/biz/ - Business & Finance

FIRST FOR FUCK DONALD TRUMP THAT MOTHER FUCKER NEEDS TO DIE OF COCK ROT

>>19037885
What did he tweet this time?

>>19037896
kek

Writing calls and puts are your friends

>>19037896
that fucking piece of shit LIED and said that SA cut production levels and that shit isn't happening until next month
i'm no democrat but i hate this man so fucking much
every fucking time we're getting close to a tipping point this fucker gets out there and outright manipulates the market

>>19037921
He can't print out storage when cold reality kicks in. He's just doping up the market with hopium to help oil companies survive.

Reasons tanker stocks are crashing to bankruptcy and how to profit

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
11.5 this will happen in 5 to 6 weeks and this general will disappear that's your sign
12. Then down to zero on bankruptcy by June 2021

None of this is refutable

Brandon filter: YWYLJi7A

1. Do not reply to Brandon.

>>19037971
I guess our only downside risk to this supply issue here is a (really) hot war?

>>19037921
The saudis did cut production dont blame us boomers for you panic buying of stocks every time cramer (another boomer ) farts

Haha NAT down 3% STNG down 2% must be braydens fault

>>19038052
It took him less than 10minutes to enter the thread. I swear he probably keeps a data log open just to watch for them. According to one of the previous threads he pushing 60 as well.

>>19038040
Dude do you have a life? Within 10 minutes of the thread being up you're already spamming this shit. It's pretty pathetic, and no I don't have any positions in tankers yet so fuck off

>>19037971
No one needs storage anymore that's why rates crashed. In fact storage is being unwound and guess what? That's right less demand for tankers.

>EURN is told to just give up and de-list because the stock market refuses to give ti a fair shake

Wtf is this clown world we live in where everyone even banks KNOW tankers are the biggest winners possible, but the market is so obstinate that it is now advisible by Deutsche Bank to de-list due to mass ignorance? Wtf is going on?

>>19038102
this is maybe the only times I've wanted 4chan to act a bit more like reddit. There was once a /pol/ malaysian and one other time I can't remember. Their posts were just so incredibly bad... It's ok, this guy triggers people to refute his nonsense, which forges our hands. My hands are adamanatium thanks to brandon.

>>19038102
he claims a lot of shit and never posts proof of anything other than the fact that it's his job to be here
filter/ignore

https://splash247.com/hess-charters-vlcc-trio-to-store-6m-barrels-of-shale-oil/

Hess charting VLCC to pump oil directly into them until July

Why is it going down this time?

>>19038136
Tankers won't survive the return to normal and having a big fleet is bad

>>19038040
TSG THREAD REMINDERS
1) IGNORE ALL BRANDON POSTS. HE'S A BLACKROCK INTERN WHO DOES IT FOR FREE
2) COLD DEAD HANDS, SCALLYWAGS

>>19037921
Just means the rebound will be sweeter.

>>19037852
Cute - remember to add past earnings results back in, it fucked with the links when it made the last thread.

>>19038052
This.

>>19038128
And here yall are spamming pedo spamming brandonposting spamming everything not related to stocks. Let's talk about tankers instead of each other capiche?

As things with the virus normalize and demand for oil continues to rise I see no benefit in these companies many which are in debt and burdened by old fleets.

This seems like a foolish investment.

how do i filter someone? never done it before

>>19038147
what reason could there possibly be

8lprgzT+ added to brandon filter
2OTXKrHZ added to brandon filter

>>19038136
Why is everything tankers crashing if everyone knows it's a cash cow? That seems naive. Like why is crashing daily rates bulish?


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

>>19038171
Lol what pedo shit are you talking about you fucking schizo? take your meds and get a hobby... or a cat or something to take your mind off being obsessed with tankers. Seriously I'm trying to look after your health, you seem very unstable.

>>19038193
Settings - Filters - Edit Pattern - Add ID/Select ID - Tick off hide - Save. Makes things 100000% more comfy.

