/tsg/ Tanker Stock General

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/tsg/ Tanker Stock General Anonymous Wed May 13 15:22:35 2020 No.19068837 [Reply] [Original]

The water's fine, let's go for a swim edition

>Highlighted links
https://pastebin.com/yQQiZcTL
https://seekingalpha.com/article/4343722-talking-tanker-trade-podcast
https://seekingalpha.com/article/4347044-opportunities-in-tankers-interview-praetorian-capital

> Tanker 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://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/tanker/
https://www.euro-maritime.com/index.php/navigator?id=3080

>Maritime news
https://lloydslist.maritimeintelligence.informa.com/
https://www.marinevesseltraffic.com/2013/02/tanker-track.html
https://www.freightwaves.com/american-shipper
https://shipbrief.com/
http://www.crweber.com/ (no https)
https://pastebin.com/HpGZm3dG

>Companies
https://pastebin.com/TnN1aeQz

>Oil news
https://www.eia.gov/outlooks/steo/report/global_oil.php (look at that V, lol)
https://oilprice.com/Energy/Oil-Prices/
https://www.spglobal.com/platts/en/commodities/oil
https://www.rystadenergy.com/newsevents/
https://nhentai.net/tag/oil/

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

>Past earnings reports (alphabetical)
ASC: EST EPS $0.14, actual $0.20.
DHT: EST EPS $0.54, actual is $0.44 (divvy of $0.35).
EURN: EST EPS $0.86, actual $1.05 (divvy of $1.10).
INSW: EST EPS $1.45, actual $1.49.
NNA: EST EPS $0.00, actual $0.94.
OSG: EST EPS N/A (Q4, 2019 was $0.12)., actual $0.28.
STNG: EST EPS $0.49, actual $0.82.

> Earnings report(s) expected today
None. If I’m wrong, enlighten me.

> Upcoming earnings reports calendar
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

>Another important date
May 19th, 2020 (you know why)
Keep an eye on the 14th, 15th, and 18th of May too.

Previous thread:
>>19060828

>>	Anonymous Wed May 13 15:24:24 2020 No.19068898 first for oil dragon dildos

>>	Anonymous Wed May 13 15:24:35 2020 No.19068905 >>19068837 First for FUCK Brandon

>>	Anonymous Wed May 13 15:24:56 2020 No.19068916 Third for we're all gonna die

>>	Anonymous Wed May 13 15:25:09 2020 No.19068925 File: 31 KB, 128x128, 1581986424992.png [View same] [iqdb] [saucenao] [google] >>19068837 That image perfectly encapsulates our struggles, kek. Absolutely perfect.

>>	Anonymous Wed May 13 15:25:19 2020 No.19068928 File: 231 KB, 1300x1525, Brandon Destruction.png [View same] [iqdb] [saucenao] [google] Brandon still doesn't understand how dividends work. NO MORE TALKING TO HIM.

>>	Anonymous Wed May 13 15:26:01 2020 No.19068943 >>19068916 >we're all gonna die Eventually, but not right now.

Anonymous Wed May 13 15:27:14 2020 No.19068971
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Reminder to Filter institutional anti-shills, reply with screenshot proofs of samefagging, Oil Anon`s 10 rebuttals, and to keep thread on topic of tankers.

Pic related, nice little wedge formation happening, predicting explosive movement in very near future. We all know which way that is.

>>	Anonymous Wed May 13 15:30:56 2020 No.19069072 File: 507 KB, 849x1200, 74471631_p0_master1200.jpg [View same] [iqdb] [saucenao] [google] >>19068976 Anon, why do you do this to me. I am already working and would work all day and night if I had to.

>>	Anonymous Wed May 13 15:31:39 2020 No.19069089 This has got to be the biggest cope general thread on 4chan, like what the fuck cut your losses and move on. It's not the end of the world.

>>	Anonymous Wed May 13 15:34:35 2020 No.19069155 >>19069089 You're right, the futures roll is gonna be terrible for tankers.

>>	Anonymous Wed May 13 15:35:10 2020 No.19069170 File: 399 KB, 553x691, 1582242719071.png [View same] [iqdb] [saucenao] [google] is this it? have we finally hit support?

>>	Anonymous Wed May 13 15:35:32 2020 No.19069179 COLD

Anonymous Wed May 13 15:35:59 2020 No.19069189
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>>19069072
Anon if you're seriously expecting to keep the feet of an entire tanker crew of girls clean, you have your work cut out for you

That's an around the clock job

>>	Anonymous Wed May 13 15:36:00 2020 No.19069190 >>19069179 DEAD

>>	Anonymous Wed May 13 15:36:08 2020 No.19069195 >>19069170 i think everything is out the window until It Happens

>>	Anonymous Wed May 13 15:36:12 2020 No.19069197 >>19069179 DEAD

>>	Anonymous Wed May 13 15:36:24 2020 No.19069202 >>19069190 HANS

>>	Anonymous Wed May 13 15:37:03 2020 No.19069219 File: 148 KB, 1280x1028, 1537949798980.jpg [View same] [iqdb] [saucenao] [google] [HATE TANKERS]

>>	Anonymous Wed May 13 15:37:21 2020 No.19069229 >>19069202 poor hans

>>	Anonymous Wed May 13 15:38:48 2020 No.19069258 File: 86 KB, 640x853, 92c6c7259c4140ebc9a735a713f39110.jpg [View same] [iqdb] [saucenao] [google] >>19068837 Comfy divvies and good returns will come to you, but only if you reply "HOLD ON SEA CAT" in this thread

Anonymous Wed May 13 15:39:02 2020 No.19069261

this may be even bigger than any of us realize
remember when they wanted us to hate the saudis so they wouldn't stfu about those tankers?
well now the tankers are HERE and they aren't saying a word about them
in fact, i haven't heard a single thing about oil AT ALL recently
there is no way they don't know the 19th is coming and what's going to happen
there is no way they don't know the saudis are out there trying to unload
there is no way they don't know oil is fucked

Anonymous Wed May 13 15:39:45 2020 No.19069279
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Quick summary of what some of the companies cover.
>DHT
Total Fleet: 27
Focus: Crude Oil
>Eurn
Total Fleet: 75
Types: Crude oil, offshore
>fro
Total: Fleet 69
Types: Crude Oil
>nna
Total: 46
Types: Crude Oil, Product (Petro), Chemical
>stng
Total: 138
Type: Product
>tk (includes tnk, tgp, too)
Total: 130
Type: Crude Oil, Product, Natural gas, offshore
>tnp
Total: 58
Type: Crude Oil, Product, Natural gas, offshore

>>	Anonymous Wed May 13 15:40:03 2020 No.19069286 >>19069258 HODL ON SEA CAT

Anonymous Wed May 13 15:40:14 2020 No.19069293

>>19068971
Not a big meme line guy, but it looks like signal line for XLE and XTN has crossed the MACD today. They're way overextended and have been due for a correction, I wouldn't be surprised if we retest April 20th lows. Algos are going to start puking up shares and buying tankers.

And as we all know the fundamentals have lined up perfectly this week for a huge surge.

Overall the tea leaves are telling me bullish next two weeks for tankers.

Anonymous Wed May 13 15:41:52 2020 No.19069337
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>>19069189
I can function with 4 hours sleep, I don't mind. If the price for maintaining my crew's health standards to par is not having any time to myself aside from actually captaining the ship, then it is a small price to pay. I fully expect to keep the entire crew's feet clean, and I will stay under each and every pair until my work is done.

>>	Anonymous Wed May 13 15:42:44 2020 No.19069356 >>19069293 hopium is at an all-time high what happens to hopium when it encounters reality

>>	Anonymous Wed May 13 15:44:25 2020 No.19069400 >>19069197 HANDS

Anonymous Wed May 13 15:45:27 2020 No.19069429
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Let us pray.
Praise be to Lawrence myrock, who trains my hands for holds, my fingers for divvies. He is my loving Boomer and my fortress, my stronghold and my deliverer, my shield, in whom I take refuge, who subdues Brandons under me.
AMEN

Anonymous Wed May 13 15:45:31 2020 No.19069431
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>>19069258
HOLD ON SEA CAT!

>>19069261
I noticed this too. Not a word about any oil price expert, any analyst, nothing. No one has been brought onto CNBC for it in like over a week.

>>19069293
Good, good.

>>	Anonymous Wed May 13 15:48:07 2020 No.19069487 File: 334 KB, 969x1551, Lawrence Carrol legend.jpg [View same] [iqdb] [saucenao] [google] >>19069429 BASED AND TANKER PILLED >>19069258 HOLD ON SEA CAT

>>	Anonymous Wed May 13 15:48:19 2020 No.19069492 >>19069258 >HOLD ON SEA CAT Aye lads, we’re gonna make it. Hold fast

>>	Anonymous Wed May 13 15:51:28 2020 No.19069564 >>19069258 HOLD ON SEA CAT

>>	Anonymous Wed May 13 15:54:34 2020 No.19069647 I only lost $23.11 today. not bad guys FRO EURN DHT TNK all up OSG losing me money hard right now. and facebook

>>	Anonymous Wed May 13 15:54:47 2020 No.19069653 >>19069356 STNG has rallied 9% today and if it goes another 15% my put credit spreads are saved

Anonymous Wed May 13 15:55:34 2020 No.19069669

Based tanker expert Calvin does interview on tankers

https://www.youtube.com/watch?v=N7l2HEkpsiQ

Here's an interview with J metz, Bloomberg's top tankerguy.

https://seekingalpha.com/article/4343722-talking-tanker-trade-podcast

>>19069293
Good news, I don`t like meme lines on their own too. I use fundamentals as my locator and memelines as a triangulation. If they both point to the same spot, my money will be there.

>>	Anonymous Wed May 13 15:56:28 2020 No.19069694 File: 103 KB, 1182x1292, Screen Shot 2020-05-13 at 3.54.46 PM.png [View same] [iqdb] [saucenao] [google] what is this pattern called?

