/biz/ - Business & Finance

first for
COLD
DEAD
HANDS

COLD DEAD HANDS

third for
https://www.investing.com/analysis/commodities-week-ahead-oil-storage-rears-ugly-head-again-gold-tiptoes-on-china-200524216

>That proves that the “contango play” in oil—where the discount in crude’s front-month versus the nearest contract makes the commodity worth for storing—could be revived, Gibson suggested.

WTI’s front-month June contract was at a discount of less than $1.30 to July WTI while its London-traded peer, July Brent was less than $1.10 to its August contract. The WTI contango was about 20 times larger less than three weeks back when U.S. crude fell to its first-ever negative pricing toward the expiry of its then May front-month.

While another fate like that might not befall the current front-month, the growing storage for U.S. crude is beginning to spook some in the market.

>>19016126
Nice, I was going to use this pic when I was thinking about starting a new thread

Reasons tanker stocks are crashing to bankruptcy

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

1. Contango almost gone
2. Daily rates crashing to all time lows
3. Dumb money has already left and wont be back
4. Tanklets dont understand dividends
5. Tanklets dont understand that stocks value are based on future earnings
6. Brandon told them much of this and they didn't listen and already lost money; now mad at all Brandons
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
12. Then down to zero on bankruptcy by June 2021

None of this is reputable

>>19016206
“What we're seeing right now is the head fake before another surge in CV (crude volume) that pushes storage to maximum capacity & oil prices to new lows,” said a weekend tweet from Art Berman, who has nearly 22,000 followers on Twitter, made up mostly of oil and gas professionals.

>>19016147
>>19016190
Fuckin based

>>19015741
>>19015936
>>19016078

Still not convinced? Well lets start looking at the NIKKEI then for any similarities.

Chart 4 shows the Nikkei during 06-08. Again, we're seeing danger in the months immediately after May. Obviously it crashed with the SPX but interestingly enough there had been an earlier pattern.

>>19016224
God this spam is getting annoying

>oil down today
>tanker rates have gone up
>every tanker down just above 10%
>oil storage is contracted out
>NO MORE STORAGE
ok. nice.

>>19016243
>>19016190

We love our bagholders, thank you for your service and taking another 5% loss today so we can profit

T. Goldman

>>19016268
Sorry for posting the hate facts explaining why your "investment" will go to zero

Accumulate REFR bois.

Hold to 30

https://www.timesofisrael.com/smart-glass-startup-gauzy-gets-funds-from-hyundai-motor-to-expand-product-reach/

>Series C Funding
>Businesses that make it to Series C funding sessions are already quite successful. These companies look for additional funding in order to help them develop new products, expand into new markets, or even to acquire other companies. In Series C rounds, investors inject capital into the meat of successful businesses, in an effort to receive more than double that amount back. Series C funding is focused on scaling the company, growing as quickly and as successfully as possible.

https://www.globenewswire.com/news-release/2020/04/23/2021035/0/en/Research-Frontiers-SPD-SmartGlass-Licensee-and-Strategic-Investor-Gauzy-Ltd-secures-the-Series-C-investment-from-Hyundai-Motor-Company-Blue-Red-Partners-VC-Singapore-and-Avery-Denn.html

>>19016225
>>19016206
Nice links

>>19016268
Stop giving it what it craves, friend.

>>19016283
>oil down today
>tanker rates have gone down
>every tanker down just above 10%
>oil storage is available
>NO MORE STORAGE is needed
<tankerturds get flushed
<tanklets cry
ok. nice.

>>19016246

Let's do more on the NIKKEI.

Here's 1996-2003 bear markets. Wow. More correlations, and right on the money almost every time. The only time it missed was during the bull run, which I'm not here to talk about as we're currently in a bear run.

>>19016342
<just pretend like tankerturds are going up like just look away and make believe you didn't lose all your moneys

>>19016206
>>19016225
>all analysts warn against oil right now
>talk to normies
>"Oil demand is recovering! buy oil companies, buy!"

Dear god, all this FUD'ing and head faking should be criminalized. So many people are going to lose all their money, it is sad af. They don't care about research because "Market rational, it is priced in."

>>19016268
Just ignore, he probably needs to feed his family and needs the money. Pray for him.

>>19016283
Yea, it is a clown market day. Don't understand, especially now that the news is screaming from the heavens "Oh no, guys, we fucked up, demand isn't outstripping supply, we are going to run out of storage please help oh god stop rallying you are gonna kill us all this is fake, just get out before it is too late already."

>>19016375

One last chart pulling back to the prior NIKKEI bear market. More correlations. Wait a minute... that blow off top and bear market rally look awfully familiar...

resistance seems to be 23.75
if they push down below that it may not stop

Hey remember that time (this morning) when yall thought rates were going up but they crashed 75% (like your portfolio)

>stng

I am financially ruined.

>>19016477
Did your family need the money you lost on tankers and are they bragging to the neighbors about your losses?

Oil rallying for some ungodly reason. Is it just pure hopium powering this?

>>19016485
Either way it doesn't help your tankerturds since demand has evaporated

sigh, guess I'll just lose half my lifes savings then, looks like its many more years of wage slaving for me...

>>19016477
I'm torn between additional cash, tankers and inverses. I can feel all of it coming to a head. I think cash and tankers are the safer bet.

Remember that time when yall bought at the top like a normie? Pepperidge farms remembers


https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

The amount of shilling in /TSG/ is ungodly. Dont let them shake you out tanker bros

>>19016478

Conclusions so far: There have been high correlations with May and post may months during bear markets with massive pullbacks. We need to be on extreme alert IF WE'RE MAKING SHORT TERM PLAYS.

