit soonish.

[Anonymous No.18941900]

>>18941595
That's good. Long as your mental is strong and you have a plan you'll be fine. And cute feet pics. Those too.

[Anonymous No.18942251]

I can't put anything into eurn until monday or tuesday, and I doomed?

[Anonymous No.18942388]

>>18938291
All my options are calls for 7/17. I think I’ll make it.

[Anonymous No.18942456]

HODL TANKERCHADS D D DIAMOND HANDS

[Anonymous No.18942608]

>>18942456
Yeah it was funny the first time

[Anonymous No.18942801]

Hello fellow tankerbros, OP here. Thanks for contributing to this thread general. Made it to help manage my tanker lust, order my thoughts, and collect info. Got a couple of questions.

>1
New thread every morning with new info (if available) even if old thread is still up w/ <300 posts? New thread every morning even w/ out new info? Or new thread whenever there is new info or old one reaches 300+?
>2
Any links you feel should be in OP?
>3
Thumbnail ideas, or just keep it simple?
>4
You like ships? the ocean? The romance associated w/ them? Think about reading the Sailor Who Fell from Grace with the Sea by Yukio Mishima. Might get your mind off of that line in your broker (but not too much, in case all hell breaks loose).
>5
Losing hope in tankers or having a second wind?

Gotta tell you guys, with the research I've put into tankers (and oil), I've never felt more confident in holding a position while having such huge losses. Honestly, if the unprecedented happens and the oil crisis is averted, I think I might hold out of pure spite.

That's all for now. Thanks.

[Anonymous No.18942803]

>>18941900
I have plenty. Quite. Plenty. General taking a break tonight it seems, we all gotta get ready for tomorrow to ooo or aaa.

[Anonymous No.18942873]

>>18942801
If I weren't in calls that I can't get out of I'd have been gotten out and back in probably three times by now. At a loss each time.

This general helps though. I'm getting more comfortable with the wait and more certain it's going to pay off.

I'm not even in to a point where I'm in trouble financially as I'm not in margin or anything but I'm so time and emotionally invested that if this shit just crabs forever I don't even know how I'll react.

[Anonymous No.18942983]

>>18942801
>1
I think make new threads only at 300+ unless it is a new morning. I think on new mornings there should be a new thread in order to incorporate morning earnings in the OP, like if there is new info I mean. It is just....nice, and I don't think anyone would complain.
>2
I am not sophisticated enough to really add.
>3
I like some of the tanker and pirate images posted. If you want to anime flavor it you can add ship girls from Kantai or Azur Lane with /tsg/ images on it like how /smg/ does some anime shots. Someone or myself might make them if our stocks start "making it."
>4
I like ships and the ocean. They are supremely comfy, and I want a small single person boat I can live on if I ever make it with fantastic wealth. It isn't even romance, it is just...comfy. I like the water. I live near the coast so it is natural, beach is not long away.
>5
Second wind. Though I never lost hope. I have upmost confidence in mooning, I just know I will hurt inside meanwhile if it goes down. And I will have to live with that.

I am extremely confident too right now. The only thing that can stop us is WW3, and that would cause much bigger issues than our stocks most likely. Just hold my friend, and know that divvies make up for most of our losses anyways.

[Anonymous No.18943054]

>>18942873
I feel you man. The amount of time I've invested in tankers has far exceeded my expectations. Hope it pays off, if not, I can't say ill be ruined but it'll hurt.
I own the stocks so at least my position is a little more "flexible". Hope your calls print anon.

[Anonymous No.18943055]

Searching through the news has been very helpful for my psyche and resolve.

https://oilprice.com/Energy/Oil-Prices/Why-This-Oil-Rally-Wont-Last23477.html

[Anonymous No.18943088]

https://oilprice.com/Energy/Crude-Oil/Some-Shale-Drillers-Are-Restarting-Production-At-25-Oil.html

[Anonymous No.18943140]

>>18943088
"One significant problem is that the moment the oil market gets wind of shale drillers ramping up, prices will slide as fast as they rose because of the fundamentals situation. This places those shale drillers who are waiting for WTI to increase by another few dollars to start drilling again in an awkward position. Any ramp-up in production is likely to be short-lived if it is premature. But with debt maturities looming large on the horizon, it may be challenging to wait for a better time to restart shuttered production."