>>	Anonymous Wed May 13 15:56:58 2020 No.19069708 >>19069694 Ghost of Futures Past

>>	Anonymous Wed May 13 15:57:49 2020 No.19069729 >>19069694 Drowning

>>	Anonymous Wed May 13 15:59:32 2020 No.19069771 >>19069694 Triple bottom incoming (Mid may and mid june)

Anonymous Wed May 13 16:03:46 2020 No.19069871
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>>19069258
HOLD ON SEA CAT

Bought some more TNP today bros; didn't quite get the dip, but I still managed to average down my position 0.30 which I am very happy about. EURN Eurostock and INSW seem to have held their own pretty well, all in all a decent day. How did you get on?

Anonymous Wed May 13 16:06:45 2020 No.19069937
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>>19069871
Did the same with TNP, almost back to breakeven. Though the seas might be rough, there’s clear skies on the horizon bros. We’re gonna make it.

>pic related

>>	Anonymous Wed May 13 16:07:36 2020 No.19069961 can we add the dividend ex and payout dates to the OP? dividend dates are important please

>>	Anonymous Wed May 13 16:08:22 2020 No.19069976 >>19069871 Like a new idiot, I just invested everything at once on the 4th. So most things are at a 10-15% loss. That's how the stocks do. Gotta learn somehow.

Anonymous Wed May 13 16:13:53 2020 No.19070091

>>19069937
That's excellent anon, i'll likely buy more tomorrow and try to average it down further - well done!

>>19069976
Happens to everyone, you'll learn from it. Doubt it'll matter in the end, everyone will be dug out of their hole in the next couple few weeks.

>>	Anonymous Wed May 13 16:22:21 2020 No.19070313 guys. cushing reports only at 81% storage capacity so no oilcrash next week?

>>	Anonymous Wed May 13 16:22:56 2020 No.19070327 >>19069961 bumping

>>	Anonymous Wed May 13 16:23:25 2020 No.19070345 File: 34 KB, 184x184, 1583294605494.jpg [View same] [iqdb] [saucenao] [google] >>19069708 Kek. Nailed it.

>>	Anonymous Wed May 13 16:27:48 2020 No.19070453 File: 105 KB, 600x800, 1475077958827.jpg [View same] [iqdb] [saucenao] [google] >>19070313 Especially if the Royal Twitter account tweets oil demand soaring in the coming days

Anonymous Wed May 13 16:30:12 2020 No.19070514

>>19070313
OPEC cut its demand estimates even further and the EIA reports were manipulated bullshit (for example they deliberately excluded the saudi tankers trying to offload and being forbidden to do so in the report, then pretended the reason they didn't add them to the report was that the boats transporting the oil to shore were out of gas to perform the transport).
Cushing is full, saudis are here, demand is going to be even lower than expected, iraq's not cutting, futures are expiring, and nobody knows who's buying them, with nobody having any storage to share onshore. How would it not moon? Oh wait, clown market.

>>	Anonymous Wed May 13 16:30:42 2020 No.19070525 File: 128 KB, 952x465, tankerchads13may.jpg [View same] [iqdb] [saucenao] [google] All tankers in the green except OSG. I hope you accumulated enough for the ride up.

>>	Anonymous Wed May 13 16:31:39 2020 No.19070546 >>19070313 Ask yourself whether that space is already leased. Ask yourself if their operating storage is less than their purported total storage. Then ask yourself if it even matters if you're talking about tankers.

>>	Anonymous Wed May 13 16:33:33 2020 No.19070589 >>19070525 TK (owner of TNK) also red. I expect tankers to go back down at least one more time but I'd be very surprised if they're still low by the 20th.

>>	Anonymous Wed May 13 16:33:42 2020 No.19070592 >>19070525 >I'm bagholding OSG at a cost basis of 2.21$ / sh >sea cat

Anonymous Wed May 13 16:34:16 2020 No.19070601

>>19069669

Taking notes:

>Deutchze bank analyst recommended EURN to go private; markets not giving them a fair shake
> EURN has one of the best balance sheets and fleets in whole energy sector; has unfathomable cash buffer
>STNG CEO to stop buying or selling calls; perceived as damaging confidence prior
>CEO's mother purchased 2million in stocks, have had a strong record of buying and selling at the right time
>STNG higher risk reward than EURN, but confident that they'll do well for next few years; trading below 50% NAV
>No buybacks in near future, but "meaningful" debt reductions incoming
>STNG focused on weathering potentially turbulent market conditions, will make massive Q2 cash off LR2's 150k/month rate. ( Can have lr2 do 1 voyage per year at this rate and still turn profit)
>STNG has a practically new fleet; in global recession, they're at huge advantage
>STNG CEO considering releasing monthly info to educate shareholders, public misinformed about STNG and tankers. (Tankers ARE NOT INVERSE WTI, but is traded as such. Industry is extremely complicated)
>Bear case: Rates won't stay high forever, ships will be idle. demand will be destroyed in future, Bull response: valuations already very low, near bottoms of BEFORE tanker rates skyrocketed, Q12020 225 million profit with market cap of 2 billion. Debt load 1.6 billion, 1 billion in LIQUIDITY. Ridiculous numbers not valued in yet.
>Future disruptions not priced in that could potentially spike cashflows again. Watch for oil glut on 19th of next 3 months at the very least.

1/2

>>	Anonymous Wed May 13 16:34:59 2020 No.19070618 Can we get an anime drawing of Sea Cat? i can't draw for shit

Anonymous Wed May 13 16:37:04 2020 No.19070661
File: 1.05 MB, 1000x664, Saint Carroll.png [View same] [iqdb] [saucenao] [google]

>>19069258
HOLD ON SEA CAT
>>19069429
May Carroll watch over the tankers and assure their safe keeping.
>>19069961
Depending on how things go, sure. It'll probably be in a pastebin under tanker education section if I do end up making one. If that never occurs, just go to the most recent earnings report of the tanker company you hold and find it there.

>>	Anonymous Wed May 13 16:42:44 2020 No.19070790 >>19070514 how would it not moon? i expect it to go down like obamas reputation. i shorted the living daylight out of wti

Anonymous Wed May 13 16:44:51 2020 No.19070837

>>19070601
I like how STNG executives are all Italian & British mafia.

In fact I quite like how all tankers are in different mafias:

>Greek mafia
NNA
TNP

>Norweigian mafia
DHT
SFL
NAT

>American / Spanish mafia
INSW

>New England mafia
OSG

>Swedish Kingpin
FRO

>Irish Mafia
ASC

>Canadian furries
TNK

>Belgian boy-rapers
EURN

>American good boys
DSSI

>>	Anonymous Wed May 13 16:49:23 2020 No.19070940 >>19070837 >OSG >New England New York is not New England mate, take that back.

>>	Anonymous Wed May 13 16:55:51 2020 No.19071092 >>19070837 So you're saying EURN rape the good boys of DSSI?

>>	Anonymous Wed May 13 16:58:12 2020 No.19071156 >>19070837 I am a nordic half-canadian half-belgian boy raper while wearing a furry suit

>>	Anonymous Wed May 13 17:07:02 2020 No.19071372 >>19070837 DHT gonna have to carry Norwegian Mafia

>>	Anonymous Wed May 13 17:07:45 2020 No.19071387 >>19071372 What makes DHT the black sheep besides the fact its cheapest and they have a smol fleet?

Anonymous Wed May 13 17:10:03 2020 No.19071447

>>19070940
Their ship management is done out of Newark, DE, but their corporate HQ is down in Florida. They're chillin' with Lawrence Carroll.

>>19071092
Yes, the more I look the more obvious it becomes
>Belgians love diamonds since the congo colonial days
>Diamond S Shipping Inc...
>DSSI has tankers called "Amoureux" (making love to boys), "Aristaios" (greek philosopher who raped boys), and "Pecos" (greek pimp of little boys)

Anonymous Wed May 13 17:11:48 2020 No.19071492

>>19070837
Badass, Tankers are a fun sector

>>19070601

> Oil demand is consumption
> Tanker demand is function of oil exports, not a function of oil demand
>Cushing drawn recently, Oil exports spiked
>Data points to people aren't driving, oil not being consumed
>Saudi Arabia cuts production, but what matters is their export number
>Not refining domestically, shipping oil out for revenue
> Calvin BTFO in January, made all of it back in march
> Dry docking has been put off for months due to covid, there will be a rush of everyone trying to dry dock afterwards; rates for all shipping will spike then
> Tanker industry is highly volatile and can flip on a dime due to large number of macroeconomic factors ex:
>US needs to keep domestic oil production alive, needs to export oil to stay alive. Trade war, US pressuring China to honour their agreement to accept more oil. When sanctions on COSCO (China open shipping company) last year, rates spiked hard. (EURN shareprice $9-$13) during COSCO sanction
>If China doesn't accept oil, COSCO will get sanctioned again.
>Potential for tail risks still possible; Countries can shut down exports completely, but volatility is skewed for bullish case.
>Oil price artificially kept high, Strategic reserve filling, futures trading despite not wanting the physical oil
>Playing Contango long term is not smart. You want oil to be flowing between countries.
> Hedgies acting as dumb money, programmed algos that no contango = sell tankers. Beat to the punch by retail in this sector who realised sector is far more complicated, attracted by valuations too
>Calvin advises risk management: must be able to stay solvent through market irrationality, Global economic situation completely unstable, anything can happen. References WTI contracts blowing people up. Restates the macroeconomics are completely destabilised, and the micros within tankers are unstable. Understand you're playing with fire

>>	Anonymous Wed May 13 17:14:38 2020 No.19071557 >>19071447 Kek

>>	Anonymous Wed May 13 17:15:41 2020 No.19071581 >>19071492 >Understand you're playing with fire EXPLOSION CONFIRMED

Anonymous Wed May 13 17:16:24 2020 No.19071605
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>>19071492
>>19070601
>>19070837

Tankers seem like one of the sleeziest industries to ever exist.