Check out the pic from the sell in may wiki page
https://en.wikipedia.org/wiki/Sell_in_May

>>19016604
Buy tankers that's what the millennials are buying let's show the boomers whose boss. Go millennials!

>>19016559
Probably. Nobody in opec cut anything apparently, there's no reason for oil to go anywhere but down

>>19016604
Cash/tankers for me too.

>>19016649
Yes hodl for maximum losses we know you haven't the stomach to admit that boomer investors are the bosschads. Never sell and you will never lose even when it goes to zero

>>19016697
Don’t you have a job or something?

>>19016731
This is his job. He's a paid shill

>>19016147
BASADO

I don't feel well..

>>19016792
gonna be a fake pump and dump this week as well
HODL

is now a good time to buy in? what do y'all think of TOPS

WTF Goldman!

>>19016820
no divvy
DHT

>>19016731
I'm retired I'm studying up on the investment habits of the millennial baghodlers . Feeling cute....might write a book about yall

Ps only a millennial could think that billionaires care about how you lose your $100 you stole from your mom

>>19016839
lol

does anyone have that pic?

>>19016792
You should be proud you have lost less than anyone else here

>>19016731
his job is to desperately try to get us out so his tanker puts can print
dude's losing more money than any of us right now

>>19016836
getting super desperate, damn.

>>19016844
See point 4
>>19016224

Excellent job ShillSquad, we’ve got them on the ropes!! Brandon has trained us well

>>19016947
post your positions
>hurr i'm retired not even in the stock market i just randomly showed up here

Tankers!

>>19016817
>>19016897
b-but it hurts... I can't feel my hands anymore..

>>19016995
they'll be feeling good on May 18-19

>>19016873
>no skin in the game
>opinion
discarded. or post puts lol

>>19016995
I'm treating tankers like shitcoins back in 2017. just pick a whole lot, set notifications and sit there for weeks until they randomly pop 2x - 10x. That cash is pretty much psychologically gone for me.

These are the times men are made. Stand fast against the waves. We are not landlubbers here in tsg.

>>19016970
How do my positions help you when you dont know how dividends work?

>>19016979
No need to rub that in my face right now! It will go back up, we already recovered a bit from this morning! just need to recover more is all, it can totally happen!

>>19017062
Aye aye, Cap'n! My captcha was to find boats, clearly a good omen!

>>19016979
Instead of jerking to pedo why dont you due due diligence and you wont lose on all your trades

https://www.freightwaves.com/news/tanker-veteran-warns-on-rates-the-storm-is-coming

>>19017063
don't worry
i found your position
>707 $3 puts

how much have you lost, brandon?

>>19017046
Your cash is literally gone friendo

There’s literally no reason to sell before futures rollover, unless you’re retarded that is

>>19017079
Down from $400 to $7 yep it's going back up anyday now>>19017100

>>19017100
Boomers dont waste our money on penny stocks and options we learned that lesson 40 years ago

>>19017152
holy shit. they're all you. all of them

>>19017118
No reason except the tankerturds go down 5% everyday

>>19017169
kek. he shitposts like it's a full time job. He's basically doing it for less than free.

>>19016604
Cash and tankers. Lost a total of 150 euro on tankers now which I nearly cover with Q2 divvy. Rest in cash because we all know what can and might happen the coming weeks.

>>19017169
It's all starting to make sense - he's pic related.

Like why do yall make these threads, all your premises are backward, you lost half your money, you are being humiliated with huge daily losses and all you can do is post pedo pictures and blame jews for your naivete

>>19016993
Haha. But I'd say we need to stay away from retail heavy stocks. Expected NAT to be mostly retail but not Eurn.

>>19017152
So why are you here exactly? You're running a good 30%+ of these threads posts for the last 3 days. You're SUPER invested in posting here, moreso even than the data anons who actually post useful info. Dementia? Autism? Bet the last $200 on puts and worried he fucked up bad? You constantly claim tankers are "going to zero" yet even with the worst market drop since 1929, they're only climbing. Your story keeps changing a little with every thread. I don't think even you know why you're here anymore.

>>19017266
I lost about 10% of my money so far.

>>19017218
You have lost 50% of your investment you certainly don't do it for free, you pay. Lmao

>>19017244
>that pic

Top kek anon

>>19017283
I like eurn because of the real phat divvy. Might add to my dht position more, high divvy but not as much. The lesser share of retail might be healthier though.

>>19017266
U were calling tanker bulls Jews just last thread, get the fuck out already

>>19017220
Look another loser who doesn't understand dividends oh look he lost money haha no surprise
>>19016224

>>19017266
>jews
Also
>being interested in women that aren't old hags in their 40a
>pedophilia
ok retard

>>19017319
The drawback with dht is they are purely vlcc, so more a one trick pony. An anon was posting that lr's are seeing rate increases.

>>19017218
What a cuck lmao, could just swapped to buy tankers and now instead he just wants his puts to pull through, praying for them.

>>19017244
Checked and keked, perfect image choice.

>>19017319
That's my. Everything but retail has a plan and thusly steady hands. You might see a more bumpy ride for NAT as retail gets in and out on every pump and dump. Mostly they will be getting out driving their numbers down though. If they don't though, institutions might get out as they see no use in such a volatile stock that can dump when retail gets out once and for all when the economy still is shit.

>>19017244
Yes, and that's a good drawing of millennial baghodlers who fell for the tanker meme

>>19017218
He'd make more money on Amazon mTurk than shitposting here. Like i've seen random shills come through and shit up threads with totally insane stuff, but this guy *needs* this.
>>19017175
>starting to think you're onto something

>>19016650

Final posts

Okay let's look at our current SP500 pattern again... Pulled from wsb: Potential head and shoulders forming?