>>19038193
settings > filters and post hiding > filter and highlight edit > add > enter ID > type = ID > check hide

>DHT to a month over month low
>pre corona virus levels are mid 5's
This ship is sinking, so I'm not sure what the point of these threads are.

Fuck you guys

>>19038244
it's being manipulated in a way that gets more blatant by the day
oil producers are literally pumping directly into tankers and paying fucking gigantic rates

>>19038147
The smart money knows this
>>19038040
It only took me one day to figure all this out and I'm only a BlackRock intern. My girl friends call me BlackRock brandon she dresses up like a tanker and then I sink her. You know like a simile metaphor for how tanker stocks are tanking (ie going down losing you money etc etc)

>>19038188
>>19038244

Reasonable concerns but I think you may be missing the point. Oil demand rising in the short term is a meme which will become apparent next week with oil futures. It will become further apparent when continental Euro countries shut down again (who are not prepared to allow deaths to the same extent as the US).

Plus, look at the Russian economy getting fucked by the virus as well - they can't afford to turn the taps off, even at current prices. It will take a while yet before there's equilibrium between demand/supply in oil.

>>19038308

Dumb money is manipulating the stock by selling at a 25% loss now we gave the dumberer money selling and manipulating tankers lower then tomorrow even dumbererererer money will sell. Remember capitulation in 6 weeks then we can make 30 % in three days then sell
https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

>>19038145
>Pumping oil now directly to tankers
>stock goes down

>>19038147
No reason whatsoever. In fact there are now recommendations it seems to de-list because "it is more profitable." That's how stupid our market is, nobody ever delists for such a reason. EURN hasn't done anything, but the fact investment banks are telling them outright they are being treated unfairly is telling.

Also tired of Brandon posting same debunked old articles.

>>19038220
Thank you.

>>19038308
But at what point does it become unprofitable to do that?

Haha they are all down again today

>>19038244
Isn't DHT getting over 100k a day per ship (I believe 66%of their 27 vlccs) to just hold the oil? They are making amazing revenue.
>>19038425
>you are doing too well
>de-list
Modern stock economics.

>>19038364
Russia is best able to weather this storm their break even is half of the usa or SA

>>19038435
What a surprise, it's like a repeat each thread. They're even blaming Drumpf again. They'll never admit they're retards who made a terrible pick

>>19038456
More like 100,000 lira or yen

>>19038425
>In fact there are now recommendations it seems to de-list because "it is more profitable."
are the banks just trying to make it so retail can't get in on their cash cow? Neat.

>>19037921
hahahahaha
I can't believe Trump is fucking us so hard

>>19037852
Worst part is I was actually buying before i saw these /threads on /biz/. Dumbest thing I did was not to sell as SOON as the /threads popped up. Oh well, nothing really lost. One hasn't hit its stop loss, still following my plan like a retard

>>19038425
probably never
even at $200k/day
VLCC holds what like 2m barrels of oil?
2m barrels of oil even at a depressed rate of $25/bbl is $50m worth of oil
if they hold it for a few months (or even the rest of the year) and oil rebounds to $40/bbl the value of the oil goes up by $30m and costs ~$1m/month to store

the lower the price of oil currently, the more sense it makes to just hold it in VLCCs for as long as it takes for prices to rebound

TK, TNP, EURN - which one of these should I buy? I already own $5k worth of EURN and my broker have yet only access to TK and TNP from all tankers (eurofag here). TK seems to not only deal with oil so it might be a good idea to diversify a bit? $10k buy waiting for your advice guys.

Thank you and fuck this faggot brandon

>>19038484
>XKw/VuMx
added to brandon filter

>>19038456
This modern stock market is bullshit, just look at the price of oil as we are about to bleed over supply cap. They are all a bunch of crooks.

>>19038502
Nope, the recommendation is to turn private which means Goldman wouldn't be able to profit neither. it benefits no one.