Reminds me of the transatlantic slave trade.. except the tankers cant dump the oil overboard because of environmental regulations.

>>	Anonymous Wed May 13 17:16:53 2020 No.19071614 >>19071605 If you want sleazy, look no further than real estate.

>>	Anonymous Wed May 13 17:18:10 2020 No.19071644 >>19071614 My watch costs more than your car

>>	Anonymous Wed May 13 17:19:26 2020 No.19071668 I have 122 DHT calls and I am JACKED TO THE TITS

>>	Anonymous Wed May 13 17:20:29 2020 No.19071694 File: 35 KB, 220x283, 220px-Wild_Weasels_patch.jpg [View same] [iqdb] [saucenao] [google] >>19071668 I have 4 expiring in 2 days. 2 in June should I buy more calls!?!?!?!?!?!?!?

>>	Anonymous Wed May 13 17:20:54 2020 No.19071702 >>19070837 lol yeah. what's up with that? Why are tankers so corrupt. also isn't bugbee Australian?

>>	Anonymous Wed May 13 17:21:36 2020 No.19071718 >>19071492 Time to see how close we can fly to the sun before our wings melt.

Anonymous Wed May 13 17:22:08 2020 No.19071729

Is LPG (Dorian) considered a tankerchad?
They operate VLGCs. Liquified natural gas. How do you think that market correlates with crude shipping?

How about shore storage / transporters, ET , MMLP etc. (The LANDLUBBERS)?

Just noticed that ET is down 8% today, so I assume they don't correlate with the tanker index

>>	Anonymous Wed May 13 17:23:40 2020 No.19071748 >>19071644 Oh yeah? Well my house costs more than your watch. Take THAT!

Anonymous Wed May 13 17:27:21 2020 No.19071833
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>>19071718
All I ever asked for the opportunity to throw it all on the line and cuck myself in the pursuit of greener days

>>19071605
>Bugbee selling calls on his own stock

>>19071644

>>	Anonymous Wed May 13 17:31:49 2020 No.19071945 >>19071833 Why would someone sell calls on their own stock? sorry im a low iq individual

>>	Anonymous Wed May 13 17:35:02 2020 No.19072016 >>19071945 Thinks shit is overhyped

>>	Anonymous Wed May 13 17:35:40 2020 No.19072028 https://www.ft.com/content/7162c5a8-e12e-48d6-bb71-aa0079d2390d Financial times article released today on Commodity Futures Exchange Commison warning of possible oil price collapse on the 19th.

>>	Anonymous Wed May 13 17:35:52 2020 No.19072035 >>19071945 >sorry im a low iq individual admitting that already elevated you over most itt that worship bagholding

>>	Anonymous Wed May 13 17:36:37 2020 No.19072052 >>19070601 STNG moon drags up the whole sector... R-right Bros?

Anonymous Wed May 13 17:37:29 2020 No.19072069

>>19071387
DHT has solid oil contract. NAT from what I gather is kind of sketch and is the normie pick, they don't have any vlcc's either. SFL isn't that deep in oil (I believe 7 tankers). They are a diverse choice though, the have tankers, bulkers, containers, and off shore stuff. SFL and GOGL split off from FRO.

Anonymous Wed May 13 17:45:25 2020 No.19072229

Been away a few days. Still holding, thinking about getting more tankers. COLD DEAD HANDS

Due to Corona my boss asked me to postpone my extra vacation pay and spreading it over 6 months. Would mean less money to put in stocks in short term which I don't like with the current market movements. Might agree to a 3 month spread though. Point is that I see this more around me and the economy is fucked far more than people think. Bullish for tankers.

Anonymous Wed May 13 17:54:22 2020 No.19072422

>>19071945
Usually it would mean he doesn't believe it's going up, at least until expiration. It depends what the strike is, though. Could also just be a strategy to sell stocks at market price but reduced risk for the seller, thus protecting the stock price. Finally, it could mean belief that it goes up, just not too fast.

>>	Anonymous Wed May 13 17:56:57 2020 No.19072474 >>19069279 Fro has 11 lr2s trading clean products

Anonymous Wed May 13 17:59:32 2020 No.19072547

https://twitter.com/csidetrader/status/1260665677691736066?s=21
> U.S. ENERGY DEPARTMENT SAYS IT WILL BUY UP TO 1 MLN BBLS OF SWEET CRUDE OIL FOR STRATEGIC RESERVE FROM SMALL TO MIDSIZE DOMESTIC PRODUCERS

>U.S. ENERGY DEPT SAYS OIL PURCHASE FOR SPR WILL SERVE AS A TEST OF CONDITIONS OF PHYSICAL CRUDE OIL AVAILABLE TO THE RESERVE

RIP tankers

>>	Anonymous Wed May 13 18:02:53 2020 No.19072631 >>19072474 Your right, everything I saw just mention crude oil but their earning report does mention product tankers. Good catch, I'll fix it.

>>	Anonymous Wed May 13 18:02:58 2020 No.19072636 >>19072547 That represents like 3% of what is currently being unloaded from those Saudi tankers right now

>>	Anonymous Wed May 13 18:04:14 2020 No.19072654 >>19072547 >1 mln bbl That's nothing

>>	Anonymous Wed May 13 18:04:15 2020 No.19072656 >>19072636 Doesn’t matter, it’s going to play in the news and drive up prices and drive down floating storage demands.

>>	Anonymous Wed May 13 18:05:16 2020 No.19072678 File: 36 KB, 460x337, 1429020365223.jpg [View same] [iqdb] [saucenao] [google] >>19072656 meh, more cheapies in that case

>>	Anonymous Wed May 13 18:05:29 2020 No.19072686 >>19072656 It won't make storage not literally full

>>	Anonymous Wed May 13 18:05:37 2020 No.19072691 >>19072656 Buy the dip

>>	Anonymous Wed May 13 18:05:59 2020 No.19072703 >>19072547 they're getting desperate now. Reminder that more and more Saudi tankers are arriving every day that goes by

>>	Anonymous Wed May 13 18:06:39 2020 No.19072724 >>19072547 Where will they store it?

>>	Anonymous Wed May 13 18:06:56 2020 No.19072731 >>19072656 I really hope so, I want to get EURN for $5 and DHT for $1-$2. That would make me rich on dividends alone.

>>	Anonymous Wed May 13 18:07:02 2020 No.19072734 >>19072678 >>19072691 >catch falling knives that are still overpriced nah, if DHT hit 5 dollars or less i’d consider it but even that is fair value

>>	Anonymous Wed May 13 18:07:06 2020 No.19072736 >>19072656 >He doesn't know what's coming

Anonymous Wed May 13 18:07:34 2020 No.19072745

>>19072631
It's one more reason to hold fro. Stng and fro are companies with clean lr2s and its currently a license to print money. I expect people to buy and stockpile things like jet full for long while and be willing to pay shipping premiums given how cheap the fuel will be

>>	Anonymous Wed May 13 18:08:04 2020 No.19072762 >>19072736 What’s coming?

>>	Anonymous Wed May 13 18:08:42 2020 No.19072774 >>19072731 This is sarcasm, right, anon? ??????

>>	Anonymous Wed May 13 18:13:40 2020 No.19072881 File: 35 KB, 975x760, tankerchad_marketCap_May13.png [View same] [iqdb] [saucenao] [google] >>19072052 It looks like it. Here is the sector breakdown

>>	Anonymous Wed May 13 18:15:01 2020 No.19072897 >>19072774 Why would it be sarcasm? Free 50% ROI every quarter for at minimum a year is crazy good no matter how you slice it and the recovery is coming sometimes in the middle. The more depressed the price, the better I end up.

>>	Anonymous Wed May 13 18:17:51 2020 No.19072967 >>19072897 >implying they wouldn’t freeze the dividends if it dropped into penny stock territory get a grip

>>	Anonymous Wed May 13 18:19:33 2020 No.19072996 >>19072967 Not sure if clinically retarded or merely pretending.jpg

>>	Anonymous Wed May 13 18:19:57 2020 No.19073003 >>19072897 They would just buyback as many shares as possible at that price.

>>	Anonymous Wed May 13 18:21:09 2020 No.19073026 STOP REPLYING TO BRANDON

>>	Anonymous Wed May 13 18:21:22 2020 No.19073030 >>19073003 Which is only a good thing if you're invested anywhere near those prices, especially as it means the upside potential just multiplied.

>>	Anonymous Wed May 13 18:23:52 2020 No.19073069 >>19068837 The salt mining in these threads will be glorious on monday when tankers do what they do best and TANK down to the bottom.

>>	Anonymous Wed May 13 18:32:02 2020 No.19073245 This cannot start soon enough Can't stop imagining insane stuff like the whole market going to shit along with oil but the algos trigger crazy tanker buying and the entire market flocks to gains and we see $200 DHT

>>	Anonymous Wed May 13 18:33:06 2020 No.19073269 >>19073069 I'm praying for this. Yum yum free secure money!

>>	Anonymous Wed May 13 18:33:12 2020 No.19073272 File: 2.98 MB, 530x298, dildofactory.webm [View same] [iqdb] [saucenao] [google] It's...still creeping up after hours. >This rally will fail like all the others phase

Anonymous Wed May 13 18:33:44 2020 No.19073285
File: 306 KB, 1529x917, tankerchad_index_N_13MAY.jpg [View same] [iqdb] [saucenao] [google]

Hourly chart for the tankerchad index shows selling momentum slowing.

I can post charts if interested, but the 4hr, daily, and weekly all point to the next buy phase starting...

MAY 19th

>confirmation bias?

>>	Anonymous Wed May 13 18:34:24 2020 No.19073298 >>19071833 >Bugbee selling calls on his own stock I cant believe that shit is legal

>>	Anonymous Wed May 13 18:36:41 2020 No.19073339 >>19073285 Compare that to other after hours, it’s probably the same.

>>	Anonymous Wed May 13 18:39:46 2020 No.19073396 How the fuck did SCO equalize AH? What is this faggotry? Who is holding up this farce? I want my tankers floating in the sea of tranquility.

