/tsg/ Tanker Stock General

[Anonymous No.18994832]

Captain Hazelwood did nothing wrong edition

>Spot rates
https://twitter.com/TankersInt

>Highlighted links
https://www.forbes.com/sites/sarahhansen/2020/05/05/why-are-oil-prices-rebounding/#3756e2252de6
https://www.youtube.com/watch?v=rjgwjKiSXWo [Embed] [Embed] [Embed] (good listen)

>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.eia.gov/outlooks/steo/report/global_oil.php (look at that V, lol)
https://www.mckinseyenergyinsights.com/resources/refinery-reference-desk/tanker/
https://www.euro-maritime.com/index.php/navigator?id=3080
https://www.youtube.com/watch?v=oWuyrlXI7nA [Embed] [Embed] [Embed]

>Maritime/tanker/oil news
https://oilprice.com/Energy/Oil-Prices/
https://www.rystadenergy.com/newsevents/
https://lloydslist.maritimeintelligence.informa.com/
https://www.marinevesseltraffic.com/2013/02/tanker-track.html
https://www.freightwaves.com/american-shipper
https://www.rigzone.com/
http://www.crweber.com/ (no https)

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

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

>Past earnings reports (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 this week
None

> 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

[Anonymous No.18994976]

these bags... they're too heavy... I can't hold them any longer...

[Anonymous No.18995013]

we goin green boys

[Anonymous No.18995143]

Inb4 Brandon's boss wakes him from his allotted 45 minute nap to get him back to "work".

>he does it for free

[Anonymous No.18995668]

>>18994976
Sell covered calls to lighten the load

>>18995143
>giving it attention

[Anonymous No.18995903]

Right now I'm holding DHT and FRO. I'm thinking that there's still a day or two to buy into a third and I'm looking at EURN and STNG. Which do you guys think would be the better buy?
Or should I not bother at this stage?

[Anonymous No.18995935]

>>18995903
I d9n't see why not, we haven't seen any of these companies jump yet and eurn is already a very safe pick.

[Anonymous No.18995942]

>>18995903
STNG looks undervalued.

[Anonymous No.18995958]

why would you want to purposely baghold?

[Anonymous No.18996081]

COLD DEAD HANDS

[Anonymous No.18996523]

I want to work on a fleet chart of these companies to help show who covers what to help our picks based on what is in demand. What level of detail is needed to be helpful? There seem to be a lot of categories of ships (vlcc, lng, lr1, suezmax, etc etc). My assumption is purpose is the most important. The following are purposes I know:
>Crude oil
>natural gas
>petroleum
>off shore
>dry bulk
>containership
How would you guys want it organized? My list is currently by ship classifications like aframax and all that but I want to avoid too much noise in detail if possible.

[Anonymous No.18996581]

>>18996081
Based
>>18994976
Hold them til they take you to Divvy Jones locker, my boy.

[Anonymous No.18996597]

My calls are down 70%

[Anonymous No.18996621]

>>18994976
>that pic
You do realize what happened next right

[Anonymous No.18996675]

>>18996621
>UNLIMITED EARNINGS!
>>18995935
>>18995942
Alright guys I think I'll buy a chunk of STNG. Thanks. I hear good things about EURN for half the price though. I could sell some DHT/FRO and get a smaller slice of both I guess. Well there should still be a couple days to decide, and people were predicting a final shakeoff heading into the end of the week.

[Anonymous No.18996698]

>>18994976
>>18996621
PROOOOFIT! Unlimited.....PROFIIIIIIT!

[Anonymous No.18996905]

>>18994832
Wait, why did FRO move their earnings date so far back? I thought they wanted to report on the fourteenth? Wtf happened?

[Anonymous No.18996961]

>>18996905
Unknown. Could be they're waiting for some critical financial data to come in so they can report insane earnings to try to outdo the fantastic results from their competitors. Could also be they're in trouble.

[Anonymous No.18997004]

>>18996961
Didn't all the data from FRO point to good things, though?

[Anonymous No.18997008]

>>18997004
That's why I said 'unknown' and not 'they're fucked'.

[Anonymous No.18997011]

>>18997004
Its all good. DHT reported a huge win and the stock dumped. Uber reports a massive loss and the stock pumps. This is a clown world and I give up

[Anonymous No.18997032]

>>18996961
Usually pushing them back is a bad thing, and everyone else has pushed earnings forward. But I for the life of me would not be able to understand how they would be the only tanker company to do poorly. That would make no sense. The biggest tanker company shouldn't be the only tanker company to do poorly, so I am going to assume perhaps they made a woopsie or something and need time to get correct data. It would just make no sense otherwise.

[Anonymous No.18997035]

>>18997011
It's OK, just means there's more time to research different angles and buy in.

[Anonymous No.18997119]

>>18996523
Cool idea. Might be a fun QGIS project.
I think purpose is the most important because some companies like Navios do both oil & gas transport and dry goods.

[Anonymous No.18997318]

>>18997119
Still trying to understand Navios' structure so far I've gotten:
>NM: Drybulk but own the rest of the companies
>NNA: Oil, gas, and chemicals
>NMM: Drybulk and containers
>NMCI: Containers
I don't get why they have NMM when it seems it could just split into NM and NMCI.

[Anonymous No.18997451]

>>18997318
I wondered the same thing. Also wondered can they transfer assets between each other? Probably not, but I only kept NNA in my TCG index. My full list is this now:

>DHT
>FRO
>NAT
>INSW
>DSSI
>MMLP
>TNP
>EURN
>LPG
>ET
>STNG
>TNK
>NNA
>ASC
>SFL
>OSG

I'll post the updated indexes next

[Anonymous No.18997509]

>>18994832
If any of you like fundamentals check this out:

https://threadreaderapp.com/thread/1256362045261389828.html

good analysis on EURN

[Anonymous No.18997549]

>>18997451
Here are three more /TSG/ Tankerchad-16 indexes. You can copy paste them into thinnkorswim or whatever chart software you use. Added ASC SFL and OSG. Also normalized them all to $100, as of this morning so we can see how they drift apart. Pic is the "Big-money-weighted" index; note the TTM squeeze as of last friday (not seen on the other 2 indexes yet).