But are there any catalysts for a market downturn? Personally I think as America is starting to open up again liberals have switched the narrative from flattening the curve to preventing ALL deaths. They've set themselves up to win big against Trump by pointing to the massive amounts of people who're about to get Covid again from reopening to die, but to set up this narrative they've planted the mentality that peak deaths have ended, and peak infections have ended. A lot of people are going to be shocked by the infections in the coming months to the delight of the Democratic party (WHO CONTROL THE MEDIA). This could be our catalyst, along with...

1/2

>>19017363
>>19017382
stop feeding him attention & filter

>>19017376
Small / micro-caps are always volatile, institutions could easily run the price up and get retail to FOMO in. This is just a game of patience desu.

>>19017382
Precisely, giving serious vibes this is his only way out.

It's been a pretty wild day for INSW so far, curious more than anything to see where I land.

>>19017290
Millennials think the tankerturds are rising

Remember when Brandon said he's a multimillionaire? Imagine LARPing as a multimillionaire while you argue with oceanic anime footfags.

>>19017361
DHT is save because they have a large part of their fleet on lease for 100k a day. This is above the current rate (well depending on the day) and might cost them income in the future when rates rise, it does make it a lot safer and near future proof. The rate they get is still superior to normal conditions by about 3x. And the other part of the fleet can run on the spot market where they need to earn more than 2.500 a day to break even. Which is obviously absurdly low even in normal times.

I am also considering taking it as a long term hold because I really started to like the company and it is fuck around money anyway. Might even add to it. So the low divvy is not a problem if it means they expand their business or pay their debt. Which they are doing right now.

>>19017319
You should learn how dividends work so you dont lose all your money

>>19017439
The problem will solve itself in less than 10 days, lol.
>>19017443
Yeah, getting clapped a little bit but fully expect these things to do whatever until oil forces the market to re balance. Like another anon said, these play like shitcoins- one morning you wake up and it's moved 2-10x.

>>19017382
Theres nothing wrong with an old geezer trying to help fatherless millennials learn how to make money, yall are dull but I have patience

>The Medallion fund is considered to be one of the most successful hedge funds ever. It has averaged a 71.8% annual return, before fees, from 1994 through mid-2014.

>>19017458
Yes everyone laughing at the millennials getting fleeced on tankerturds is the same person

I just diversified my position, instead of being 100% dht, I bought some FRO calls because they were just looking too cheap today

>>19017584
yeah i was researching those last week it's incredibly encouraging
brandon thinks those guys throw money around at random shit for fun though, so... who knows!

>>19017079
>>19017363
Based and tankerpilled

>>19017584
Nothing like losing 50% on your investments to show the world how smart you are

>>19017477
Fair enough. I invested in them and think it's a good pick, I just how fleet diversity will impact this industry during these months.

>>19017584
fuck yes please

>>19017534
They don't think it be like it do.

>>19017584
Which site did you use for this friend - I use Fintel but it's a bit stunted, would be nice to see these top 10s.

>>19017432
>head and shoulders
ew
>But are there any catalysts for a market downturn?
Increased stress on credit market and fears of solvency are the only thing that really matters desu.
>Personally I think as America is starting to open up
covid was merely the shock that fucked every over leveraged thin margin piece of shit corp. the rest is moot. To me, at least, tankers only seem relevant because the shock to crude demand was enough to have long term repercussions that can make tankers (almost magically) viable in the medium term with decent probability.

>>19017609
You've been wrong on everything so far why would a smart boomer listen to a loser?

>>19017609
source on smell

>>19017376
I couldn't find any info on insider holdings for euronav so retail might actually be a lot less.

I'm thinking this will follow normal market dynamics, currently we're in the retail shake out:
>institutional selling
>paid fud exposure (terrorists attack tankers etc.)
>paid anti-shills
>peak despair, "industry is sunk"
>retail hands collapse
next phase
>institutional buy-in
>retail FOMO
>everyone you know is talking about tankers
>tankerchad posts on Facebook
>all time highs
>institutional mega-dump

Why did tanker stocks go up towards the end of 2019 before corona struck?

>>19017677
No one needs tankers for storage that's why tankerturds crashed 50%

>>19017676
You haven't figured out a use for your life better than trolling a board on 4chan. Yep you're a real genius, a true winner. May God pity your soul.

>>19017432
>>19016650
>>19016478
>>19016375
>>19016246
>>19016078
>>19015936
>>19015741

2/2

[a catalyst for market rollover includes spike in infections and deaths, along with] ... Bankruptcy, and insolvency, which are on on the rise. We're just beginning to see the first string of them happening:
>JC Penney : https://www.ketv.com/article/jcpenney-could-file-for-bankruptcy-next-week-reports-suggest/32424755#
>True Religion: https://globalnews.ca/news/6813041/coronavirus-true-religion-jeans-bankruptcy/
>J Crew: https://www.cnn.com/2020/05/04/business/j-crew-bankruptcy/index.html
>Neiman Marcus: https://www.nytimes.com/2020/05/07/business/neiman-marcus-bankruptcy.html
>Stage Stores (Goody's, Palais Royal, Bealls, Peebles, and Gordmans): http://corporate.stage.com/press-releases

Remember that bankruptcy is a lagging indicator and happens months down the road from the trigger. Check out this google trends.

Here's an overall summary:

May June July August are HIGH DANGER months during economic downturns. Anyone holding stocks during this point in time needs to understand their own timeframe and strategy, and if you're holding out for divvies you're likely going to see big pullbacks. If you're holding out only for oil to fill up storage, predicting a pump, be ready to sell when you're up big and get out. There is no room for greed, be extremely careful. Be extremely vigilant.