>>19038522
I meant unprofitable for investment firms. Tankers are doing godlike, but selling them off like this is just the biggest stupidity ever if you don't buy it right back up. It's like saying "no, don't give me free money, fuck good businesses I only want AMC and Delta as they go bankrupt."

>>19038569
>I meant unprofitable for investment firms.
this is why i think they bought puts to double-dip and why they are manipulating it so fucking hard right now as well as sending shills
they NEED that shit to drop further than it is

>>19038521
It reminds me of shitcoin threads back in the day, when people would shill shit like ark and act as if its unfathomable that they were losing money

>>19037921
Trump's an Oil Bro. Betting on Tankers at this point is betting against America.

>>19038522
>tanker stocks are going down because they make so much guaranteed huge profits forever

>>19038244
The only thing I find weird is that why people/instituitions/funds are dumping tanker stocks down to pre corona pre oil crisis times when
a) fundamentals for most tankers look amazing, great divvy, great cash flow, amazing nav, lowered debt.
b) they have even better fundamentals to come in Q2 and 3 due to fixed contracts made with insanely high rates
c) this oil glut isn't gonna magically resolve itself in a month's time, demand is still low cos of corona, gonna stay low till a vaccine is made or when we are sure there's no 2nd wave. Supply cuts don't matter unless you can drop supply below demand significantly. And after that, you still gotta finish using all these excess oil.
If you look at this whole situation as whole, it looks ridiculous, the bull case is much stronger than the bear case and yet. I keep trying to find out what I'm missing but nothing, the "long term" argument doesn't cut it because by that logic airlines/ cruise lines and resorts like disney would be back to normal levels, the oil price rally doesn't even correlate to the drop, on somedays they match, others they inverse.
The copypasta has wrong points and points that don't even correlate. What am I missing?

>>19038545
Buy them all you can lose faster that way and earn your board cred

>>19038607
he needs to shut his damn account down and get his fingers out of the market
he's making it WORSE by encouraging people to put money into oil when that shit is going through the floor and there is absolutely no way he doesn't know that

>>19038545
Dht is good for the vlcc buy
Tk is good for a diverse buy
STNG is dominant because of their massive fleet and lr2 rates.
SFL is also a good iverse pick although they deal a lot in bulkers and containers as well
I don't know tnp's earning projection so I'm invested in them but I don't know if it's the best pick

>>19038545
Also a Eurofag. I'm in EURN (Eurostock), TNP and INSW - I personally would go for TNP; it's trading very cheap right now, has a good balance sheet, and has recent large institutional buy-ins. I would strongly recommend you do a bit of research yourself though.

>>19038597
Its a race against time. They know oil is going to be fucked. That's why they're pushing even harder and sending their interns here.

>>19038569
You should buy more, average down and never sell and keep posting pedo pictures that's totally helping your credibility

:::::FLEET COUNTS:::::
I'll keep building the list but this is what I have so far. Different ships have different rates to track.
>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

My hands are warming up, I'm weak. And yes, I bought near the top.

>>19038607
Buying tankers at the beginning of the great depression when no one wants to fly or can afford to fly or even drive is peak stupidity

just look at this shit

at first we had just brandon all by himself posting for a few hours a day
then they upped his hours and he started spending ALL DAY here
now there are definitely at least 2 and maybe more
all saying the same nonsensical bullshit

J-Just gotta keep holding, right!?

Remember: Never trust shills that use dog/cat/anime pics in their posts, especially if they use terms like doggo. Usually means there's a mental deficiency

>>19038689
HOLD N
HOOOOOOOOOOOOOOOOOOOOOOOLDDDDDDDDDDDDDDDDDDDDDD

>>19038699
if you bought at all it should have been with the understanding that we are waiting for may 18th-19th

>>19038689
Just wait for q2/q3. You'll get good divvies in the mean time.
>>19038699
Cold dead hands, my friend.

>>19038723
Yeah I'm just jostling, I think I'll buy some more now that it's in a dip.

