/tsg/ - Tanker Stock General

[Anonymous No.19108246]

>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:
>>19093457

[Anonymous No.19108274]

Today is going to be a good day, down 10% like always

[Anonymous No.19108284]

782.18% INCREASE IN DHT OWNERSHIP
8
2
.
1
8
%

>>19108265

[Anonymous No.19108291]

>>19108274
Gtfo brundin

[Anonymous No.19108318]

HODL TANKER MUHREENS
HOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOLD

[Anonymous No.19108332]

SHILLS IN LAST DAY DESPERATION MODE

COLD
DEAD
HANDS

[Anonymous No.19108359]

>COLD
>DEAD
>HANDS

[Anonymous No.19108373]

This is my favorite tankerturd down from $12,500 to 42 cents

Best performing tankerturd by far

[Anonymous No.19108381]

DHT BUYERS: PIC RELATED

DHT SELLERS: FUCKING BRANDON

HODL

[Anonymous No.19108385]

>>19108284
gotta get them divvies

[Anonymous No.19108387]

>>19108359
Plot twist his shares went to zero and he khs

[Anonymous No.19108411]

>>19108385
Try to capture your 14 cent dividend as the share price goes down $3, lose everything, declare victory

[Anonymous No.19108459]

Tankerturd research/action plan or how to profit from the tankie


1. Contango almost gone
2. Daily rates crashing to all time lows
3. Dumb money has already left and wont be back
4. Tanklets dont understand dividends
5. Tanklets dont understand that stocks value are based on future earnings
6. Br#ndon told them much of this and they didn't listen and already lost money; now mad at all Br&ndons
7.No catalyst for rising stock price
8. 2nd qtr earnings not good
9. 3rd qtr and beyond losses as far as you can see
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
11.5 this will happen in 5 weeks and this general will disappear that's your sign to buy
12. Then down to zero on bankruptcy by June 2021

None of this is refutable

[Anonymous No.19108466]

>>19108284
the dump is going to be unimaginable.

[Anonymous No.19108544]

>>19108459

[Anonymous No.19108574]

Does anybody know why WTI hasn't gone down? This shit should be tanking hard

[Anonymous No.19108593]

>>19108574
Oil is valuable unlike your tankertrash

[Anonymous No.19108628]

>>19108593
>>19108544

[Anonymous No.19108636]

>>19108274
>>19108373
>>19108387
>>19108411
>>19108459
>>19108593

get therapy kid

>>19108284
what price do you expect the DHT stock to go to?

[Anonymous No.19108670]

>>19108636
anybody's guess at this point
the general market is ready to tank
trump is going to spout some bullshit about a vaccine which is desperation mode
oil crashing to negative on monday
only sector i can see going green is tankers
retail FOMO + insane earnings + divvy capturing

idk man

[Anonymous No.19108678]

TANKIES BE LIKE

[Anonymous No.19108705]

Fucking shill. Already working. Least he has a good work ethic, be proud Goldman. But fucking pathetic though, I wanna talk to my tankerbros about options expiry day.

[Anonymous No.19108740]

lmao the fud is strong today

[Anonymous No.19108752]

>tankers don't trade rates, earnings, fundamentals, value

Let me make a simple program in java so you guys can use the same million dollar algorithms as the banks!

>if(wti.price >= wti.lastPrice) {
>tankers.tank();
>else
>tankers.buy();

Congratulations! Your work is the equivalent to a trillion dollar industry! You are now qualified to work in quantitative finance. Here's your $100,000,000.

>literally every finance bro in existence is an actual retard

[Anonymous No.19108793]

>>19108752
We noticed this weeks ago. What are you getting at?

It's one of the very things that could set the whole thing off once oil tanks.

[Anonymous No.19108799]

>>19108246
>oil up 4%
oh no tankerbros we got too cocky

[Anonymous No.19108811]

>>19108752
wow bro do you work for a prop firm? You could be making millions

[Anonymous No.19108818]

Comfy divvies and good returns will come to you, but only if you reply "HOLD ON SEA CAT" in this thread

[Anonymous No.19108821]

>>19108752
Well that is interesting once you line the numbers up like that as proof. So when do they actually buy despite the pattern and no longer treat it inversely?

[Anonymous No.19108823]

>>19108793
I'm trying to highlight the retardation of algorithms and finance/bros/.

It's fine because oil will come crashing down on Sunday/Monday, but tankers shouldn't trade inverse WTI, it's just fucking stupid.

[Anonymous No.19108829]

>>19108678

[Anonymous No.19108839]

>>19108799
the word "vaccine news" appeared on twitter people are literally buying hopium in the form of barrels of oil

[Anonymous No.19108900]

>>19108821
It seems like oil decoupled from tankers at the end of February. I'm assuming once the whole oil fiasco is kill they'll stop trading tankers to hedge.

[Anonymous No.19108915]

>>19108823
I got you.
It could very well work in our favor at this point, though.

[Anonymous No.19108954]

Wow, talk about a do-nothing open for tankers.
I never seen a more uneventful open for this sector overall. I guess good sign.

>>19108799
RIP oil buyers. Who is gonna sell first. 132 million due for delivery, no one can store it, still buying. Who is gonna chicken out first of the price run up, and who will be caught holding the bags?

>>19108818
HOLD ON SEA CAT

>>19108900
I hope so. Hedgies have to learn eventually.

[Anonymous No.19109126]

>>19108818
HOLD ON SEACAT

[Anonymous No.19109127]

TANKERS GOING UP. I REPEAT, TANKERS ARE GOING UP! GOOD DAY INCOMING.

Where is Brandon now? Odd, so much shilling pre-market, and not it is all gone.

[Anonymous No.19109144]

>>19108954
These foot posts are killing me

[Anonymous No.19109162]

>>19108954
There may be people who have room set aside specifically for cheap oil. So how much this futures contract dumps is still debatable

[Anonymous No.19109165]

Just bought 1k more in tankie stocks lol.

[Anonymous No.19109166]

>>19109127
They are reprogramming Brandon to Bull Mode.

We will welcome him back as Dustin.

[Anonymous No.19109189]

>>19109162
And the -$40 from last month wasn't cheap enough for them?

APOCALYPSE INCOMING

[Anonymous No.19109205]

>>19109127
Everything is going up on hopium right now.

What we have to watch for is what falls back to earth in an hour or so.

[Anonymous No.19109213]

>>19109189
No it would be people who didn't expect last months oil but got ready for this months future expiration.

[Anonymous No.19109240]

>>19109144
How unfortunate. They aren't going to stop anytime soon, tankers and feet go hand in hand for me.

>>19109162
I don't get it. What does that actually mean? Sorry for brainlet.

>>19109166
Kek. I will be the first to welcome our resident shill onboard.

>>19109205
Eh.....last time we had a deep negative day, tankers were the only exempt sector. I am not afraid really.

[Anonymous No.19109249]

>>19109213
open interest only dropped from 80m to 75m barrels of oil

that better be a lot of unexpected storage

[Anonymous No.19109269]

>>19109240
They're making me perpetually horny

[Anonymous No.19109276]

Thoughts on TNP? Absurdly cheap right now, but don't know a lot about them.. help me out bros

[Anonymous No.19109302]

>>19109276
PAY DEBTS

[Anonymous No.19109303]

>>19109276
I know nothing about them but I bought anyway, join me anon

[Anonymous No.19109314]

>June price = July price

Contango is over folks, everybody go home! Nothing to see here, oil has fixed itself, jesus christ himself will be taking delivery of the barrels.

Does anybody have any idea how oil is still rising right now?

[Anonymous No.19109327]

>>19109269
Good, that goes along well with tankers having a positive day so far. There is no better feeling than being horny while getting gains. Unless you own only STNG, in which case...not the best day.

>>19109276
It is very good anon. The only tanker that isn't good is NAT.

[Anonymous No.19109342]

>>19109276
They are all good picks, but like the either guy said we avoid nat. What other companies have you picked?