However, I could be wrong completely, so watch for the SP500 to break out of this recent pattern, which would really mean "stocks only go up." If SP500 breaks through 300, then holy shit. That'd still be extremely bullish for tankers too; the on the ground oil situation, if you're inclined to believe it, is still fucked, and we'd be sailing with the wave the SP500 is riding.

My strategy: Sell in late may with oil storage news hitting. Buy back in in November when there's blood on the streets for the potential 2021 supercycle.

Be careful /tankerbros/ a storm's coming. Thanks for reading.

>>19017439
I am only mentioning him in passing now, I am not replying directly anymore. Lost my interest. Except to laugh at him.

>>19017584
Oh....oh baby, yes. The three that I own now, yes, oh what a wonderful sight to see! Imagine NOT having the biggest investment funds in the world backing you. I can't imagine investing in anything that isn't majoritively owned and being heavily invested in right now by major institutions in this market.

>>19017620
Thank you my foot friend, you know the best way to spend time waiting for market reversal.

>>19017702
I cannot wait until the next phase and all of a sudden we are geniuses.

>>19017740
Why do you shill for stocks that only go down? Lime what's in it for you to brag that you lost everything so you can be a victim

Destroys the only reason to own tankers https://seekingalpha.com/news/3569275-crude-products-tanker-rates-tumble-on-all-major-routes

>>19017775
Yall who are beyond help should not respond that way I can focus my wisdom more effectively

Sorry Brandon. Your puts will lose you money
HODLGANG LETS GO

>>19017750
>so watch for the SP500 to break out of this recent pattern, which would really mean "stocks only go up." If SP500 breaks through 300, then holy shit.
It's bubble dynamics, it'll do whatever it wants tbqh.

>My strategy: Sell in late may with oil storage news hitting. Buy back in in November when there's blood on the streets for the potential 2021 supercycle.
I would just hold for the dividend, I don't see the prices fluctuating so much lower to make the exposure now significantly different to the exposure in November. I'm feeling that either the whole play is crushed in the next two quarters or it takes the fuck off and doesn't stop. I have no evidence, it's just my gut feeling.

>>19017750
When you use words like bankruptcy, millennials brains shut off, just post pedo anime and tell that what to buy

>>19017827
"Wisdom" from an old fag with no family friends to spend his time with. Yep, this guy really 'made it.' Absolute champion

>>19017876
also, thanks for sharing!

>>19016505
Imagine looking at the 3 month, 1 year, and 5 year charts for that stock and thinking its ANYTHING but a pump n dump. You are the only person to blame for your losses

Lol I'm taking losses on holdings I had in April. My holdings from March are barely above water. FROM MARCH kek. March traded way below the bottom on the "bust" in the industry in 2018.

Weirdly enough, the price falling this low gives me the most confidence I have ever had that I made the right move. I work in Long Beach and can literally look out my window and see these tankers chilling off of the coast. Can't shake me from what my own eyes can see.

Waiting for the 19th, gonna have quite the sensible chuckle. Supply still outstrips demand. US Shale is apparently going to go in Texans' swimming pools because Texas gonna Texas. You can do all the fancy handwaving you want about the future, but I believe in what people DO, not what they SAY, and Texans have shown us exactly where they believe this shit is actually headed: we're desperately looking for more storage.

WTI goes in random caves and fucking OPEN PITS lol (I still can't quite believe that's where we are). Brent goes in tankers. There are no other options anymore. Everybody in the tanker industry is holding off on retrofits/scrubbers. Everybody in the tanker industry is holding off on scrapping. Everybody in the tanker industry beat earnings projections.

This all points to tankers doing well into the future. You hold your older vessels to play contango, pay down debts, then scrap them later avoid dealing with new environmental regulations, rightsizing to the new shipping market. How this translates into stock price is anyone's guess, but there's no way in hell we stick at March prices long term, unless somebody figured out how to teleport oil overseas.

Probably won't save those 5/15 calls though if anyone bought them. They dead son, you're getting bogged, big money doesn't wanna cover that shit. SHTF the week of the 18th, everybody knows it.

>>19017887
How much have you lost on tankerturds? 40%? 50%? More?

>>19017046
>not only doubling down but also going all in on a dying market

>>19017244
LMAO

>>19017921
my calls are 6/19 but i think we'll see action this week as people try to get ahead of the curve
this will be the 3rd month in a row oil's gotten smacked

>>19017916
STNG went from $27 to $18 that's only a 33% loss. Everyone here would love to only lose 33% on three weeks

>>19017976
change your IP? phone a friend?
I never said either.

At this point I'm buying more DHT and FRO out of pure spite

>>19017953
So much deflection from your shitty life, sad! Pathetic.

https://oilprice.com/Latest-Energy-News/World-News/Oil-Tanker-Rates-Plunge-More-Than-50-As-OPEC-Cuts-Start.html

Tanklets think lower rates means higher rates

>>19017750
These are 2nd and 3rd order effects which keep me up at night. Bankruptcies, Foreclosures, Permanent job loss, civil unrest, extended depression. Real-Estate prices drop, but simultaneously rise due to out of control inflation in a few years.
Thanks to FED pumping we'll see SP500 go to the moon (300 is low imo), but who the hell knows where this really ends. We're inflating debt to infinity, in such a way that we'll either blow up the world economy in the process or end up with some sort of financial system reset.
> What if stonks only go up because of hidden currency devaluation, while asset values have stayed much the same? Mix in stimulus, and what do you have? a ticking bomb
The geopolitical results of all this is spoopy as hell, and outside of any of our control.