>>19038689
lol just read the past thread. if that's not enough, the... Saturday or... maybe it was Thursday/Friday thread should sell you fucking hard. The pain might get really nasty until Q3. we'll have to see.

>>19038698
It isn't your mythical strawman. It's literally your own people that you fleeced with your terrible ideas
>>19038699
>>19038689

>>19038597
I kind of understand if it is because they bought puts and wrote calls so are trying to fuck everyone over for May 15th, but why would they in the first place? Were they that fucking retarded and actually bought into the "reopening solves everything!" meme and bet their fortune on it? Just how deep were their puts to need them to go back to pre-crisis levels?

>>19038630
Nothing. Literally nothing. You haven't missed anything. Which is why people here are obstinate about not selling, because this is the biggest piece of bullshit you can give us.

>>19038723
We have this understanding, but we didn't actually expect a dump ALL the way to there.

>>19038630
Why are so many tankers declaring bankruptcy if they are doing so well


>Evan is also a director of Hin Leong and its subsidiary Ocean Tankers, the group’s shipping arm which claims to own a fleet of more than a hundred oil tankers, but also filed for bankruptcy protection from creditors under Section 211B of Singapore’s Companies Act. Both companies are solely owned by the Lim family, according to company filings

https://www.forbes.com/sites/pamelaambler/2020/04/20/coronavirus-casualty-singapore-oil-giant-files-for-bankruptcy-amid-price-war-and-covid-19/#c9feb9113ad0

>>19038599
KEK, but that's not true, cause I obviously have a 140 IQ...i would never buy shitcions
I had tight stop losses. I didn't have enough faith in the market to buy the dips as I should have. I knew it was a total gamble, hence why I had a basic plan.
I was my first stock to 'buy'. So of course I decided to gamble on shitcoins, that's what newfags do!

My other purchase is gold royalty stocks. I'm looking to get a better understanding, reading pmi reports & such.

I normally like Trump but his big oil tweeting is making me seethe

>>19038723
This.
>>19038689
At that margin you should consider averaging down, you can do it quite cheaply seeing how high you appear to have bought.

>>19038760
>how deep were their puts to need them to go back to pre-crisis levels?
I wouldn't doubt anything you see. COF may have gotten fucked on derivatives last month.
https://www.marketwatch.com/story/exclusive-capital-one-to-withdraw-controversial-regulator-request-2020-04-04

>>19038742
>stock gies down $6 while you are waiting for a 10 cent dividend

Haha yall who dont understand dividends are my favorite baghodlers
>>19038040

>>19038760
they may have figured that everyone ignores tankers
this is the THIRD month oil will tank when contracts roll over. they likely did not see us coming at all

>>19038871
I assume people itt are holding thousands of shares to make the dividends worth it right?

>>19038916
you are correct for many of us
others just doing everything they can
tankers WILL moon

>>19038948
>tankers WILL moon
Didn’t they already moon?

>>19038916
One of these clowns only buys 2 shares at a time I cant imagine filling out my taxes buying and selling $10 worth of stock

>>19038960
nope
Q1 earnings broke records, but Q2 is already crushing Q1 and this is going to continue through the rest of the year
the divvy that's coming up is a quarterly and that shit is only going to go up through the rest of the year

>>19038948
https://www.tradewindsnews.com/finance/dumb-money-loved-tanker-stocks-until-it-didnt-and-that-fuelled-this-weeks-shares-massacre/2-1-805269

>>19038960
Long oil contracts if you think tankers are a shit play. We’re in this until at least the 19, and no one is getting our bags.

>>19038970
???

Why are they buying this at all? Might as well put it in an index tracker instead of gambling tiny amounts on a shaky at best industry.