[Anonymous No.19109346]

>>19109314
morons saw the word "vaccine" on twitter and think it means cushing is going to completely empty out over the weekend

even though that still wouldn't be enough to hold the oil currently floating off the coast

[Anonymous No.19109356]

>>19109327
>The only tanker that isn't good is NAT.
It's the only tanker available in some brokers.
For example trading212

[Anonymous No.19109361]

>>19109249
The prospect of getting paid to take oil might attract significant interest. I honestly have no idea but I'm looking forward to Monday

[Anonymous No.19109363]

>>19109314
It is a game of low volume chicken. As long as price runs up by buying more, profit is made. Greedy folks trying to get it as high as possible before selling, in a game of chicken where the last one standing holds the bags and files for bankruptcy. Also, really, the volume is like 6% and I know it is early still but the fact it is up over a dollar and the SCO is barely down a dollar speaks for the entire situation that the buying doesn't matter right now.

[Anonymous No.19109391]

>>19109363
So once the algos hit their stop loss after someone sells we're going to see dominos?

[Anonymous No.19109445]

STNG really taking their turn at the whipping post

[Anonymous No.19109469]

FREE
MONEY

[Anonymous No.19109482]

>>19108818
HOLD ON SEA CAT

[Anonymous No.19109484]

>>19109356
Which makes it even worse. You want big dick institutional money backed tankers, NAT is retail to hell and back. Has third smallest fleet and assets, most retail, no VLCC, it is just not as good as others. If it is your only option, ah well, still will make money.

>>19109391
I highly doubt there are many algos if any working on actual June contracts right now. But essentially, I think that is a decent thesis that the moment big sell orders come in this thing will topple down and we will see massive falling.

>>19109445
I got no idea why. Well, I sort of do. The high divvy tankers (FRO, DHT, EURN) are having great days, while all the non-high divvy tankers are down. It is a pattern if you check them all right now.

[Anonymous No.19109495]

>>19109302
are they drowning in debt?
>>19109303
perhaps anon, i'm on the cusp
>>19109327
what makes them very good in your view?
>>19109342
sitting on lots of comfy EURN right now, along with a little FRO

[Anonymous No.19109499]

>>19108246

Why did this Tankermeme even become a thing?

It's not like you idiots could even come close to understanding the complex contractual nature of this business...

So what seemed like a good idea according to Blebbit on the surface, has created a whole new cohort of bagholders on /biz/.

Bravo.

[Anonymous No.19109517]

SCO calls up 16.44% even as SCO crabs

[Anonymous No.19109522]

>>19109499
Check'd and incorrect. You're welcome to join next Wednesday for the feast.

[Anonymous No.19109530]

OOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.19109553]

DHT is just following the DOW right now

[Anonymous No.19109563]

>>19109495
Very big fleet size, Greek, low price still compared to its own highs so far, historically great divvy in good times, they can join the club. EURN and FRO are both more priority investments imo though, you did nothing wrong.

>>19109499
Reddit actually copied us aside from NAT hype from Cramer prior. Which we all hated from the start.

[Anonymous No.19109570]

>>19109495
If you want good divvie choices, consider dht or nna. But tnp is a good pick.

[Anonymous No.19109571]

>>19109276
I've got a big bet on this. Fleet is relatively young. 46% of their 7MM DWT volume is in ships older than 10 years but younger than 15 years. 3% of their DWT is from ships older than 15 years. They will be able to take full advantage of a tanker supercycle should the event arise. They have a tiny marketcap relative to their peers with a sizeable fleet. At $2.68 per share their price to book ratio was fucking 0.2; their assets were literally worth 500% more than their marketcap. Now it's at an even steeper discount. There is no reason for them to be in this price range but it is. It's amazing to me that the market let's shit like this slip through the cracks

[Anonymous No.19109594]

>>19109499
Go buy some links.

[Anonymous No.19109597]

>>19109553
DHT added to the DOW replacing CAT

[Anonymous No.19109600]

WTI Front Month volume appears to be stalling out

[Anonymous No.19109633]

>>19109499
We were in on this far longer than plebbit was. The ridiculous selloff is bullshit to the highest degree.

You are a faggot who knows less than a fraction of what we know about this industry so shut the fuck up and get the fuck out.

[Anonymous No.19109638]

>HOLD TIGHT SEA CAT

[Anonymous No.19109721]

>>19109563
>>19109570
>>19109571
You'll sold me anons, loading up now.

[Anonymous No.19109732]

Am I going to get assigned?

[Anonymous No.19109784]

>>19109721
DONT fucking buy TNP
Its the only tanker that keeps crashing
Marketcap of a penny stock
GREEK
shitty track record that they had to borrow money at 9% because banks wont lend them money

[Anonymous No.19109799]

>>19109600
im waiting for monday to go for shorts or i see massive movements, but i doubt they will come

[Anonymous No.19109838]

how pathetic is it that i have to keep donald trump's twitter account open in a tab just to see if he's currently manipulating the market

[Anonymous No.19109855]

>>19109484
>NAT is retail to hell and back.
Exactly.

I'm still pissed about the crammer interview.
But worked for NAT their stock are the only ones not undervalued

[Anonymous No.19109880]

>>19109838
Open one for Musk too while you're at it.
Those Tesla shitposts are like free money.

[Anonymous No.19109920]

>>19109784
In the short-medium term (in current conditions), is high shitty debt really that big of a factor? Do you not think it has room to grow?

[Anonymous No.19109922]

my profile is actually green today. It's been awhile.

[Anonymous No.19109946]

>>19109249
Futures are mostly used as an insurance against price movements. Sellers of future contracts usually buy them up by expiration and open interest vanishes.

[Anonymous No.19109978]

>>19109920
There's no price action on TNP at all
You can literally pick any other tanker and do better, even NAT
DHT is the safest with their time charters locked in to 2021, the 30 cent dividend is literally secured

[Anonymous No.19110019]

When is it all expected to come tumbling down?

[Anonymous No.19110061]

>>19110019
Not sure. Shit's chaos right now.
Futures volume is schizophrenic.

[Anonymous No.19110076]

>>19109838
yeah I guess it's good to have an amber nigger alert

[Anonymous No.19110111]

How else are you guys looking into profiting off of oil crashing next week?

SCO, tanker options, UCO/USO options?

[Anonymous No.19110125]

>>19110111
yes yes and yes/yes

[Anonymous No.19110157]

>>19109732
You'll probably be assigned if the price is 7 - 0.35 + 0.63 or higher, but not less than that.

[Anonymous No.19110159]

>>19110111
Check'd and correct

[Anonymous No.19110203]

The Clackening

[Anonymous No.19110248]

Wow oil crashing and tankers mooning we were all rich

[Anonymous No.19110281]

>>19110248
Fuck off, Brandon.
Anything positive that happens today is just an appetizer.

[Anonymous No.19110322]

OH NO OH NO

[Anonymous No.19110333]

He's trying.

[Anonymous No.19110344]

Look oil is minus 6 gorillian $$$ woohoo they were right the tankies were right I appologize

[Anonymous No.19110370]

>>19110203
Today is the ultimate pig fattening before the weekend slaughter they will be absolutely powerless to mitigate imho.

[Anonymous No.19110371]

Brandon, your boss emailed to let you know that he had Taco Bell for breakfast.
So you're going to need that new toilet bowl scrubber you got for your birthday.

[Anonymous No.19110380]

>>19110322
Wow that's up 1% we can all retire since it went down 29% yesterday after we bought

[Anonymous No.19110394]

>>19110322
lol backwardation. Yep that's it pack it in boys

[Anonymous No.19110404]

Institutional money flowing in like crazy.

[Anonymous No.19110434]

>>19109978
I'll consider what you're saying anon, putting in half of what I had originally intended in the meantime.

[Anonymous No.19110547]

one of these peaks is going to trigger the whole thing

[Anonymous No.19110614]

These guys converted all of their shares into calls.

[Anonymous No.19110629]

>>19110614
Extremely fucking bullish, oof!

[Anonymous No.19110647]

>>19110125
>>19110159
what strike price are you guys feeling for 6/19 calls?

[Anonymous No.19110669]

>>19110647
It's all dirt cheap now so wherever you can get the most bang for your buck IMO.

$7 and $8 all already got bought up.

[Anonymous No.19110849]

This is making me feel like a kid before Christmas.

We did the DD.
We bought in.
Oil keeps clacking.

Just waiting for the reverse.

[Anonymous No.19110852]

all tanker stocks are being crushed under extremely low volume
this is last gasp shit here to hold it down but at this point i don't understand why

[Anonymous No.19110960]

Volume on wti is pushing up.

Is this it?