>equal-weighted tankerchad-16 index.
((DHT*1.488095)+(FRO*1.239157)+(NAT*1.953125)+(INSW*0.458295)+(DSSI*.878735)+(MMLP*4.149378)+(TNP*3.496503)+(EURN*0.956023)+(LPG*1.169591)+(ET*1.308901)+(STNG*0.514668)+(TNK*0.546448)+(NNA*1.862197)+(ASC*1.724137)+(SFL*0.246123)+(OSG*4.048583))/1.5298

>market cap-weighted. EURN, ET, and FRO hold the most weight.
((DHT*0.07568)+(FRO*0.11889)+(NAT*0.05967)+(INSW*0.04828)+(DSSI*0.03579)+(MMLP*0.00718)+(TNP*0.02057)+(EURN*0.16951)+(LPG*0.03502)+(ET*0.15801)+(STNG*0.08744)+(TNK*0.04672)+(NNA*0.00633)+(ASC*0.01493)+(SFL*0.09971)+(OSG*0.01626))/0.1037

>big-money-weighted, i.e. % held by institutions. INSW and ASC are driving this index.
((DHT*0.07744)+(FRO*0.03404)+(NAT*0.04476)+(INSW*0.12055)+(DSSI*0.08469)+(MMLP*0.02949)+(TNP*0.03993)+(EURN*0.04732)+(LPG*0.09595)+(ET*0.06478)+(STNG*0.06930)+(TNK*0.05829)+(NNA*0.01068)+(ASC*0.10993)+(SFL*0.03937)+(OSG*0.07341))/0.1033

[Anonymous No.18997555]

>>18997451
So one to considered is tk vs tnk. Since TK covers their whole fleet including gas and offshore.

[Anonymous No.18997576]

>>18995903
I'm the opposite, holding STNG and EURN, but might move into DHT as well.

I'd go STNG if you want to swing trade it, EURN if you have a longer outlook. EURN feels safer with the big divvie too.

>>18997119
How would you implement GIS? Traffic routes? Not sure what the geospatial component you'd want to look at is.

[Anonymous No.18997626]

>>18997576
I have DHT, but there is argument to choose others over them from a diversity standpoint. DHT only has vlcc's. If you want to go full vlcc then they are a good pick. Just something to keep in mind.

[Anonymous No.18997774]

Dear /tanker/chads,

I am willing to suck my own dick and record it if $STNG does not rise above $21 by this Friday.

STNG compared to DSSI and ASC, their only real competitors, has a massive fleet size advantage and good exposure to the spot market concerning refined product. As refineries continue to rise in utilization, there will be a lot of clean fuel that needs to be stored. Nobody is flying planes and jet fuel usage is down something like 69% (lol). Nobody is going to be heating their house in the summer. If someone can name a use for distillate products besides cars going vroom then shut up. Also, there is still a massive surplus of crude oil with no where to go.

STNG hits both sectors with 42 LR2s, 12 LR1s, and 62 MRs. The best quality of these ships is their flexibility, since LR2s and LR1s can carry clean or dirty fuel. Whatever has the highest rates, STNG can work with it (besides MRs which are exclusively refined products.)

Some upsides:

>Biggest player in refined fuel sector

>Quote from 2019 slide: "Limited newbuilding orders extending the duration of lowest orderbook as a % of fleet since 2000"

For retards: no more boaty boaty = current boat = more profit!

>Quote from 2019 slide: "$1,000/day increase in rates will generate ~$50 million of incremental annualized cash flow"

LR1s are going for 150k a day. That's 6 times the spot rate in 2019. WAT THA FUK. STNG HAS FREE MONEY CHEAT CODE GLITCH 2020.

>STNG is trading at 60% of their net asset value. Again, what the fuck?

>STNG is working on deleveraging by paying off their debt, good for long term and hopefully won't bankrupt in a bad market.

>STNG suprised everyone with 46.63M net income and 0.82 EPS

>I'm betting that refined product tankers will reach all time highs very soon.

>Can still do 125M dollars with of buyback

>Delaying expensive scrubber instillation

Some downsides:
>Handymax = gay
>divvy is weak and gay
>tankers aren't going to do well forever (but you already know that)

[Anonymous No.18997925]

>>18997774
>69%
niceeeeee

[Anonymous No.18997973]

>>18997774
jetfuel usage is going to be way down for month to come

[Brandon's Army No.18997981]

How does it feel to be dumder than the dumb momey?

https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

[Anonymous No.18997999]

>>18994832
Oil being up is bullish for tankers. Oil up means producers wont slash production and we know the demand situation is unchanged

[Brandon's Army No.18998011]

>>18997973
Jet fuel usage wont recover to 2019 levels until 2026. Can tankertards hodl until 2026 to get back to even or will they yodel?

[Anonymous No.18998041]

>>18997999
Nice trips. Also I agree, if oil hovers at $20-30 for a while we could prevent wells from closing, oil continues pumping, and we still have an oil gut.

[Anonymous No.18998043]

>>18997999
>oil up is bullish
>oil down is bullish
>*stock price keeps dumping*
cope

[Brandon's Army No.18998076]

>>18996905
FRO is hoping tanker rates go back up (they wont) so they wont have to file for bankruptcy although they are working on a preplanned bankruptcy plan that wipes out common equity shares

https://seekingalpha.com/news/3569275-crude-products-tanker-rates-tumble-on-all-major-routes

[Anonymous No.18998085]

>>18997981
kek this article nails the retards itt perfectly

[Brandon's Army No.18998107]

>>18998043
They said yesterday they dont care if tankers never goes up because that way they can keep buying more

[Anonymous No.18998205]

>>18997981
>>18998011
>>18998076
>>18998107
thanks for the bumps, our local faggot

[Brandon's Army No.18998247]

https://www.cnbc.com/2020/04/24/we-are-making-a-lot-of-money-at-this-time-nordic-american-tankers-ceo-says.html

Remember when yall listened to cramer and bought NAT for $7.25 (at the exact high point) and now you have lost $2 a share a 30% loss? Haha good times. But dont despair the horror will continue and get even better (for us not you)

[Anonymous No.18998263]

>>18998247
can you post your positions? i want to make money with you.

[Anonymous No.18998344]

>>18998107
>Asperger's Traits:

>Repetitive behaviors. Engaging in repetitive behavior is a common symptom of ASD. This may include doing the same thing every morning before work, spinning something a certain number of times, or opening a door a certain way.