>>19018024
>pure
The good news is you will only lose about 90%

>>19018017
bro, do you HEAR yourself?
>only a 33% loss
>they would kill for that
In this once in a lifetime market, you should be UP 33%, not down anything. I'm glad my financially illiterate roommate was unable to convince me to purchase tanker stocks

>>19018019
Enjoy losing money. You sure showed me

>>19017877
you fomod into Barrick and Newmont, the NATs of the gold world. You don't get to talk to me poorfag.

>>19018063
Again that article from May 1.

You have anything from this week or last even?

>>19018073
>Thanks to FED pumping
It's a credit bubble. it has very little to do with the FED senpai. Additionally, money is fleeing other countries and seeking refuge in USD and US markets. The fed is desperately fighting a deflationary spiral.

>>19018133
>0.01 shekels deposited into your account
You too!

Whoops. Looks like I'm buying $1000 in tanker stocks today.

>>19018133
TELL ME, OH BRIGHT ONE.
WHAT IS THE MOVE? TO SELL?

>>19018153
but I just made 0.01 shekels? I'm making money

>>19018113
Dude no one here wants to be up on our investment if we did we would have bought an index fund like le boomers and be drinking martinis now. The new hotness in investment is losing everything so we can brag about street cred at the magic the gathering convention

>>19018179
The right move was to never play the tanker game

>>19018175
Post your losses so far

>>19018201
Then you are doing very well

>>19017452
You didn't answer his question you fucking nigger

>>19018255
0 in losses. You need to sell to lose, faggot.

I was a tanker FOMO bro, then the losses compiled and sold just a day before FRO went from $9.07 to $7.90. (Lucky/Unlucky)

I would suggest to Tanker Bro's to only hold if you bought a big tanker company like Scorpion. Sell anything else.

>there's now two /tsg/ shitposters
>TWO
holy shit guys. I just want to watch real time game theory and market dynamics.

>>19018153
By borrowing credit tho. All of this eventually gets monetized, often as more credit. They're pumping money to flight deflation due to dollar demand sure, but it'll be history that tells us if it's making the problem worse or not. I fully understand what their doing *is* probably the right thing, but what it means long term is anyone guess. Eventually we'll see dollar outflows and I'd love know what the plan is to limit inflation at that point.

>>19018300
Shut the fuck trying to act big brained while you're all down 20 percent retard

>>19018300
It's the same guy on two accounts. He did it before on the first thread.

brandon gets more agitated when oil dumps

>>19018310
Right on, and I have no idea what the long term plan would be.

>>19018316
>THREE
>THERE'S THREE
>THREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
>TTTHHHHHHHREEEEEEEEEEEEEEEEEEEEE

>>19018343
ah.

>>19018343
>accounts
Jesus fucking Christ lmao, what a surprise you idiots are all newfags

>>19018287
NEVER SELLING

>>19018300
No there are 35 tankerturd baghodler shills and two investors

>>19018073
Same anon, I'm losing sleep thinking about this stuff. I've heard melt-up arguments from some experts, personally I don't believe it, I see the psychology of the market failing soon due to aforementioned reasons. We'll just have to see.

>>19017876
Personally disagree, I see a receding tide lowering all ships. Either way, whatever the lows are for Tanker stocks, they're closer to it relative to the rest of the S&P. They won't fall as hard, and they'll rise way harder. Reminds me exactly of my precious metals miners in a way: defensively positioned from bear markets, have had their own bear cycles, trimmed their fat for years, made FAT gains in the past quarters, ready for bull cycle. The only question is whether you play the market downturn if you believe one is coming.

>>19017903
You're very welcome!

>>19018409
Lmao

>>19017980
Yeah I'm just hoping this weird hopium rebound causes a massive backlash. The news between April and May have been:
>Supply: omg oil producers agree to record production cuts!
Meanwhile nobody has seen compliance numbers from countries that lie constantly. Even with 100% compliance, they still don't outstrip estimated demand deficit.
>Demand: omg the countries are reopening
Biggest oil consumers are China, India, and the US.
The US certainly is not opening. Everything revolves around schools. If the kids aren't back in school, we aren't open. School lockdowns in Cali just got extended to June, have family in education. Sorry flyovers, you don't matter re oil demand, if metropolitan governors aren't listening, we're not opening.
China certainly is not open. Chink lies are what got us in this mess in the first place. All you have to do is lurk /k/ for a few days to understand this. WHO was absolutely foolhardy to rely on their numbers in their February coronavirus report
Pooland certainly is not open. Modi just spoke about a phased release of lockdown IF he doesn't see poor numbers. That won't save an oil glut over the next few months.

Meanwhile Trump twitter pumps oil right before the fall. I don't know how many times people will fall for the exact same pattern before they get wise and we start seeing prices settle at proper levels.

I haven't even had 50 posts in this thread wtf


Hey yall stng is down 8% today but I am going to make it back in divvies by hodling for a year at which point it should be about $2 a share that's about 85 % loss is that a goo plan?