[Anonymous No.19110974]

>>19110849
You listened to cramer
You bought the top tick
You lost your ass
You are crying
Inside you are dying
Your money is gone
Your ego is crushed
FoMO is laughing
Brandon is feeling smug
You have nothing

[Anonymous No.19111005]

>>19110960
sure as hell could be but if this is "it" it's a day early

[Anonymous No.19111013]

>>19110960
Yep this is it. Lmao. Literally nothing ( like your portfolio literally nothing

!Braindon wherever you are dog bless you!

[Anonymous No.19111035]

>>19111013
I can't wait start calling you Dustin

[Anonymous No.19111049]

>>19110669
Bought up? Has good volume and open interest it looks like to me for DHT

>>19110849
I am excited too. Oil HAS to go down, but how long? How long? Everyone is waiting.

>>19110852
But why, I don't get it neither. I wish I understood what big wigs were thinking.

[Anonymous No.19111072]

>>19111005
Yeah you're probably right.

[Anonymous No.19111101]

>>19111049
When I posted that there were 0 $7 for sale.

There was a whole 3 $8 until literally just now when 640 went up.

[Anonymous No.19111106]

It's far more profitable to short tankers. Once this contago situation goes away, reserves are maxed, demand will steadily increase for oil. No need for tankers except for transport...it's a bleak future for tankers.

Companies like NAT with debt and old ships will get hammered.

[Anonymous No.19111123]

>>19111106
No one here is long tankers

[Anonymous No.19111137]

>>19111106
>1 post by this ID
>No need for tankers except for transport
>thinks this is a bad thing
you are literally retarded

[Anonymous No.19111151]

>>19111106
NAT will get hammered but NAT is a shitcoin

[Anonymous No.19111211]

>>19111123
I'm long for eurn at the very least. Probably dht and nna too. The rest I'm selling.

[Anonymous No.19111212]

biggest volume spike of the day, and it's down

[Anonymous No.19111280]

I bought some Chevron stock.
Can't short, but if I could I would at session close.
Their ex-date is monday. They are paying 1.20$ in dividend so expect the stock to crash close to that Monday, WITHOUT taking into account the Oil shitfest.

What do you think?

[Anonymous No.19111299]

>>19111212
It immediately spiked back double what it went down

[Anonymous No.19111327]

So...today is the last day to get into DHT for its dividend. Is no one interested in buying it? Really? This is kind of sad to be up so little.

>>19111212
Is that crude? Nice. Please just go down already. Not because I want to profit, but because I am getting SO FUCKING TIRED of hearing boomers around me yell at me and shout me down for warning them oil is gonna go down, telling me it is so strong right now look at reopening and look at how it is spiking every day. I fucking hate their ignorance and how unwilling they are to actually listen about how commodity future contracts work and instead just ridicule, I want to see them lose money already because of their idiocy.

[Anonymous No.19111330]

>>19111299
Yeah I saw that. With the same exact volume. Somebody is bidding it up.

[Anonymous No.19111345]

What's the fair value of tankers when there is a 50 % oversupply of tankers?

Capital destruction

[Anonymous No.19111351]

WTI Front Month right now is just yet more low volume manipulation bullshit.

[Anonymous No.19111363]

THE WINDS ARE CHANGING TANKER CHADS. SOON THEY WILL BE IN OUR SAILS.

[Anonymous No.19111380]

That spike down happened and there was an IMMEDIATE low volume spike of high bids to bring it back up.

[Anonymous No.19111441]

Who the fuck is taking on that amount of risk? Imagine if the government is paying CME group to bid up the contracts and then do nothing with the oil. If we don't see a huge drop I'm calling the SEC

[Anonymous No.19111444]

>>19111363
https://youtu.be/49FWp7WLYKw?t=20

[Anonymous No.19111459]

>>19111330
>>19111351
But at this point, do they actually think they can hold out and dump it before rollover? Do they really not care to hold until the weekend and not securing profits now? If this person has any brain cells we should see a massive dump as oil futures market closes. If we don't.....I really, really don't know what to say.

>>19111363
Aye. They are, but it is depressing the social pressure of it all. vid related is my life right now essentially.
https://www.youtube.com/watch?v=YVHY9nIPo6s

[Anonymous No.19111491]

>>19111444
based digits. based chanties

[Anonymous No.19111526]

>>19111459
>cells we should see a massive dump as oil futures market closes
What did the price action look like last month?

[Anonymous No.19111529]

>>19111363
https://www.youtube.com/watch?v=uS5xR7jBxDw

[Anonymous No.19111590]

>>19111459
>lockdowns
>the social pressure
I've been training for this all my life.

>>19111444
>>19111529
I'm gonna drink hard to these if STNG goes 3x

[Anonymous No.19111595]

https://www.youtube.com/watch?v=nc7F_qv3eI8

[Anonymous No.19111601]

STNG going down again. That's what we want right ? Buy high sell low and gain street cred thru massive losses?

[Anonymous No.19111623]

>>19111601
It's effectively a front month SCO right now.

[Anonymous No.19111646]

>>19111529
fuck I was not expecting to like that that much

[Anonymous No.19111671]

>>19111601
Brandon can't afford real plates

[Anonymous No.19111685]

>>19111671
Or real cheese

[Anonymous No.19111691]

>>19111526
A gradual decrease day by day, then sudden plummet on "The day." This time, we are having enormous increases and are way higher than at any point the contracts last month were. The price action is a complete opposite, and we "know" this time that shit should hit the fan. Makes no sense unless some eccentric billionaire asshole is sitting on like 1000 acres of unused industrial land kek to store oil on kek.

>>19111590
It really bothers me though, I hate the stress of hearing bullshit and the looks and such. People suck, and I just want to profit so I can eventually not have to deal with any people.

[Anonymous No.19111690]

>>19111601
Where is it 9:45am right now?

[Anonymous No.19111705]

>>19111601
Looks tasty, better than any tanklet can cook

[Anonymous No.19111706]

Buy ships and hope the pirates steal them? Like is that why you celebrate as your portfolio goes down 60%?

[Anonymous No.19111711]

>>19111601
Brandon don't tell me you're actually gonna eat that. American Cheese? Really? You couldn't find any decent cheese like cheddar?

You need to get a better mom to cook your meals... oh wait...

[Anonymous No.19111723]

>>19111601
>they don’t even provide lunch during work hours
>makes his own sad, shill jannie meals
>working for absolutely free

[Anonymous No.19111729]

>>19111601
post more, brandon

[Anonymous No.19111732]

>>19111691
Based. I just want to be rich so I can avoid everybody.

[Anonymous No.19111746]

AAAAAAAAAA I CANT TAKE IT ANYMORE

[Anonymous No.19111771]

>>19111746
COLD
DEAD
HANDS

[Anonymous No.19111803]

>>19111691
>I hate the stress of hearing bullshit and the looks and such.
We set sail without them. They saw the map. This journey has hardly begun.

[Anonymous No.19111838]

>>19111729
>Mom I lost all my money in the stock market because I obsessed over an old man instead of reading financial statements

[Anonymous No.19111841]

>>19111746
And here I was commiserating about my 150$ down.

[Anonymous No.19111874]

>>19111601
WTF?!? He's too poor to afford real plates!
I thought he was a suit shill!

[Anonymous No.19111875]

>>19111691
So you hoped oil would crash and instead its skyrocketing?

[Anonymous No.19111907]

>>19111875
post postions already

[Anonymous No.19111908]

>>19110614
just sayin someone sold a fuckton of calls for DHT 19.06.2020 (for example JC0Y4X) all around the 6-8$ range

[Anonymous No.19111915]

>DHT going negative
>last day to secure divvy

I am so confused right now. It's like no one cares about free money.

>>19111732
Exactly. I hate people. most people. I just want to be left alone and enjoy small pleasures like relaxing on a soft chair drinking hot cocoa. I don't want much, I just don't want to be bothered.

>>19111746
Hold. You are going to be very rich anon.

>>19111803
Aye. I know, it is just depressing meanwhile. I have all the patience in the world. Boomers don't and have no understanding of it. It is either doing an investment you expect immediate or at most a day's performance out of, or bluechip forever and don't worry. No in between.

[Anonymous No.19111931]

>>19111907
Here are my oil and tanker related positions

[Anonymous No.19111939]

>>19111931
no oil calls?