>Inability to understand emotional issues. People with AS may have difficulties when asked to interpret social or emotional issues, such as grief or frustration.

>First-person focus. Adults with AS may struggle to see the world from another person’s perspective. You may have a hard time reacting to actions, words, and behaviors with empathy or concern.

>Obsession. It’s not uncommon for people to have hyperfocus as a symptom of AS. It’s usually toward a specific topic. They may also insist on talking about it when engaging with others.

TLDR: you're an aspie who believes that we NEED to hear your (repetitive and asinine) opinion on tanker stocks, and can't understand that shitting up every thread to do with tankers is not normal human behaviour. It's genuinely sad.

[Anonymous No.18998378]

>>18998344
>>18998344
I'm still waiting on his positions. He talks all this shit but hasn't actually shorted the stock or at least posted proof of it yet.

[Anonymous No.18998486]

Ignore Brandon. He's training Dustin to take his place once Blackrock hires him full-time for all his good work trolling /biz/

[Brandon's Army No.18998535]

>>18998344
We are all aspies here but you are low functioning I am high functioning.

For example you dont understand dividends and you applied your failed understanding of dividends to justify overpaying and hodling a loser while reeeeeeeeeeing at your saviours who only want to help you learn.

[Brandon's Army No.18998564]

>>18998263
Posting my trades wont help you because yall have oppositional defiant disorder and do the opposite of what's right

[Dustins Army No.18998601]

>>18998486
How much you lose on these turdkeys?

[Anonymous No.18998608]

>>18998564
What is your obsession and concern with other peoples spending? If I want to lose my money on tankers why can't you just accept that? I like throwing away my money. It soothes me. You've won Brandon, we collectively admit defeat. We are throwing our money into a hole and burning it. Congratulations. What more do you want from us /tanker/bros?

[Anonymous No.18998683]

>>18998076

Sorry but where in the fuck are finding that FRO is filing for bankruptcy lol

that is complete bullshit

[Anonymous No.18998806]

>>18998683
Just ignore Brandon. He gives an old article about NAT rates specifically that dishonestly labels falling from like 100k to 60k round figures rates that week ignoring that the average rate prior to crisis is still less than 10k and ignoring that it is temporary with the price of oil and ignoring that spot market prices don't take rates immediately like that but are in effectiveness higher and not done by the week. He has no idea what he is talking about, just the resident shill spamming day and night that we already confirmed is an actual paid shill kek.

[Anonymous No.18998840]

>>18998608
I'm honestly bewildered by him at this point, I had no idea anyone could be such an obsessive turbo-tard.
How he ended up here anyones guess, I think its pretty obvious he doesnt have any positions...

[Anonymous No.18998860]

Looks like Brandon finished training david.

[Anonymous No.18998896]

>>18998806
Whoevers paying the guy are the ones putting their money down the drain, zero return on investment

[Anonymous No.18999024]

Btw if any of you guys are still looking for a play on crude futures Vontobel have a couple leveraged etp's on Degiro that track brent crude futures.
Not ideal obviously and im not sure if its much use to you US anons but its about all I've been able to find.

[Anonymous No.18999032]

>>18998840
He's a paid shill. Look at the previous thread where he ousted himself. Pic related

[Anonymous No.18999120]

>>18999024
Better to invest in producers than the raw product in my opinion. Probably higher upside short-term on top of better diversification and less risk.

[Anonymous No.18999369]

>>18999120
I just meant as a cheeky short play for futures expiration is all (4x leverage). I might drop 1k on it for shits if i dont see anything else.

>>18999032
I'm thinking maybe he's the guy who fetches the coffee and the rest of the office are just fucking with him

[Anonymous No.18999448]

>>18994832
Buy $SLB while its not too late.
$SLB works with the oil industry:
>seismic acquisition and processing, prospecting, drilling and maintenance of oil wells, fracturing and hydraulic stimulation etc

https://oilprice.com/Energy/Energy-General/The-Major-Problem-With-Shutting-Down-Oil-Wells.html

Many wells getting shutdown and will have to be restored again, guess who does the job?

[Anonymous No.18999480]

>>18999448
>Many wells getting shutdown
Source? Last I checked people were doing everything in their power, including bending the law, to not shut down wells.

[Anonymous No.18999510]

>>18999480
Nah they're shutting down wells in the United States. You can look at the EIA report, assuming they were running at 60% capacity wells across the country have shut down.

These guys also talk about how the old wells which supplied 1.5 mm/bd are not going to be reactivated.

>https://cdn2.hubspot.net/hubfs/4043042/Commentaries/2020.Q1%20Commentary/2020.Q1%20Goehring%20&%20Rozencwajg%20Market%20Commentary.pdf

[Anonymous No.18999519]

>>18999480
614 in the US as of 1 May

[Anonymous No.18999770]

>>18999510
All I'm seeing in here at a glance is that wells 'will have to be shut in' not that they're shut in. The 60% figure as far as I knew mean that production rate was scaled down throughout active wells, not that part of the wells were killed. The things that have shut down are stuff like mines according to my quick read of the report. While at this rate shutdowns are guaranteed, I haven't seen a report that it's already underway in the general case.
Not that $SLB seems like a good deal even if that were the case, ridiculously bad normal earnings and sketchy legal history. I'd much rather go with $BKR but even then I don't think the upside will be as good as you think.

>>18999519
Where's your source?

[Anonymous No.18999865]

http://letmegooglethat.com/?q=rig+count+us

[Anonymous No.19000156]

>>18999770
Are you actively blocking information from passing through your brain? I'm bullish on tankers but I'm not going to deny the reality of the situation. Have you been living under a rock or are you just ignorant?

Relax, just because we slow down domestic production doesn't mean it's the end of the line for tankers. Crude imports are still a massive issue and Trump can't legally stop that. Oil companies don't care about storage and will continue to pump as much as they can sell, no need to worry.

>https://www.aogr.com/web-exclusives/us-rig-count/2020

>http://ir.eia.gov/wpsr/overview.pdf

[Anonymous No.19000267]

>>19000156
Let's be honest, the rise in crude oil futures is a result of futures traders shorting HARD. The market is expecting a pull back since we're way overextended. This is very bullish for tankers at least until the end of May. It's gonna be funny when brokers have to handle all the storage of crude for futures traders. Also, there haven't been any significant changes to the storage logistics by Cushing, it just seems like some of the oil has been transported to the Strategic Petroleum Reserves down in the gulf coast, which doesn't matter since we've still seen a surplus of 4 million barrels last week.

