/tsg/ - Tanker Stock General

[Anonymous No.19093457]

>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:
>>19087148

[Anonymous No.19093481]

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

[Anonymous No.19093509]

>>19093481
1. DO NOT REPLY TO BRANDON

2. HOLD ON SEA CAT

3. COLD

4. DEAD

5. HANDS

[Anonymous No.19093512]

Let us pray.
Praise be to Lawrence myrock, who trains my hands for holds, my fingers for divvies. He is my loving Boomer and my fortress, my stronghold and my deliverer, my shield, in whom I take refuge, who subdues Brandons under me.
AMEN

[Anonymous No.19093524]

>>19093481
Tankers are dead.

[Anonymous No.19093529]

Reminder: oil going up NORMALLY means tankers drop

oil has been mooning and tankers are at their floor

we have reached institutional saturation. there is nothing left but for retail to fomo back in WHEN oil drops

[Anonymous No.19093545]

>>19093481
HOLD ON SEA CAT!!!

[Anonymous No.19093567]

UCO appears to be stalling

[Anonymous No.19093575]

Quick summary of what some of the companies cover.
>DHT
Total Fleet: 27
Focus: Crude Oil
>Eurn
Total Fleet: 75
Types: Crude oil, offshore
>fro
Total: Fleet 69
Types: Crude Oil, product
>INSW
Total: 40
Types: Crude Oil, Product, off shore
>nna
Total: 46
Types: Crude Oil, Product (Petro), Chemical
>stng
Total: 138
Type: Product
>tk (includes tnk, tgp, too)
Total: 130
Type: Crude Oil, Product, Natural gas, offshore
>tnp
Total: 58
Type: Crude Oil, Product, Natural gas, offshore

[Anonymous No.19093640]

>>19093457
>Keep an eye on the 14th
What was supposed to happen today? Tanker stocks fell the usual 6-8% today.

[Anonymous No.19093650]

What is going to happen to DHT on ex dividend date?

[Anonymous No.19093652]

>>19093481
HOLD ON SEA CAT

[Anonymous No.19093660]

>>19093529
The question is where to set the knock out for your short to print and not go bankrupt in the process

[Anonymous No.19093676]

>>19093650
we won't even notice our dividends as we watch the stock continue to skyrocket

[Anonymous No.19093683]

>>19093640
You didn’t know that this thread is satire and no one actually owns TANKer stock and it’s only meant to trap newfags into shitty positions?

[Anonymous No.19093688]

>>19093457
You guys are still here? Go home sell your bags and take the loss and invest in something that actually goes up. amazon perhaps

[Anonymous No.19093708]

Reasons tanker stocks are crashing to bankruptcy and how to profit

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

1. Contango almost gone
1.1 USO conspiracy theory failed
1.4 Storage emptying
2. Daily rates crashing to all time lows
3. Dumb money has already left and wont be back
4. Tanklets dont understand dividends
4.7 tanklets don't understand supply and demand
4.72 tanklets think low demand for oil is bullish
4.7232 tanklets celebrate their daily 10% loss
4.96 Tanklets don't understand that Post covid , tankers are as useless as buggy whips
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 or even understandable by tanklets

[Anonymous No.19093709]

>>19093650
On ex div dates most share prices plummet. So just another day in DHT land.

[Anonymous No.19093733]

>>19093640
Dunno why he said 14, but tomorrow, options expire. 19th is oil futures rolling over.

[Anonymous No.19093771]

>>19093708

[Anonymous No.19093774]

HOLY SHIT

https://weekherald.com/2020/05/14/dht-holdings-inc-nysedht-expected-to-announce-earnings-of-0-88-per-share.html

>DHT posted earnings per share of ($0.03) in the same quarter last year, which suggests a positive year-over-year growth rate of 3,033.3%.

3,033.3%
>3,033.3%
3,033.3%

[Anonymous No.19093791]

>>19093774
Priced in.

[Anonymous No.19093819]

>>19093683
shhh

[Anonymous No.19093829]

>>19093481
HOLD ON SEA CAT

COLD
O
L
D

DEAD
E
A
D

HANDS
A
N
D
S

[Anonymous No.19093864]

·>A price drop (or rise) on large volume is a stronger signal that something in the stock has fundamentally changed

Hahahaha hahahaha what changed?

[Anonymous No.19093891]

>>19093864
not sure what happened with STNG but they are the only one with high volume

[Anonymous No.19093894]

June contracts are trading higher then next month contracts.
Like if there wasn't enough Oil for every one in storage.

This market detachment is amusing.

[Anonymous No.19093917]

>>19093894
it's going to be apocalyptic

[Anonymous No.19093931]

5/14/20 Fidelity Current ratings:

DHT: 10.0 VERY Bullish
Equity Summary Score Firms:
Buy = 3
Outperform = 1
Neutral = 2
Underperform = 0
Sell = 0

EURN: Not Available

FRO: 9.9 VERY Bullish
Buy = 2
Outperform = 1
Neutral = 0
Underperform = 1
Sell = 0

OSG: 6.4 Neutral (This was strong buy a week ago)
Buy = 0
Outperform = 1
Neutral = 2
Underperform = 0
Sell = 1

TNK: 9.5 VERY Bullish
Buy = 2
Outperform = 1
Neutral = 1
Underperform = 1
Sell = 1

STNG: 4.8 Neutral
Buy = 1
Outperform = 1
Neutral = 1
Underperform = 2
Sell = 0

TNP: 9.5 VERY Bullish
Buy = 2
Outperform = 0
Neutral = 2
Underperform = 0
Sell = 0

[Anonymous No.19093944]

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

https://www.youtube.com/watch?v=0rS2lO_-eek

https://www.youtube.com/watch?v=49FWp7WLYKw

SOME SEA CHANTIES TO LIFT THE SPIRITS UP BOYS.

THE RAYS OF SUN ARE BEGINNING TO PIERCE THOUGH THIS GREY CLOUDS.

JUST HOLD TIGHT

[Anonymous No.19093958]

>>19093481
HOLD ON SEA CAT

>>19093509
NOT FROM MY COLD DEAD HANDS

>>19093512
AMEN

>>19093529
I hope this is true. I am saturated myself now. I will forever hold, but I rather not be pressured to sell a few shares of stuff to maintain buoyancy. Today in my anger and rebellion against the tides, I went full Captain Nemo on this Moby Dick and my margin has run out. This is do or die now with only a bit of cushioning left for more losses. Well, that and got 25 shares of SCO now at 35.9 which I will laugh maniacally when it spikes.

>>19093590
That image, wow. Yes I would. I would give them advice all the way through to ensure no fucking up of course, but if she wanted to play captain I wouldn't say no. Honestly....more like I couldn't. They can bully me way too easily.

[Anonymous No.19093972]

WTI volume has COMPLETELY DIED

if ANYTHING sparks selling this shit is going apoplectic

[Anonymous No.19094082]

I bought more FRO lol

[Anonymous No.19094086]

>>19093972
In other words it's going up and your tankerturds will get flushed

[Anonymous No.19094087]

>>19093972
Everything that caused oil prices to plummet are reversing. I have no idea why anyone would think we'd get a sequel at this point unless OPEC magically reversed and lockdowns were put back in place. Those things aren't happening so you're just running on hopium now.

[Anonymous No.19094097]

>>19093774
We are going to be fucking rich anon. Hold tight!

>>19093944
Thank you anon.

>>19093972
O-oh my. Well I am feeling like a genius just now entering into SCO. Too bad I can only afford 25 shares with my remaining ability. Ah well, well be a nice thousand dollars profit for me when this goes down. or more.

>>19094082
I bought more TNP and STNG. I got nothing left to spend, hold me.

[Anonymous No.19094103]

>>19093944
>BULLY IN THE ALLEY
what a banger

[Anonymous No.19094132]

>>19094087
Question is who is on hopium now

Things should turn to shit where they belong

[Anonymous No.19094142]

https://oilprice.com/Energy/Crude-Oil/Will-Oil-Prices-Go-Negative-Again-This-Month.html

>Storage space for crude, however, remains constrained due to the sheer size of the overhang on a global scale. This means that a second selloff is a very real possibility and a temporary slide of WTI below zero is also possible.