[Anonymous No.19111946]

>>19111746
HOLD ON SEA CAT

[Anonymous No.19111950]

>>19111915
Haha see point 4
>>19108459

[Anonymous No.19111956]

>>19111907
the only position he has is head dick washer and toilet bowl scrubber

[Anonymous No.19111958]

>>19111908
Who is writing calls right now though? Isn't that kind of ballsy?

[Anonymous No.19111973]

>>19111931
Why would you care enough to spend all day in here if you weren't personally invested? That's just sad

[Anonymous No.19111978]

>>19111939
Smart people dont do calls or trade penny stocks like dht

[Anonymous No.19111979]

>>19111956
b a s e d

Make sure to scrub the smegma off brennyboy.

[Anonymous No.19111983]

>>19111958
not if you're fucked up on hopium

[Anonymous No.19112003]

>>19111973
It's all spelt out in my manifesto at the top. I will buy when yall sell in 5 weeks

[Anonymous No.19112008]

>>19111915
30cents is too low to entice the dividend hunters on a stock like this.

desu, I lost money on TGP doing dividend capture.

But hey, price not going up today definitely means I won't be tempted to sell DHT today.

[Anonymous No.19112009]

>>19111978
learn to read and you might not have to clean my dick cheese for a living.

[Anonymous No.19112021]

>>19111958

>>19095282-->

[Anonymous No.19112040]

>>19112003
But if tanker stocks are worthless why would you ever buy in?

[Anonymous No.19112054]

>>19112009
I'm retired I'm just trying to educate you fatherless retards on the stock market so you can make some money and pay taxes for my social security

[Anonymous No.19112080]

>>19112054
>boomer larp
you missed a spot. just because i have forsekin doesn't mean you can slack off brennyboi.

[Anonymous No.19112100]

>>19112040
There is value at much lower prices. I figure maybe 25% of tangible asset value, not based on the financial statements but real tanker prices to reflect 50% less oil transport

[Anonymous No.19112122]

>>19111983
Surely even on hopium they understand value.

>>19112008
Eh, I mean it is an absolutely huge value. Buy shares for 6.30 for 30 cent dividend, what, it is going to go sub-6 for long if it even does? Proportionally it is enormous. I think it is kind of a dumb miss for them, but whatever.

>>19112021
Kek.

[Anonymous No.19112151]

>>19112122
look at how low the volume is while the price keeps shooting up. people are bidding high as hell for no reason. this isn't about value

[Anonymous No.19112168]

Like how could you look at this chart showing billions of capital destruction in DHT and think yes I want those clowns managing my money

[Anonymous No.19112195]

It's up over 5% on almost no volume. The only times there is significant volume is when it's going down.

This HAS to be one entity just slowly bidding high over and over and over and over.

[Anonymous No.19112216]

>>19112151
>75k open interest still
They got to be joking. Again, sell off by 2:30? What kind of balls do you have to have to go long on it if it isn't about value.

>>19112195
Probably, but just wtf is his game plan?

[Anonymous No.19112232]

>>19112195
Let me get this right oil is soaring and you say its crashing. Are you bi polar?

[Anonymous No.19112252]

>>19112122
Most normal people need social confirmation to decide on anything, I honestly dont think the average investor even looks at balance sheets.

Once prices start moving and the media start saying nice things they'll be straight in

[Anonymous No.19112262]

>>19112232
Hey Brandon where are we going to put the oil?

[Anonymous No.19112279]

>>19112168
Zoom in the graph.

Also, kek, your own print showing tankers green across the board.

[Anonymous No.19112287]

>>19112216
squeez some more shorts?
piss off some people?
make huge money on his comin shorts?

anyway (((THEY))) know what they are doing

[Anonymous No.19112317]

>>19112216
>Probably, but just wtf is his game plan?
To keep prices high until the final MEGASHORT!

[Anonymous No.19112319]

>>19112168
>chart showing billions of capital destruction
Thanks for discrediting yourself. Saves everybody else some time and effort.

[Anonymous No.19112326]

>>19112262
Why are you wrongly assuming we have to put "the oil" somewhere? Is it because some tard here made up a story so you would buy penny stocks

[Anonymous No.19112357]

>assuming we have to put "the oil" somewhere?
ahhahahahahahahahahahahaahahahahahahahahahaha

[Anonymous No.19112360]

>>19112279
Is that zoomed enough zoomie?

[Anonymous No.19112403]

>>19112319
Stock price went from $200 to $6. Market cap is .9 billion.

Yes they destroyed billions in capital

[Anonymous No.19112421]

Brandon likes to pretend he doesn't know what a stock split is.

[Anonymous No.19112483]

>>19112403
>Stock price went from $200 to $6
Not it didnt.
You are an idiot or a really bad liar.

[Anonymous No.19112528]

Holyyyy fuckkk crude gapped up to 29.36 and has pretty much stabilized. What happens when they gap down? What the fuck is going on? Is this it bros?

[Anonymous No.19112543]

monday is going to be apocalyptic

[Anonymous No.19112555]

>>19112483
Arent you the guy that lost 60% on tankerturds?

[Anonymous No.19112566]

>>19112528
>still denying reality
The more you build this up in your mind the worse it will be for you next week when TANKers dont moon.

[Anonymous No.19112587]

>>19112543
Yall have already lost 60% on your "sure thing" funny thing is you can lose another 60% on what's left

[Anonymous No.19112592]

>>19112566
>1 post by this ID

You obviously have no idea how the futures market works, where are we going to put 180 230 million barrels of oil Brandon?

[Anonymous No.19112604]

>>19112543
For tankie bagholders yes. When DHT drops to the low 5’s it will be hilarious reading the the confused posts from people who feel they’re smarter than the market.

[Anonymous No.19112616]

>>19112566
Yep, they need a 150% gain in STNG just to break even

[Anonymous No.19112633]

>>19112543
>monday is going to be apocalyptic

[Anonymous No.19112640]

>>19112604
>who feel they’re smarter than the market.
i.e anyone who trades on the market at all. retard

[Anonymous No.19112693]

>>19112640
No just retards itt because you don’t understand supply chains and how ex div affects share prices.

[Anonymous No.19112698]

Someone doesn't want oil to crash. Who are we getting against? What will they do with all the barrels?

[Anonymous No.19112725]

>>19112698
well, they have to somehow store the barrels, and given the millions of barrels at see trying to unload, they'll be hard pressed to find anything that's not a tanker.

[Anonymous No.19112726]

>>19112693
You guys actually just have a list of copy and paste responses it's hilarious

[Anonymous No.19112728]

>>19112252
More reason why i hate people.

>>19112287
Probably right, I just wish I could understand his time frame he has in mind. Also hating how due to the recent news with China boomers everywhere are like "WE ARE GOING TO WAR SOON. OIL GOING UP DUE TO WAR." This seems to be the prevailing reasoning people are rationalizing the movement with.
In general, war is the big rumor of the day.

[Anonymous No.19112735]

>>19112698
Sell them for $27 or more

[Anonymous No.19112753]

>>19112698
I suspect we'll have to keep an eye on the news for the next couple weeks to find out what moron did this.

[Anonymous No.19112754]

>>19112693
No, you imbecile, EVERYONE who trades on the market, for anything, think they're smarter than the market. This is extremely simple basic econ 101 shit.

[Anonymous No.19112786]

>>19112726
Is that how you dismiss facts when more than one person confronts you on a topic you’re ignorant on? Sheesh rough road ahead for you friend, I advise you to start at investopedia and do some research. Then use simulated money before throwing away your real money.

[Anonymous No.19112810]

>>19112728
>In general, war is the big rumor of the day.
isn't this the only near term tankie downside risk? those carriers and jets use tons of fucking fuel, right?

[Anonymous No.19112816]

>oil price up
>tankers also up

what kind of sorcery is this? have the algos finally figured out that tankers are NOT the inverse of oil price?

[Anonymous No.19112837]

I'm going through an existential crisis, lads. What is real? why does oil go up in price when inventories increased 7.5m this week? I'm thinking I'm a pawn in a simulation to test mental resilience on humans.

[Anonymous No.19112860]

>>19112754
No, in this case you’re more retarded than most because you’re bagholding while share prices plummet. Meaning people are smartly selling while you don’t.