Flash sale of crude incoming May 18th, you heard it hear folks.

[Anonymous No.19000289]

>>19000267
So I should probably just unload my MRO, huh?

[Anonymous No.19000327]

>>19000156
Oh, so you have no idea what you're talking about and can't even read what you post yet insist on shilling your bags. Got it.

[Anonymous No.19000809]

>>19000289
Unload then reload baby. Crude oil can't be down forever and there's no denying that. If you're trading at a loss, baghold. If you're up, sell half and wait a little bit. Worst case scenario you increase your cost basis by a couple dollars, best case you keep your money liquid for other plays.

[Anonymous No.19000871]

>>19000327
Obviously I need to take pictures because it seems I'm talking with a baby who can't read.

I'll try and paraphrase in baby so you understand:

>Oil rig count go down.

>Oil import will stay up.

>Equilibrium (sorry for big word)

>Future traders short, that's why WTI go up, oil price go down because many oils.

Why don't you explain your argument instead of just calling me a retard?

[Anonymous No.19000949]

>>19000871
So is there a particular reason to pick SLB over BKR like that other guy says? Is SLB significantly bigger or they have crucial contracts locked in or what? I've just been long holding some oil production shares but this sounds interesting.

[Anonymous No.19001048]

>>19000949
Sorry I couldn't tell you that, my focus is the economics and fundamentals surrounding oil and tankers, not the oil companies themselves.

If I were to give you advice it wouldn't be good. I don't really know the difference between these two companies and their specialties. OilAnon is much better at stuff like this, he'll wander through the thread eventually. Just ask him.

[Anonymous No.19001106]

>>19000327
Also, you're confusing me with another shill for SLB. We're not the same person.

[Anonymous No.19001660]

Some more OC.
Here's the tankerchad market sector composition.

[Anonymous No.19001786]

>>19001660
Stop I might cum. Beautiful work, seriously. Could you make a pastebin with all the indexes and such?

thanks <3

[Anonymous No.19002330]

>>18996698

[Anonymous No.19002405]

>>19001786
Sure, here you go
https://pastebin.com/zVfnzhQs

More OC: Who owns the most of each tanker stock shares?
Some of them not looking too healthy right now...

[Anonymous No.19002553]

>>19002405
So what's the best stock to buy?

[Anonymous No.19002672]

>>19002405
Databro is my new favorite Tankie

[Anonymous No.19002925]

>>19001660
>>19002405
Didn't even know about ET but I'm already too invested in the market. Drats

[Dustins Army No.19003241]

>>18998806
Why do yall need to pretend that rates arent crashing and will only get worse since demand is down 50% from January's rates

[Anonymous No.19003255]

>>19002553
Its hard to say. There is a lot to unpack.
Anyone who owns more than 5% of the company can be an Insider. For example a holding company called Urion Holdings from Malta holds like 8% of STNG and 6% of FRO. Its a mining intelligence / consulting company... so why the fug are they buying so much tanker stocks?

>>19002925
ET insiders, namely the CEO & board of directors, have been buying a shit load of their own shares in the past 3 months. You can look at that and wonder why they are bullish. Do they know something we don't or are they pumping and dumping their own company?

[Dustins Army No.19003302]

>>19002925
Just keep averaging down, sure your losses will grow larger on the daily but the impor8yhing is never selling that way you never lose. Good luck and hff ave fun

[Dustins Army No.19003335]

>>19003255
Tankers are printing shares faster than Jerome Powell, it doesn't matter if they dilute shareholders because survival is at stake and its OPM (yours) lmao

Brandon & Justin

[Brandon's assistant No.19003363]

One of my faves, brandon gave me a bonus when I found this gem

https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

[Brandon's assistant No.19003380]

https://www.hellenicshippingnews.com/will-tanker-stocks-crash-as-fast-as-they-soared/

Well tanklets, will they?

[Bankruptcy Clerk No.19003438]

Tankers filing for bankruptcy in these good times (hahahah, lmao

https://www.forbes.com/sites/pamelaambler/2020/04/20/coronavirus-casualty-singapore-oil-giant-files-for-bankruptcy-amid-price-war-and-covid-19/#4bae5aaa13ad

>Evan is also a director of Hin Leong and its subsidiary Ocean Tankers, the group’s shipping arm which claims to own a fleet of more than a hundred oil tankers, but also filed for bankruptcy protection from creditors under Section 211B of Singapore’s Companies Act. Both companies are solely owned by the Lim family, according to company filings.

[Anonymous No.19003565]

>>19003255
As I keep looking through all of this, shit just keeps getting more interesting.

One of the insiders of NNA is a boomer in the Florida Keys named Lawrence Carroll who owns 6.3% in a trust fund. More than half of his fund is NNA. The rest of it is Pioneer Power Solutions (PPSI), a fucking penny stock.

BASED Lawrence! what a fucking tankerchad!


>https://fintel.io/doc/sec-nna-navios-maritime-acquisition-a-lawrence-carroll-trust-sc-13ga-2020-january-31-18293

[Bankruptcy Clerk No.19003690]

>>19003565
You are excited he got free shares? And the ones you bought are going down?

[Anonymous No.19003711]

>>19003335
>no

>>19003363
>that article is bullish stop posting it

>>19003380
>fool

>>19003438
>we're not commies and can actually see our tankers balance sheets

>>19003565
SOOO fucking based. As a floridafag, I am proud to be in the same state as this man. Absolute legend.

[Anonymous No.19003890]

>>19003565
Patron saint

[Anonymous No.19004030]

I named both Brandon and Dustin and these fuckers are embracing it.

We're on to something and they're getting more desperate.

How autistic would they have to be to stay here THIS MUCH incessantly repeating themselves?

[Anonymous No.19004041]

>>18998601
I'm not in any of those.

[Anonymous No.19004090]

>>18994832
Was he /ourguy/?