>>	Anonymous Wed May 13 18:45:11 2020 No.19073482 >>19070837 I know OSG corp dev team well. def not mafia. company was literally ran by gay jewish guy.

>>	Anonymous Wed May 13 18:46:18 2020 No.19073503 >>19073396 When someone thinks they’re smarter than the market it usually means they’re in way over their head.

>>	Anonymous Wed May 13 18:46:42 2020 No.19073512 >>19073482 >gay Selling at open

>>	Anonymous Wed May 13 18:47:28 2020 No.19073521 >>19073396 Too much crabbing today

>>	Anonymous Wed May 13 18:48:32 2020 No.19073535 >>19073285 Based.

>>	Anonymous Wed May 13 19:00:38 2020 No.19073707 >>19073482 Crash it >Sell >Sell >Sell

>>	Anonymous Wed May 13 19:05:49 2020 No.19073791 >>19073285 Always appreciate your charts anon

>>	Anonymous Wed May 13 19:08:49 2020 No.19073854 What we got today was just a taste of what's to come Having no idea of the magnitude of what's coming though makes it impossible to formulate an exit plan

Anonymous Wed May 13 19:10:05 2020 No.19073876
File: 138 KB, 500x500, professional shitpost.jpg [View same] [iqdb] [saucenao] [google]

>>19072547
>1 MLN BBLS

Oh wow. 1 million barrels. That's gonna be really effective.

>>19073285

If you look at STNG today their volume was the same as yesterday but the net increase was over 11%. Whatever euro fag quant algo jew that was crushing STNG backed off today. Today was the reversal, it's moon time.

>>	Anonymous Wed May 13 19:19:31 2020 No.19074048 >>19073876 The bulk shipping partner of stng had to liquidate their 5% shares at the literal bottom because they are desperate for cash.

Anonymous Wed May 13 19:25:24 2020 No.19074155
File: 15 KB, 220x220, 1583554013499.gif [View same] [iqdb] [saucenao] [google]

>>19073285
Anon, please. I just got out of my nap, you are going to have me laughing like a maniac. May 18/19th are the days of prophecy. Cushing will fill then by Saudi tankers, global supply might reach cap right then as everyone estimates mid May and that is pretty mid-May, futures rollover on oil sending prices forever down, and now you are telling me charts and algos are preparing to flip the switch for a reversal that day too?

I don't know how much more perfect storm this shit can get.

Anonymous Wed May 13 19:29:00 2020 No.19074227
File: 339 KB, 1523x921, tankerchad_index_M_Daily_13MAY.jpg [View same] [iqdb] [saucenao] [google]

>>19073876
I think we need at least 1 more green dildo on the daily chart to confirm a reversal. Really looking like 5/18 - 5/19 (next week). I'll post the weekly next

Anonymous Wed May 13 19:36:06 2020 No.19074358
File: 248 KB, 1523x925, tankerchad_index_B_Weekly_13MAY.jpg [View same] [iqdb] [saucenao] [google]

>>19074227
Again looks like early next week a buy phase. This is the big-money weighted index showing the slight increase in volume (stealth accumulation).

Yellow dildos on the ttm_squeeze getting smaller and smaller. 70% of the time this will switch to cyan dildos. 30% of the time it gets shoved back up the ass and turns red again. In that case tankerstocks will not reverse this month.

Anonymous Wed May 13 19:46:01 2020 No.19074548
File: 314 KB, 1533x951, tankerchad_index_B_4hr_13MAY.jpg [View same] [iqdb] [saucenao] [google]

>>19074358
and the 4hr chart. So thats 3 charts showing the weakening bears.
Target for all 3 is $95 for this index on 19 May. No real reversal pattern here yet. All 3 still below both moving averages, so like I said, need more green dildos, especially one that finishes the week (friday) green. Hourly chart >>19073285 ended above short-term moving average, so we'll see if that holds into tomorrow.

The weekend is a good chance for the fake news crew to up the noise about oil storage and FOMO crowd could show up bright and early on Monday.

>>	Anonymous Wed May 13 19:58:00 2020 No.19074773 File: 4 KB, 104x104, 1579539607265.jpg [View same] [iqdb] [saucenao] [google] >>19074227 >>19074358 >>19074548 Wew. here's top hoping for more green dildos, thank you for your analysis anon.

>>	Anonymous Wed May 13 20:06:38 2020 No.19074923 File: 120 KB, 960x720, 1588747410225.jpg [View same] [iqdb] [saucenao] [google] >>19072736 What is coming /Biz? Where will all the oil be stored?

>>	Anonymous Wed May 13 20:07:44 2020 No.19074940 >>19074923 We will pump the oil back into the ground

>>	Anonymous Wed May 13 20:26:30 2020 No.19075274 >>19074923 McDonalds soft drink cups

>>	Anonymous Wed May 13 20:36:04 2020 No.19075423 'Morning all. You guys just race through these threads each day. Here in Aus I find I am always playing catch up, while trying to work from home as well.

>>	Anonymous Wed May 13 20:37:35 2020 No.19075458 >>19075423 That's an amazing image in OP, btw

>>	Anonymous Wed May 13 21:01:45 2020 No.19075871 >>19075423 Sorry ausbro. Where you the guy trying to find out how to invest in tankers?

>>	Anonymous Wed May 13 21:06:42 2020 No.19075942 Currently own shares of EURN, STNG, DHT. If I want to throw in some more cash what's a fourth one I should pick? Thinking TK or FRO.

Anonymous Wed May 13 21:08:51 2020 No.19075982
File: 67 KB, 571x571, 1589322163942.jpg [View same] [iqdb] [saucenao] [google]

>>19075871
I was one of them in the last thread - I have lurked and asked a few questions in the last 4 threads so far.
I saw one post in the last thread that mentioned this: https://tastyworks.com/ and one other place.
I have account with IG. Was thinking of exploring possibilities of CFDs in related ETFs if they exist there.
Cheers

>>	Anonymous Wed May 13 21:10:20 2020 No.19076009 >>19075982 Just use whoever you bank with, all the major banks let you trade international shares, they Jew you on the exchange rate a little both ways is all.

Anonymous Wed May 13 21:11:38 2020 No.19076035

>>19075942
Those are both good picks. Tk is more diverse since it includes tgp, tnk, and too so I would say it's a safer pick. But both are good (if not equal). I have both, personally.
>>19075982
Don't know what cfd's are. Are investments really limited by where you live? You can't just like open a fidelity account and start investing in this shit?

>>	Anonymous Wed May 13 21:17:45 2020 No.19076145 >>19076035 cfd = contract for difference https://www.investopedia.com/terms/c/contractfordifferences.asp popular in uk/europe/australia as brokers don't tend to offer options

>>	Anonymous Wed May 13 21:20:16 2020 No.19076185 >>19076145 If it's based on etfs the only etf I know (SEA) was removed so you out of luck unless there is some aus ckmpany

Anonymous Wed May 13 21:24:07 2020 No.19076253

>>19076035
>You can't just like open a fidelity account and start investing in this shit?
Yeah I guess I probably can. Up until now, I have only used my bank here for buying and selling shares. Yeah, but fidelity, tastyworks or whatever can be used as well.
>>19076185
Notes, thanks

>>	Anonymous Wed May 13 21:30:45 2020 No.19076368 File: 221 KB, 996x2048, Screenshot_20200513-212947.png [View same] [iqdb] [saucenao] [google] How many spikes does Bart have again?

>>	Anonymous Wed May 13 21:33:58 2020 No.19076418 They are hinging all their hopium on that 770,000 draw number that is 100% false. Reality is going to HURT. https://www.currentargus.com/story/news/local/2020/05/13/us-could-face-crude-oil-storage-problem-during-coronavirus-pandemic/3120742001/

Anonymous Wed May 13 21:39:15 2020 No.19076505

Didn't California announce today that they're staying closed?

How hard is it to get oil from California to Cushing, if there's even any storage space left there at all? (there isn't)

https://www.cbsnews.com/news/coronavirus-pandemic-oil-tankers-us-largest-port-california/

Anonymous Wed May 13 21:43:45 2020 No.19076571

Am I reading this right? They rerouted 10m barrels of oil to a storage facility in Ireland that can only hold 2m?

How bad is this getting...

https://www.bloomberg.com/news/articles/2020-05-13/small-irish-terminal-draws-u-s-oil-with-global-storage-filling

>>	Anonymous Wed May 13 21:48:10 2020 No.19076649 OH SHIT H S H I T https://www.marketwatch.com/story/oil-prices-could-go-negative-again-so-be-prepared-cftc-warns-futures-industry-2020-05-13

>>	Anonymous Wed May 13 21:50:32 2020 No.19076702 File: 13 KB, 240x208, 1589299940893.jpg [View same] [iqdb] [saucenao] [google] >>19076368 >>19076418 >>19076505 >>19076571 >>19076649 b a s e d

>>	Anonymous Wed May 13 21:53:10 2020 No.19076744 Nice links anon.

>>	Anonymous Wed May 13 21:54:37 2020 No.19076767 File: 262 KB, 1440x2960, Screenshot_20200513-215402.png [View same] [iqdb] [saucenao] [google] UCO is going to gap down HARD

>>	Anonymous Wed May 13 22:15:33 2020 No.19077147 They unironically think oil might go, and stay, above 30. Realistic bear scenario painted as well, though. https://www.fxstreet.com/amp/news/wti-price-forecast-awaits-range-breakout-202005130154

Anonymous Wed May 13 22:24:16 2020 No.19077313
File: 110 KB, 599x816, 1585119413877.jpg [View same] [iqdb] [saucenao] [google]

>>19076368
>>19076418
>>19076505
>>19076571
>>19076649
>>19076767
It's fucking over. Anyone who isn't onboard now is about to drown in a sea of oil. Hoist your sail matey, we are sailing through the black sea!

>>19077147
Now that is just cute.