[Anonymous No.19112864]

>>19112837
>
x

[Anonymous No.19112866]

>>19112837
no clue why it's clacking, brother
all we know is that at some point it has to stop

[Anonymous No.19112915]

>>19112860
Goalpost shifting, you said they're retards for thinking they're smarter than the market, period, which just puts your stupidity on display, showing you don't even understand what a market is.
Good thing you don't actually trade on you convictions, you'd be wiped out overnight.

[Anonymous No.19112951]

>>19112866
I'm concerned that millions of barrels are being stored in the SPR and tankers are forbidden from unloading; all to support the shale industry to reduce bankruptcies.

[Anonymous No.19112963]

>>19112915
>you said they're retards for thinking they're smarter than the market, period
Yes and we're in a tanker thread and we're talking about the fact they don't understand ex div. What are you trying to prove? That I was making a generalized statement on the market?

[Anonymous No.19112976]

>>19112951
SPR doesn't have room for enough to make a difference

if you emptied cushing down entirely RIGHT NOW, you still wouldn't be able to store all the shit that's in the saudi flotilla alone

we are witnessing epic bullshittery

[Anonymous No.19112984]

>>19112860
>smartly

Oh my god you're beyond ignorant it's too good.

[Anonymous No.19113022]

>>19112963
>That I was making a generalized statement on the market?
That you don't even understand that you statement is a general statement on the market. And it seems like the only thing you'\re able to do is repeat "ex div", like a parrot, and that's why you don't actually understand what's going on and why you wont invest on your advice.

[Anonymous No.19113071]

>>19113022
You need to learn how to read, I was specifically referencing DHT, go back and read the comment chain before trying to start a semantics debate to cope with the fact you're retarded when it comes to dividends and how they affect share prices.

[Anonymous No.19113080]

>>19112816
anyone?

[Anonymous No.19113086]

>>19112837
>>19112951
It is all concerning. And highly confusing.

>>19112976
Yet no one is calling it out professionally. You think someone big would be angrily yelling at what is being set up, but nope.

[Anonymous No.19113094]

VACCINE NEWS:
>WE ARE GEARING UP UNDER THE ASSUMPTION THAT WE WILL HAVE A VACCINE SO WE'RE READY TO GO

you've got to be fucking kidding me
THIS is what the market's been operating off of all day

>>19113080
tankers are down

[Anonymous No.19113130]

>>19113086
FRO, TNK, OSG, EURN are all up for me right now. only DHT is down?

[Anonymous No.19113139]

>>19112728
Same buddy, I used to try to fit in with them with some success but its not worth it to me anymore, I just wanna be left alone.

[Anonymous No.19113147]

>>19113086
>It is all concerning. And highly confusing. Even though anons have been spoonfeeding me on why tankers are a bad hold for weeks.
Don't worry, keep holding, they'll moon any second now! :^)

[Anonymous No.19113153]

>>19113130
they were going up along with everything earlier and then dropped/crabbed while oil continued to skyrocket over the bullshit vaccine announcement

[Anonymous No.19113181]

>>19113094
>We will have a vaccine
Certainly not now or within many months. Lol wut. Also, tankers aren't down. FRO, EURN, and TNP are up. DHT, and STNG are down. It is a mixed day someway somehow.

>>19113130
Wrong poster you replied to.

>>19113139
Let me guess, want a cabin/modest house in the woods too?

[Anonymous No.19113185]

>>19113071
No you 70 IQ narcissist, the whole point is that using that as a statement against "specifically" tanker traders shows you don't understand that that's how the market generally works and so your statement is meaningless.

[Anonymous No.19113260]

It's really upsetting that oil is rocketing because of the world's thinnest hearsay, backed up by nothing

[Anonymous No.19113283]

>>19112837
Just relax dude!
Just follow through with the plan.
You should be chilling right now.
The chances of Oil crashing Monday are very getting higher as evidence mount, don't doubt yourself.
Are you going to sell now when the reward is so much higher than the risk? If you do, then close your account completely because the stock market isn't for you.

[Anonymous No.19113355]

>>19113260
Economic "news" is retroactive; price goes up, reporter matches an event that logically follows. I highly doubt actual investors are concerned about hearsay virus bullshit day to day.

[Anonymous No.19113370]

>>19112837
If you decided to bet on tankers but this is enough to freak you out, you should seriously get out of the market now, you're going to get wrekt. You must have always have confidence in your moves, even if you're wrong sometimes.

[Anonymous No.19113403]

REMINDER TO FILTER BRANDONS, BUT ENGAGE BEARS - We should strengthen our understanding by putting argument to argument. Brandons will dodge the moment you retort. They're only here to try to shit up the thread. It takes two to do that.

Example:
>>19111106
BEAR
>>19111013
BRANDON

Reply with oil anon's post, Samefag FUD proof, if you must, then Filter by ID, Refresh, and enjoy some classic TSG.

>>19109165
Amen lord Carroll

>>19109499
Anon Why are you speaking like an authority? how much do you know about the tanker sector? Do you know Reddit has Bloomberg's top shipping analyst posting about LONG tankers? I guarantee I know more than you.

>>19109784
Interesting, thanks anon.

>>19111106
>>19111123
Long STNG and EURN are good ideas. Tanker avg ship life is reaching scrapping age once charter and spot prices drop, so we have a bottom for tankers that's close by, that destroys tanker supply and increases demand.

>Once this contago situation goes away, reserves are maxed, demand will steadily increase for oil. No need for tankers except for transport...it's a bleak future for tankers.

This isn't coherent. Contango will go away eventually, we're betting on not within 1-3 months (those of us playing short term). Reserves are maxed is bullish for tankers so I'm not sure what you mean. No need for tankers except for transport, yes, that's the long tanker play... tankers for transport is a good thing, I'm not sure what youre saying here.

>>19111732
Same, buy a place to live in with a nice guitar and piano and pc. Drive a corolla around, buy my parents a new place to live, my dad a new car.

>>19113370
Listen to this guy, Tankers are a choppy ride. You need iron hands. One day you're euphoric from 20% greens, the next you're gonna question yourself from subsequent 10% reds.

[Anonymous No.19113432]

>>19113181
Yup, thats what I'm in this game for, so i can hopefully make enough to become at least somewhat self sufficient, I'm guessing thats your plan too?

[Anonymous No.19113442]

>>19113283
Thanks; I manage risk well so this at worst kills 5% of my portfolio, I just hate the feeling I'm missing some major piece of information.

[Anonymous No.19113490]

>>19113260
Dude.
Right now June contracts are higher than July's.
Do you think that someone needs delivery that desperately that they can't wait another month for their oil when there are plenty of tankers filled with oil waiting to dump oil?

There is no difference in buying a June or July barrel right now!

[Anonymous No.19113492]

>>19113442
here's a good one >>19112951
It seems like anything can happen, but the chips will eventually, and it seems like tankers are on the winning side of the bets.

[Anonymous No.19113561]

/TSG/ FRIENDLY REMINDER TO TEMPER EXPECTATIONS FOR NEXT WEEK.

I see too many of you banking all your hopes on Tuesday, we have no idea how or how fast the market will react. Let the play play itself out over the course of next 15 days. You're setting yourself up for failure by pinning your hopes on one day. If trading was this easy, we'd all be rich by now.

>>19113355
checked, correct. They just pin whatever positive headline onto market movements.

[Anonymous No.19113646]

>>19113561
This. Patience is your fren.

[Anonymous No.19113661]

>>19113561
Yeah I hope you guys didn't invest all your savings in this shit. Got some FRO 7.00$ for next month, decent deal at 1$, lets see how it goes.

[Anonymous No.19113747]

So CNBC, a guy went on and said oil is now in BACKWARDATION. Saying since production is cut so low, oil is now worth more intrinsically today than months out, meaning prices will fall going forward. Just how full of shit is he? Wtf is wrong with him to suggest oil is worth more now even more than current price when you can't fucking store it?

>>19113432
Completely. I want to be in a wooded low population state, good gun rights, living far away from anyone with no neighbors for miles. Then be self-sufficient/prepper. And also piss off Amazon drivers by having them drive 10 miles to my house for delivery.

[Anonymous No.19113811]

>>19113561
I got patience, I just want to go back to more reasonable prices is all. I literally just want DHT, FRO, and EURN to go up a 1.25 on average to break a bit above even, all I ask for. I got patience for the rest of my gains, that price target shouldn't be unreasonable.