[Anonymous No.18943270]

>>18942803
So at what point do you make your move?

What's your sell target?

[Anonymous No.18943428]

>>18943270
Sell target as in target price? Might be controversial, but I have none. Tankers have ridiculous upside, but are more climate and conditional as an industry to supply conditions, spot contract terms, sentiment, basically what I am saying is that it is very factor-dependent on how it performs. I plan to sell when factors turn unfavorable to tankers and/or identify the peak of their rate contracts in order to know when to sell rather than a number.

Big tanker stock numbers are not helpful in the slightest to know when to sell, the ATH is too large from FRO for example to say "well, once it goes there I sell" or any arbitrary number. Hell, it could beat it if this oilmageddon lasts a year somehow, who knows. Which is why I will continually be monitoring market conditions that affect oil and tankers to make my decision rather than stock performance. I have no expectation to what number it will hit, I just expect "up" and will ignore said number decision-wise until market looks like it has run out of max optimism for raising the price. This can be sometime near the end of Q2, can be Q3 (most likely), or Q4 and beyond if the world dopes hard in fixing this oil crisis.

That is in the scenario of "positive reception." My other alternative is "if nothing rises by early June to a respectable level and tanker sentiment/global supply looks like it might recover, sell after collection of any divvies I yet to collect."

What I do with said money after depends on market conditions.

[Anonymous No.18943501]

>>18942983
Thanks for the thorough answers.
That's what I felt should occur with the thread.
The ocean and ships are very "comfy”, especially its just you and the waves. Sorta funny how humans don't have more of an intrinsic fear to water, especially the ocean.
>>18943140
Shale drillers increasing production would be a major problem. But one thing I've had on the back of my mind is the fact that shale is a different breed of oil drilling entirely, it’s easier for shake drillers to open up new wells, close wells, and open old ones again (think weeks instead of months). This has given US shale the advantage over traditional/old oil wells. Considering that the oil glut got this bad due to geopolitical bickering over oil, I have a good feeling that non-US (primarily Russia and OPEC) oil producers are keeping this in mind are planning a contingency plan or just lying from the get go about oil cuts. Remember that a resurgent US oil presence (shale) disrupted the global oil market. US shale has more enemies than allies in this fight. A quick oil recovery just seems ludicrous, considering all the factors, political or economic.

[Anonymous No.18943549]

>>18943501
That's already happening. I posted a story earlier about Iraq not following through with the cuts they promised.

[Anonymous No.18943658]

>>18943428
Just don't greed and hold too long man

[Anonymous No.18943659]

>>18943501
>Sorta funny how humans don't have more of an intrinsic fear to water, especially the ocean.
I have a fear of large open waters personally. My worst fear is being alive long enough to sink to the bottom.

[Anonymous No.18943794]

>>18943501
Just me and the waves is exactly what I want. Just nothing around but the body of water, the sun, and the wind. I also love storms, but I don't plan to literally sail around the world just sort of go about or chill where I wish so can weigh anchor near shore and be mostly alright. But some humans do fear the water. I fear swimming in the ocean where it is a bottomless pit, not because I fear water but because unironically I fear sea monsters. But I am fine on a boat or swimming where it isn't too deep. But generally I never fear water. I fear what is in water. Not even sharks funny enough, but just a sense that things MUCH larger can be around.

>>18943658
I would only be greedy with feet! I am not seeking a maximum profit number, I am just hunting for conditions is all. I will be much happier at higher numbers, but if things look like it might be turning then I have no choice to sell even if I was high and wanted it to go higher. At least share a good number of shares, I can always keep a few running.

[Anonymous No.18943802]

>>18943659
Didn't want to sleep tonight anyway thanks anon

[Anonymous No.18943922]

All you guys investing in tankers who fear the deep ocean, c'mon guys

Try swimming in the atlantic near the intercoastal waterways, the water is basically opaque gray in a lot of places and often land is so far it's just a strip on the horizon

All sorts of shit lurking in those waters. Most I worry about is getting stung by jellyfish, had that happen several times and it sucks

[Anonymous No.18943939]

I've never been scared of the ocean. I'm scared of flying though. And space. Never understood why people romanticized that stuff.