[Anonymous No.19094153]

>>19093481
HOLD ON SEA CAT

[Anonymous No.19094168]

STNG down 11% woohoo we are are all going to make it

[Anonymous No.19094173]

>>19094168
kek

[Anonymous No.19094178]

>>19093481
HOLD ON SEA CAT

[Anonymous No.19094181]

https://markets.businessinsider.com/news/stocks/oil-price-wti-could-go-negative-again-regulator-warns-traders-2020-5-1029202506

>The US Commodity Futures Trading Commission urged market participants to prepare for negative oil prices again when the West Texas Intermediate futures contract for June expires next Tuesday.

[Anonymous No.19094208]

>They bought a dying industry at the highest prices tankers will ever be at this decade
fucking LOL

[Anonymous No.19094229]

retail trading the front month have to be getting suspicious at this point don't they?

[Anonymous No.19094234]

Just put £500 into TNP, wish me fair winds and following seas lads

[Anonymous No.19094246]

>>19094153
Is that like Sea Drill that's down 99.9932 % which seems quite bullish and priced in as you would say

[Anonymous No.19094263]

>>19094208
any day now they're going up!

don't sell!

pray to boomer memes and cats!

[Anonymous No.19094265]

>>19094181
Aww yeah nigga

[Anonymous No.19094281]

>>19093944
https://www.youtube.com/watch?v=TT7MUh2VO28

[Anonymous No.19094284]

>>19094103
Don't worry fren.
I bet next monday we will be
BULLY IN WALL STREET instead of the alley.

[Anonymous No.19094314]

>>19094234
gmi

[Anonymous No.19094315]

>>19094263
if jp is buying so am I

[Anonymous No.19094343]

https://money.usnews.com/investing/news/articles/2020-05-11/shipping-company-ocean-tankers-placed-under-court-appointed-supervisor


When you declare bankruptcy your stock goes higher r r right guise?

[Anonymous No.19094349]

>>19094315
Yes because the banks never fuck up.

[Anonymous No.19094353]

>giving a shit about tankers when everyone filled their reserves already and oil demand is at very low point
BUY HIGH SELL LOW

[Anonymous No.19094377]

YOOOOOOOOOOOO
FUCK TANKERS AND FUCK TANKER POSTERS

[Anonymous No.19094379]

>>19094343
company in singapore caught cooking the books and fucked themselves when if they had just been legit they'd be rolling in money right now

we already know. try something else, brandon

[Anonymous No.19094391]

Paycheck coming in tomorrow. $500 into nna, and $1000 into eurn. Looking forward to it lads.

[Anonymous No.19094395]

>>19094353
>what are exorbitant day rates

[Anonymous No.19094401]

>>19094353
This is unironically the reason to give a shit about tankers you clown

[Anonymous No.19094414]

Lmfao. This shill overdrive is insane. And I thought the last two days was peak shilling. No. This is something else. This is something special with the sheer amount of users here. This isn't just Brandon anymore, this is the entire intern legion.

[Anonymous No.19094420]

>>19094315
They're buying it as a hedge against oil, retard.

[Anonymous No.19094441]

when this is finally ready to go down, i hope brandon at least gives us the courtesy of a goodbye post

>Good job, you guys. I did my best. Strong hands will reap rewards. Enjoy the ride, boys. Brandon, out.

[Anonymous No.19094453]

>>19094401
you should start giving a shit after a few of them declare bankrupcy, oil prices recover and a vaccine is found

[Anonymous No.19094461]

>>19094379
You are the guy !!!!!!!


4. Tanklets dont understand dividends
4.7 tanklets don't understand supply and demand
4.72 tanklets think low demand for oil is bullish
4.7232 tanklets celebrate their daily 10% loss
4.96 Tanklets don't understand that Post covid , tankers are as useless as buggy whips
5. Tanklets dont understand that stocks value are based on future earnings

>>19093708

[Anonymous No.19094469]

>>19094414
stop posting cartoon porn m8 if you want to be taken seriously

[Anonymous No.19094492]

I've never seen so many shills in my life

I can't trust anyone but footanon bacause brandon doesnt have feet on his work computer

[Anonymous No.19094510]

>>19094492
He has dog dicks though

[Anonymous No.19094524]

>>19094414
How much did you lose today on your surefire investment? 8%? 10%? No no no no no not %12%

[Anonymous No.19094542]

>>19094492
I know its comforting to imagine that only one person on this site wants to make fun of people who bought high and are going to sell low but imagine for a moment that there are actually dozens of people coming in here to take the piss out of you daily and that you're a joke in /smg/ and the board as whole?

Stopping in here daily to see the mental gymnastics is pretty entertaining.

[Anonymous No.19094551]

https://www.americanbankingnews.com/2020/05/14/dht-holdings-inc-nysedht-expected-to-announce-earnings-of-0-88-per-share.html

>A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its holdings in DHT by 88.1% during the 4th quarter. AQR Capital Management LLC now owns 110,745 shares of the shipping company’s stock worth $917,000 after acquiring an additional 51,862 shares during the period. Prudential Financial Inc. grew its holdings in shares of DHT by 3.6% during the 4th quarter. Prudential Financial Inc. now owns 443,686 shares of the shipping company’s stock valued at $3,674,000 after purchasing an additional 15,493 shares during the last quarter. Hartree Partners LP bought a new position in shares of DHT during the 4th quarter valued at $2,111,000. Public Sector Pension Investment Board grew its holdings in shares of DHT by 13.5% during the 4th quarter. Public Sector Pension Investment Board now owns 626,800 shares of the shipping company’s stock valued at $5,190,000 after purchasing an additional 74,400 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of DHT by 128.4% during the 4th quarter. Russell Investments Group Ltd. now owns 363,313 shares of the shipping company’s stock valued at $3,007,000 after purchasing an additional 204,251 shares during the last quarter. Hedge funds and other institutional investors own 61.92% of the company’s stock.

>Hedge funds and other institutional investors own 61.92% of the company’s stock.

This is why the stock won't go any lower.

[Anonymous No.19094556]

>>19094441
So were about to close out for today. Tomorrow will be the flush for the WTI?

[Anonymous No.19094603]

>>19094556
not until contracts expire which is next week

[Anonymous No.19094607]

>>19094556
Tomorrow is a wildcard. Monday is when the hammer drops on everybody holding June oil contracts.

Shit will hit the fan as soon as retail realizes how heavy their bags are.

1,000 barrels of oil per unit.

[Anonymous No.19094619]

>>19094556
t-tomorrow for sure anon!

[Anonymous No.19094629]

We got some nice buy orders going into close! Good sign!

>>19094469
Literally never. Brandon probably loves nothing more than getting stepped on by us all day every day at this point. If he isn't a masochist then I could only imagine how much he cries himself to sleep at night.

>>19094492
There wasn't this many shills per poster ratio-wise even during Trump election. I just want things to go back to comfy though. They aren't accomplishing anything here except ruining comfy boat talk and bonding with pirate anons as we talk about maritime industry.

>>19094551
Comfy big dick money backing us.

[Anonymous No.19094632]

>>19094441
If he did this I would chuck in 1k to send him to disneyworld

[Anonymous No.19094652]

>>19094551
all of these buys were in the 4th quarter tho - that seems like old info right now

[Anonymous No.19094703]

>>19094652
the fuck they were
these were reported in the LAST TWO DAYS and took place in March

HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT HOLY SHIT

THERE WAS A SHITLOAD MORE JUST REPORTED TODAY

HOLY SHHHHHIIIIIIITTTTTTTT LOOK AT THESE FUCKING NUMBERS

FIDELITY MORE THAN DOUBLED DOWN

[Anonymous No.19094704]

>>19094441
I would actually like him if he did that. If we got rich, would 100% bring him on the ensuing boat party for being an honest shill. It would make me look at this as fond memories like an aggressive opponent sharing a game rather than just a random jerk.

>>19094607
Hope it drops, I bought into SCO and would be kind of sad if it dropped like 5 points in some retard rally.

[Anonymous No.19094730]

>>19094441
>when this is finally ready to go down, i hope brandon at least gives us the courtesy of a goodbye post
Don't worry I'll be here and so will many others tomorrow and early next week to serve you plenty of screencaps of delusional predictions of tanker mooning gone wrong. Although I doubt many of you will be here or have the stomach for such misfortune.

[Anonymous No.19094731]

>>19094542
go buy the daily flavor of shitcoin, at lease our shit is backed by tangible assets

[Anonymous No.19094743]

>>19094632
By guys it's been fun congrats on your huge win and losing 65% on tankerturds

[Anonymous No.19094750]

DHT HAS

ZERO
E
R
O

SELLERS
E
L
L
E
R
S

IN THE PAST 3+ MONTHS

[Anonymous No.19094756]

>>19094703
Holy shit is that DHT?