[Anonymous No.19113824]

>>19113747
>So CNBC, a guy went on and said oil is now in BACKWARDATION.

[Anonymous No.19113886]

>>19113185
>>19113071
>>19113022
>>19112963
>>19112915
>>19112860
>>19112754
>>19112693

Been following this, nice job. Guy bought into Brandon shilling that we don't understand divs. We;re expecting appreciation not related to DIVs. What the fuck is so hard to understand. Divs are just a cherry on top. OF COURSE WE THINK WE'RE SMARTER THAN THE MARKET, LITERALLY EVERYONE THINKS THEY;RE SMARTER THAN THE MARKET IN EVERY SINGLE MARKET EVER. holy fuck that's the stupidest thing I ever read.

>>19113747
CNBC is literally the most manipulated and normie thing in the world. I honestly don't get how boomers don't hold them accountable for all their bad advice. Guy might be right in his concept, but he hasn't factored in storage (probably deliberately)

[Anonymous No.19113941]

>>19113886
>everyone is a degenerate gambler so its cool that ill make pennies from dividends as share price plummets
nah plenty of people have made the right move in getting out of the sector after contango ended, DHT anons will learn what the reality is next week and they wont be able to hide.

[Anonymous No.19113952]

>>19113886
>Guy bought into Brandon shilling that we don't understand divs
No I didn't, basically just told him the same thing you said right that that.

[Anonymous No.19113976]

>>19113952
*right after that.

[Anonymous No.19114040]

>>19113941

Anon you keep straw manning cause you don't have strong arguments. Our short term play is based on storage news suggesting contango hasn't ended. Our investments or bets are based on the aggregation of tanker, oil, and storage news this pointing to this direction. Our long play is built on overall tanker market and supply demand situation skewing to demand. Medium term, because of low supply, any events can jack up spot rates. (COSCO sanctions, hurricanes, etc...)

>>19113952
>>19113976

yep, im on your side

[Anonymous No.19114051]

A haiku for Brandon:
Brandon's paid today.
He spends his check on condoms,
But he never gets laid.

[Anonymous No.19114064]

>>19114040
oh ok well nervermind, cheers

[Anonymous No.19114075]

>>19114040
>Our short term play is based on storage news suggesting contango hasn't ended.
It has and that will be proven to you on monday just like its been proven to you every day this week as oil surges and the world reopens. You might as well start looking long term and drop the short term moon larp. Theres certainly unforseen events that could help tankers in the future but the immediate gains are in the rear-view mirror, theres an abundance of data to back that up.

[Anonymous No.19114091]

>>19114051
tfw messed up
damn these coffee jitters

[Anonymous No.19114143]

>>19114075
>data
I'll show you mine if you show me yours.

here, I'll start.

[Anonymous No.19114150]

>>19114075
Can you respond to the fact that there is not enough storage for the oil on the tankers?

[Anonymous No.19114158]

Why the hell is oil going up with contracts rolling over next week. OIL ANON wheres the dump.

[Anonymous No.19114186]

>>19113824
The name is funny, but basically he shilled saying we now exited contango and fully reversed into where prices are higher now than in the future. As hilarious as the name is, he basically is saying the reality is the opposite of what every well-informed analyst has said it has been for the past few weeks. Which I don't get and if he is wrong he should be fined for every poor sap he is leading into buying oil right now because as far as every news ever the past month has given, this is highly irresponsible advice.

>>19113886
I know it is manipulated, but that is just the most 180 clown world assessment I have yet to hear, and he is a professional oil commodities trader they bring on to talk about oil all the time. He quoted rigs being shut down with 1.5k down to 92 from Rystad report and argued a demand shock. But sir, where the fuckity fuck are you going to put the oil you buy? What are sellers going to do when they have to get rid of inventory and no one is buying? Is he seriously missing this basic economics 101 interaction on purpose?

[Anonymous No.19114210]

>>19114150
Its simple, the lack of storage was a result of the lockdown which is being lifted as we speak and things are ramping up. This allows the supply chain to start using the oil as they get it and no longer need to store it. This reality is reflected in oil prices.

[Anonymous No.19114244]

STOP ARGUING WITH BRANDON. HE IS 100% DISINGENUOUS

CLOWN MARKET GONNA CLOWN UNTIL IT MEETS PHYSICAL REALITY. EXACTLY LIKE LAST MONTH

[Anonymous No.19114276]

>>19114186
>he shilled saying we now exited contango and fully reversed into where prices are higher now than in the future
fully aware. I think it's hilarious. Maybe he's talking about 14 months from now.

Brandon likes big words
Three syllables, "contango"
Contango deez nuts.

[Anonymous No.19114303]

>>19114210
>No need to store it
It's crude. We can't "use it as we get it"

There are tens of millions of barrels sitting in a flotilla. Will they sit there for another 2-3 months? Who wins in that situation?

[Anonymous No.19114321]

>>19114143
>>19114075


Jet fuel, wiped out.

Gasoline?

Here's China's TomTom data, who exited lockdown a month ahead of us. notice between rushhour traffic is down 70%, meaning people are only driving to and from work (Which CCP MANDATED to try to kick start economy). between hours they're staying home. America? Work isn't mandated to start yet. Civilian behavior has not changed since lockdowns and won't for a while because...

https://globalnews.ca/news/6947181/china-wuhan-coronavirus-cases/
Cases rising again in china, cases are a lagging indicator of infections = 1 case = likely 15 undiscovered cases

America is seeing an increase in cases too, and so behavior rightly will not change. That gasoline demand is not going up. Show me the data otherwise.

https://globalnews.ca/news/6947165/coronavirus-latin-america-records/

Brazil and mexico are getting fucked too. You're running on hope anon.

[Anonymous No.19114327]

>>19114244
>HE IS 100% DISINGENUOUS
I've been right every step of the way and next week will completely validate everything anons have said about tankers being a bad play. You'll have no more mental gymnastics to hide behind. It will turn into a long play hinged on an act of god to skyrocket prices instead of just investing in a growth sector for easy gains.

[Anonymous No.19114331]

>>19114244
Arguing with him reaffirms that we are right. He just keeps stawmaning.

[Anonymous No.19114344]

>>19114210
Old buddy old pal, lift your head up above what is happening in the US - how's the reopening going elsewhere? Absolute spanner.

[Anonymous No.19114351]

Buy REFR

[Anonymous No.19114358]

I'm not typically one for memelines, but this is converging, right?

[Anonymous No.19114375]

>>19114344
The main oil users are ramping back up which is a significant difference when comparing to how we were during contango.

[Anonymous No.19114383]

>>19114276
No. He is talking about June and July. He literally thinks June should be this high or higher and that demand needs it that badly. "Why is oil going up?"
>"Well, because no production and reopening increased demand, if you look at the futures June and July are going up far more than the ones later, hence backwardation from here on as we exited contango...."

He literally argued we need this oil now at higher prices than in the future on the air. I am so confused as to how he could think this, or how there won't be a lawsuit if he is wrong. As >>19114303 said, WE CAN'T USE IT AS WE GET IT. SO WHO HAS THE MEANS TO STORE ANYTHING THEY BUY HERE.

I am concerned about everything. And most of all pissed that boomers are taking a piss at me for it.

[Anonymous No.19114406]

>>19114321
>>19114327

wrong graph actually but close enough. notice how on Sunday, NOBODY is going out.

[Anonymous No.19114421]

>>19114358

suggests explosive move in either direction, we know which thatll be.

[Anonymous No.19114428]

if dubs dht remains unchanged on monday, free dividends

[Anonymous No.19114433]

>>19114406
compare that to 3 months ago

[Anonymous No.19114439]

>>19114375
My man, 'ramping up' is misleading terminology purposely used by permabulls which runs contrary to the data - the usage of oil is increasing again, slowly, well below supply. As long as there is a deficit each day, the backlog grows and tankers do better over longer.

[Anonymous No.19114466]

All this worrying of day to day and week to week. Find piece, find dividends friends. You will make your profits in time. Be patient. Remember to place your trust in Saint Carroll.

[Anonymous No.19114476]

>>19114439
Its literally what is happening, businesses and industries are reopening for business, supply chains all across the world will start moving and that uses fuel. Couple that with oil production cuts and there will be no threat of oil over production, you'd have better luck hoping for an oil shortage at this point.