[Anonymous No.18944007]

>>18943549
Yeah, I read that story. My gut feeling is that OPEC and Russia are feeling through the crisis softly right now. All they're doing is play acting as the complaint but inefficient oil cartel (justification for Iraq not cutting was due to an inability to decide restrictions). IMO they're still playing nice with US shale, they want it dead and buried, not given a flesh wound. Many OPEC countries can only compete w/ US shale because they have an economy of scale. They lose that and the nimbler US shale will move in. Any country that loses market share to US shale will most likely never get it back. My theory is that all that has passed in this oil war was the opening salvos, nothing more. I may be wrong but I think oil is going to be very cheap for a long time and that US oil, along with the oil industry in other countries, is going to be gone, partly-nationalized or completely nationalized before this is all over. Perhaps this is what you're thinking as well.
Here’s an article to illustrate the geopolitical side of this. Honestly, the fun might just be starting. I could be wrong though.
https://oilprice.com/Latest-Energy-News/World-News/US-To-Withdraw-Patriot-Missiles-From-Saudi-Arabia-Over-Oil-Dispute.html

[Anonymous No.18944116]

>>18943922
Hey, that is why we come prepared! I am not afraid of water, but stuff in it, and that is reasonable! What makes a lover of the ocean and a sailor isn't simply being willing to tread water where you can't see the bottom, but the willingness to be there! You have to prep, and I like to prep! I want to be there fully ready with a vessel I have pride in, ready to conquer and make myself at home with the waves! Just because I rather be there on a ship than swimming in the water doesn't make me any less qualified as captain! I like to have an edge and be fully prepared at all times for my environment rather than be vulnerable.

[Anonymous No.18944148]

totally capitulated at the bottom today, 200 stocks of FRO and 200 of DHT. Take your dividends and shove em

[Anonymous No.18944161]

>>18944148
Show proof

[Anonymous No.18944221]

>>18944161

[Anonymous No.18944272]

>>18944221
You're a bitch and have a baby dick.

[Anonymous No.18944277]

>>18944221
Why? It's basically assured that this stock will go up, and even if it crabs for a month in the meantime, you have so much of this stock that you will get a nice cut of divvies to ease the pain.
Why just fucking throw it away like a loser?

[Anonymous No.18944287]

>>18944148
Now explain yourself. Why the hell would you do that NOW?

Divvies coming. More neg oil coming. Record breaking Q1 and Q2 already coming in even better.

What are you thinking? Anything that doesn't make you rich in one week you drop?

[Anonymous No.18944290]

>>18944116
Also one of the best things is that girls don't wear shoes on boats.

I can't say for tankers. I doubt there are many girls on tankers to begin with.

[Anonymous No.18944314]

>>18944287
30% loss is my limit. If it dips below my sell price I might buy back in. If not who cares

[Anonymous No.18944343]

>>18944314
YOU JUST THREW AWAY 30% WHEN YOU COULD HAVE LOST LESS OR MADE PROFIT JUST BY HOLDING A COUPLE WEEKS

[Anonymous No.18944380]

FUCK GOLDMAN
FUCK FIDELITY
FUCK MARKET MAKERS
FUCK ALGOS
FUCK REDDITORS

[Anonymous No.18944388]

>>18944343
I don't think they will go back up, I think they will go back to the low levels they were trading that before fake hype about storage problems. Trump is letting them store it in caves, STUPID

[Anonymous No.18944411]

>>18944290
I didn't even have my mind there until SOMEONE decided to bring it up! Makes me want to invite girls onto my future boat now for sure.

And...pretty sure no girls are on tankers. Unfortunately. But if there were, probably barefoot if not in cold places! Trapped out at sea for months with a tanker full of barefoot girls making money on tankers...wonder if someone is lucky enough to exist like that in the world. probably not.

[Anonymous No.18944413]

>>18942801
1. new thread erryday
2. https://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/tanker/
http://www.crweber.com/
3. thumbnail has to be ship/pirate themed, i get so pumped when i see pirate of the carribean type tanker threads
4. Reading Guns, germs and steel but right after i'll read it
5. super bullish. fundamentally this is a win for the anons, i've thought about doing a huge write up to pump the shit out of tankers on reddit, stocktwits, discord etc so we can short squeeze the mm who's fucking us. The fact that if any of these stocks liquidate and the investors get 2x return is absolutely retarded.

thank you for your service op, these threads have been a safehaven in the frequent mental breakdowns that occur. you're doing gods work. i honestly feel like i'm getting to know the people in these threads better then I know my own friends. GODSPEED. conspiracy anon checking out.