[Anonymous No.19094770]

>>19094731
>a tankerfag shitting on shitcoins
pot calling the kettle black

You'd be better off selling at a loss and putting it into market index tracker, at least you'd make money at some point. I'm dead serious about that too, not shitposting.

[Anonymous No.19094771]

>>19094731
Too bad tankers are obsolete

[Anonymous No.19094784]

>>19094756
yes
i can't breathe
i've got 122 contracts on DHT and i can't breathe right now

[Anonymous No.19094804]

>>19094097
As captain is it within your authority to change crew uniform policy to mandating no underwear?

[Anonymous No.19094806]

>>19094784
Post details.

[Anonymous No.19094817]

>>19094771
Yeah oil is getting replaced by solar any day now.

[Anonymous No.19094862]

>>19094703
>>19094750
O-oh....oh my.

>>19094804
Yes. yes it is. In open waters you are under international maritime law, and you have full control. You actually can mandate your crew to not wear underwear!

Though I can't post such things on a blue board.

[Anonymous No.19094873]

>>19094453
>Bankruptcy
>low debt and yearly profit in one quarter

Pick one (1).

[Anonymous No.19094876]

https://fintel.io/so/us/dht/hartree-partners-lp

... these guys had ownership of $2b (<--- that's a fucking b for BILLION) and they DOUBLED it

IN ONE MONTH

[Anonymous No.19094903]

>>19094703

thats great, but they are buying in at lower prices than most of us. these guys can all make 10% return on their prices and we would still be down 5-10% even with a 10% stock surge

[Anonymous No.19094907]

>>19094876
>>19094750
>>19094703
None of your all caps spamming will change market sentiment about tankers which is negative and is tied to the price of oil NOT earnings. Figure out how to change that and get back to me.

[Anonymous No.19094910]

>>19094784
How the fuck are they down 3% with all that investment?

[Anonymous No.19094924]

>>19094806
No. Fuck off.
You'll see it when shit hits the fan.

[Anonymous No.19094929]

>>19094750
actually MOSAX and MML sold almost their entire stake according to that chart

[Anonymous No.19094930]

>>19094924
okay so you're just larping

[Anonymous No.19094940]

>>19094910
1. small cap and somebody is manipulating it
2. we aren't brandon's only project

[Anonymous No.19094964]

my NAT calls are looking as juicy and succulent as a chinese dinner. please do the needful. earnings on 5/18

[Anonymous No.19094971]

>>19094907
Go ahead and long oil faggot

[Anonymous No.19094976]

>>19094930

[Anonymous No.19094979]

>>19094929
Look at the date, that's february. There is no newer sell movement than february.

[Anonymous No.19094998]

>>19094750
>no sellers
>down every day
u wot m8

[Anonymous No.19095010]

>>19094556
Tomorrow is options expiration. No clue what will happen, could be nothing, could be down, could be up. 19 is rollover, should start seeing movement on 18. 19 is also ex-div for dht.

[Anonymous No.19095015]

>>19093481
HOLD ON SEA CAT

Tally ho lads! One must ride out the storm until the skies break and the green rays of OOOOOOOOO are upon our battered faces once more.

[Anonymous No.19095023]

>>19094998
zero institutional sellers
it's retail fucking themselves

[Anonymous No.19095028]

>>19094873
>>19093708
See point 5 and 12

[Anonymous No.19095088]

>>19094876
You dumbfuck that's clearly a reporting error. 500k shares is roughly 4 million, not billion. I had a double take too

[Anonymous No.19095110]

I talked to my cousin who works in a refinery by the Gulf Coast and he's saying that they're at extremely low utilization due to wavering demand. The SPR took about 1 milion barrels, but that's only 1000 contracts... Who is taking up the other 100,000? Where is it going? Exports? This is all super strange.

[Anonymous No.19095114]

>>19095028


>>19093771

[Anonymous No.19095140]

>>19095088
yeah i know it was fun to look at though

check out the list: https://fintel.io/sob/us/dht

[Anonymous No.19095155]

>>19094862
Well, I would have your back if you instituted such a policy

It's good for all parties involved

[Anonymous No.19095173]

how high is it going, brandon?
i suspect you know something you're not telling us

[Anonymous No.19095215]

brandon. i will buy you 1,000 supercell gems every day for the rest of your life if you tell me

[Anonymous No.19095234]

BRANDON HOW RICH AM I TELL ME YOU FUCKER I KNOW YOU KNOW

[Anonymous No.19095257]

>>19095234
>review order
bruh you still need to place it

[Anonymous No.19095279]

>>19095173
I enjoy your fanfic and am neutral on your losses

[Anonymous No.19095282]

>>19095257
TELL ME

[Anonymous No.19095289]

So is oil going to crash again on Monday?

[Anonymous No.19095297]

>>19095289
maybe not

[Anonymous No.19095312]

>>19095155
I can always trust my first mate! I too think it is a good idea, after all the sea breeze will help keep our crew cool during this hot summer. Same reason why they must not wear shoes as well, all to prevent heat stroke.

>>19095234
Keked heartily.

[Anonymous No.19095342]

>>19095282
kek please keep us updated on the outcome

[Anonymous No.19095381]

>>19095282
man I hold some DHT but that's retarded

[Anonymous No.19095399]

>>19095140
Yea this is a glimmer of hope for my weak hands.

I'm in for 300 shares of DHT at an average of $7.90. DCA'd too fast starting at the peak. Would be happy to break even at this point.

[Anonymous No.19095400]

>>19095282
I'm new to options.
Are you selling a 14$ calls that expire june 19?

[Anonymous No.19095408]

>>19095381
out of curiously how much do you hold?

[Anonymous No.19095463]

>>19095312
Wet socks definitely wick away heat if it's breezy

Girls on deck wearing nothing at all except for socks is a great way to stay cool

Wet socks do get result in dirty soles very quickly though

[Anonymous No.19095522]

>>19095408
I am at 500, $7.2 average price. Want to buy more, tempted to buy more. Cannot decide between EURN, STNG or more DHT

[Anonymous No.19095621]

>>19095522
Eurn and dht have been getting more popular recommendations from I've been reading this week. If you want more divvies, I'd say eurn.

[Anonymous No.19095648]

>>19095463
This is a very true fact. Dirt sticks to wet fabrics, but that is why it is our duty to maintain them and clean out the debris. I want to take care of my crew so will gladly help the girls with a new dress code. If their socks end up getting too dirty then they just need more regular inspection is all, nothing that can't be done!

[Anonymous No.19095651]

Closed most of my options at a loss today. Even if tomorrow is great, I need about 12% gain for them to break even. I had to cut my losses, but I wish ya'll the best.

I think ya'll are right, but the timing is wrong. If you are thinking of doubling down, wait for a confirmed trend.

[Anonymous No.19095708]

>Scorpio tankers

[Anonymous No.19095787]

>>19095708
>Dirty tankers

[Anonymous No.19095819]

Tell your boys to drop it below 6 tomorrow, Brandyboy. I want to double down on DHT.

[Anonymous No.19095885]

>>19095819
it’ll drop to the mid 5’s and stay there for 6 months at least

[Anonymous No.19095916]

>>19095885
awesome, gives me 6 months' worth of wages to accumulate

[Anonymous No.19096005]

>>19095916
I mean sure you could do that but you could also pick a growth stock with dividends and increase your share value without stagnation.

[Anonymous No.19096013]

>>19095885
One month and we have a deal, brandovich

[Anonymous No.19096086]

>>19096013
Theres really no reason for upward movement in tankers for the next year or so.

[Anonymous No.19096143]

>there is a specific thread for low IQ tanker stocks bagholders who bought the top

[Anonymous No.19096233]

>>19096143
>1 post
>JP Morgan bought the top
>Citi bought the top
yeah i dunno.

[Anonymous No.19096270]

>>19096143

[Anonymous No.19096584]

>>19096143
I bought in the middle and am still down lol

[Anonymous No.19096591]

O-OIL BROS WE GOT TOO COCKY

https://mobile.twitter.com/JKempEnergy/status/1260848201910890496

[Anonymous No.19096618]

>>19096143
It’s honestly unbelievable there’s an actual general dedicated to these people.