[Anonymous No.19004107]

>>19003711
So out of curiosity, I looked at DHT's divy sheets, If you were a dumb boomer like Brandon, and bought them in 2013, DHT's share price would have to fall < $2.63 before your "investment" would be considered a loss, and $2.45 if you managed to avoid taxes. Maybe not a killer long term hold but hardly going to zero. It's almost as if shipping stocks follow that decade long super cycle some have mentioned.
>>19004041
Next week the Motley Boomer will have articles saying "Why these 4 tanker stocks are ready to really fly"

[Anonymous No.19004135]

>>19004107
Motley Fool shit is unreadable I can't stand it

[Anonymous No.19004203]

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN22M0SG

More talk about running out of space.

No matter how bullish the future may or may not be for oil, we all know the real issue, THE ONLY ISSUE tanker Chads need to be concerned with is storage. And there is absolutely no one out there other than our resident retards suggesting any easing on the storage front.

[Anonymous No.19004302]

>>19004107
Bought my first shares in 2009.

[Anonymous No.19004415]

>>18998806
Less than 12 hours into market open senpai

Predictions?

[Anonymous No.19004487]

>>19004415

[Bankruptcy Clerk No.19004743]

>>19004203
Why are daily rates crashing if your fake news is correct?

[Anonymous No.19004769]

>>19004090
Was scapegoated and had his career as a captain ended or something that was ruled an accident and multiple parties were determined to be at fault. He and his ship have been living rent free in the heads of treehuggers ever since.

[Bankruptcy Clerk No.19004774]

>>19004415

Let's go over what we learned yesterday

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. Brandon told them much of this and they didn't listen and already lost money; now mad at all Brandons
7.No catalyst for rising stock price
8. 2nd qtr earnings good
9. 3rd qtr and beyond losses as far as you can see
10. Excess ships will be scrapped setting stage for a week recovery in 2027
11. Never sell and you will never lose

[Anonymous No.19004795]

>>18996698
>>18994976
Top kek

[Bankruptcy Clerk No.19004865]

Yall dont even listen to conference calls and wouldn't understand anyway just buying y'alls scratchoff tickets

>Diamond S CEO Craig Stevenson and his CFO Kevin Kilcullen did not mince words about the trouble they see ahead — as soon as the third quarter, earlier than implied by tanker executives on prior calls.


https://www.freightwaves.com/news/tanker-veteran-warns-on-rates-the-storm-is-coming


Buy more retards buy more retards

[Anonymous No.19004873]

>>18998076
Ayyy Brandon’s working overtime

[Anonymous No.19004905]

>>19004415
Oh dear, and here I thought you weren't lewd on weekends.

I have no real prediction for tomorrow, futures are odd right now. I personally think oil will fall a very small percentage, and we are going to go barely green in the general market, maybe finish a bit red. I think Monday overall will be a nothingburger day for the market, and for tankers specifically I don't think it will rise hard or fall hard, be a bit of a nothingburger day. What I am unsure about is if we go up or down a little bit.

And of course....I can be wildly wrong on everything. This market is fully unpredictable, but nothing seems to have changed over the weekend to drastically alter the course of anything. In my view.

[Anonymous No.19004924]

YOUR TIME IS COMING OIL

[Anonymous No.19004932]

You retards understand these tankers are some of the worst businesses in the world run by some of the biggest scumbags in the world right?

[Bankruptcy Clerk No.19004965]

>>19004932
OK Brandon but how is that not bullish?

[Anonymous No.19004990]

I figured out who both Brandon and Dustin are.

They’re tanker chads who got in early. But they have puts for the time period between spikes and we fucked them over by not allowing tankers to drop far enough for them to print and get back in.

That explains the increased desperation in their approach. They NEED us all to get out by, I’m guessing, 5/15. They need to roll their 5/15 puts to 6/19 calls and we’re not letting them.

How much money are these guys losing right now...

[Anonymous No.19004993]

>>19004932
they`re making 5 years of rev in 2 quarters and trading at a massive discount to NAV, I dont care if they're run by the fuher himself

[Anonymous No.19005092]

>>19004932
Show geometric proff

[Bankruptcy Clerk No.19005094]

>>19004990
Yeah we are a global conspiracy and need you to sell your 43 shares of a penny stock to corner the tanker market everyone is in on it but yall penny ante pissants

[Anonymous No.19005100]

>>19004993
There is a reason for that bud

[Bankruptcy Clerk No.19005115]

>>19004993
Will you care when they declare bankruptcy? I know yall retards dont understand dividends you must not know that bankrupt companies go to zero

[Anonymous No.19005119]

>>19005094
Look how mad and hyperbolic this one immediately got.

[Bankruptcy Clerk No.19005129]

>>19004993
Thank you for illustrating point 5

[Bankruptcy Clerk No.19005148]

>>19005119
Thank you for illustrating point 6

>>19004774

[Anonymous No.19005158]

>>19005148
Your puts expire 5/15 and that’s why you never post your short position.

[Anonymous No.19005261]

>>19005119
>>19004990
>>19005158

explains his unwavering obsession, the boomer LARP, ATH posts on /TSG/, the desperation ramping up this week... by god Anon i think you've got him lol...

[Anonymous No.19005288]

Holy shit, NNA is operating at nearly 4x leverage (debt / equity ratio). That means they will either go yuge, or crash and sink while burning. It all makes sense now

>Lawrence Carroll put about $8.7 million into NNA shares in his trust fund. 91% of his trust fund is in NNA! >>19003565

>Brandon is Lawrence's son and he's pissed that his dad is burning his inheritance, and he will have to continue wageslaving as a nightshift security guard to pay off his student loans.

[Anonymous No.19005290]

>>19005100
I'd agree if this was january anon

[Bankruptcy Clerk No.19005328]

>>19005158
Yeah you got me I'm a retard like you who sells puts on penny stocks make sure to screenshot this as proof of the conspiracy

[Anonymous No.19005350]

>>19005328
Post your position. Otherwise, your continued posts are 100% confirmation.

[Bankruptcy Clerk No.19005369]

Yall post your losses. Most of you are down 40% the lucky few are down 25%

[Bankruptcy Clerk No.19005378]

>>19005350
I dont have a position, penny stocks are for retards duh

[Bankruptcy Clerk No.19005424]

Tankers will be down 10% next week. Screencap this so I dont have to . Yall dont mind losing another 10% you will even brag about it

[Anonymous No.19005447]

>>19004905
I just hope my other holdings pull through, I have some calls out that are doing well

Kinda comically the DHT share I bought was the worst performing holding for me on Friday at close

[Anonymous No.19005448]

>>19005424
>>19005378
>>19005369
>>19005328
You are so mad.