Also, did anyone watch their account AH? Everything just kept going up, there was a really nice profit made by the end of today for tankers. Especially STNG.

>>	Anonymous Wed May 13 22:26:30 2020 No.19077348 >>19077313 >STNG The one tanker I didn't invest in.

Anonymous Wed May 13 22:31:38 2020 No.19077433
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>>19077348
Counting AH STNG went up a whopping 12.5% today, 2.15 points. The only thing I regret is that I only got 100 shares of it rather than more. Bulk of my investment is in DHT, FRO, and EURN.

>>	Anonymous Wed May 13 22:32:54 2020 No.19077451 >>19077313 DHT should be doing that consistently as well but it keeps getting hammered right after open.

Anonymous Wed May 13 22:33:54 2020 No.19077471
File: 1.13 MB, 500x265, aeea.gif [View same] [iqdb] [saucenao] [google]

Thought I would share this one though -

DHT has their ex-dividend date on Monday.
As you all know, the dividend is .35 cents a share. 5.3% of their market cap.

The next two days, if tankers continue the pattern of today into Thursday, it's likely people will buy into this to get that divvy. If you want a quick ride, get on and get off by end of close. Hold till Monday to get your 5%.

Or, as much as we like to believe everybody is option gamblers, the vast majority of retail buyers are not. Right now, the DHT call option for 5/15 for $6 is going for .53.
The current stock price is 6.52.

Anyway, godspeed all of ya.

>>	Anonymous Wed May 13 22:34:54 2020 No.19077495 >>19077433 >DHT, FRO, and EURN. Same. I was considering getting some STNG but I didn't because I'm not very liquid right now and I didn't want to split things up so I just bought more of the other stuff to average down a bit.

>>	Anonymous Wed May 13 22:37:08 2020 No.19077530 >>19077471 There's way bigger shit going on between now and Monday.

>>	Anonymous Wed May 13 22:46:29 2020 No.19077706 >>19077147 30 isn't unrealistic, although high 20's is probably most realistic. Contango is over, it's not coming back.

>>	Anonymous Wed May 13 22:47:59 2020 No.19077726 BRANDON NEVER SLEEPS

Anonymous Wed May 13 22:50:48 2020 No.19077778
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>>19077451
Yea, it is very weird. But! Everything shall rise soon it seems. Hopefully.

>>19077471
Nice ideas, but I just kind of stay away from options in general. But nice ideas.

>>19077495
Yea, I feel that. Wish I had more funds, but ah well. I am happy enough with 500 FRO, 500 DHT, 250 EURN, 100 STNG, 100 TNP. I wish I had more STNG....but no money, and I don't really wanna sacrifice the other positions for that risk. I ran out of powder like 2 days ago, so if it goes up now that is good timing. I cannot DCA down at all anymore.

>>	Anonymous Wed May 13 22:51:11 2020 No.19077787 File: 915 KB, 245x285, giphy.gif [View same] [iqdb] [saucenao] [google] >>19077706

>>	Anonymous Wed May 13 22:53:18 2020 No.19077839 >>19077787 I got my calls down to .13 before I ran out of money. I should be set with ANY significant movement although obviously bigger is better.

>>	Anonymous Wed May 13 22:54:28 2020 No.19077853 >>19077839 Any significant upward movement, I should say.

Anonymous Wed May 13 22:56:38 2020 No.19077891

>>19077348
Literally the past 5 threads I've been yelling at everyone to buy STNG. Robert Bugbee is a cuck but he's also based. Like 50% of my portfolio is in them right now. So fucking profitable and trading the lowest below NAV.

Again, monopoly on product tankers. Who's gonna store all the gasoline we're not using?

If you still want to get in product tankers DSSI and ASC haven't had the exponential jump, but avoid ASC since they cut divvy and big boys no like that.

Anonymous Wed May 13 23:02:18 2020 No.19077992
File: 78 KB, 550x550, 1582134936905.jpg [View same] [iqdb] [saucenao] [google]

>>19077891
I mean, I agree with you it is just my hands are so deep in other tankers what am I supposed to do, sell them? All those divvies? I am just gonna have to settle for the 100 shares I scrapped together, if I had more money I would of upped to 250 or even 500. But you know.....dollar divvies per share and big dick money approvals. I am very glad I bought in with what I could though, and I hope it soars so you get maximum benefit.

>>	Anonymous Wed May 13 23:02:47 2020 No.19078000 >>19077891 No liquidity. I'm just going to stick with what I have.

>>	Anonymous Wed May 13 23:06:46 2020 No.19078068 File: 17 KB, 226x272, 1512834345167.jpg [View same] [iqdb] [saucenao] [google] >>19077992 >>19078000 that feel.

>>	Anonymous Wed May 13 23:09:09 2020 No.19078108 >>19078000 Checked. Also I hope you're joking, the average volume on Scorpio is 3m shares a day. Way higher then EURN, DHT, and FRO combined. And they're significantly deleveraging.

>>	Anonymous Wed May 13 23:12:44 2020 No.19078156 >>19078108 Why would I joke? I didn't buy any STNG and I don't have any money to buy some unless I eat losses and sell a bunch of the tankers I already have. Like 70% of my portfolio is tankers now.

>>	Anonymous Wed May 13 23:48:02 2020 No.19078685 >>19078156 My bad, I thought you meant company/share liquidity.

>>	Anonymous Wed May 13 23:49:23 2020 No.19078701 >>19078685 It happens. Anyway I wish I'd known about STNG but that's how it goes sometimes. Sucks that I missed out and I might be leaving money on the table but the tide is going to raise all boats so it's all good.

>>	Anonymous Wed May 13 23:59:56 2020 No.19078860 >>19077839 What happens if it continues the downtrend its been on for weeks?

>>	Anonymous Thu May 14 00:00:06 2020 No.19078865 >>19078701 What other picks did you make? Even if you missed stng, if you made good picks your good anyways.

>>	Anonymous Thu May 14 00:01:02 2020 No.19078879 >>19078865 DHT 280, FRO 255, EURN 200

>>	Anonymous Thu May 14 00:24:21 2020 No.19079203 >>19077530 Like what?

>>	Anonymous Thu May 14 00:42:18 2020 No.19079442 >>19078879 Those are good picks anyways.

>>	Anonymous Thu May 14 01:25:35 2020 No.19079977 File: 79 KB, 720x1440, Screenshot_20200514-012344.png [View same] [iqdb] [saucenao] [google] >>19068837 I got 3 grand going in this Friday. Not including the margin I'm going to open.

>>	Anonymous Thu May 14 01:50:25 2020 No.19080227 >>19079977 Good stuff - make sure you keep us posted

>>	Anonymous Thu May 14 02:16:01 2020 No.19080499 >>19078108 Just checked and DHT FRO and fucking NAT all beat STNG in volume by a bit. Still I can't see why they got 12% gainz. It's still not even half of all time high... Too late to jump on STNG? Should I dump my trust fund into it?

Anonymous Thu May 14 03:50:19 2020 No.19081413

>>19079977
>>19080499
checked. not too late for the plays we're trying to play, but tankers require rock hard hands. Volatility is massive, hedge funds are shorting stocks cause they JUSTed themselves in way above our averages, retail is gunshy after a tanker secular bear market, and we've got paid shills FUDing every thread.

>>	Anonymous Thu May 14 04:10:21 2020 No.19081630 ! OIL WENT UP AGAIN !

>>	Anonymous Thu May 14 05:06:50 2020 No.19082192 https://www.marketwatch.com/story/global-oil-demand-drop-to-outpace-supply-cut-iea-2020-05-14?mod=bnbh Nice

>>	Anonymous Thu May 14 06:13:48 2020 No.19083016 File: 600 KB, 1920x1080, Screenshot_2020-05-14_20-13-03.png [View same] [iqdb] [saucenao] [google] Thoughts? Is the heavy demand for storage really coming to an end?

>>	Anonymous Thu May 14 06:32:10 2020 No.19083248 >>19082192 >>19083016 "No!"

Anonymous Thu May 14 06:39:36 2020 No.19083330

>>19083016
Thoughts?
It's a week old video. During this week storage isn't been emptied. On the contrary.

https://www.worldoil.com/news/2020/5/13/opec-cuts-q2-demand-estimates-again-while-members-make-deeper-cuts

https://www.worldoil.com/news/2020/5/13/chinese-gas-distributor-says-prices-could-turn-negative-on-storage-limits

Maybe even Gas will need floating storage.

>>19081630
>! OIL WENT UP AGAIN !
The harder the rise, the harder the fall.
There is no escaping reality. You buy oil at 27$ a barrel. You have to receive it. Else, you have to sell them to someone else.
On Monday someone will be left with an hot potato in their hands.

The big question is:
Is there enough storage for the June contracts?

>>	Anonymous Thu May 14 06:50:05 2020 No.19083454 >>19083330 Thanks. Just trying to get my head around all this.

>>	Anonymous Thu May 14 06:51:54 2020 No.19083479 >>19083330 The spread between this month and next months futures is 50cents. I find it hard to believe.

>>	Anonymous Thu May 14 07:03:19 2020 No.19083622 >>19083479 Everything we're being told about oil is hard to believe

>>	Anonymous Thu May 14 07:07:43 2020 No.19083672 is anyone here going big on puts/shorts for WTI?

>>	Anonymous Thu May 14 07:21:09 2020 No.19083820 >>19083672 i got some UCO puts

>>	Anonymous Thu May 14 07:24:22 2020 No.19083864 >>19073482 The goyim know!

Anonymous Thu May 14 07:25:06 2020 No.19083877

>>19083454
>>19083479
>>19083622
Don't trust anyone using a suit.
They were the ones scrambling to book tankers for 100k a day on the 20th of April.

https://www.youtube.com/watch?v=B0-khW0elkk
"We have a few oddballs left in VERY DIFFICULT LOCATION with limitation and restrictions. Those are the last ones we are currently working on with very prompt availability."
sure, that was in April 24th. But back then the May contracts weren't even being delivered.

https://www.youtube.com/watch?v=iVYjGY5PJeE

>>	Anonymous Thu May 14 07:38:34 2020 No.19084014 File: 174 KB, 1910x684, Screen Shot 2020-05-14 at 7.38.14 AM.png [View same] [iqdb] [saucenao] [google] that's a pretty steep peak...