[Anonymous No.19096736]

>>19096143

[Anonymous No.19096739]

>>19096618
It's honestly unbelievable there's an actual general dedicated to [shitcoins, bullion, equity, commodities]

[Anonymous No.19096746]

>>19096591
It's short sellers in trouble no longs dummy

[Anonymous No.19096768]

>>19096143
>there is a specific thread for low IQ [shitcoins, bullion, equity, commodities] bagholders who bought the top

[Anonymous No.19096980]

Here's Simon, awarded for his service in the British navy. Say something nice about him.

[Anonymous No.19096997]

>>19096980
Good boy, sea cat

[Anonymous No.19097485]

>>19096980
story?

[Anonymous No.19097502]

>>19096980
He looks like a real trooper. and is cute.

Today was such a weird day. I wonder what chart anon is thinking about all this. We didn't get the extra green candle we were looking for I think.

[Anonymous No.19097538]

>>19097502
Tankers won't get a green candle before oil is destroyed.

Oil WILL be destroyed, however.

[Anonymous No.19097599]

>>19097485
Simon(c. 1947 – 28 November 1949) was aship's catwho served on theRoyal Navysloop-of-warHMSAmethyst. In 1949, during theYangtze Incident, he received thePDSA'sDickin Medalafter surviving injuries from a cannon shell, raisingmorale, and killing off a rat infestation during his service. His occupation was Able Seacat

[Anonymous No.19097603]

>>19097502
I'm not expecting any green until next Monday, and even then the only non-fake and gay green I expect are after the 19th. However if we're still heading to the shitter by early june, I'll pivot everything into eurn and then consider leaving tankers.

[Anonymous No.19097634]

OH NO NO NO NOT THE HECKIN' SEACAT

[Anonymous No.19097635]

>>19097599
>Simon(c. 1947 – 28 November 1949) was aship's catwho served on theRoyal Navysloop-of-warHMSAmethyst. In 1949, during theYangtze Incident, he received thePDSA'sDickin Medalafter surviving injuries from a cannon shell, raisingmorale, and killing off a rat infestation during his service. His occupation was Able Seacat

Goddamn that is the best thing i have read all month.

hold on sea cat

[Anonymous No.19097782]

>>19097538
Yeah, oil tankers will be doing great once noone's using oil anymore

[Anonymous No.19097906]

>>19097538
Question is will oil be destroyed tomorrow or Monday. If oil is not destroyed tomorrow then idk wtf retailers are doing, they can't seriously be this insane to hold into the day of rollover.

>>19097603
Well, I guess. Would be a shame, I really want to see green. Total mystery Friday i guess, but it would be oh so nice to see it Monday too. And if it goes up Monday should go up 19th, which....why would it dump. I wouldn't understand it going to the shitter then, but you have a sound strategy in just stuffing it into the king divvy tanker and leaving the scene.

[Anonymous No.19097945]

>>19095400
It means he bought 122 call contracts to be able to buy DHT for $14 on or before june 19th. Presumably he paid $5 per contract so a $610 bet on DHT.

He has about a 1.9% chance DHT will reach $14 by then.

May Lawrence Carroll have mercy on his soul...

[Anonymous No.19098069]

>https://seekingalpha.com/article/4347044-opportunities-in-tankers-interview-praetorian-capital

I'm pretty proud that TSG made the Gold Miner analogy before praetorian capital. We honestly have some sharp guys in here.

[Anonymous No.19098168]

>>19097945
rip

[Anonymous No.19098174]

>>19097945
>to buy DHT for $14 on or before june 19th
Why would he do that?!?!
I thought he was selling those calls.

DHT most likely not getting to 15$, I'm predicting if we really have negative oil, that it goes to 12$ max.
And by June 19 it will probably be back to 8 or 7 best chances.

If everything goes like Brandon says DHT will lose 1$ per share next Tuesday and stay crabing at 5$ till shares buyback.

I need to get into options to sell these idiots these calls!

WTF?!?

[Anonymous No.19098251]

>>19098174
Price of calls increases as you approach the strike, so you can sell to close at a higher price than your buy even without hitting the strike, and profit heavily from that. For more information, try optionsprofitcalculator.com

[Anonymous No.19098267]

>>19098069
One of the first comments:
>Follow the guy who went long Mongolia and short Tesla and suffered massive losses on both? No thank you. Kuppy always sounds smart (I'm sure he is) but he isn't a very good investor. Does he occasionally hit a HR? Yes, but he's blind squirrel with a blog.
That said, I don't know of a single realistic bear case for tankers.

[Anonymous No.19098413]

>>19098267

Fair enough, but you have to take the good with the bad in any investors or any hedge funds. Nobody makes all the right plays, you have to look at the whole portfolio history. For example he went long gold miners and probably got a nice 5-10x. If he went long silver, he got a nice 10-15x. (He mentions silver but i don't know his investment.)

[Anonymous No.19098456]

>>19098251
Didn't even let me select 15$
But the Simulation for 14$
Shows that anons only chance is to sell the calls on Tuesday, no matter what happens.

[Anonymous No.19098458]

>>19098413
He looks like he's only done gold and it also seems it's the only play he's ever won. However since he's long tankers, he'll have another play to talk about in the future.

[Anonymous No.19098476]

>>19098251
This guy gets it.

If DHT moves hard within the next two weeks, the profit potential is huge. It doesn't have to get to 15 or even 14 or 13.

[Anonymous No.19098491]

>>19098456
You realize those are percentages right?

[Anonymous No.19098517]

frustrated fidelity not letting me do the options i want lads

[Anonymous No.19098533]

>>19098267
Bear case for tankers.

Oil is being used less and less in the future, therefore tankers are going to take a hit.

Take a look at the markets. Big Tech and solar are making huge gains.

Investors don't want any part of the past.

Saying this....I am investing in Oil companies, because this is their bottom, lol. Will sell once I get 50% gains.

[Anonymous No.19098559]

>>19098533
>this is their bottom
>future rollovers next week
>bottom
Escape while you have the chance, then invest in the actual bottom.

[Anonymous No.19098573]

>>19098456
No, it says that he'll break even if the price hits 12.33 on the 18th (or 11.67 on the 16th, or ... or 6.33 tomorrow).
However if he holds to expiration, it will of course expire worthless. That said, this does not take into account dividends: if he were to exercise before May 19, his cost basis would be reduced 0.35 per share. Equivalently, he would actually be in profit if he executed immediately as the dividend would actually be higher than the $0.33 needed to break even on the 15th, for example.

[Anonymous No.19098585]

>>19098476

If you guys are going into this with that idea, You'll be holding bags like some guys left from the first negative rollover.
The stock price will go up for 2 or 3 days max before dumping again, this time for good until Oil prices skyrocket up due to lack of supply in 2 or 3 months(if no second wave)

>>19098491
Yes, he will only get on very green on the 19th May.

[Anonymous No.19098712]

>>19098533
Solar is very negative right now fucking lmao, so are all other renewables. Look at the market yourself. Know what's green as fuck? Fucking oil. Jesus anon at least fucking try.
Implying that oil is just never going to reach the same demand as pre-corona ever again is not realistic. It is possible, but not realistic. Plastic is never going away. China is never going away. Tech's increase is currently because it's seen as safe haven and because it's propped up by corona, it won't hold long-term. In fact I expect it to go way down as soon as corona is gone for a minute. Eitherway, WFH will not be a long-term pattern in my opinion. While everyone's happy at home right now, brainfog effects have not quite yet set in. They usually take a few months to begin and only really set in in a big way approximately 6 months in. So only after a company has gone fully WFH for a year or so will they declare it was a mistake. Oil demand COULD be depressed during that time (again, completely unrealistic anyway), but that would roughly coincide with the start of tankers moving from storage back into actual shipping, so they'll be fine for the entire duration. Finally, what you're describing would still not be sufficient to kill tankers, as oil would still need to be transported. It would ensure their share price stays around their current level, but that excludes the current environment literally not being priced in (currently, tankers could literally go under, and this would INCREASE PAYOUTS TO SHAREHOLDERS compared to the current share price).

[Anonymous No.19098716]

>>19098585
It's always been about the 19th of May.

[Anonymous No.19098759]

>>19097906
>>19098559
People have been shorting the June contract. And now they have to cover so it's going up. Too many people thinking that just the same thing will happen like last month.

[Anonymous No.19098826]

>>19098716
I get it now.