>Hey yall stng is down 8% today but I am going to make it back in divvies by hodling for a year at which point it should be about $2 a share that's about 85 % loss is that a goo plan?

literally the smartest thing he's said all day, and it's fucking stupid

https://www.hellenicshippingnews.com/will-tanker-stocks-crash-as-fast-as-they-soared/

The answer is , yes they did crash just as fast but if we look the other way we can pretend we weren't fooled by conpeople

FLEET COUNTS
I'll keep building the list but this is what I have so far.
>DHT
Total: 27
Vlcc: 27
>Eurn
Total: 75
Vlcc: 46
Suezmax: 25
Fso: 2
Vplus: 2
>fro
Total: 69
Lr2: 20
Vlcc: 21
Suezmax: 28
>nna
Total: 46
Lr1: 10
Mr2: 10
Mr1: 3
Vlcc: 13
Chemical tanker: 2
>stng
Total: 138
Lr1: 12
Lr2: 42
Mr: 63
Handymax: 21
>tk (includes tnk, tgp, too)
Total: 130
Mr2: 9
Vlcc: 1
Suezmax: 26
Aframax: 17
Lng: 47
Lpg: 30
>tnp
Total: 58
Mr2: 6
Vlcc: 2
Fso: 3
Handymax: 9
Shuttle tanker: 3
Aframax: 19
Aframax lr: 3
Panamax: 11
Lng: 2

Bloomberg's #1 Shipping analyst and year 2019's rank #31 of 6000+ Bloomberg analysts recommends HOLDs for our Tanks

https://twitter.com/JHannisdahl/status/1259615025095999494

>>19018643
HOLDS are SELLS everyone knows that (except yall. Dont @ me

>>19017775
Everything's down but hilariously DHT isn't as down as most things

>>19016995
The flesh is weak. Iron prevails!

>>19018643
that explains the sell pressure on STNG although LR2 rates remain sky high. Doubled down today

>(except yall. Dont @ me

when brandon finally makes a grand statement about how he is triumphantly giving up on "helping" us and goes radio silent, we'll know shit's about to go down

>>19018558
There's political ammo (as well as actual science) in limiting how fast the USA reopens, and something that will be taken advantage of (especially if trump and/or pence get the nurgles plague). Opening retail and restaurants at 50% capacity and for limited hours isn't a recovery in any sense. Flights are at something like 20% of normal, and not going to recover any time soon.
>>19018940
Watch tankers 10x in June. It's the most clown thing that could happen, so it probably will.

>>19018940
no that niggers not going to stop he's just gonna brag later about how effective his FUD was and how he fooled everyone.

crab and drop below 23.75 initiated?

>>19018940
I'm waiting for yall to sell and this general shut down. See point 11. I expect that will be in 5 to 6 weeks. Tankerturds will be down another 40 % before yall crapitulate

>>19016224

>>19019213
What part of
>COLD
>DEAD
>HANDS
don't you get, brandon?

>>19019122
scratch that. we straight dropping now

>>19019343
>replying directly to brandon
ngmi

>>19017921
>Waiting for the 19th
So is everyone selling on the 19th then? Is that the game plan?

>>19019415
no
19th is blast off

>>19019415
I'm probably sitting in here until Q2-Q4. whatever it takes.

>>19019415
19th is when it starts

>>19019415
I think the earliest people here even plan on seeking is June. Late May is when this stuff kicks off.

Just wanted to stop by and say fuck every single one of you.

>>19019373

6. Brandon told them much of this and they didn't listen and already lost money; now mad at all Brandons
>>19016224


Dont be mad at Brandons because you bought the toptick

>>19017921
>How this translates into stock price is anyone's guess

You need buyers and sellers for the stock price to move. You are obviously convinced of the fundamentals, as are most institutional investors. Right now the average institutional holdings of all tankerstocks is right at 50%. You will see the stock price move down during the retail shakeout (assisted by media FUD), then back up during the hype phase. At that point it will be too late to get in, and the right time to sell.

>>19019513
Thanks friends. Are you interested in learning more about tanker stocks? We'd be glad to help you out! 8-)

>>19019441
>>19019444
>>19019471
>>19019492
Gotcha that's my theory as well when oil drops again and reaches capacity in June. I've been lurking these threads and keeping an eye on tanker prices. They seem to keep dropping right now so I'm holding off a bit longer to buy in.

>>19016993
Also fucking kek
Based Lawrence
He's totally our guy.

>>19019599

>convinced of the fundamentals, as are most institutional investors

Lmao yall are high on your own farts


AET Tankers sale of VLCC turns to doubt as Fredly drops deal
The Bunga Kasturi Tiga sale hits the buffers as VLCC market takes turn for the worse
https://www.tradewindsnews.com/tankers/aet-tankers-sale-of-vlcc-turns-to-doubt-as-fredly-drops-deal/2-1-806068

>>19019624
No he got his shares free so he has a nice profit yall have nothing but losses

>>19018727
Well! That is your luck affecting the markets, helping me a bit so I don't mind. Today's loss is acceptable even if it sticks to this, I don't see it as a big deal.

>>19018640
Huh. FRO and DHT is a lot smaller than expected. And EURN much bigger.

Why can't dog cock posters use apostrophes like normal humans?

I would like to thank myself for all the research into tanker stocks that I have provided for free as you can see the research indicates that tanker stocks are overvalued by 40% by using discounted cash flow regression analysis .

>>19019686
>48 posts by this ID
Jesus

>>19018153
>It's a credit bubble. it has very little to do with the FED senpai.
Where the fuck do you think the cheap credit came from

>>19019948
It was in reference to the "brr"/"fed pumping." I'm getting lazy. The pump comes from the confidence in credit availability

>>19019941
don't reply to brandon directly. it only encourages him

So did anyone else go into SCO like I did?
I bought some SCO like 10 minutes after market open, it opened at 36.25, rose about .50, dropped back down to 36.25, then it's just been going up since.
It was a good thing I did because it evened out my tanker losses and now the tankers are slowly crawling back up so it's pure profit.

>>19019687
It actually slipped some, and the others I own picked up.

All in all my portfolio is doing worse than DHT, but that's mostly because of some options I hold (which are still up by a huge amount since I bought them. Just holding for a while).