Holy shit everytime I look they are down more this is the house of pain for hodlers. Yall laughed when I predicted 10% down for the week and we are already there!

https://www.examiner-enterprise.com/business/20200512/corporation-commission-adopts-oil-storage-measure

OK blocking people from setting up cheap land-based oil storage

>>19038987
i’m talking about share prices already having mooned, not contango earnings

The only chance I can see you Tank'ies profiting huge is if another lockdown happens...and since this past one cost us somewhere around 9 Trillion+ dollars...unlikely...

We will have the last laugh, r-right tanker bros?

>>19039043
PJ/gjpAQ added to brandon filter

nice try

Facts:

> Oil is not going to tank, that's a crowded trade. Futures are going to close at... wait for it... $20
> Tankers WILL decline for the rest of the year, STNG might be worth $5 if you're lucky
> You're all retarded

>>19039016
Oil and tankers are both shit investments haven't you been paying attention lack of demand for oil and tankers for next 5 years

>>19039068
qKrwXhfY added to brandon filter
holy shit how many are they going to send

>>19038715
>>19038742
>>19038802
Fuck it, the rest of my portfolio is doing well. I'll put more cash in and double down on the cheap if it really drops. But I'll set stop losses this time. And I gotta learn how to hold of I'm gonna speculate on shit.

>>19038699
Dude we are not alone. If you feel like you have other opportunities and can take the loss, take it. But I'm reminded that this was money I could lose.

>>19038052
Thank you

At this point this guy ranting for 10 hours every thread has given me diamond hands

>>19039039
No they are allowing storage but not in the floodplain

>oil is bad investment
Lmao

>>19039061
>added to brandon filter
w-what?

I’m just trying to understand the play here and why these are being hyped so much. Asking the wrong questions gets me filtered?

>>19039098
Yeah, I'm just investing my student loan money here because it's essentially free in Finland.
Bought some more DHT because those dividends still seem pretty good.

current brandon list
1. YWYLJi7A
2. 2OTXKrHZ
3. 8lprgzT+
4. spKdgkqw
5. XKw/VuMx
6. PJ/gjpAQ
7. qKrwXhfY

as soon as we started announcing how to filter, new IDs started to pop up
hmmmmmmmmmmmmmmmmm

OOOOOOOOOOO

>>19039130
Fantastic you are part of my 12 point plan. Point 11. Buy more but dont sell yet>>19038040

>>19038098
I could lose all of my money on tankers (3%> of my portfolio) and I’d still be happy knowing I have enough things going on my life where I don’t spend 10 every day sperging on a tanker thread.

It seems like May 19th is the breaking point for tankers due to futures rollover.

Here's why I don't really know if this will make a difference:

1. We haven't been trading in correlation with WTI at all.

2. It feels like we've been pump and dump'd by some big guys, even if oil went negative again what's to say they're going to come back?

3. May 15th is more important in my opinion, as I believe there has to be insider trading with product tankers like $STNG. Their profit margins are just fucking crazy and we're still trading lower than in the beginning of 2020.

4. Everybody knows the positive future tankers hold for the upcoming quarters, but if they already knew that and sold, why would they buy back in?


I'm in the same boat as you guys but I've got to face the music at some point.

>my hands hurt

>>19039158
You should learn about dividends, point 5 , before you lose more money
>>19038040

>>19039217
A sailor's hands must sometimes get worn during the voyage, but only to handle the ropes to reach their destination, my friend. Stay the course.

>>19039217
They won't be back because they are betting on retail to jump back in.

>>19039217
So will you be selling by the 19th when its obvious your strategy was wrong or will you hold out one more month like I suspect

>>19038764
There may be some correlation with hin leong's collapse causing a dip but most of the tankers have good balance sheets, are transparent about earnings, paid of a bunch of debt, good cash flow, a farcry from bankruptcy, even bearish shipping analyst agree that these prices are too low.
But cherry picking ocean tankers isn't fair because hin leong as a whole lost money and hid it from it's investors. They lost money from oil futures not tankers. Even if ocean tankers generated $1billion this month in earnings, it still would have went down. I suggest you read your article again and perhaps cite more sources, don't let your hatred blind you from what makes sense. I too will continue looking for sources that might suggest a reason to sell/short tankers, but for now most articles are bullish

>>19039217
All good points which is why i’m wary of buying into these things. A few weeks ago at the height of the panic it was a great idea, now? I’m unconvinced especially with how some people here are so unwilling to have a discussion on the pros and cons that they start filtering people. Not something I want to be stuck holding forever.