So the risk is losing the premium which in his case is 1220$ (50% max if he sells in May19th)
The upside is infinite and at 6.67 he is in the money?

That doesn't look that dumb after all. Even if nothing happens, dividend hunters will prop the stock up to 80cents, prolly enough for break even...

right?

[Anonymous No.19098829]

>>19098456
If it gets back to it's 52-week high at any point next week it's a profit.

[Anonymous No.19098864]

>>19098826
Correct. And if FOMO sets in and the stock does something crazy like doubles next week........................

[Anonymous No.19099000]

>>19098829
>>19098864
I'm in on the same plan.
Acceleration in price due to potential hype is what I'm counting on. And its not just a wild guess. Shopping for more options yesterday and all of these had 45-50 delta:

>FRO 19jun $8c for 0.60
>EURN 19jun $10 for 0.60
>NAT 19jun $5.50 for 0.50

Those are super cheap for theoretical 50/50 chance of making money.

[Anonymous No.19099144]

>>19099000
singles + dubs + trips confirms

its fucking happening.

[Anonymous No.19099350]

>>19098712
>Solar is very negative right now fucking lmao, so are all other renewables. Look at the market yourself.

What is the Bear case for renewables? What's wrong with solar? I thought solar was on the up and up.

I have a bull hard on for uranium and nuclear but nobody likes to talk about uranium or include it it the green talk (yet) so more cheapies for me.

>>19098533
My rebuttals:

True but we're talking 30 years here. The transition will take a long time if you mean cars. Everybody's broke and can't afford the newer electrics, this will be a slow transition that'll allow us plenty of time to cycle through many secular bull and bear markets until this point becomes valid. Tankers aren't a 30 year play for us here either. Some of us are betting on June/July/August oil blowing up, some of us betting on 2021 bull market in tankers due to supply destruction. (Many tankers in industry are getting very old, inspections and upkeep cost more than scrapping. See http://classicvalueinvestors.com/2020/05/10/most-important-chart-for-tankers/))

"tanker rates will drop argument" many have brought up supports the case for tankers too funny enough. Companies will just scrap and destroy supply which will drive up rates until market finds a healthy equilibrium.

[Anonymous No.19099412]

LMAO NAT earnings were not before 5/15 whoever payed a fuckton for my 5/15 $10 contracts when it was at 8.70ish got fucked hard

[Anonymous No.19099499]

>>19099350
> Companies will just scrap and destroy supply

Tanker companies aren't a cartel, m8

[Anonymous No.19099531]

>>19099499

Their cost benefit of holding onto old tankers isn't worth it if rates go down. It's what makes STNG trade at a premium along with other factors. Scrapping is the move if rates go down. Scrapping = supply destruction = demand goes up

[Anonymous No.19099536]

>>19099350
>What is the Bear case for renewables?
There's no strong bear case for renewables, they're objectively a good super-long-term investment. The problem is there's no "real" bull case either, it's really expected to go super slow and steady for decades and suddenly there'll be an advance you couldn't possibly see coming that will propel technology X or Y or will bring about a new renewable tech.

>solar was on the up and up
as far as I'm aware that's on hope of more solar roofs and such (due to space), but that has strictly limited upside because it's useless in entire countries simply due to climate and such. The point about tech above? That was a major contribution to solar these days, it's only relatively recently that they've become sufficiently efficient for mass deployment as it is possible now. This isn't like oil, gas, tech, gold, etc. that scales automatically just as population increases, there are hard limits to the physical space you can use that are much starker than in other areas, and it's not sufficiently good to be a primary energy source at this point.
For the record I would advocate in favor of having a 5% or so position in renewables. I think they're not very risky and hype waves carry them safely as markets rise.

>I have a bull hard on for uranium and nuclear but nobody likes to talk about uranium or include it it the green talk (yet) so more cheapies for me.
Those aren't renewables. The bear case for nuclear is literally public opinion (i.e. politics). Some countries swore off of nuclear completely because of meltdowns or strongly limited where nuclear power plants could be placed, which is silly. The bull case is that it's as good as it gets for nuclear subs and I think it could reasonably be used for other sea transport. It's extremely efficient for power generation and novel technology (again as above) makes it almost completely waste-free. However, I doubt other transport will ever use it, and as I said, regulations are fk'g it.

[Anonymous No.19099566]

>>19098533
tankers are booked for months out at high rates. pretty much everyone expects tanker q2 earnings to be high which is bullish at least until fall

also no ones buying solar when oil is at record lows

[Anonymous No.19099606]

>>19099531
>Their cost benefit of holding onto old tankers isn't worth it if rates go down.

That only happens when they actually operate at a loss

And even then it's a game of chicken which company scraps first so if we got to that situation it would probably take some time until the scrapping begins

this wouldn't be good for tankers and even if rates normalize their profits would be lower in the end if they have smaller fleets

[Anonymous No.19099680]

>>19099536
Bull case for uranium is supply has been destroyed over the course of the long ass bear market, and recent mine shutdowns have shocked supply and caused a huge rebound in ur miners. Everybody has been waiting on the eventual bull market, now could be the very beginning of it. Also, 90% of USA uranium is coming from Soviet countries which is a national security risk. White house has addressed this and has stated they want to move all uranium production to in house in next 3 years, or something along these lines. (bull case for USA uranium.) plenty of plants are still firing up around the world too.

>>19099606
It's more of a case for a nearby floor in tanker prices, but yes it's a lot more complicated than im making it sound.

[Anonymous No.19099720]

>>19099680
Sounds good for US uranium for sure. Any idea what the demand landscape could look like though? You're not going to get much out of it with 100 mines operating when demand is a gram per week or whatever.

[Anonymous No.19099729]

Alright, you convinced me.

Scrounged up $4000, every dollar to my name, and put it on DHT at 6.30

Please tell me I'll make some kind of money, please

[Anonymous No.19099748]

>>19099729
You'll at the very least get dividend :^)

[Anonymous No.19099775]

>>19097599
Based sea cat. We’re gonna make it bros

[Anonymous No.19099783]

>>19099680
The real treasure will be thorium once it takes off. More common than uranium, doesn't need to be enriched, and can't be made into nukes. Also much less waste and that waste is less harmful. Sadly the only company I believe researching it that's public is ltbr
>>19099729
Worst case, you'll get the divvies.

[Anonymous No.19099794]

>>19099720

Dunno man, I know plants are still going up around the world. From construction to start takes a while though. Here's a bullish article. https://www.world-nuclear.org/information-library/current-and-future-generation/world-energy-needs-and-nuclear-power.aspx

>>19099729
Don't fuck yourself anon... have enough cash to stay solvent through the tanker ride. it's extremely volatile. also would recommend in diversifying into eurn or stng as well. Stng seems incredibly cheap/

>>19099783
very interesting anon, will do my rserach

[Anonymous No.19099823]

>>19099794
India and china are doing the most research. The us is too but it isn't as public yet (know a guy in the department of energy who told me about it). I think one of bill gates companies is researching it too.

[Anonymous No.19099854]

>>19099729
>at 6.30
ouch, its going to drop another 40 cents at least by monday when ex div hits, if oil keeps pumping in price then you could be look at a full dollar hit by next wednesday and it will probably stay there for the forseeable future.

[Anonymous No.19099923]

>>19099729
Ignore >>19099854
He's a faggot

How much new money came into the WTI June contract today. I can't imagine how fucked those people are and they have no CLUE what's coming.

Thousands of barrels of oil... I hope video comes out. NO ONE is getting off with a BS claim of ignorance this time.

Somebody's going to lose millions.

[Anonymous No.19099956]

>>19099923
>I can't imagine how fucked those people are and they have no CLUE what's coming.
I could say that to you about dreaming of the moon on monday thats not coming. Do you have any fucking clue how ex div works and how you'll lose money on the share price?

[Anonymous No.19099962]

>>19099923
>How much new money came into the WTI June contract today.

Short covering

[Anonymous No.19099967]

>>19099956
STFU faggot

[Anonymous No.19099982]

>>19099967
hit a nerve?

[Anonymous No.19099983]

>>19099962
So who owns the contracts then?

[Anonymous No.19100000]

>>19099982
STFU faggot

[Anonymous No.19100018]

>>19099983
Those who want to buy oil?

[Anonymous No.19100021]

>>19100000
Checked.

