/biz/ - Business & Finance

>>18880268
>Selling before the party starts
Weak. DHT is up, FRO and NAT idk what is going on there. Probably people shoving money into DHT. Wait until after earnings report.

I feel like such an asshole selling XOM and FANG though. Who the hell thought they would rally like this today, now I can't simply buy back in with this kind of gap up.

>>18752902
Better be longer than a week because their earnings and when they are going to reach the stars is the second week of May when tanker earnings come out. I would just buy the stock personally as it may rise for multiple quarters given we have no answer to oil.

>>18752927
These stocks when you look at their history can easily x10. They rose to their heights before due to a super contango, and this one right now is far worse (and therefore better for tankers) than the one they experienced at previous high. So it honestly doesn't matter when you buy them in terms of profit in this case, I wouldn't be autistic right now and just start buying right now as they sink because it is better to get these cheap at all than risk not having them because they went up tomorrow. At the very least buy some now as you wait or you will punch yourself should it not go your way.

>>18752932
You absolute baka, their earnings come out 05/13. Read before you spout nonsense.

>>18714416
Source? I can't find evidence for this.

>>18714443
Kek.