>>19039060
The day is always darkest right before the dawn brother

>>19039217
the reason the 19th matters is algos are set to switch back and forth between tankers and oil
WHEN oil goes through the floor, tankers will go up and retail will get in once someone like cramer mentions it again
only this time they'll be seeing the dividends for the first time because this shit has been absolutely buried until this week

>>19038652
>>19038657
Thanks guys. As I said no access to STNG unfortunately. I think I will allocate $5k to TNP and another 5k to EURN.

Fingers crossed for all of us..

>>19038144
youre thinking of Mike

>>19039279
it's the same tired points every damn thread. check the older threads, there's consistent rebuttals. seriously. This guy is delusional.

>>19039273
please don't reply to brandon

What's this chart pattern called

>>19039282
>night*

>>19039317
major upside.

>>19039299
that's brandon on another ID

>>19039317
negative stock price imminent

>>19039279
How is
>every tanker is going bankrupt guys!
>here's a single link about a company that's oil and not tankers
an argument? Are you brandon's intern or what?

>>19039285
>here’s how bernie can still win the 2020 elections
there are no mystical algorithms that are going to show up and drop cash in your lap

>>19039317
Let it run

anti-shills officially in overdrive today

>>19039339
oops rip me

>>19039350
>4CMnqY0i
added to brandon filter

>>19039317
The "smooth sailing"

>>19039299
This is the first thread i’ve been in since it was being spammed in /smg/ If you don’t want to discuss it again then just ignore the questions and discussion. Do you want a tightly regulated reddit circlejerk?

Brandon is up to four IPs / devices now? His wife's boyfriend isn't going to be happy

>>19039431
8

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

Yall should get google to filter out these stories from industry experts er I mean Brandon

I guarantee everything will pump after May 15th because that's when everyone's calls expire. These guys are such assholes man. I'm assuming we're all retail investors here (besides Brandon who works for goldman) and they really just can't allow someone like us to make maybe a couple thousand in profit. These guys really are stereotypical jews. Whatever, atleast I still have calls that expire in June-August. Good luck manipulating that lol.

>>19039457
>>19039431
Can you guys give me the QRD on brandon and who and what he is?

>>19039452
Yall aren't investing you are in a PTSD recovery group from the trauma of your 60% losses

>>19039307
I do want to find out what I may be missing, rather than sitting in a circlejerk. It will make me a better trader/investor. If he is really spamming nonsense then perhaps I would filter him, but there are things like the bankruptcy of hin leong that could have potentially have an impact on the prices. It is important to hear both sides of the argument whether it is painful or not because according to the chart and prices, the bears are correct as of now.

>>19039452
>26 posts by this ID

>>19039404
>he wants to be spoonfed when the damn threads spoonfeed you this shit - i don't even play oil normally
>I tell him he can be spoonfed by checking the archive
>he complains
There's tons of gold, go.

>inb4 he's actually a shill and whines

What's the current theory for FRO delaying earning reports? I want to get moar because of the fat divvy but I don't want to buy in just to see it cut.

>>19039469
honestly i think he's from BlackRock who just got sold by PNC this morning. likely for failing on this exact front
which means their only hope is for puts to print
so here we are. anti-shill overdrive

>>19039279
Long time tanker chad here, the filtering is deserved. It's just noise at this point, if you did your research you'd understand the huge merits of tankers right now.

