/biz/ - Business & Finance

>>19069880
Up 5.8%. All tankers.

>>18934369
I can take 1, 2 days max of decline like the previous day before financial stress starts really hurting my purse strings. An up day helps me cushion more loss before the big moon, and if it begins big moon now....I won't complain.

>>18934403
By all means, fake pump/dump like this and crab along. I can handle the financial pressure at this level and a bit below.

>>18934508
In this business you got to be careful to not give an overly bearish outlook when things are bad. No one does it no matter how awful things really are, it is frowned heavily upon. This article took that exact neutral false tone of "I can't scare the living shit out of everyone and cause a collapse, I got to break it to them gently."

>>18934556
They copy pasted another article by the freighter website. But it is beautiful, we all not only held but bought more! Everyone here is gonna make it, just keep holding on!

>>18867357
Well. I am living up to my shilling. I sold all my oil today now that they are high except for HAL and MRO and KOS. Bought more tankers while sitting on margin for them already. 300 shares of DHT, 300 shares of FRO, 300 shares of NAT, 11k at play total for me, 3k of it into margin, a bit below 7k into tankers.

I am normally conservative. But I felt I had to truly double down after getting a lot of anons into this. Let's hope we all make it.

>>18865153
How tankers make money for dummies:
>oil needs to be transported
>tankers will house oil
>tankers decide payment method to be renting their space out rather than by trips
>times are bad, too much oil supply, nowhere to put it
>tankers business model allows them to offer the tankers to rent space rather than deliver
>when rented, technically the company renting owns the load and can decide what to do with it
>competition gets tough, less space, more supply, rent prices go up
>oil companies have to keep their oil there at higher and higher rental rates
>???
>profit

tl;dr: tankers don't make money by delivering, they make money by renting out their space. Oil can only be stored on industrial grade land OR industrial sites (tankers count). Room is running out due to oversupply, tankers are renting space to keep oil. They don't need to transport to make money, they just hold the oil on them and make money as if the barrels are tenets living in an apartment.

After all the schemes and memes /biz/ has went through, it won't be crypto like LINK, won't be market giants like Amazon, won't be high tech like SOXL and AMD, won't be any assortment of meme stocks. No. The new and upcoming greatest has yet to make /biz/ make it. But /biz/ will finally all make it, and it will be from fucking oil tankers of all things. This rise is going to be beautiful, hundreds of anons are all going to make it in life and accomplish their dreams. For once, all the memes, all the bullshit, all the ponzi schemes, all the AAAAA's and OOOO's are going to be set aside as after long months and years we finally make it.

Take part in history /biz/, invest in tankers today. We are going to make it for real this time, don't get left behind.