>>	Anonymous Thu May 14 07:48:23 2020 No.19084161 >>19083672 Yea, I'm pretty heavy short atm, too many retards betting the other way to not imo

Anonymous Thu May 14 07:51:14 2020 No.19084200
File: 254 KB, 1202x1306, WTI-futures-pattern-5147-45.jpg [View same] [iqdb] [saucenao] [google]

interesting
i'll update this throughout the day today and see if there are any similarities
if it goes this way, there should be a slight increase and a crab before It Begins

>>	Anonymous Thu May 14 07:51:32 2020 No.19084205 >>19083479 That's because you tanklets are know nothings. Like come back when you learn how dividends work

Anonymous Thu May 14 07:54:53 2020 No.19084259

14 reasons Reasons tanker stocks are crashing to bankruptcy

Try to stay focused on the fundamentals people (because I put the fun in fundamental get it?

1. Contango almost gone not that yall know what that means
2. Daily rates crashing to all time lows and that makes red line go down
3. Dumb money has already left and wont be back, you are dumdbererer money
4. Tanklets dont understand dividends lmao
5. Tanklets dont understand that stocks value are based on future earnings lmao x2
6. Brandon told them much of this and they didn't listen and already lost money; now mad at all Brandons, real men love brandons
7.No catalyst for rising stock price hence bankruptcy
8. 2nd qtr earnings not good not good is bad
9. 3rd qtr and beyond losses as far as you can see red line goes down
10. Excess ships will be scrapped setting stage for a weak recovery in 2027
11. When the board bagholders capitulate we will get a 30% bounce
12. Then down to zero on bankruptcy by June 2021

None of this is refutable

>>	Anonymous Thu May 14 07:56:17 2020 No.19084279 >>19084200 It's cute how yall think this matters at all, kind of like your dividends illusions

>>	Anonymous Thu May 14 07:59:02 2020 No.19084318 >>19084259 couldnt contango just explode tomorrow/monday?

>>	Anonymous Thu May 14 08:00:52 2020 No.19084353 >>19084318 Hahaha yeah it like totes will magically save you from your stupidity

>>	Anonymous Thu May 14 08:04:00 2020 No.19084398 File: 378 KB, 1202x1306, WTI-futures-comparison-1.jpg [View same] [iqdb] [saucenao] [google] a little easier to see here futura is as much design as you're getting out of me for this

>>	Anonymous Thu May 14 08:06:38 2020 No.19084436 >>19084353 No need to be rude, Brandon

>>	Anonymous Thu May 14 08:10:16 2020 No.19084487 >>19084398 according to this, we should see no more spikes at all. it is only bleed or AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA from here

>>	Anonymous Thu May 14 08:12:22 2020 No.19084515 >>19084436 I'm the most polite person in tankerturds general in fact I'm generously donating my time and talents to help yall pikers out and I do it all for free I'm so nice

>>	Anonymous Thu May 14 08:14:40 2020 No.19084548 Falling tanker rates are bullish because once tanker rates are zero they can only go up or go negative resulting in more losseses https://oilprice.com/Latest-Energy-News/World-News/Oil-Tanker-Rates-Plunge-More-Than-50-As-OPEC-Cuts-Start.html

>>	Anonymous Thu May 14 08:15:59 2020 No.19084569 >>19084487 >>19084398 scratch all of that. i'm off by a day i got excited by the current plunge REMINDER: DO NOT RESPOND TO BRANDON

>>	Anonymous Thu May 14 08:20:31 2020 No.19084638 Tanklets arent smart enough to be dumb money https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

>>	Anonymous Thu May 14 08:22:10 2020 No.19084659 File: 500 KB, 1200x1920, Screenshot_20200512-060059_Chrome.jpg [View same] [iqdb] [saucenao] [google] When tankers go down buy more When tankers go up, lmao hahahaha yeah ok that's not going to happen

>>	Anonymous Thu May 14 08:26:34 2020 No.19084730 There is literally nothing wrong with losing all your money on tanker stocks. All the cool kids are doing it

>>	Anonymous Thu May 14 08:28:45 2020 No.19084761 You aren't going to live forever so why not go out with a bang like wont it be funny to go broke buying a useless relic of the era of fossil fuels

Anonymous Thu May 14 08:30:21 2020 No.19084790

>>19084659
>>19084638
>>19084548
>>19084515
>>19084353
>>19084279
>>19084259
>>19084205

Brandon refer here:
>>19068928
Brandon doesn't understand how dividends work.

Really? 8 in the morninig dude? I didn't even finish drinking my coffee before I realized you had raided our thread.

>>	Anonymous Thu May 14 08:30:51 2020 No.19084796 >>19083016 I think their follow up video is being posted in the next 24 hours - will be interesting to see if they'll stick to the original forecast or concede the position.

>>	Anonymous Thu May 14 08:32:14 2020 No.19084818 >>19084790 1. DO NOT RESPOND TO BRANDON

>>	Anonymous Thu May 14 08:37:20 2020 No.19084884 >>19084790 This is my thread chump all you do is complain about some guy named brandon. Go away and dont come ba k until you learn how dividends work

>>	Anonymous Thu May 14 08:38:36 2020 No.19084910 >>19084818 Another brandonposter . Sad ! Yall are thinking about a manly man while your money evaporates

Anonymous Thu May 14 08:40:08 2020 No.19084936

i guess the real question is that now that we're on the THIRD month of oil crashing on contract rollover, will more people look to get out a day early?
decline is scheduled to begin tomorrow afternoon
the weekend may play a large roll in this

in march the decline started on a tuesday and ended thursday (the rollover day)
in april it started sunday night and ended tuesday (the rollover day)
but now we've got rollover day on monday so i suppose it could actually begin this afternoon and still be consistent with that "schedule" which would give us our peak at 1pm today

>>	Anonymous Thu May 14 08:40:19 2020 No.19084938 File: 542 KB, 1200x1920, Screenshot_20200512-090402_Chrome.jpg [View same] [iqdb] [saucenao] [google] Tankerturds are like airlines. They are places where capital goes to die

>>	Anonymous Thu May 14 08:43:40 2020 No.19084985 >>19084659 >>19084659 When your tankerturd goes from $4000 to 50 cents but at least you got 27 cents in dividends so you can afford one ramen before kys

>>	Anonymous Thu May 14 08:46:11 2020 No.19085031 can we get a janitor in here? there's a piece of shit that needs to be cleaned up OHHHHHHHHH BRRAAAAAAANDOOOOOON

>>	Anonymous Thu May 14 08:47:52 2020 No.19085061 File: 517 KB, 1200x1920, Screenshot_20200514-064452_Chrome.jpg [View same] [iqdb] [saucenao] [google] Correction when your tankerturd goes from $12568.32 down to $.53 but you heard this funny word contagio so you just dont care

>>	Anonymous Thu May 14 08:49:52 2020 No.19085089 >>19085031 How much have you lost on your tanklets? 40%? 50%? 60% oh no no no no

>>	Anonymous Thu May 14 09:11:58 2020 No.19085486 holy shit https://www.marketwatch.com/story/global-oil-demand-drop-to-outpace-supply-cut-iea-2020-05-14

>>	Anonymous Thu May 14 09:13:29 2020 No.19085519 File: 76 KB, 720x409, 4c8649b61fcddfa7783471959775d1cb.png [View same] [iqdb] [saucenao] [google] >>19085486 Yep that's why tanker daily rates crashed to all time lows

Anonymous Thu May 14 09:16:19 2020 No.19085583
File: 726 KB, 4092x3648, 1584260328147.jpg [View same] [iqdb] [saucenao] [google]

>>19085031
Fuck. I don't like talking about jannies and such, but we actually do need one at this rate good lord. Not what I wanna see when I wake up, just a giant wall of shitposts from one shill back to back.

>>	Anonymous Thu May 14 09:18:06 2020 No.19085623 >>19085486 Saw the same news yesterday. And we have yet to see just how dramatic the saudi shipment to the US is. It looks like the US is currently preventing them from offloading, but they can't stop them forever.

>>	Anonymous Thu May 14 09:19:24 2020 No.19085655 >>19085623 i'm pretty sure that if we emptied cushing 100%, we still would not be able to store all of the oil in JUST the saudi shipment and i believe the saudis are less than half of all the tankers sitting out there waiting to unload

>>	Anonymous Thu May 14 09:20:41 2020 No.19085687 File: 27 KB, 456x810, 1589388499856.jpg [View same] [iqdb] [saucenao] [google] >>19085583 There must be a point where this crosses into spam/rule violation territory right I come into these threads and have a hundred posts from one ID

Anonymous Thu May 14 09:21:31 2020 No.19085700

https://shippingwatch.com/carriers/Tanker/article12122469.ece

>DHT reports rates of more than USD 100,000 in the second quarter

>The bottom line for the tanker operator, which is listed in New York but has Norwegian management, came to a profit of USD 72.2 million, up from a profit of USD 17.7 million in the same period 2019.

>The operating profit, EBITDA, also improved and came to a profit of USD 128.4 million against USD 64.2 million the year before.

>This income was made from a revenue of USD 221.9 million in the first three months of the year, compared to USD 132 million in the same period 2019.

>This improvement benefits the shareholders, who will receive a total of USD 51.4 million in dividends. And the boom, as expected, looks to have intensified in the second quarter, when the shipping company has recorded even higher rates.

>DHT has so far fixed 66 percent of the quarter's days in the spot market at average daily rates of USD 110,400 per day.

>The strong rates also impact the company's planned scrubber installations. So far DHT has installed the exhaust gas cleaning systems on 13 ships, while another five installations will be postponed, so that the ships can instead benefit from the booming market.

