/biz/ - Business & Finance

>>18983827
>No one is investing long in tanker stocks, everyone knows that everyone else is just in it for the quick pump, so you're competing with a bunch of yourselves, and the least greedy wins

The best tanker stocks could be good longs. Here's a good argument for EURN. https://threadreaderapp.com/thread/1256362045261389828.html

>the idea of investing in oil is on a downtrend (I'm not going to get into an eco debate - it's just the facts)
True, but we're talking at least 20-40 years. We're not seeing full EV anytime soon. Plenty of time for more market cycles.

>NAT was a clusterfuck and rose and died on complete retards that did no research
You're god damn right lol but it still has memestock potential from Cramer and youtube getting the name in all the normies' head's. A rising tide lifts all tankers.

>rates are high but starting to fall, unless something crazy happens, I can't imagine another pump
Rates are still high compared to previous years, despite dropping yes. Personally am betting on storage filling in May from USO normies "buying the bottom" (buying the reverse split kek) see: https://www.youtube.com/watch?v=6epEggATfoc if you haven't

>the more quarantined life was, the more these had reason to pump, we are now de-escalating quarantine See pic >>18984700
for Beijing traffic data vs 2019. People are staying the fuck home.

Godspeed anon on your next investments.

>>18984755
True, but assuming it happens, we'll have exit opportunities after the pump; we're not going long for sure, we're playing by ear.

>>18959813
nice ticker and nice ship names lol.
Looks like they transport coal and iron, we're mostly speculating on oil storage here anon. But hey, a rising tide lifts all boats lmfao. with a ticker like that you can't lose. Honestly one of the best predictors of stock performance is a cool ticker like WEED, SHOP, or GOLD (go invest in gold.tsx tsg, I'm only telling you guys cause I like you guys)