[Anonymous No.19100066]

>>19100000
truth hurts, its okay, itll be over soon

[Anonymous No.19100075]

>>19100000
checked and correct.

playing divs is fine too if you're betting on appreciation unrelated to divs. I don't see the argument unless you're arguing all divs are bad.

[Anonymous No.19100087]

>>19100018
Maybe I'm not asking the question right. I'm wondering about people who wrote options to sell, never considering that they may have to cover. They own the contracts then don't they?

[Anonymous No.19100104]

>>19100066
I like how his nose is acknowledging the get, but otherwise...

STFU faggot

[Anonymous No.19100129]

>>19100104
You're like a child throwing a tantrum, its quite amusing.

[Anonymous No.19100137]

>>19100129
STFU faggot

[Anonymous No.19100156]

>>19100087
They borrow the futures and sell, then have to buy back to cover

[Anonymous No.19100271]

>>19100156
So who has to take delivery of the contract?

Am I making this more complicated than it is? Are these people who wanted to take delivery of the oil the whole time?

I buy/sell options but never write/execute so I'm super hazy on how that part works.

There's got to be a ton of people stuck with contracts they never expected to be holding.

If you buy a call and it expires in the money you either own the contract or have to sell it don't you?

[Anonymous No.19100286]

>>19099783
>can't be made into nukes
I think that's a major downside, not upside. I guarantee you that every single uranium mine and every single nuclear plant is getting government subsidies (and other kinds of financial incentives) precisely to give them access to depleted uranium to make nukes.

[Anonymous No.19100321]

>>19100286
You're a moron.

[Anonymous No.19100352]

>>19100321
>the goyim know, shut it down!

[Anonymous No.19100459]

>>19100352
You don't fucking need a nuclear reactor to get depleted uranium you fucking retard, depleted uranium is a waste product from enrichement. A waste product which can be reused and potentially reprocessed into fuel but a waste product nonetheless, and most definitely isn't going to be used to make nukes because it's DEPLETED uranium.
If you can't nail down this basic shit I really doubt you're some kind of secret weapon's program savant either.

[Anonymous No.19100497]

>>19100286
I'm talking more globally. This opens nuclear energy to countries that don't/can't have nukes. It's also much safer since thorium reactors can't make meltdowns like uranium does.

[Anonymous No.19100507]

>>19099499
This is literally the reason tankers have survived, every time rates go super low they scrap old tankers since there are so many shipbuilders. This is usually when stock prices rocket due to lack of ship supply.

>>19100271
Futures are different then options, you are obligated to take delivery of your product if you own a contract, no matter what the spot price of the commodity is. The only entities that can actually take delivery of the crude is refineries, factories, and storage facilities (SPR and exports is mainly driving WTI June futures up. Probably...?) If you are not one of these three things, you will be billed for storage of the product you own. Normally, people will just sell/buy the opposite type of contract of contract to close their position, just like options. Right now though, literally no one wants crude oil, even the refineries don't want it because there is no demand for clean product. They're on like 50% utilization right now. Everyone is expecting a firesale because we've practically run out of storage (hence the contango play driving tanker rates through the roof), and nobody wants to buy up contracts because it costs obscene amounts of money to store the oil.

[Anonymous No.19100548]

Guys, can we talk about I'll and tankers please.

More precisely, who the hell has to take delivery if somebody bought a $25 call on a WTI contract and they are holding it tomorrow. That's 100,000 barrels of oil.

Couldn't literally anybody who can buy WTI options be held responsible for taking delivery?

[Anonymous No.19100574]

>>19100507
Forgot to mention and simplify: Assuming the front month contract of WTI decouples from later contracts, we will have another contango which drives tanker rates up significantly, therefore driving share price up.

A lot of other guys have different reasons to invest like long term goals, divvies, etc; But this is mainly the reason I'm invested in tankers.

[Anonymous No.19100589]

>>19100507
That's what I was after, thank you.

In short, fucking chaos starts tomorrow.

[Anonymous No.19100619]

>>19099144
Double dubs confirm the confirmation
>>19100000
Based

[Anonymous No.19100627]

>>19100548
Nobody wants to take delivery of crude so they'll probably just let the option expire worthless even if its ITM, or perhaps they'll store it and write a contract for the next month.

[Anonymous No.19100682]

I WISH I NEVER BOUGHT THESE STUPID SHITTY TANKERS

[Anonymous No.19100687]

>>19100627
How can it expire worthless if it's ITM? Isn't that a contradiction in terms?

Somebody is fucked. That's all I know, I guess.

[Anonymous No.19100702]

>>19100687
It cant.

[Anonymous No.19100712]

>>19100682
now you're using this thread correctly

[Anonymous No.19100751]

>>19100627
Let's say Brandon Dipshitz bought a WTI call because he swallowed the hopium and figured it's an easy way to make some money. He can just walk away from it and it reverts to the writer?

What if Brandon Dipshitz was so stupid that he WROTE calls, thinking there is no way somebody isn't going to buy and execute them.

His 100,000 barrels of oil are now sitting on a tanker costing him $2,500/day unless he can unload the contract. That's exactly what happened last month right?

[Anonymous No.19100885]

>>19100000
Witnessed. He’s truly a faggot

[Anonymous No.19100936]

Hello all.
Good luck to everyone here and to hell with the negative vibe merchants!

[Anonymous No.19100943]

>>19100589
I fucking hope chaos starts tomorrow, crude should've crashed today and yesterday as we inch closer to crude roll over and OpEx. If we don't see something major soon I'm calling foul play. Some people are saying the price rise is shorts covering their ass because the market's been manipulated by ((((unknown entity))) but who's to say. I hope someone deconstructs and analyzes this point in history so I can see it from a new perspective, because right now the fundamentals are fucking me in the ass.

I've said this like 20 times already but I know people who work in refineries and factories; they have told me there is extremely low demand for crude due to the buildup that already exists from April. I'm not sure who is bidding up all this oil.

(1/2)

[Anonymous No.19101020]

>>19100751
>>19100943


Directly from CME Group:
>A contrary instruction must be submitted by the clearing firm when a customer submits a request to exercise an "out-of-the-money" option or to abandon an "in-the-money" option. Contrary instructions are not allowed in some products on the day trading in those products terminates. Abandoned “in-the-money” options and unexercised “out-of-the-money” options will expire (i.e. do not result in a futures position).

So an ITM call can be abandoned, and the contract writer receives his premium like normal.

Does Brandon Dipshitz have barrels of oil that he can sell to the contract buyer? If he does, then there isn't an issue. He simply sells the oil to whoever bought and executed the contract. If he wrote naked options (which is retarded and probably won't happen because futures options traders aren't retarded) then he'd be on the hook to buy the barrels of oil at market price and sell it at whatever the strike price for the call option is.

So yes, if the contracts he wrote fails to be executed and he can't handle the storage, he must figure out a way to sell his oil on the spot market (hence negative oil.) Ultimately, Brandon Dipshitz is responsible for the storage of the barrels of oil he owns. If Brandon can handle the storage fees or has some system in place to accept delivery, then it's not an issue.

(2/2)

[Anonymous No.19101032]

>>19100943
https://www.youtube.com/watch?v=SQTbbUASPLQ

and this is how I fucking feel being 100% long in tankers:
https://www.youtube.com/watch?v=YVHY9nIPo6s

[Anonymous No.19101036]

There is no way UCO is legitimately rising. This is blatant manipulation.

[Anonymous No.19101063]

>>19101020
>If

But what happened last month proves that a lot of people did exactly that, doesn't it? Otherwise we never would've gone negative.

[Anonymous No.19101085]

>>19101036
>>19101020
>babbys first irrational market experience

[Anonymous No.19101217]

>>19101063
Last month was a result of ETNs buying front month contracts and rolling them over to the next month to "track the price of crude oil." They bought so many contracts that they were legally obligated to sell it caused negative oil prices. I have no idea what's happening this week since the ETNs have rolled over to other months, but I do know that no one is taking delivery of oil so I couldn't possibly imagine where it's all going. This is what everyone is yapping about and banking on.

>>19101036
Ok I'm sorry but you're retarded. UCO tracks July, September, December(?), and next year June contracts. All of those have gone up, and as a result the share price goes up. stop being ignorant. know your investment.

[Anonymous No.19101224]

>>19101085
BRANDON FINALLY ADMITS THE TRUTH

[Anonymous No.19101303]

>>19101217
If the fucking government steps in and says they're going to take over all the contracts so they don't go negative, so help me I will lose my mind.