>>19020011
i went with UCO calls on friday at the peak

>>19020065
UCO *puts

>>19020052
Algos just traded everything down today, it sucks. Except tech. I don't play options really so I wish you the best on those anon. Meanwhile I am just holding tight and watching my tankers slowly pick back up. After seeing how fantastic EURN is it sort of bothers me I don't have enough fund to buy more than the 250 I got without going balls deep in margin, but maybe I can get lucky in somewhere, small plays around getting lucky and raising funds, who knows.

https://oilprice.com/Energy/Crude-Oil/A-Once-In-A-Lifetime-Warnings-For-Oil-Investors.html

>>19020096
At what price? How low do you expect it to go?

starting to get bitter about my tanker positions, lads

we're so far negative that even negative oil would not bring us back up to even

>>19020391
heh. i put $185 into $10 puts. i like to see big numbers so i find opportunities to be as aggressive as possible
i have no idea how low it will go but i know it had a low of 11 on 4/21 and it's been in the 11s a couple times since
there was a split on 4/20 and i'm not big brained enough to do the calculations
if SHTF next week, i could do pretty well

>>19020438
strong hands, brother. google "oil storage" if you'd like some encouragement

>>19020438
Did you buy during the pump a couple of weeks ago? You're a retard if you did so. I'm also retarded for not selling, since I expected for tankers to hold steady through earnings and divvies, then walk away for a 30% profit.

https://www.natlawreview.com/article/contango-me-covid-19-and-us-crude-oil-market

>Assuming the buildup will continue at the latest rate of roughly 15 million barrels per week,[xiv] the United States would hit 100 percent storage capacity sometime in August 2020, with some parts of the country reaching full capacity much earlier. In Cushing, assuming a buildup of 5 million barrels a week, 100 percent capacity would be reached by mid-May 2020. Operational constraints, however, suggest storage could become effectively full well before capacity reaches 100 percent; some must remain available for receiving new deliveries, tank-to-tank transfers, blending, and other routine operations.

>There may be some extra storage cushion available to the market through offshore storage in floating tankers and if the U.S. government increases its strategic petroleum reserves. The IEA estimates that the global amount of oil being stored on vessels at sea rose 27 percent to 103.1 million barrels in March 2020, adding that there may be “a significant increase in floating storage in the coming few months as oil surpluses mount.”[xvi] Furthermore, the U.S. government’s strategic petroleum reserve, which held 635 million barrels as of March 27, 2020, has enough capacity to hold another 78.5 million barrels.[xvii] Finally, global production cuts may help ease some pressure on storage capacity. Saudi Arabia and Russia reportedly ended their dispute on April 12, 2020, as part of a production deal in which both countries and the United States will lead a coalition of 23 oil-producing countries to cut output by 9.7 million barrels a day.[xvii Further cuts may follow.

>there may be “a significant increase in floating storage in the coming few months as oil surpluses mount.

posted TODAY

>>19020565
Any instead you lost 50%. Brandon tried to war. You but all you did was temper tantrum . Just dont sellnthat way the brokerages wont get your moneys

I'm happy that I already decided I was long holding this shit because otherwise these constant lows would make me kill myself

>>19020706
COLD DEAD HANDS GANG

We can’t lose boys! Never sell!

>>19020565
I held through earnings too like a greedy bitch thinking they would cause a fomo wave. I haven't lost anything, but I haven't made anything since April, which is just depressing and unproductive. Next spike I'll zoom out then wait for the inevitable downtrend as we do this nonsense all over again before July futures roll over.

>>19020239
Tbh it's just speculating with less steps. If I'm going to wildly speculate on shit, might as well buy calls and know my max potential downside

>>19020883
Fair enough, I just been soured by options. Ran a few, all didn't go too well, so glad I only used very small speculations on them and not anything big.

>>19020706
>>19020883
>>19021326
Yep keep jerking off to cartoon pedo instead of doing your due diligence. Losing 5 or 10% on penny stocks everdyday is worth it

https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

Remember folks dumb money sold and isnt going to hold your bags

reminder not to reply directly to brandon

news actually posted TODAY: https://www.natlawreview.com/article/contango-me-covid-19-and-us-crude-oil-market

>>19021447

>>19021519
That's a shill site for pump pumps and dumps stick to real news


https://www.freightwaves.com/news/tanker-veteran-warns-on-rates-the-storm-is-coming

>>19021578
Looks like it just gave birth that's a grotesque stomach looks almost as bad as this tankerturd

>>19019687
Bloomberg rank #31 analyst and #1 Shipping Analyst is posting on WSB.

> Tankers, Major Key Alert, Don't Play Yourselves: Earnings plays never work when everyone is betting on it. Received hundreds of inquiries the past weeks about which stocks would respond best to earnings, also lots of hedge funds shorting deliberately trying to snap the names on earnings.
Oil rally certainly didn't help. Q1-20 was beautiful and Q2-20 guidance was even better. Bulls make money. Bears make money. Pigs get slaughtered.
Investors make money. Traders make money. Gamblers go broke.
I believe the best tanker names will do well over time (hint: not $NAT, it's a weak company trading at super-primo valuations). Oh and I'm a gambling pig myself sometimes, I owned some $STNG $25c on a play, so I'm not perfect. In the words of the great DJ Khalid: "Major Key Alert! .... Don't Play Yourself!"
https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

(kek literally Brandon's favorite link)

[on dates he's watching]
15 May options expiry, 18 May final WTI trade to roll, watching 19 May+.