[Anonymous No.19005552]

>brandon bought the top and is bleeding out from theta

[Bankruptcy Clerk No.19005559]

>>19005448
Why are you mad? Because you are down 40% and it's never coming back?

[Anonymous No.19005576]

>>19005447
Not surprised at all. Friday was a weird day. At the end of the day though, I am very bearish about this market in general. It is being held up by only a few stocks, and I have a feeling the optimism about reopening and things getting better is all firmly misplaced. Neither will jobs come right back. And Corona wave 2 will be a thing. I don't really have faith in any long term holdings right now, and as far as I see it I rode a month's wave of bs rallies and I am fearful any day now the market will give it all back. But not tankers, I have confidence in just them for holding up in a massive downturn. The question is how/when/how long will it happen in my book, because V-shaped recovery is out of the question and I am siding with all the rich old geezers who think the same. So I am not concerned for my tanker's short term performance at all until oilmageddon, if we moon before all the better. I hope your other holdings pull through though or don't take many losses anon if we do have a downturn.

[Anonymous No.19005589]

>>19005559
Not mad at all bro, I’m playing this from several angles.

But now I also know that you are likely new to 4chan.

[Anonymous No.19005665]

>>19005576
Tbh my fear isn't that we'll have a correction, it's more that I would hate to see US equities end up like how Japan's market has been where it took over 20 years to hit the same high point.

I'd rather ride a rollercoaster than suffer two decades of low returns

I guess regardless of what happens it's not like it's going to change my investment strategy (slap 90% of my equities into broadly diversified funds)

Still working on getting to where I own some real estate properties, that hopefully will in the next 5-10 years make up a portion of my net worth

[Anonymous No.19005784]

>>19005665
Actual real estate, or REITs? I would love to own real estate....but I am not there yet. Not by any means. The fear for Japanizing the market is real too, but I think less real because our Fed has hax mode on and our government too can pretty much just bend the rules as they like and say fuck the market. Currency not withstanding, that is a wait-and-see thing. I think we are going to go on a rollercoaster ride personally, and a really horrific one at this rate. Retesting or surpassing the lows of March even. I highly doubt we are going to peeter out. perhaps some sectors will, but the overall market trend should go up imo which means your strategy should still capitalize on it. But if we don't see a "correction" (I read it as "collapse"), I would be highly worried about the future integrity of the market and how to perform analysis because if we can blatantly ignore fundamentals and reality for good like this without eventually coming back down to Earth, how can we ever trust any future reason to buy or sell? How will this change sentiment and analysis if we set a precedent where we can throw half a year away without looking at it and just pretend things profit when they don't? That is what I am worried about, the exit of integrity beyond moments of irrationality, a possible future habituation of ignoring trends from reality and choosing instead to set trends with money in the market only.

[Brayden No.19005793]

>>19005589
All you genius detectives should have picked stocks that don't go straight down. But you didn't

[Anonymous No.19005812]

>>19005793
Couldn’t figure it out, eh? That’s alright. You will.

Until then, be introduced to the only further response you’ll get.

Post your position, Brandon.

[Brayden No.19005816]

>>19005576
Is it going to hurt when your tankertards file for bankruptcy or do you not know what that means?

[Anonymous No.19005831]

I feel like fucking Michael J burry tanker chads. I don't understand how we've just managed to completely solve an oil crisis in 3 weeks even though we still have an oil surplus. Even if we are reducing production, we still went negative because of no storage space. How did we just fix it all? Just think about the spread between the May and June contracts, we've gained 65$ a barrel on this shit within weeks?

>inb4 futures firesale, tanker rates rocket and brandon has to wagecuck for us on our yachts as a butler.

You guys think we see negative again? Even though rigs are down oil companies are selling the fuck out of futures to prevent a total American oil well pumping collapse. Who is buying this dogshit? The OI on these contracts should be like 10,000 from refineries. Fuck my ass if david goldberg from the suburbs of new york city is taking oil deliveries. Retail never learns.

[Brayden No.19005839]

>>19005812
How much did you lose last week ? 10%? 20? Is that a good week for you?

[Anonymous No.19005854]

>>19005816
tankerchads have it right
stay poor boomer cuck

[Anonymous No.19005855]

>>19005839
Post your position, Brandon.

[Brayden No.19005865]

>>19005831
Oh look a guy who never had a job thinks he knows the oil business. How much have you lost with your not understanding?

[Brayden No.19005881]

>>19005854
I'm retired I can live high off the hog on social security especially since I own my houses and vehicles outright

[Anonymous No.19005902]

>>19005831
Basically OPEC cut + reopenings + slower than expected inventory buildup. Whether this holds true remains to be seen.

[Brayden No.19005932]

>>19005902
Tanker CEOs say demand fell off the cliff. Is bankruptcy bullish now?

[Anonymous No.19005935]

>>19005831
At this moment this tanker bet we have all thrown ourselves into is fighting pretty much the entire collective will of everybody who just wants to get back to the good times. They are delusional, and we have reality on our side, and that should be enough. But this is the clown economy.

[Anonymous No.19005978]

>>19005932
Post your position, Brandon.

[Anonymous No.19006079]

>>19005902

Yet crude inventories remain to build ¯\_(ツ)_/¯

Have we seen domestic + global production cuts? Yah. But until I actually see a net decrease in oil build up I will grip my tanker stocks with fucking vengeance.

The market has literally priced in oil based on consumption that hasn't happened yet.

>TLDR: Oil and the SPY is already priced in for economic growth of 2022.

[Anonymous No.19006103]

>>19005784
Actual real estate. I have some plans for it. My income is finally getting to the level where it's feasible

Also, in my opinion, the market almost never acts rationally. I think it's kind of silly to gamble on it, which is why I just do it with my play money

The better strategy to wealth is getting your skillset and income up, imo

Call me a boomer if you want

[Anonymous No.19006234]

>>19006103
Boomer. Extreme boomer.