[Anonymous No.19101380]

>>19101303
It's possible, but the SPR is already close to capacity. Last time they tried to fill it in March they couldn't because the government spending got cut for stimulus checks. Also the FED is renting out storage space for oil, so that might drive up price as well. I don't think the government can handle like 10 million barrels of oil though. It's just not fiscally possible, it seems like they struggled to purchase 1 million.

[Anonymous No.19101396]

>>19101380
Brrrrrrrrrrr /-:

[Anonymous No.19101757]

>>19101224
This guy isn't a Brandon he just isn't a tanker chad. You can tell because the things he says are coherent

[Anonymous No.19101811]

>>19101396
It's not a money thing, there is no physical space to put it all. And no time, this shit will hit very quickly

[Anonymous No.19101818]

Alright, so if people are saying that the volume today is just people closing out shorts, then the price is irrelevant to the situation in general, isn't it?

The real problem begins when somebody is forced to take delivery and they can't find a refinery or whatever to take it. And that problem should be even worse than it was in April, with all the tankers piling up all along the coast.

[Anonymous No.19101855]

>>19096591
>Jun futures contract (CLM0) still has 138 million barrels due for delivery, with just four trading sessions before expiry. The liquidation rate will have to accelerate significantly soon to avoid a repeat of the volatility that marked the previous expiry
Guise I'm starting to think I need to get rid of some of these front moth contracts...

[Anonymous No.19101999]

>>19101032
>https://www.youtube.com/watch?v=YVHY9nIPo6s
Awesome - this is one film I have not seen. I actually cheered just now when he got the unemployment number.

[Anonymous No.19102015]

>>19101855
>138 million barrels for delivery

>U.S. crude oil refinery inputs averaged 12.4 million barrels per day during the week ending May 8, 2020

Refineries already fucking full, literally cannot take in anymore crude. Assuming they buy up 12.4 million barrels of crude every day for the next 4 days there is still 88 million barrels of crude (this is extremely high on hopium)

>4 million barrels a day for exports, subtract 16 million barrels (again, high on hopium, who else wants more fucking oil)

>72 million barrels
>Sorry guise, 71 million barrels, SPR got rid of 1 mil.

>subtract 20 million for salt mines and pipe lines

HAHAHAHAHAH WAHT THE FACKUFAKDC WAHTS WHERE IS OIL GOING WHOS TAKING IT? YOU STILL HAVE 52 MILLION BARRELS OF OIL WHATTTTTTT

>INB4 SPY IS DOWN 5%

[Anonymous No.19102164]

>>19100459
I see you're a very special boy. I bet your mommy put you in special school since you're so special.

[Anonymous No.19102218]

>>19102015
> 26 VLCC's of oil suddenly need a home
> No ships or space available, everything everywhere is full
> Jim down the street filled his pool with oil
> Btw look out the window, tons more of ships off the coast also backed up and need to unload massive black ropes of crude
Not sure I care about tankers now, my concern is that the market is being held up purely by sentiment, and would this be enough to flip the switch to DOMP EET and start another market move down. Even the bullish thesis saying "muh contango is lifting" points to just "smaller crude builds" as proof; meanwhile major cities are canceling summer. (lol you thought you were keeping your wagie service job?).

I guess we'll get our $2000/month stimulus until the economy implodes, fwiw. And watch the SPY rally even as crude goes -$100 USD.

[Anonymous No.19102695]

>>19102218
I cannot imagine a future in which May 20th we don't have crude prices that are lower then today's. The contango play is gonna cause tanker rates two electric boogaloo

[Anonymous No.19102913]

>>19102164
Seeth. I really do hope you're dumping a bunch of money on bets using a depth of knowledge as deep as the aral sea.

[Anonymous No.19104072]

>>19102015
>futures right now is up 50 cents more for oil
But...why? How is this going to play out? Theoretically, what DOES happen if oil futures end up trading positive but nobody has anywhere to put their oil?

[Anonymous No.19104193]

I'm excited to help you guys pump this back up so you get your gains

[Anonymous No.19104211]

Dear Tankerbros,

I did my fucking research and I'm going to share with you what I know for a fact, only because I adore you tards.

COPY/PASTE this:

The problem with the WTI crude oil contracts lies in the following mechanism: 99% percent of WTI contracts end with no delivery, because they are held by paper traders (speculators, ETFs, chinkbank, etc). If you check what happened in April with the May contracts you'll see that in the end, more or less 2.5k contracts delivered ergo 2.5M oil changed hands. The reason the price of this contract went negative and probably will go negative again is that there were LESS real buyers (who are able to store the fkn oil) than real sellers (who want to deliver it). In other words, on the last days when the SHTF it became a very real scenario that a bunch of paper traders who have no means of accepting the delivery WERE MATCHED with suppliers who wanted to deliver by all means (no capacity and over-production).

The June WTI will go negative before expiration if the following conditions are met:
1. There are fewer buyers who really want to take the oil. (probably, as the capacities are near full)
2. There are more sellers who really want to deliver the oil. (probably, because of over-production)

How to check that we are on the way to this?
Look at the open interest (unclosed contracts) data here:

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_quotes_volume_voi.html#tradeDate=20200514

If the open interest will be substantially higher than 3500 (previous months volume + the gubment buying 1000 contracts) during the last trading day (19th) then it's game over, it WILL go to negative.

Obviously, the jump to negative can happen earlier because of anticipation.

Pic attached shows the open interest for 05.14.

Hope this clarifies things and if I'm wrong, please enlighten me.

[Anonymous No.19104487]

>>19104211
You’re wrong but i’m not going to waste time spoonfeeding.

[Anonymous No.19104530]

>>19104193
>5.75
I really hope it does not go that low. That would be the most obscene undervaluations of all undervaluations. At the same time, godspeed on 10k shares. Though I kind of hope you don't hit it for our financial sake.

>>19104211
>open interest at 85k
>3.5k needed
idk about how this stuff all works and all, but that sounds to me like a WHOLE bunch of "actual" buyers have to "actually" buy right now at these obscene prices or things are fucked. And that seems unlikely.

[Anonymous No.19104549]

>>19104487
faggot talk

[Anonymous No.19104726]

>>19104487
What a cop out

[Anonymous No.19104830]

>>19104530
1 post by this id.

[Anonymous No.19104848]

>highest revenue in years
>blows expectations out of the water
>oil, while not negative, is still in decades long lows
>dht and fro tank
Can someone explain this to me? I've got an fro call expiring next month at 9$ and I'm down 50%

[Anonymous No.19104853]

>>19096086
Well, well Brandolini. Those earnings tell a different story.

[Anonymous No.19104865]

Just came up on $600 to gamble with. SPY puts tomorrow morning at open?

[Anonymous No.19104873]

>>19104865
Puts on DHT

[Anonymous No.19105172]

>>19104848

>Retail scarred from having 5 year bear market, hesitant and weak hands
>Hedge funds shorting cause they bought in pre-covid - even if you bought recent peaks you probably got in under institutional price. >They're even sending in their FUD team, literally 1/3 of threads are FUD, over 100 posts by 1 user using flowchart FUD; have gotten more desperate as options expiry are nearing, as storage news is beginning to reach headlines. We have screenshot proof. They won't address our arguments, just trying to scare away new investors. Starting to get smarter though, sending multiple computers instead of 1
>FUD users obviously new to 4chan, don't understand gets, don't understand samefagging, don't understand insanity of 1 user posting at rates of 1 post/5min for 10 hours (This actually happened), uses reddit speak "yall" "im a boomer xD"
>Most people don't understand tanker play, TANKERS ARE NOT INVERSE OIL, but only are in the short 1-3 month term
>Most don't understand tanker market, any event skyrockets charter prices due to low supply,
>"Rates down 50%" in headline, but still 2-3x average rates, also rates LOCKED IN for Q2, money is in the bag
>Tanker industry bad reputation, have been known to be sleezy
>/tsg/ is sitting comfy cause we researched their balance sheets, researched tanker market intricacies (at least some of us), understand risk reward is too big to pass up

[Anonymous No.19105447]

>>19098456
>>19095282
so help me guys, is he really expecting DHT to more then double in stock price till june?
isnt that a bit optimistic

and guys, whats ur opinion on >>19104211

[Anonymous No.19105474]

>>19105172
The good point however, is how much is good is a good Q1 and Q2 compared to a permanent reduction of oil demand brought on by a permanent stagnation of the anglo-countries.