[Anonymous No.19114477]

>>19114383
yah, i read that wrong, but he will be right if we zoom out and there's long-term production slowdowns like we're predicting as a possibility due to supply glut. I really think the only way to prevent this is a really hot war.

>I am concerned about everything. And most of all pissed that boomers are taking a piss at me for it.
chill senpai. Maybe take a break and work out. No good being financially independent if you get hypertension on the way & it kills you early.

[Anonymous No.19114484]

>>19114351
Why? Does REFR have something to do with boats or feet?

[Anonymous No.19114482]

>>19114428
strong fund flow

[Anonymous No.19114489]

>>19114433

That's your responsibility anon. And you have to explain why when you pull the data too. Where's the rest of your data? I'm waiting

[Anonymous No.19114490]

Can I ask what the long term play is for you tanker chads? Have anyone of you experienced when tankers shot up?

t. Just bought $500 FRO.

[Anonymous No.19114523]

>>19114490
There's no long term play. We're waiting for the sudden upshoot that we believe will come before q2 earnings reports, then we'll be selling at massive profit. Some might be interested in pivoting into oil, some will stay in tankers a bit longer because they do have great dividends that are safe for a while, and some will just short them after the top.

[Anonymous No.19114526]

>>19114489
You brought the data so why not show the whole picture instead of a tiny sample size with no comparison to trends and normal traffic rates. Its completely meaningless data.

[Anonymous No.19114529]

>>19114490

see http://classicvalueinvestors.com/2020/05/10/most-important-chart-for-tankers/

Also, last year tankers shot up from COSCO sanctions, looking more and more likely as China has been trying to walk back trade deal, tensions are rising as West is putting blame on China, rightfully

[Anonymous No.19114544]

>>19114484
They make really cool glass. Not a tanker thing so not sure why he is shilling it here

[Anonymous No.19114549]

>>19113941
>will learn what the reality is next week and they wont be able to hide.
Same for the rest of people.
Thing with Oil is. When the contract ends.

>>19114210
>the lack of storage was a result of the lockdown which is being lifted as we speak and things are ramping up.

Lack of storage was a result of China stopping production and filling their own reserves which are the largest in the world for a non producer.
The grounding of planes worldwide.
The lockdowns across Europe and UK and finally the lockdowns in the US.
The production cuts weren't enough and there is oil still in transit waiting to be offloaded.

Refineries and other users of crude oil haven't resume operations and the oil is still pilling up.

Look at it this way. You stop at a traffic jam. Caused by an accident they had to cut all lane but one.
It's good now, 2 lanes are open and the 3rd opens in 30mins.
You are the guy telling another dude on phone that in 30mins you'll have no problem going through because your lane is opening up.
Problem is, you're all the way backed up and still 1 hour away from the from of the line even with the new lane in 30m.

These things aren't instantaneous.
In my country they closed all refineries to make space in the tanks for the cheap oil.
You think they need June oil when July is same price? Why would they pay now when they can pay same 1 month later?

People buying this contract are high on hopium.
Companies ready to receive are probably waiting for the final hours of rollover to buy it at negatives again, hence de low volume.

You know who's probably buying oil now? The US government to keep the price up.

[Anonymous No.19114555]

>supply chains all across the world will start moving and that uses fuel

https://www.npr.org/sections/coronavirus-live-updates/2020/05/15/856253115/retail-wipeout-sales-plunge-a-record-16-4-in-april
haha, the recession has started and there's nothing that can be done. The unemployment will stay at 10%+ U6 probably at least 20% unless we get an FDR style public works policy. that consumption you're expecting probably only happens within 2 years with a hot af war.

[Anonymous No.19114575]

>>19114477
That's fair. Thanks for being warm and comfy fren. I agree it is a possibility long term. Fully. Which I unironically think will offer a triple profit opportunity for tankers in that they ride contango with high rates, demand shock happens and they scrap to preserve high rates, and then production skyrockets again and makes another contango which tankers charge obscene rates for with lower tanker supply to make it better. But I am not nearly that hopeful in practice, not delusional.

But my issue is simply he implied this and next month's contracts, which I mean....supply glut. Doesn't matter if it is "worth" more if you can't buy it. I don't get what I could possibly be missing for that to be ignored.

[Anonymous No.19114580]

>>19114526
Anon there's comparisons to 2019 data... what's the significance of 3 months ago vs 2019? So you don't even know how to read charts?... no wonder you said that dumbass shit about the market. you're retarded.

[Anonymous No.19114585]

>>19114476
Chum, you are overestimating the extent to which economies are opening up - workplaces are still largely mandating individuals work from home, particularly in Europe. Look at the anon above RE China where they mandate they commute, the numbers are way down. Social distancing/fear ensures depressed consumer confidence and spending for months to come, which further impacts the flow of good and services that oil supports. Demand is increasing but will remain subdued for some time yet.

With regards to production, you are placing too much faith in the extent of the cuts. I'd encourage you to look at some of the countries involved - largely nefarious/inept, desperate to get on over the other players. You should note that reporting on cuts is usually vague (ie it's not happening), or due to accounting trickery (ie it's not happening). The taps will not be turned off - it's about market share. Plus it physically damages the fucking wells, anon.

[Anonymous No.19114602]

>>19114575
>I don't get what I could possibly be missing for that to be ignored.
unless you're leveraged to the tits, i wouldn't be too concerned.

[Anonymous No.19114604]

>>19114555
Thats where oil production cuts come in, you're assuming things don't scale up and down and oil will keep piling up indefinitely and that will make tankers as a storage device a gold mine. You're wrong because you lack the basic understanding of supply and demand. The contango fueled by the lockdown is simply not going to happen again because the variables are different.

[Anonymous No.19114628]

>>19113561
This. I got iron hands and enough money to buy other shit (which I won't now because we are going down soon). I have a lot of faith in DHT and it's management. I support the decision to charter their ships for 100k a day. Good going Svein the man. Anyway, don't expect these tankers to suddenly moon next week. The tanker market moves fast but also very slow at the same time. It's both a very fluid and rigid market with strong cycles. Let's see what happens and judge on that.

[Anonymous No.19114638]

>>19114580
>what's the significance of 3 months ago
Because thats when China was at the height of their lockdown you retard. Thats why you're avoiding that point because it will completely wreck your argument against lockdowns lifting and supply chains moving accelerating.

[Anonymous No.19114662]

the saudi flotilla is completely forgotten

[Anonymous No.19114702]

Keep holding bros, we're gonna make it

[Anonymous No.19114723]

>>19114490
Should have bought DHT. You would' get 25$ free dollars at the opening on Monday.

[Anonymous No.19114736]

>>19114585
>Chum, you are overestimating the extent to which economies are opening up
Tell that to the economy and the market which disagrees with you. Its your money to lose.

[Anonymous No.19114757]

>>19114490
shill these stocks enough to the point where new buyers come in and then we unload our stocks on the-.... oh wait

[Anonymous No.19114764]

>>19114075
You might be right. But I am indeed in it for the long haul. The divvies are a bonus but this sector is the only one which is undervalued at the moment. Apart from a few select gems then.

[Anonymous No.19114788]

>>19114764
>this sector is the only one which is undervalued at the moment
Depending on the company I'm not sure thats accurate, some tanker companies are actually overvalued still.

[Anonymous No.19114798]

>>19114638
That makes no sense retard. My point isn't that traffic is NOT accelerating, it's that traffic has NOT ACCELERATED at the pace bulls are predicting. Holy fuck youre dumb, you can't read a chart, you don't know what a market is, and you think I'm saying traffic is staying at 3 months ago levels.

Where's the rest of your arguments? The other anon blew you the fuck out, now I've done the same. You're actually retarded, and not in the good way that makes money.

[Anonymous No.19114799]

>>19114723
Fro will likely have good dividends as well. Eurn is probably the best pick for the divvy chaser though.

[Anonymous No.19114801]

https://www.bloomberg.com/news/articles/2020-05-14/saudi-oil-rush-threatens-to-disrupt-stabilizing-u-s-oil-market

Can anybody read this? I'm not paying for it and don't have any free articles left

[Anonymous No.19114837]

>>19114798
>My point isn't that traffic is NOT accelerating,
You refuse to show data from when it was at the worst in China though. You're comparing it to normal levels which its obviously not at but you're not showing levels from the height of the lockdown which would prove an increase in traffic. Completely flawed logic.