Brandon and his interns are just yelling at the top of their lungs "stocks were bad, now still bad!" and "you don't understand dividends"

We do understand dividends and we know the fundamentals. All of his arguments were debunked by oil anon (check top of thread)

>>19039489
gives more time for whales to load up

>>19039480
he is claiming that dividends automatically lower stock price and that stock prices go up when dividends are removed or lowered

what are you hoping to learn from him

>>19039468
Brandon is a guy that warned these baghodlers they were going to be fleeced now that the sheep were fleeced they blame Brandon. If you come to this thread and haven't lost at least 30% on tankturds you are a Brandon

>aren't
When did the faggot learn to use apostrophe?

>>19039378
Dude now your just being obtuse. You can't just block everyone who says something you don't like. Brandon is a justifiable block, though.

>>19038848
Well that's fucked up. But still, how can everyone do such retarded ignorant plays? It's almost as if they aren't smart and are only there due to connections and (((family))).

>>19038894
How could they not, kek. Again, it sounds like they are just stupid but have enough money to throw around to correct their mistakes.

>>19039170
Please keep going up. I will hold through all pain, but I rather hold while being happy.

>>19039217
Doesn't the WTI have to go to it's real value on the day of rollover by default? I thought it had to do so, like how we saw the final day end at like 4 dollars (after the negative 47).

>>19039527
Is Brandon a real person that got doxxed or is it a name they attached to people who question buying the stock?

>>19039468
Blackrock intern who has been on these threads for like 12 hours each day tallying up about 100 posts per thread. He says the same shit over and over and posts the same articles even if they support our view or have been debunked. Just ignore the guy.
>>19039480
You have understand that he's posted each of these links like 10 times. So we have already argued against his points over and over. It isn't about a reasonable argument at this point.
>>19039573
There is one shill who we just call brandon who has been posting in each thread 100 times with the same exact responses every time. The rest are just caught in the fodder, although the anti shilling could be ramping up.

>>19039480
Links in the OP retard, dont expect to be spoonfed when you're so late to the party

>>19039511
Doubt it, I doubt it's legal to push back earnings for that purpose. I would think the only reason they're pushing back if they're profitable (and why the fuck wouldn't they be?) is if they were waiting for even better numbers to come in, but I see no news suggesting this (nor, of course, the converse).

ANON WORKED AS A NEET UNLIKE HIS FATHER AND HIS GRAN

A' WORKING IN A BASEMENT JACKING TO BOAT STOCKS AND 2D GIRLS FROM JAPAN

ONE DAY ANON WAS HARD, THE JEW APPEARED RIGHT FROM HELL

HE HELD A ROLL OF GLOOM AND A BUCKET FULL OF SELL

THE JEW SAID UNTO ANON, "TAKE THESE SELLS AND GOYISH GLOOM"

BUT YOU ALSO TAKE THESE LOSSES AND I WILL TAKE THE BOOM

ANON DESPISED THE JEW, AND THE JEW SQUEALED AND HISSED

AND THE ANON KNEW TO WELL THE TANKERS WERE TO GOOD TO RESIST

>>19039518
See point 4. That was my first red flag that tankers were going down these retards think a $1 stock can issue a $1 dividend and it wont affect the share price
>>19038040

>>19039562
The "real value" is the value of the contract. If the contract is -47 the real value is -47.

>>19037852
Contango seems dead to me, especially with the signals Trump is sending. Is there some inside info on another big movement in tankers soon besides the contracts ending?

>>19039518
hey even flat earthers give insight to why they are dumb and further my curiosity to find out why they think that, they may not be right but there are other ways they provide information. Moreover, most of us already know the bullish case for tankers, doesn't really hurt to see a bear case, no matter how dumb it is. More info is always good

>>19039639
Q2 for all tankers is already crushing Q1
the longer they wait, the higher their ridiculously high numbers will be and if they delay until after oil goes negative to announce their astronomical numbers...

>>19039622
Just read these dead links says the guy who bot thtoptick on Cramer's reccomend

>>19039645
Lots of institutional money, every report saying storage's completely full by end of may, HESS saying they're pumping oil straight into tankers, iraq refusing to cut, etc. etc., but nothing direct, of course.