[Anonymous No.19105750]

>>19101303
>>19101380
Doesn't mater who takes the contracts.
What matters is the lack of storage. Money knows no flag and I doubt even the US government has their own tankers.

If the US gov buys all the contracts, they still have to store it somewhere.

That's the beauty of commodities. In the end, they really exist. And oil is very difficult to store because it is heavily polluting.

>>19101818
>The real problem begins when somebody is forced to take delivery and they can't find a refinery or whatever to take it. And that problem should be even worse than it was in April, with all the tankers piling up all along the coast.
Exactly.

[Anonymous No.19105795]

>>19104211
MAMA MIA THAT MAKES SENSE

And what if the storage problem is actually worse than it was before and the price is inflated well beyond what it should be? Producers are certain to force delivery in that scenario aren't they?

It's the paper traders who have driven up the price of oil to idiotic levels in recent years and if they can get fucked I will enjoy that even more than taking their money.

[Anonymous No.19105882]

DHT is up almost 2% in premarket and there should be no more retail left to sell off at open.

Fuck I can't sleep.

[Anonymous No.19105922]

>>19105882
Kek premarket means nothing. Get ready for another day of dumping. Shit is almost gauranteed on open for tankers

[Anonymous No.19105926]

>>19105172
This. Also Hands are steady and FUDs can eat a bag of dicks

[Anonymous No.19105950]

[Anonymous No.19105971]

>>19105882
Today and monday will be pretty bad for DHT as ex div is coming up and that always hurts share price a lot.

[Anonymous No.19106048]

BRANDON
R
A
N
D
O
N

NEVER
E
V
E
R

SLEEPS
L
E
E
P
S

[Anonymous No.19106056]

>>19105971
That's not How it works.
Pre dividend stocks go up because people buy them on purpose to get divies and then dump them after they recover enough.

Do you even do dividend capture?
Because I do!

[Anonymous No.19106080]

>>19105950
I had forgotten about PetroBras
They must be so fucked now.

[Anonymous No.19106102]

>>19106056
https://www.investopedia.com/terms/e/ex-dividend.asp

please at least do a little research, DHT will take a big hit on monday

[Anonymous No.19106157]

>>19105474

good point

[Anonymous No.19106178]

>>19106102
>DHT will take a big hit on monday
You are right! Ex-Date is 18.
I thought it was 19.

[Anonymous No.19106182]

>>19105795
Then we will see more volume in negative territory than last time.

[Anonymous No.19106272]

>>19106182
so you expect even higher negatives this month RO in that scenario?

[Anonymous No.19106462]

Found a useful chart for the interpretation of the crude futures stats.

Current status:
Price: Rising
Volume: Falling
Open Interest: Falling
Interpretation: Market is weakening

[Anonymous No.19106568]

>>19106462
hey, welcome back.

still able to breath i see :) good to know

[Anonymous No.19106591]

>>19106568
able to breathe but unable to sleep

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_quotes_volume_voi.html#tradeDate=20200514

this page is indicating that all call/put options have been closed on the june contracts. that SHOULD mean that what we're seeing with price still going up, volume increasing, and open interest falling is all legit trading of a weakening oil market

maybe it just does that every month at the end of a contract?

[Anonymous No.19106822]

h-here we gooooo

[Anonymous No.19106955]

>>19106822
so let me get this straight...
u expect DHT to skyrocket and more then double till june?

[Anonymous No.19106968]

>>19106955
i'm expecting the market to clown

[Anonymous No.19106973]

>>19106272
>>19106591

Last time the actual volume in negative was quite small, but still unprecedented hence the shock. If the conditions are as we expect than this volume will increase and the typical trading price in negative territory will decrease more.

Yes, on opex day (3 days before futures expiry) all options are closed.

[Anonymous No.19107038]

>>19105882
Its just 18 shares retard

[Anonymous No.19107058]

>>19107038
STFU faggot

[Anonymous No.19107073]

>>19106973
sry if you feel like spoonfeeding...just got burned yesterdays with oil shorts.

so everything looks like its going bananalow again. how am i now able to profit from it?

[Anonymous No.19107083]

>>19107058fuck you moron
18 shares at 6.40 means nothing
i could do a buy at $8 and it would show $8 premarket
fuck this tanker SCAM

[Anonymous No.19107085]

>>19107073
last time oil did this it dragged the entire market down
so in reality you may be able to profit by shorting just about anything even vaguely oil or transportation related

[Anonymous No.19107094]

>>19107083
STFU faggot

[Anonymous No.19107136]

>>19107094
I can just buy 1 share and prop the price up too faggot

[Anonymous No.19107167]

>>19107136
DO IT faggot

[Anonymous No.19107233]

>>19107167
I sold at 6.29 instead faggot

[Anonymous No.19107241]

>>19107233
DAMN YOU faggot

[Anonymous No.19107265]

>>19107073
No worries, bro, I enjoy the company.
Well, you need to find an instrument which is strongly correlated with WTI and short it or long it depending on the relationship between the two. It's also important that you understand that instrument and have definite entry and exit points before you commit. In the heat of the panic there won't be time to act. There's a lot of options, but obviously the ballsiest and most dangerous move is just shorting the June WTI.

[Anonymous No.19107326]

lmaooooooooo

>he actually bought STNG

[Anonymous No.19107358]

>>19107326
4/5 negatives are the result of blatant manipulation that anybody has been able to see over the past several weeks

it was literally JUST pointed out IN THIS THREAD how easy these stocks are to manipulate

come on, man

[Anonymous No.19107382]

>>19107326
>technical
>literal astrology
Lmaoooo

[Anonymous No.19107405]

https://www.investing.com/news/stock-market-news/saudi-oil-rush-threatens-to-disrupt-stabilizing-us-oil-market-2172872

>“If all the Saudi tankers unload, the crude they carry will offset during May almost all of the production reductions from March levels, effectively maintaining the current high storage filling rates,” Paola Rodriguez-Masiu, a senior oil market analyst at Rystad Energy, said in a note.

>Still, the market is witnessing delays in discharging Saudi oil. For some ships, it has taken about two weeks to unload cargoes, about twice the usual time to finish the job as small ships that are needed to unload have become increasingly scarce.

>Oil imports from Saudi Arabia are not set to slow down anytime soon even as the kingdom deepens its production cuts and raises prices for June supply. Plus, a true demand recovery worldwide isn’t expected for at least another year.

[Anonymous No.19107485]

>>19107233
DAMNIT faggot

[Anonymous No.19107723]

https://fintel.io/so/us/dht/nomura-holdings

More brand new filings starting to come in.

[Anonymous No.19107783]

I just did a quick cross-reference between STNG sellers and DHT buyers.

It looks like a good bit of the institutional money coming in to DHT came out of STNG.

DHT buyers: https://fintel.io/sob/us/dht
STNG sellers: https://fintel.io/sos/us/stng

[Anonymous No.19107799]

>>19107723
They bought it at 15th March, they could have sold already

[Anonymous No.19107831]

>>19107405
>The volume of oil arriving in May and June is equal to nearly a third of all Saudi crude delivered to the U.S. last year.

[Anonymous No.19107892]

>>19107783

Wow there is alot of STNG outflow...

[Anonymous No.19107893]

People are waking u and Tankers are still sinking.

[Anonymous No.19107911]

>>19107799
Sure they could have.

So could all of these.

[Anonymous No.19108097]

the word "vaccine" appeared on twitter and people immediately piled into WTI front month which expires in 2 days

is it possible that somebody with the ability to buy WTI futures doesn't know wtf they're doing?

[Anonymous No.19108111]

>>19108097
>is it possible that somebody with the ability to buy WTI futures doesn't know wtf they're doing?

based on what happened last month I would say it's very likely a lot of people don't know what they are doing.

[Anonymous No.19108114]

AWWWWWWWW SHIIIIIIIITTTTTTTTT

1/2

[Anonymous No.19108126]

OOOOOOOOOOOOOOOOOOOOOO

2/2

[Anonymous No.19108174]

>>19108114
>>19108126
An old press release but I had not seen it posted before, and it affects the rest of the year.

[Anonymous No.19108251]

New thread:
>>19108246
>>19108246
>>19108246
>>19108246
>>19108246

[Anonymous No.19108265]

782.18% INCREASE IN DHT OWNERSHIP