[on Tanker equity prices]
> just way too many people jammed into calls, smart money was selling the hell out of calls (and puts- but mostly calls to match ratio).
>Owning stocks or calls into an earnings play is fucking dumb, but especially in shipping where the hands are weaker than anything I’ve ever seen.
>Hedge funds deliberately shorted into this knowing retail would panic and dump the second the stocks went red.

I can't believe WSB TankerTwitter, Wallstreet Shipping Experts, /biz/, and degenerate footfags (jk) are having a crossover event united by Tankers, battling it out against hedgies. This is one for the books boys. The Big Port, coming to a theatre near you.

>>19021798
fuk I left a black square in hold on.

Why didn't yall just buy stocks that go up? Like everything is going up except the trash you choose and some guy some nice boomer named Brandon even warned you.

Like wouldn't you rather be up 50% than down 50%?

Like wtf dudes and dudettes buy low sell high not buy high then cry

Just bought 10 NAT Calls.
The market is full retard so I'm going to go full retard.

>>19021519
>[Settings] (bottom of page)
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>>19021851
I wish I knew how to make those funny pictures that make you laugh when you lose all your moneys but since I dont I will stick with facts and logic and as ben Shapiro says facts dont care about your excuse as to why your margin got called

>>19021914
Literally running away and hiding from knowledge

Link to the WSB analyst thread?

>>19021914
I did that ages ago
>57 posts hidden
Jesus christ

>>19022027
See you newbs think you cant lose because it's almost zero, just wait for the 20 to 1 reverse split. Haha ask your dad what a reverse split is

>>19021578
>Shuten
I know Shuten anons very well and you all are very, very lewd.

Markets almost done for the day my research has removed $465,000,322 from the market caps of these meme loser stocks. Yall prepared for more pain tomorrow?

>>19022038

https://old.reddit.com/r/wallstreetbets/comments/ghb1yk/tankers_major_key_alert_dont_play_yourselves/

>>19021578
>>19022182
Shuten is based. Any girl with stirrup style legwear is an instant boner for me

>>19022215
Haha yall from reddit no wonder you are so bad at investing . Lmao FRO is only down 5% on the day or as yall would say WINNING

We'll keep away from the rocky shores, lads. We'll make it. Praise Poseidon.

>>19022276
>>19022182
No clue what you're talking about

>>19022276
Truth. I love stirrups, wish they were more common. Shuten though gets me going just from seeing in general, just too lewd.

>>19022348
You know EXTREMELY well what you are talking about. We are onto you, but too distracted to do anything about it.

>>19022340
You should try to make money instead of losing all your money

I lost money today but it wasn't just in tankers and ultimately it wasn't as much money as it could have been. This week is going to be a weird one but it's only four more days before we know how this tanker bet is going to go.

>>19020565
i started DCA'ing in late March. Even then, I'm still down on all positions, except OSG.

it's just a "wtf" moment when all of your companies have stellar earnings and the stocks tank 10%... its like I couldve just put it all in Facebook and I'd be up 15% from a month ago

its the opportunity cost of investing in tankers versus other options thats getting to me. i love my tankers but they're not being profitable

>>19022461
Stirrups nicely accent the feet/legs without taking away anything from the soles

It's just a win win

>>19022735
I know, in fact it sort of stylizes the soles too. It makes for some very lewd ideas as well such as cleaning underneath them, but in general they are like the perfect "addition" that has no downsides.

>>19017609
we need sauce

>>19022530
You can't predict what's going to happen? LMAO dude it goes down everyday. Tomorrow today's low price will look good. Dripgush dripgush kisses mounting losses growing accumulation of more losses

>>19022883
>>19022735
>>19022461
Foot/Grand Order

>>19022883
>cleaning underneath them
That never crossed my mind until you brought it up just now, pretty sure I have a new kink now. That's some instant boner material anon, you gotta be careful with stuff like that

>>19023126
>good divvies
>great results
>contracts forever
>STOCKS GO DOWN
I don't even care
we're holding L O N G now

>>19023081
Best kind of Fate.

>>19023089
Never? I am surprised! I always think about it whenever I see them, especially if they are stretchy then it can snap and compress on your tongue as your do it, trapping it until you finish your duty. And here I thought you were a bigger pervert than me.

Is Brandon finally gone anons?

>>19023923
He's off for the day. I guess his shift ends at 4:15 pm ET. That last post was for some good goy points.

>>19023274
Don't forget the friends and c9mfy times along the way.

>>19024004
All he does is make me more convinced and optimistic to hold.

>>19024046
Good it's fun watching you lose day after day

>>19023126
kek

>>19023274

Just got an email from my boss, might be going back to work next week. Can't datapost all day anymore /tankerbros/ but what I CAN do now is go LONG on my tankies. Pigs get slaughtered my friends.

If you're long, hold till late 2020 or late 2021 when Charter and spot rates are down; then all the old Tankers are getting scrapped and we're going to have supply side shock in the Tanker market. Also these companies have been getting battered for a long time, having their own secular bear market for years, and now and have trimmed all fat. All bear markets are caused by bull markets. All bull markets are caused by bear markets. There's no other industry except miners who're in as good of a spot as this. And what do you know, miners are leading the SP500 in 2020, and likely will into late 2021. Our time is coming.

>we bought in while others were fearful
>we bought stocks when there was blood on the streets

http://classicvalueinvestors.com/2020/05/09/why-are-you-so-fearful/
http://classicvalueinvestors.com/2020/05/10/most-important-chart-for-tankers/

>podcast with bloomberg's #1 Tanker Analysis. TLDR: Retail beat out Institution, (just like miners), He's bullish AF
https://seekingalpha.com/article/4343722-talking-tanker-trade-podcast

>sgIRXWIZ
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