[Anonymous No.18944414]

>>18944388
>fake hype about storage problems
K. Bye.

[Anonymous No.18944422]

>>18944388
The tankers are contracted. With contracts. The contracts are made months in advance and cover months, so once they get it the money is guaranteed. They are earning literally 3-10x the norm. Fatter contracts than normal, flowing like... like oil.
How could you just leave it on the table? You couldn't even wait for the divvies to at least pad the loss?

[Anonymous No.18944530]

>>18944277
>>18944221
>>18944148
Seems like you got memed on by retards in the threads talking shit about Tankers
It's a long hold nigger

[Anonymous No.18944548]

>>18944530
I held them as a very small hedge against the rest of my oil stocks(which are doing spectacular, 2x in some cases).

[Anonymous No.18944550]

>>18944314
>>18944388
I feel so bad for you. I hope you find some profits and aren't out of tankers when things moon.

>>18944413
Conspiracies are based, but I actually feel friendly with the anons of this thread too. I like everyone here, and I want us all to profit together. Except the shills, they can rot at the bottom of the ocean.

It has helped my mental health too, I simply can't wait for when things start panning out and it is a pure party in here.

[Anonymous No.18944569]

>>18944548
This guy is so screwed

[Anonymous No.18944578]

>>18944548
I'm glad you're still doing well for now but you shot yourself in the foot champ

[Anonymous No.18944705]

>>18943659
Can you swim? If yes, is it a fear of running out of energy? getting pulled under by some type of Cephalopod or other creature?
My digression into your fear aside, what I was think when I wrote intrinsic was like a cat, or like an innate aversion to any sufficient body of water, regardless of any preconceived notions about water. I know that's funny to say, but how many humans have drowned over the millennia? Why don't we have a stronger natural aversion to water? Man naturally preforms poorly in an aquatic environment. As a whole, instead of fearing the water, mankind has romanticized the ocean and bodies of water, or exploited them. Granted, that romanticized image can be quite tragic. Funnily enough more people fear the creatures under the surface more than the water itself. I count myself among those who fear the creatures more than the water. But the water is more likely to kill me. Is comfort around water acquired, innate, due ignorance, or due to confidence? Or a mixture? Maybe just because we’re intelligent or maybe due to something metaphysical. Your fear sounds almost existential in nature. Do you think the bottom is pitch black? is it a fear of isolation at the bottom? or just a fear of the pressure and the fluid in your lungs? IDK where I’m going. Also, confidence being differentiated from ignorance by the fact that a person knows the dangers of water but believes in their capabilities.
>>18943794
Ditto, see above.
>>18943939
I think they all might be related in some way. Habit breeds comfort. Did you grow up around water? Visit a lake or pool a lot? Are you a frequent flyer? Never flown? Space of course is completely foreign and the concept of it invokes many existential fears in man. It is somewhat similar to the deepest depths of the ocean.

[Anonymous No.18944714]

>>18944550
Totally agree, the shills can go fucking die in a hole. A lot of these people don't understand that is a value investment and not a $MVIS pump and dump. There is actually something to be had here, not just a ponzi scheme designed to take 55% of retails money and put the other 45% into wall streets pockets. I mean look at $USO, those fucking morons literally just gift wrapped 500 mill and handed it over to wall st. If that's the average intelligence of the bears who got burned by tankers already, then I'm willing to stake a decent portion of my net worth on this trade and ride it out. The people who FOMO'd and bought options on this sector are unintentionally screwing over everybody. This whole thing has just got me so pissed off, even though I've been right since the beginning. Thanks for listening to my rambling anon.

[Anonymous No.18944759]

>>18944714
What's wrong with buying options?

[Anonymous No.18944777]

>>18944705
It's probably the combination of the unknown and the loss of control. Now that I think about it, being in space is a lot like diving. You're in an environment that will kill you in seconds, your life is at the mercy of technology, if it fails you have no control at all and you're completely alone.

[Anonymous No.18944838]

>>18944422
curious, I bought DHT monday this week
Will I get divvies as well or is this a 60 day type of thing?
also is it like 5% or something?