Anonymous Thu May 14 09:22:28 2020 No.19085717

>>19085655
I think along those lines too. The only unknown I think is what it means for our tankers. They collect demurage fees while they can't unload, but that's a drop compared to regular fees. So if some of our tankers have fleets waiting to unload from march/april (as some reports state, tankers are still not able to unload since then even before the saudis arrived), they won't be able to collect as much. Conversely, if they're on the verge of finishing unloading, or better yet, if they managed to unload right before the saudis, we're in business: they'll be able to reap maximum rewards from this. I'd like data on this.

>>	Anonymous Thu May 14 09:23:19 2020 No.19085733 File: 384 KB, 1245x1088, 1589382861769.jpg [View same] [iqdb] [saucenao] [google] >>19085687 it's ok. he brings more anons into the fold.

>>	Anonymous Thu May 14 09:24:57 2020 No.19085776 >>19085655 Like they just leave it on the boat its not a problem what are they going to storm Cushing and force them to take it yall dumb

>>	Anonymous Thu May 14 09:25:59 2020 No.19085794 File: 77 KB, 529x328, image002-2.png [View same] [iqdb] [saucenao] [google] >>19085700 Crisis over

>>	Anonymous Thu May 14 09:26:27 2020 No.19085798 People are losing their ass because every stock/ETF is going down except... USO

>>	Anonymous Thu May 14 09:27:21 2020 No.19085817 >>19084936 >>19085486 so the last chance to get into shorts is pretty much today/tomorrow?

>>	Anonymous Thu May 14 09:28:22 2020 No.19085841 >>19085817 today/tomorrow morning but don't discount the possibility that people will actually learn from this and start to get out early this month

>>	Anonymous Thu May 14 09:29:21 2020 No.19085868 >>19085798 Buying the top tick on Cramer's reccomend is a sucker move. You should filter out the dummies with a Brand6n filter and watch the profits roll in

>>	Anonymous Thu May 14 09:29:24 2020 No.19085871 shant be replying to brandon lads

>>	Anonymous Thu May 14 09:30:16 2020 No.19085888 >>19085868 I'm in this all the way, I just find it hilariously unreal how hard the market is trying to deny reality.

>>	Anonymous Thu May 14 09:30:27 2020 No.19085893 File: 853 KB, 1200x1920, Screenshot_20200514-072716_Chrome.jpg [View same] [iqdb] [saucenao] [google] >>19085868 Set up your filters

>>	Anonymous Thu May 14 09:31:34 2020 No.19085918 >>19085893 JUST FILTER MY SHIT UP

>>	Anonymous Thu May 14 09:31:50 2020 No.19085920 >>19085888 All the way to bankruptcy? Oil demand will be low for at least five years can you wait that long

>>	Anonymous Thu May 14 09:33:32 2020 No.19085950 Only 65 more posts until I can daily update yall on my 14 point plan to profit from tanker stocks

>>	Anonymous Thu May 14 09:37:38 2020 No.19086042 File: 85 KB, 890x434, 1589216243670.jpg [View same] [iqdb] [saucenao] [google] Holy shit tanklets are going down again, sorry bros I feel your pain well ackshually I dont since I haven't lost 50% like a good little cramer puppet

>>	Anonymous Thu May 14 09:39:58 2020 No.19086085 TODAY IS THE DAY OF THE FINAL SHAKEOUT, BOYS STRONG HANDS WILL BE REWARDED LOOK AT BRANDON GOING OUT OF HIS MIND THIS IS HIS LAST CHANCE

>>	Anonymous Thu May 14 09:42:39 2020 No.19086151 >TK doing so well they eliminated IDR on their LP >tanks 7% C L O W N L O W N

>>	Anonymous Thu May 14 09:43:14 2020 No.19086160 >>19086151 COLD DEAD HANDS

>>	Anonymous Thu May 14 09:44:22 2020 No.19086182 >>19086160 Just waiting for EURN to reach $8 to buy some more. FRO at $7 also.

>>	Anonymous Thu May 14 09:45:16 2020 No.19086203 File: 27 KB, 244x482, Screen Shot 2020-05-14 at 9.44.28 AM.png [View same] [iqdb] [saucenao] [google] Should I just cut my losses? I'm down about 20-30% on all my oil tanker stocks. They've been bleeding red everyday for almost a month.

>>	Anonymous Thu May 14 09:45:54 2020 No.19086224 >>19086203 no you fucking retard

Anonymous Thu May 14 09:46:09 2020 No.19086226

wait a second
what if brandon is from one of the tanker groups that wants to do a buyback but won't until they reach a certain level?

DHT did a buyback just last march and this would have been the perfect opportunity if it only came down low enough...

>>	Anonymous Thu May 14 09:47:11 2020 No.19086243 >>19086203 >1 post by this ID

>>	Anonymous Thu May 14 09:47:13 2020 No.19086245 File: 69 KB, 680x469, 1565638000744.jpg [View same] [iqdb] [saucenao] [google] >>19086203 BUY HIGH SELL LOW

>>	Anonymous Thu May 14 09:47:50 2020 No.19086251 >>19086203 no if youre still holding now you may as well hold until the 19th when june contracts expire

Anonymous Thu May 14 09:48:25 2020 No.19086261

>>19086203
Do your diddly. Personally I don't see any realistic scenario where we don't moon, and every day the moon target seems higher than before as even more bullish news comes out. I will reassess tomorrow, then on the 19th, and finally on the 22nd, but I'm looking to DCA 100% of my account into tankers at this point. In particular I want to collect the insane divvies on some of these, and fully expect the stock price to rise just for the divvy alone once the time comes.

>>	Anonymous Thu May 14 09:48:29 2020 No.19086263 >>19086226 whatever he says DR;NS

>>	Anonymous Thu May 14 09:48:33 2020 No.19086267 >>19086224 I feel like if I hold I'm going to lose all my money like I did with USO and ended up getting 0.1 penny on the dollar for my investment. A -99.99% return.

>>	Anonymous Thu May 14 09:48:55 2020 No.19086278 File: 93 KB, 640x480, 158946392786788943.jpg [View same] [iqdb] [saucenao] [google] >>19086182 EURN or as I call it urinal should hit 9 by tomorrow, maybe today

>>	Anonymous Thu May 14 09:49:36 2020 No.19086287 >>19086267 1. DO NOT REPLY TO BRANDON

>>	Anonymous Thu May 14 09:49:41 2020 No.19086289 >>19086261 I've been averaging down, but it just does down more the next day.

>>	Anonymous Thu May 14 09:50:42 2020 No.19086308 Bloomberg is literally fudding tankers today.

>>	Anonymous Thu May 14 09:51:29 2020 No.19086322 >>19086289 I sell calls to further reduce my cost basis. In combination with the expectation and upcoming divvies, it's going great for me.

>>	Anonymous Thu May 14 09:52:04 2020 No.19086336 >>19086308 link?

>>	Anonymous Thu May 14 09:52:20 2020 No.19086340 FUCK YOU /BIZ/ I AM FINANCIALLY RUINED IM SELLING EVERYTHING FUCK TANKERS

>>	Anonymous Thu May 14 09:53:27 2020 No.19086363 TODAY IS THE FINAL SHAKEOUT BRANDON IN OVERDRIVE ENDURE

Anonymous Thu May 14 09:55:55 2020 No.19086417
File: 75 KB, 680x469, 158946420326689677.jpg [View same] [iqdb] [saucenao] [google]

>>19086340
Br4ndonphobic arseholes lose all their monies when they buy tankerturds. Br3ndon was only trying to educate yall but nooooo you love to lose 50% to spite Brand0n

>>	Anonymous Thu May 14 09:56:54 2020 No.19086439 >>19086261 so you get 30% dividend on your investment that has lost over 50% of it's share price. How is that profitable?

>>	Anonymous Thu May 14 09:57:58 2020 No.19086466 is there some way to report somebody who is trolling outside of /b/?

>>	Anonymous Thu May 14 09:58:05 2020 No.19086472 >>19086439 This low of a share price is honestly unsustainable it will go back up

>>	Anonymous Thu May 14 09:59:05 2020 No.19086504 File: 320 KB, 945x745, C67D87EA-D8B4-4A21-934F-D8380801BEC5.png [View same] [iqdb] [saucenao] [google] AYOOOOO WHATS UP BITCHES, THE WEATHER OUTSIDE IS BEAUTIFUL TODAY

>>	Anonymous Thu May 14 09:59:06 2020 No.19086502 >>19086472 that's what brandon is afraid of seeing his freak out now i am 90% certain he is from one of the tanker companies that wants to do a buyback

>>	Anonymous Thu May 14 09:59:11 2020 No.19086510 >>19086322 how do you sell calls? just got approved for options

>>	Anonymous Thu May 14 10:00:02 2020 No.19086536 >>19086439 ? I'm only down 10% excluding my written calls, which bring me to less than 5% overall losses. I end up being positive on dividends alone.

>>	Anonymous Thu May 14 10:00:19 2020 No.19086540 >>19086466 just filter him and let him bump the thread

>>	Anonymous Thu May 14 10:00:32 2020 No.19086546 >>19086502 link to this bradon guy freaking out. I've never heard of him.

>>	Anonymous Thu May 14 10:00:40 2020 No.19086549 >>19086510 Sell to open -> call, list strike and expiration. Oh and also be sure to own the shares first since they’re going to moon and you’ll be margin called

>>	Anonymous Thu May 14 10:00:46 2020 No.19086552 What hurts more than my tankers is what this is doing to my NAIL holds

>>	Anonymous Thu May 14 10:00:58 2020 No.19086557 >>19086540 he spams and fills the threads

Anonymous Thu May 14 10:00:59 2020 No.19086558
File: 152 KB, 1200x1200, 1580057008523.jpg [View same] [iqdb] [saucenao] [google]

Holy fuck, talk about a shakeout. You expect me to believe we should go back to our lows? You expect me to believe that these aren't the most profitable businesses around? You expect me to believe that this isn't going to go up?