You aren't wrong though. Only thing about the market is yes, I agree it is normally irrational, but there is a difference between small irrational movements and then irrational realities. The market can move up or down when it should not, or it may rally on stupid things or dump on great news. Any amount of irrationality is normal. but it never goes so far as to throw every fundamental out. The market is "rational" in the sense that even if small movements disagree, big things and big movements over time make sense. You can realistically understand companies, macroeconomic conditions, etc. and get a good picture on how to generally invest. I believe this, that the market has actual business interests in mind. This crisis if we don't go back down will forever make company performance and macroeconomic conditions meaningless imo, and there can be no worse thing for the market or for companies than money moving purely for the sake of making money and with no actual interest nor understanding of underlying assets, which will be the precedent we are setting. It is not a gamble for long term investing in the fundamentals over macroeconomic trends, that is why you use indexes to capture such movements but if you held long in many good companies then the same reasoning and results apply. if the market now makes official it to be okay to ignore economic conditions and throw out months of data like it is nothing, there is no hope for fundamentals nor probably indexes down the road, it is all fucked.

I will also argue investments are a pretty decent portion of income unless you got a very good job in a cheap area. The only thing to pray for if we don't go down is golden eternal bullrun because the alternative is money being irrational playing the stock market forever without cause.

[Anonymous No.19006286]

>>19005935
>>19006079
I'm hedged for either scenario, but reality doesn't matter much to the market over the short term.

[Anonymous No.19006494]

>>19005784
>>19005665

maybe you could get into RE earlier than you thought... this is from the hottest real estate market in the world
https://www.scmp.com/business/article/3080505/mainland-chinese-investors-are-selling-hong-kong-property-after-china

I see Vancouver and Toronto following soon.
https://www.youtube.com/watch?v=V2pDVg_O-GE

[Anonymous No.19006525]

Hey are any of you guys else worried about Brandon? He's honestly starting sound like a schizo with aspies. It's like he's got a god complex and a need to prove us wrong, even if we're right. I'm not sure how well he'll tolerate this when we're right, his psyche might fall of a cliff, I'm concerned... What will happen to his brain when it just cannot understand the fact that he's incorrect?

>Someone should start a /brandonposting/ support thread.

[Anonymous No.19006633]

>>19005831
Many brokers locked retail out of May / June contracts due to "Volatility", except to close positions. Total BS IMO but retail isn't what's propping the oil market up atm. Like it's been talked about in other threads, eventually reality will catch up with market behavior.
I didn't price in POTUS/VP having Corona; markets going to have an awesome time if that happens, and it's looking very possible right now.
>>19006525
He seems to forget most of us are traders here. We can make money if the market goes up, goes down, OR goes sideways. The Motley Fool told him in 1991 that options were only for experienced traders, and after 30 years of investing in index funds he's just now feeling ready to be a real trader.
Dementia really is a very sad disease.

[Anonymous No.19006646]

>>19006525
i just don't get the point of him posting. there cannot be anyone who would actually pay for someone to do that.

then i start thinking that he really does believe what he's saying, so much so that he has to post the same dozen "points" every single thread. why would someone do that?

[Anonymous No.19006680]

PIC: Open interest vs Brent + WTI predicting
big moves are going to happen soon this chart is out of wack

>>19006525
>>19006646
kek he's just bleeding out from 5/15 puts

[Anonymous No.19006682]

>>19006646
because you turds keep giving him (you)s and bringing him up, filter him and move on already

[Anonymous No.19006731]

>>19006234
I dunno, I feel like when the market acts crazy enough, you have a correction and things go back to normal.

Also, doing boomerstrats with a career is stable but i guess playing the stock market is about the only way to get rich enough to have a tanker and crew of shoeless girls

Not gonna get there wagecuckin it

[Anonymous No.19006859]

>>19006680
lol the same dude who posted that:

>https://www.artberman.com/2020/05/10/oil-storage-comparative-inventory-report/

check the last line. smart dude agrees with me, literally no reasoning for WTI to go back to $20.

[Anonymous No.19006869]

>>19006494
>Hong Kong
Never ever will I risk any money over there right now. Canada is very interesting though. Very nice and interesting.

>>19006731
Exactly! You have a correction and things go back to normal! So where is it? That is the whole issue, the downfall before was for corona not for the enormous economic issues we are currently facing. And why I am deeply concerned and unwilling to commit to any non-short term plays right now.

Also, I don't think boomerstrats is actually stable neither nowadays unless as I said, high paying career in cheap area. The economic effects of this are going to affect everyone. Wages will fall, jobs will be cut, who even knows how loans, mortgages, and everything else is going to end up as. Right now no one is safe. not even bond holders, we STILL are in danger of eventually having a negative yield, and if it goes there then who knows just what will happen to this country. Just working any ordinary job is not enough nowadays, you got to put whatever you can into investments and let it supplement income, live either with parents or super-duper frugally to reduce expenses.

Pessimism about the future aside, yea this is the only way I could ever live a true dreamlife, so fuck it, I am young, let's take a bit of chance to see if I can have a loyal crew of shoeless girls on my personal tanker! Would be amazing if it worked out, life would be very fulfilled.

[Anonymous No.19007018]

>>19006869
Thought: did older tankers even have facilities for doing laundry? I can't imagine life on some of these old ass rigs before modern comforts

You might end up with crew wearing the same socks lots of times without washing if you end up buying an old ass rig. You'll have to be prepared for that possibility, especially if you're doing inspections

[Anonymous No.19007019]

https://seekingalpha.com/article/3949436-holding-back-crude-and-product-tanker-stocks

>TLDR: Less price appreciation for stonks, but high divvies due to rates (which should boost price imo). Shipyard newbuild competition is fierce as fuck which artificially deflates the price of VLCCs and such. Good read.

[Anonymous No.19007052]

>>19007019
Not to spam but these articles by the same guy are also relevant to the topic.

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

http://classicvalueinvestors.com/2020/05/09/why-are-you-so-fearful/

overall long term bullish.

[Anonymous No.19007053]

>>19006859
Great link. Saved. Any thoughts on going into inverse oil ETF throughout next week? I'm thinking about averaging into a position by friday.

[Anonymous No.19007108]

>>19007053
Oh hella fucking yes.

Here's my plan, pretty simple:

buy 50 shares market open @ 36.01 (maybe thursday?)

Set a stop loss for 10%. More than willing to take that risk.

On the opposite side, $45 a share would equal 50% gains. That's when I'll hop out.

