/biz/ - Business & Finance

>>19465538
I looked into it as well. It's a different type of tanker company from the ones we usually talk about in this thread. Dorian LPG specializes in the transportation of liquefied petroleum gas and nothing else. The tanker craze was fueled by the crude oil glut. That's why Dorian LPG was left out, it's not a crude tanker company. I have no idea what the state of the liquefied petroleum gas market is, as I only know about the crude side of tankers, and a bit about the product side. So short-term, I have no idea what factors will affect this stock, I don't even know the going spot rate for a VLGC. That being said, the reason crude and product tankers look good in the future is because they seem to be approaching a supercycle, due to the global fleet situation. Dorian LPG seems to have a very young fleet w/ a lot of the current environmental restrictions meet. So if the Very large gas carrier (VLGC) market gets caught up in the tanker supercycle, this company may be a good long-term hold. Though, that young fleet probably means they have a large amount of debt. I have this stock earmarked for further research, but haven't gotten into it. If you want to buy I'd recommend doing very in-depth research. The shipping market is volatile as hell, so you'll want to know what you bought. I advise extreme caution when investing in tankers, they're not for the slight of heart. Here's their website:
http://www.dorianlpg.com/Home/default.aspx

>>18833391
>RTX is too long of a hold to really profit in this crab market.
You missed the part where it went up 15% and down 10% in two weeks. RTX is a long hold, but the market is so volatile that you can swing trade anything. I bought before merger, sold at $67, and just rebought at $60. The beauty is that even if you fuck up your timing, it'll go up in the long run and you can just wait it out.

>>18634312
RTX can supply engines and avionics to any manufacturer, and their defense business gives them a rock solid fallback. RTX is a big brain aerospace play. Spirit looks interesting, too.

>>18597977
I got a limit buy on VOO today.