[Anonymous No.19114841]

>>19114662
He fell for the meme
He believes fake news

[Anonymous No.19114856]

>>19114602
I am leveraged hard, but not hard enough to get margin called. But I DCA'd so hard that, again, for tankers I am only asking a dollar up about more on average across the board (Not counting STNG). And now SCO is weighing on me a bit which is what I am actually concerned with, my leverage was balanced good for a long wait until I threw in SCO which is killing me now.

[Anonymous No.19114872]

>Thats where oil production cuts come in
>you're assuming things don't scale up and down
>You're wrong because you lack the basic understanding of supply and demand
that's where game theory and reality need to be considered. The damage from capping and cost to do so will put individual producers at a disadvantage. not a single one will lower production below the minimally allowable levels unless there are non-productive wells that were going to get shut down anyway. The debt bubble will require shale to get bailed out because they will choke to death before the supply glut comes down because it seems like it will indefinitely remain around $20 - $35. I think you are the one who fails to understand basic microecon and economies of scale.

>we need a supply cut so supply does not outpace demand
>producers are no-cooperative entities
>the producers will have smaller margins if they cut off first and can continue to service debt if they continue to produce and sell we reach nash equilibrium where all producers continue to pump all wells that remain profitable when demand returns
>not enough wells shut down
>oil supply outpaces demand

[Anonymous No.19114905]

>>19114788
*some companies in the tanker sector and the prospects of the profitability of said sector, are underestimated

[Anonymous No.19114909]

>>19114799
Not gonna lie fren. I love you all but if Oil crashes I won't stay for FRO's earnings, let alone the divvy.
I'm gonna go away by Tuesday.

[Anonymous No.19114919]

>>19108246
Holding for tuesday, going to buy on dividend date. Don't want dividend. Want cheap price. Have short on Crude, just sold my oil ETF's for 30 dollars profit, 30 more dollars for DHT on tuesday after dividend.

[Anonymous No.19114922]

>>19114662
>he thought Trump would let the US oil industry die

[Anonymous No.19114928]

>>19114909
What are you going to do when oil rises and you lose another 10%

[Anonymous No.19114938]

>>19114801
I pdf-ed it

https://www102.zippyshare.com/v/q6X02oKb/file.html

You can virus scan it if you want

[Anonymous No.19114951]

>>19114928
jokes on you my calls are 100% worthless ATM i can literally only go up from here

[Anonymous No.19114955]

>>19114801
It's about a Iranian prostitute called Usoilma Rket that got ravaged by a Saudi Sheik during an oily nuru massage.

[Anonymous No.19114985]

>>19114938
i ain't clickin that shit nigga
if i could even figure out what to click

[Anonymous No.19115023]

>>19114909
Don't expect next week to be the big bang. Expect more June timeline.

[Anonymous No.19115063]

FRO CHADS
OH YEAH

[Anonymous No.19115073]

>>19115023
This, i'm getting the feeling retail is going to retail when everything doesn't 400% by Thursday

[Anonymous No.19115109]

>>19115073
retail is already out
all that's left is all the institutional money that's poured in over the past couple months, and us
once fomo starts i don't think there's any stopping this train

[Anonymous No.19115142]

>>19114928
They are not correlated. But if it drops, I keep the position. And keep swing trading it.
I'll see what DHT does on ex-date and see what's more profitable, staying for divies or shorting the gap. I'll do that with FRO.

I doubt nothing happens Monday, because they are already going up in anticipation.

But yes, I have my contingencies in place. And unlike your shitposting advices, they don't involve selling on a loss. I've done good DCA and swing trading. My DD tells me books are good, that's important. Nothing to fear.

[Anonymous No.19115181]

>>19115109
>https://www102.zippyshare.com/v/q6X02oKb/file.html
Exactly this.

There's no retail left except for us.

There is retail on NAT though.

[Anonymous No.19115246]

>>19114801
Block scripts, you tard.

[Anonymous No.19115280]

>>19114801
While West Coast crude stockpiles are currently at 58.2 million barrels, nearing full capacity, the inventory picture is brighter on the U.S. Gulf Coast, America’s refining belt. Crude inventories there are 88 million barrels shy of reaching total storage capacity.

Oil imports from Saudi Arabia are not set to slow down anytime soon even though the kingdom deepened its production cuts and raised prices for June supply, with demand still coming from refiners that process the heavier crude.

Over 30 ships are set to arrive on the U.S. Gulf Coast and West Coast during May and June, according to ship tracking data compiled by Bloomberg. The more-than 50 million barrels of Saudi crude on the water threaten to upend a positive supply development: U.S. crude stockpiles declined for the first time since January and inventories at the Cushing, Oklahoma storage hub contracted by the most in months.

[Anonymous No.19115291]

CNBC shoveling absolutely gobbledygook oil hopium

it's all gonna be cool THIS month because reasons

[Anonymous No.19115322]

>>19115023
>>19115073
>grief stage: acceptance

[Anonymous No.19115369]

>>19115322
By your logic wouldn't that be bargaining?

[Anonymous No.19115387]

Oh... Oh...
They are starting to realise, they don't want to hold contracts for something they can't take delivery.
Better sell high and before the market closes for the weekend.

[Anonymous No.19115388]

>>19115280
Can somebody tell me why the Saudis are sending over the oil? I mean, geopolitically they do it to fuck over America's self dependence. But how do they spin this when shit hits the fan when they arrive with a fucking absurd load of oil? It's quite an obvious plan. Why would America let them in? Who pays for the oil?

[Anonymous No.19115390]

>>19114837

You're deliberately misunderstanding my point, and the data I've provided shows consumer behavior has not returned to normal 1 month after the fact, and hence shows why American oil consumption will not return to normal within the required timeframe to escape contango, taken in account with Cushing being filled, and massive amounts of oil still being produced and shipped.

Wayback doesn't work on live data, and TomTom only goes back 7 days with comparisons to average from 2019.
So That's all our data for this argument, and we have to work with what we have, unless you can point me to data showing the contrary, it proves my point, that is, gasoline usage has not returned to anywhere near normal levels yet, despite China being released from lockdown first, and hence we can rightly assume America's traffic will not return to normal yet, after just starting to end lockdowns. Remember, China MANDATED lockdowns end for economic reasons, America is currently WFH and are only partially ending lockdowns = far less consumption, EVEN IF we've locked down and released at the same times China has.

To summarise these points then,

>Tom Tom data shows traffic down massively after lockdown ends

>No traffic on days off compared to 2019, no traffic between commute hours

>Suggests acceleration of gasoline consumption is only slowly increasing, consumer
behavior has yet to return to normal

>Hence this and next months oil consumption will be lower than bull case of return to normal

>America's release is only partial, China's release is mandated, suggesting Chinese data is liberally skewed. America currently WFH as well

> Return to normal consumption will happen, but far slower than bulls expect.

>More than enough reason for oil to blow up in our face

If we can't agree my first point, we'll let readers decide, feel free to summarise your own points. let's move on. Where's the rest of your data? My turn to critique.

>>19114801

[Anonymous No.19115399]

finally some movement with actual volume
the downward move has momentum

[Anonymous No.19115401]

>>19114549
>Refineries and other users of crude oil haven't resume operations and the oil is still pilling up
This is the key point everybody is missing.
Traffic doesnt matter
Reopening doesnt matter
News DOES NOT FUCKING MATTER

If the crude isnt being refined, it cant be used. It MUST sit there, government mandates be damned. Refinery anon filled us in on this last week - refineries are full and they're cutting production. Since they're the bottleneck, the surplus will be upstream - namely crude oil.

[Anonymous No.19115416]

>>19115369
I'm only talking about the short term moon mission shit being shilled here but you're right if you want to scale it out.

[Anonymous No.19115491]

>>19115388
The reason the US even imports Saudi is because some refiners need the heavier Saudi crude. Can't use WTI. Saudi export to US had been declining over the past couple years. Extenuating factors lead to this surge in exports to the US this year, though Saudi actions certainly had nefarious intentions.

[Anonymous No.19115693]

[Anonymous No.19115786]

New
>>19115781
>>19115781
>>19115781