[Anonymous No.18944876]

>>18944838
DHT's divy is 8.0
EURN's 3.49
NAT 5.0
STNG 1.88
FRO a whopping 19.0
I think you will qualify because most people here haven't been holding months either

[Anonymous No.18944884]

>>18944838
dumb redditors that dont know how to look up an ex date don't deserve to make money

[Anonymous No.18944940]

>>18944884
not a rebbitor, just a bizlet

[Anonymous No.18944949]

>>18944838
You need to hold it on May 18 to get the dividends

[Anonymous No.18944964]

>>18944411
Sorry anon, was just messing with ya

[Anonymous No.18944980]

>>18929459
based and disarmament pilled

[Anonymous No.18945075]

>>18944759
I'm the conspiracy anon that's talked about this extensively in many places but the TLDR is that market makers are going to continue to give options investors maximum pain (https://www.investopedia.com/terms/m/maxpain.asp).). MM's will drive the stock price into the ground for every covered call they sold to not fulfill their obligation because they know the value of these shares is amazing. They're also going to continue pile driving until they can squeeze every coin out of every paper hands retail trader so they get a haircut on the shares and have more control. you're never going to be successful (if it's a small cap like tankers) buying options (exception being spreads, condors, calendar, butterflies, strangles and straddles). theta gang always wins in the end.

[Anonymous No.18945147]

>>18944705
here is my theory about water vs. what is in the water: With just water, you can control your own fate. You can swim, you can float, you have agency. Water is only as dangerous as you have allowed it to be. But with what is in the water....that is outside of your control. You have no say, no limitations, nothing to curb the dangers of that. It is all about personal agency and control.

>>18944714
No problem, honestly I agree with most of what you said. Except long term optioners. Anyways, I personally dislike them anyways since you don't own an asset behind them, it is temporary and pure paper that may or may not bring money. I only believe in this due to the underlying asset, and the asset is so strong that it must go up eventually. Not like USO like you mentioned which was flaming and burning and dying, kek.

>>18944964
It messes with me quite a bit! not that I mind. Even if your apology is totally insincere given what you posted. You really are going to mess me up if you keep hanging around these threads every day though.

[Anonymous No.18945160]

>>18944876
Where'd you get that $FRO divvy from?

[Anonymous No.18945166]

>>18945160
Robinhood lists their dividend as 19.656

[Anonymous No.18945184]

>>18935753
I think it's reverse FOMO psychology. People anti-shill if they're afraid they lost out on an opportunity. Not to move the stock down but to ease their own anxieties. It's a lot like how homebuyers will all shill homebuying to ease their doubts about massive mortgages. Then you get hit with the same lines ex. rent is throwing away money, real estate only goes up. Read this book if you want to learn. It's the redpill on Rent vs. Buying.

[Anonymous No.18945208]

>>18944876
>19
Come again!? I'm sorry, but I am going to need extra special sauce on that one.

[Anonymous No.18945219]

In the recent Investor’s Edge podcast on share repurchases Hugo said the return to shareholders policy committed EURN to returning 80% of earnings between share buy backs and dividends. At least half will be dividends - other half can be either.

On buy backs, Hugo is concerned about setting a precedent that they will put a floor in the share price if they buy back shares every time they pull back. They must declare within 5 days of making share repurchases - Belgian law - so they cannot hide repurchases until the end of the quarter. They want to see weakness in the share price for some time before buying back shares. But it’s permanently weak so this statement doesn’t make much sense. J pressed him on this but it didn’t really stick unfortunately.

Then they also have a 30 day period prior to releasing their numbers where they can’t buy back share. So seems they effectively have 60 out of 90 days each quarter to buy back shares.

He also went on to say shareholders voted down the option to buy back more shares. If I heard correctly the existing 2-3 year program is coming to a close and they’ve asked for a 20% buy back authority and this was knocked back. Hugo said the shareholder agencies will agree only to 10% of outstanding shares. For the record Hugo stated he is very disappointed with this and urges shareholders not to listen to these agencies.


1. SHARE BUYBACKS ARE A SCAM
2. MARKET MAKERS DON'T WANT TO LET THEM DO SHARE BUY BACKS

[Anonymous No.18945230]

>>18936314

When this shit moons we all get shitfaced on rum and ARRpost on biz

[Anonymous No.18945253]

>>18945147
Can tanker girls wear socks and thighhighs?

I'd vote yes. Just no shoes unless absolutely necessary.