Fuck all of you selling mother fuckers, I can't even buy any more and there is NOTHING you can do to shake me out. Run it to 0. Do it. I am in full spite now, I might see if there are cheap calls around and buy them just to fuck with you. I DON'T BELIEVE THIS DUMP FOR A FUCKING SECOND JUST LIKE HOW I DON'T BELIEVE IN THE OIL PUMP.

>>	Anonymous Thu May 14 10:01:48 2020 No.19086575 >>19086510 Depends on your platform. Choose a date and strike and go to town. You need a multiples of 100 shares of the underlying to do covered calls. You need margin to do naked calls (don't do that).

>>	Anonymous Thu May 14 10:02:12 2020 No.19086589 File: 50 KB, 500x500, and they call it pupper love.jpg [View same] [iqdb] [saucenao] [google] Time to DCA - obscenely cheap right now kind anons.

>>	Anonymous Thu May 14 10:02:14 2020 No.19086590 >>19086558 i'm thinking it's the tanker companies themselves, bro they've probably been buying shares back like crazy the past 2 weeks and it won't be reported until June 1

>>	Anonymous Thu May 14 10:02:25 2020 No.19086596 Just bought more STNG @16.95

Anonymous Thu May 14 10:02:35 2020 No.19086599

>>19086336
sorry, it's from the daily brief. It's internal, don't feel comfy posting it. but the chart of the day is tanker rates dropping. the rest is damage control on oil storage showing crude stockpiles dropping for the first time since this started, and the Cushing draw declining for the first time since Feb.

They putting info out there claiming the storage crises is averted.

>>	Anonymous Thu May 14 10:03:17 2020 No.19086620 File: 365 KB, 938x1500, 158946483381850906.jpg [View same] [iqdb] [saucenao] [google] Look whose tanking ! ! ! Get it? Tanking! I crack me up

>>	Anonymous Thu May 14 10:04:01 2020 No.19086638 >>19086599 so no mention at all of the tens of millions of barrels floating off US shores?

>>	Anonymous Thu May 14 10:04:24 2020 No.19086644 >>19086549 >>19086575 are you selling outside the money calls?

>>	Anonymous Thu May 14 10:05:21 2020 No.19086669 I honestly feel bad for you guys but hopefully this is a good educational lesson about pretending to be smarter than the market.

>>	Anonymous Thu May 14 10:05:40 2020 No.19086679 Call options expire tomorrow, oil futures expire may 19. I guess we'll see who's right in the next two weeks

>>	Anonymous Thu May 14 10:06:12 2020 No.19086697 FRO at 7.19 Debating throwing 1k at it but I think it might go a little lower

>>	Anonymous Thu May 14 10:06:44 2020 No.19086710 >>19086644 I’m not selling calls on my tankers because I want full exposure(I’m confident they’ll moon) If you sell in the money calls they will be bought expiration so just expect to not have them. I normally sell OTM calls if I do

Anonymous Thu May 14 10:07:15 2020 No.19086721
File: 3.73 MB, 1748x2480, 1d1192af489a6b7d38a68e88c870e213.png [View same] [iqdb] [saucenao] [google]

>>19086590
Wouldn't that be extremely disingenuous?

>>19086596
I actually don't care now, you want to sink STNG down 10 fucking percent today, I will fill my fucking margin now you pricks and get more. Just bought 25 more shares of STNG at 16.85, and 100 shares of TNP at 2.35.

FUCK YOU MARKET MAKERS, I DON'T BELIEVE YOU FOR A FUCKING SECOND. IF MY MARGIN REQUIREMENTS AND BUYING POWER RETRACT TOO MUCH I WILL JUST SELL A LITTLE AT A TIME, I DON'T FUCKING BELIEVE YOU AND WILL KEEP BUYING THIS BULLSHIT.

>>	Anonymous Thu May 14 10:07:31 2020 No.19086729 >>19086638 No mention. But hey, at least they have space now to unload the Saudi flotilla

>>	Anonymous Thu May 14 10:08:15 2020 No.19086747 >>19086721 from everything i'm reading about this industry it seems EXTREMELY scummy i wouldn't put it beyond them one bit to be 100% cool with fucking us all over

>>	Anonymous Thu May 14 10:08:20 2020 No.19086749 >>19086558 Anime footfag is pissed, everyone watch out.

>>	Anonymous Thu May 14 10:09:22 2020 No.19086773 >>19086729 the saudi flotilla alone has something like 36m barrels...

>>	Anonymous Thu May 14 10:10:04 2020 No.19086784 >>19086773 Yeah, I meant start unloading

>>	Anonymous Thu May 14 10:10:07 2020 No.19086787 >>19086721 go take a sedative, half the board warned you about this

>>	Anonymous Thu May 14 10:11:43 2020 No.19086818 >>19086787 good morning

>>	Anonymous Thu May 14 10:11:49 2020 No.19086821 Looks like the algos are starting to chill out. Volume dropped off a cliff and we're gaining some momentum.

>>	Anonymous Thu May 14 10:11:53 2020 No.19086822 >>19086596 My man! I did the exact same

>>	Anonymous Thu May 14 10:12:11 2020 No.19086828 >>19086721 Is it any surprise that someone dumb enough to brag about losing 50% in tankerturds only has $400 to waste buying more turds Haha FRO down another 4% OUTPerfOrMING stng !

Anonymous Thu May 14 10:12:48 2020 No.19086843
File: 252 KB, 1400x933, 1583664922882.jpg [View same] [iqdb] [saucenao] [google]

>>19086729
Since when didn't Bloomburg lie? Oil crisis averted...lol no. They are really hyping on that draw despite the floating fleet and things so bad that China is contemplating negative gas prices apparently.

>>19086747
Some tankers are scummy, but at the same time there is no reason to be now. Unless they are trying to give insiders working for them more shares before pump/taking advantage of divvies.

>>19086749
I am. Things are...moving up as soon as I ranted and bought. My feelings of rage might turn to joy if I just bought the bottom.

>>19086787
Never.

>>	Anonymous Thu May 14 10:12:57 2020 No.19086852 Why did the tanker stocks crash? Avg is 6-8% down.

>>	Anonymous Thu May 14 10:15:02 2020 No.19086899 >>19086843 >there is no reason to be now not true. the longer the stock stays depressed, the more they can make off the money currently flowing in every single day they're receiving gigantic checks and probably buying more

>>	Anonymous Thu May 14 10:15:14 2020 No.19086903 File: 71 KB, 1080x1080, 92431D49-6E9E-46C0-9CB1-D448064BE783.jpg [View same] [iqdb] [saucenao] [google] Can’t wait to dump my entire paycheck into DHT and FRO 6/19 calls tomorrow.

>>	Anonymous Thu May 14 10:16:04 2020 No.19086922 >>19086852 algos and i'm guessing our brandon isn't the only one out there

>>	Anonymous Thu May 14 10:16:10 2020 No.19086926 alright. I'm doubling down. If they go down any further I wont make rent this month.

Anonymous Thu May 14 10:16:35 2020 No.19086935
File: 64 KB, 541x680, 1582169199978.jpg [View same] [iqdb] [saucenao] [google]

>>19086843
If you go back down now right after I commented I am still buying more, fuck you.

>>19086899
What I am more angry about honestly is oil up being a dollar honestly since it moved the algos.

>>	Anonymous Thu May 14 10:16:40 2020 No.19086937 File: 101 KB, 1206x619, tanker_chad.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Thu May 14 10:16:45 2020 No.19086940 >>19086852 Production cuts in the news that won't effect anything for a few months. The current reality is that there is no more storage and a crap ton of oil in tankers waiting to unload

>>	Anonymous Thu May 14 10:16:46 2020 No.19086942 >>19086843 I think they're trying to run damage control for the oil majors and keep the greater market from tanking. Like I said, they're fudding tankers and shilling oil.

Anonymous Thu May 14 10:18:38 2020 No.19086977

>>19086935
>oil up being a dollar
*clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack*

>>	Anonymous Thu May 14 10:20:31 2020 No.19087012 File: 46 KB, 1224x320, Screen Shot 2020-05-14 at 10.20.09 AM.png [View same] [iqdb] [saucenao] [google] do or die

>>	Anonymous Thu May 14 10:21:08 2020 No.19087027 >>19087012 COLD DEAD HANDS

>>	Anonymous Thu May 14 10:23:27 2020 No.19087075 >>19087027 He bought tankers now he cant afford heat

>>	Anonymous Thu May 14 10:23:46 2020 No.19087085 >>19086935 >>19086926 >>19086903 >>19086822 >here’s how bernie can still win! >who will match me with their minimum wage check??

Anonymous Thu May 14 10:24:11 2020 No.19087093
File: 775 KB, 3285x3507, 1589177607181.jpg [View same] [iqdb] [saucenao] [google]

>>19086937
I am feeling him. Based chad.

>>19086942
Can damage control beat reality though? I don't see how negative oil can be prevented or how any semi-educated investor is buying oil right now.

>>19086977
Hopefully this is the peak now, we are approaching Friday and I don't see a 1 day -100% drop next week, it got to bleed at least a little, come on. Will they actually make a joke of the oil futures trading and dump it all in like 1 day without so much as a minus 5% leading to it?

>>	Anonymous Thu May 14 10:25:17 2020 No.19087117 >>19087085 >>19087085 NO REFUNDS

>>	Anonymous Thu May 14 10:25:44 2020 No.19087132 >>19086935 Its bullshit mate, I've been swinging down my WTI shorts since euro open and now tankers... So many people are gonna lose their shirts over this

>>	Anonymous Thu May 14 10:26:31 2020 No.19087153 NEW THREAD: >>19087148 >>19087148 >>19087148 >>19087148 >>19087148

>>	Anonymous Thu May 14 10:34:37 2020 No.19087331 >>19087093 This whole market rally was based on sentiment. I don't believe the market reflects reality any more. Not sure if it ever did. I'm not selling but the market has been openly denying fundamentals the past month.

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