Do it. Oil is fucked short term. Don't try and predict momentum, it will fall as quickly as it rises, set a stop loss and have an exit plan.

[Anonymous No.19007112]

>>19007053
What, like SCO? I've been looking at that too. It's already spiked hard in the past couple months and looks due to another big one.

[Anonymous No.19007138]

>>19007018
Probably not facilities, just laundry bins and hangers maybe like old style. Or not, I mean it is sea water and they get wet anyways so what is the point.

Well, old tankers ARE cheaper, and even if I succeed I won't be THAT rich to buy a fully new huge modern boat of convenience probably...I am sure they stay reasonably clean though, my crew's socks! Seawater washes aboard all the time, so it might clean their socks!....or it might just cause more dirt and sweat to soak in, who knows! That is what inspections are for though, I guess I have to closely examine and monitor their progress during our first voyage so I can take appropriate precautions the next time around. If they need to be washed and basins won't cut it I am sure I can find an adequate substitute!

[Anonymous No.19007174]

>>19007112
Haha I'm a dumbass, yes SCO. It will spike on May 18-19th, and if it doesn't you only lose 10%. Not a big deal imo.

[Anonymous No.19007307]

>>19007138
Establishing a regular testing protocol is probably good. Visual and tactile inspection, smell test to see where you're at, probably should lick to check for salinity content.

It's understandable if you're having second thoughts about the tanker captain thing though. Tbh not many people would be able to handle having to bury their face into a girl's pair of sweaty, salty, socked feet multiple times per day

No one will think less of you if you are reconsidering

[Anonymous No.19007443]

>>19007307
You are killing me anon...killing my pride of course! I can easily handle such a task, with all the money I will make from these stocks I will use the same fortitude I did holding as I did running my ship.

I am stalwart in my beliefs, and I know I have the character to be able to handle all of my crew's fabric to prove they are seaworthy. I think a 5 minute session per each element test will allow me to thoroughly inspect a pair of socks for upkeep. If things are bad enough I will have to confiscate a girl's pair for being a safety hazard and return them once they are safe to wear again, free from build-up. I guarantee you, I can have my face up against their socks wet with sweat and seawater for an entire day without failing to do my duty, I am quite serious about accomplishing my dream!

[Anonymous No.19007601]

>>19007052
Even more great links good work anon.

>>19007108
shit negro sounds solid
>>19007052
Fantastic stuff anon. Do you have any thoughts on an overall market rollover in the coming months? My current strategy roughly is to ride a nice bump in tanker stocks in the coming weeks, but not to hold in the mid-term as the possibility of the market going down gets higher day-day, especially cause entering June is a very historic month if you take a look at our last 2 recessions. of course looking at dates is not good dd but still it`s shockingly similar.

[Anonymous No.19007673]

>>19007601
And if my theory holds true for rollover, long Tankers (and precious metals) after bottoming. Ill be watching for technical signs of rollover tightly at the end of may to confirm or disconfirm my theory.

Looking at the two pics, you cant deny that april may is the months of bounceback, maybe correlating with market psychology being influenced by Summer starting? I know this is retarded but i approach economics from all angles, and I use the human psychology angle to theorise and play with ideas. Honestly have been wondering about the correlation of nice weather avg'd around North America vs SPX daily performance. Humans start getting more sunlight, feel joy and hope in their hearts and let their guards down for a second; market makers know this and pump and pull the rug.

[Anonymous No.19007767]

>>19007443
Quite a good idea. Anything too far out of spec should be confiscated. Probably keep it in the captains quarters until you get to port.

If you have to confiscate, you'll just have to issue them some flip flops in the mean time. Definitely follow up with anyone with a protocol violation though. It's time consuming, so you'll have to be prepared to spend even more time with a pair of now-bare soles in your face

[Anonymous No.19007793]

Good night fellow tankerbros. We'll see what tomorrow brings. Remember...
>FROM MY COLD DEAD HANDS

[Anonymous No.19007849]

>>19007767
Yes. Where I can closely monitor and work towards repairing all faulty equipment. The flip flops is a fantastic idea though! I will have to monitor them as well as their soles from then on. And well, if I wasn't ready to dedicate all my time and effort then I wouldn't be willing to be a captain, but if I must inspect every square inch of a cute sole, and then checking the designated flip flop....so be it. If more protocol violations occur then I suppose I would have to clean her dirty soles for her so she can get back to managing the ship properly. It is a captain's and any superior's duty to help their crew afterall when they are lacking.

Gosh, you are too much for me anon....I succumbed to this dream scenario quite enough tonight and I am very tired, market in a few hours and now I need rest. Thank you anon, I hope you have a good rest btw now if you are taking one, I am spent...my energy that is. Have a good night anon.

>>19007793
Good night, futures have been dropping lower even though normally they get a pump at this time of night. Interesting development, crude has stayed negatively consistently ever since futures opened. Good night tankerbro.

[Anonymous No.19007870]

>>19007849
See you later anon

Always gotta help a brother out

[Anonymous No.19007942]

>>19007673
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

I suppose this is what I'm talking about. Tankerchads beware. There's high correlation to post may selloffs during bear markets. We're primed for this right now. Will try to highlight this on more graphs tomorrow. Until then goodnight my friends and see you in the next thread.

[Anonymous No.19008032]

>>19007942
2008 nikkei225 early may indicated by lines during bear markets.

[Anonymous No.19008231]

>>19007942
>>19008032
Good thread.
For now the trend is up. I also follow your thinking - a late May drop. Watch the XLE and XTN sector graphs through the week, chance for weakness in both.

[Anonymous No.19008900]

>>18994832
>>18997451
>>18997549
>NAT
NATFatty NATty dumpety doo
I've got a perfect puzzle for you
Fatty NATty dumpety dee
If you are wise, you'll listen to me

Who do you blame when your stock takes a hit?
When markets dump worse than a Pajeet's shit?
Blaming yourself is a lie and a shame
You know exactly who's to blame

[Anonymous No.19009208]

>>18998076
>FRO is hoping tanker rates go back up (they wont) so they wont have to file for bankruptcy although they are working on a preplanned bankruptcy plan that wipes out common equity shares
FRO filled for bankrupcy in 2000.
That was TWENTY YEARS AGO!

The date of 29 May is on tradingview since the drop of WTI to negatives.