[Anonymous No.18945304]

as a tankerchad i find myself at a dilemma
do i sell after may 19th when wti goes freefall again or do i sell after the next q1 earnings when tankers report their astronomical boost in revenue?

[Anonymous No.18945312]

>>18945147
>>18945253
Ofc my pic didn't attach

[Anonymous No.18945325]

>>18945304
>sell
Tankers collect the divvy booty, landluber

[Anonymous No.18945358]

>>18945230
100% down as I said. I will love it.

>>18945253
>>18945312
Can't let me catch a break. But, I think socks and thighhighs should definitely be allowed! They help increase morale just as much as being barefooted, and have a pleasing aesthetic. I actually like shoes too honestly, but we are at sea and there is nothing special about that. Plus why shoes when don't have to? The real question is if flip flops are allowed or not.

[Anonymous No.18945455]

NEW THREAD

MEW THREAD

NEW THREAD

>>18945443

>>18945443

>>18945443

>>18945443

v

[Anonymous No.18945516]

>>18945358
I don't see why not.

Just so you know, as captain you're gonna be responsible for your crew's health and safety, so I hope you realize that means inspection of them and their gear.

Having a bunch of girls walking around barefoot and in socks on a ship, you better be ready to inspect a lot of soles and worn socks and thighhighs anon

It comes with the job

[Anonymous No.18945592]

>>18944705
It's actually a fear of what's in the depths. That and being swallowed in a pitch black hostile environment filled with the creatures

[Anonymous No.18945641]

>>18942801
https://www.youtube.com/watch?v=rjgwjKiSXWo

Consider putting this in OP

[Anonymous No.18945768]

>>18945592
Makes sense. Fear of the unknown.
>>18945641
Will consider.

[Anonymous No.18945783]

>>18945166
Your div yields are kinda fucked up, check nasdaq for better results and historical data. Also, technically you can't calculate what they're gonna be for the future because we don't actually know what's going to happen, tankers are super volatile so divvies aren't predictable. It could 1/2 those numbers or 2x them. However, I'm certain you're correct in assuming the div yield will be those percents or higher.

>"For the first quarter of 2020, the Company [DHT] will return $51.4 million to shareholders in the form of a cash dividend of $0.35 per share, payable on May 26, 2020 to shareholders of record as of May 19, 2020."

Let's get theoretical for a moment (These quarterly divs are complete bullshit by the way, i'm just making guestimations):

>Q1 Div: 0.36 confirmed
>Q2 Div: ~0.70?
>Q3 Div: ~0.40
>Q4 Div: ~0.20

Assuming you buy in at 6.62, by the end of Q4 your div yield [DHT] is 25.07% plus whatever growth. Thats fucking nuts!

Let's check $FRO.

>Q4 19 0.40 confirmed
>Q1 0.45 (assuming the div is like DHT)
>Q2 ~0.90
>Q3 0.40
>Q4 0.20

24.80% div yield if you bought in at 7.89 for $FRO!!!!

This is why I hate arguing with bears on this sector. Call me an optimistic retard but the upside is astronomical with share prices this low. I mean, the time charters have literally already been locked in! They cannot back out, the company is already generating money into Q2. To top it all off, tanker analysts think that I might even be lowballing the quarterly dividends. If you buy in now you're literally guaranteed 1.6x in cash the amount of shares you bought, and that's at the bare minimum. It could easily be 2x, maybe even more with growth factored in. AND we're trading 0.6x the net asset value for stocks like $STNG. I don't even know what to say anymore ¯\_(ツ)_/¯

[Anonymous No.18945787]

>>18944578
>>18944548
https://www.youtube.com/watch?v=rjgwjKiSXWo
you're fucked holy shit

[Anonymous No.18945805]

>>18945184
this is actually based and redpilled

[Anonymous No.18945943]

>>18945805
Thanks. On many metrics you'll find SP500 actually outperforms real estate in the hottest cities. Definitely depends on your buy in date but the point is the picture is not as clear as homeowners like to shill to you. The people who actually win from RE are politicians and those who facilitate the transactions. Boomers just love RE cause it's a forced savings program, (mortgages) but with discipline you can use the same payments towards an index and get more. And you don't have to spend so much time and money fixing your house, which will break down in 100 ways. Unless you're good with tools this is a major headache.

And never trust a product that "can't go down." In the long run things can always move up, but always in cycles and supercycles with downturns. Otherwise it's just another bubble.