>>19039645
the fact that fucking storage is so full that Hess contracted VLCCs to pump oil directly into until the end of July

>>19039675
Does the projection of storage filling up take into account that the reopening is accelerating? As demand increases won’t the demand for storage decrease because the supply chain will be moving?

this is how much oil is currently being stored in VLCCs

>the shilling is getting better
jesus christ. I fucking hate this shit. leave muh boards alllllooooooooone

GUSH is sharting. I think this is it. Our time is soon. Hope nobody got shaken off.

My current portfolio is a mix of highly profitable stock and highly shitty stocks.

But one thing is for sure.
It isn't the first time I am right. And this time I will not sell on a loss so that someone buys my stocks and makes money off them!

I have had some obscure bets and they were right, but I have lost money due to weak hands!

"The stock market is a tool to transfer money from the inpatient to the patient."

My plan is to hold till 19th of May!
And I will HOLD!

>>19039711
Yes.
This shit is legitimately full for at least the rest of the year even with the (slow) return of demand.
Rigs are still pumping.

See that little blip up a month ago, that's when cramer told the current baghodlers to lose their money

>>19039711
It's not accelerating based on any metric, and demand is lower than initially projected while cuts are not as high as initially projected. Moreover, even if everything were to restart right now, it would still be fantastic for tankers as they'd be in massive demand for shipping the oil. Just as much as they're paid to keep the oil for storage.

>>19039746
Can you do us a favor and hodl until June 19th

>>19039727
Holy shit

>>19039727
Oh no doubt tankers are making a killing on oil storage but since it seems the market is forward looking at the moment, I’m not sure how much more stock prices can increase. Since that’s already pretty well known stuff.

I’m completely out of gas, but I refuse to get more until after oil rollover next week.

>>19039752
Sounds like you realize old demand isn't coming back, that's why daily rates and stock prices crashed

>>19039789
dividends are going to MULTIPLY

>>19038993
nice paywall faggot. this shit is useless.

>>19039789
I mean even if the price goes back, they would have still paid off loads of debt and will pay massive dividends. Honestly these tankers would have to drop another 20% for make it not a worthwhile asset.

>betting against America

Tankertards get what they fucking deserve.

>>19039789
This is the biggest myth of the tankie baghodler followed by the dividend myth. Yall should study basic finance or keep losing

>>19039632
Beautiful chronicle. I relate.

>>19039639
I meant in the sense of "does it meet the actual price?" But I suppose you have a point too. But do people REALLY want to be holding contracts where they lose hundreds of thousands if not millions for? No way they will go bankrupt for "optimism."

>>19039727
"bearish." Meanwhile Disney cutting dividend and operating at 30% capacity is "bullish."

>>19039608
I am well aware of the brandon copypasta, after all I did lurk tsg since its unfortunate inception. I know that most of his points fall short but I hope to see more discussion as to why despite the bullish case, despite the flawed bear argument and despite even analysts being bulls, why the price action is on a downtrend. I want to find a reason to this madness, because I can hardly believe institutions are dumb enough not to grab a juicy piece of the tanker pie. If you think about it without brandon, there would not be so much useful information given by so many different anons like oilanon, nor will we be so united in bagholding or dcaing tankers. So we kinda got him to thank despite his best efforts to anti shill

>>19039814
> can afford to lose thousands on penny stocks cant afford to read

>>19038425
>But at what point does it become unprofitable to do that?
You underestimate the level of shitshow the market has been since Bush and Obama underwrote one of the biggest scams in economic history.
No joke, I'm legit happy for the WuFlu because we were reaching a level of overheated market that was going to blow the fuck up by June 2022 latest. This entire bandoogle has bought us at least another decade of quasi-working economics, and by that time the physics discoveries of the last 20 years should start to manifest tangible results in engineering.
Ever since the discovery of electricity physics have been the driving factor behind economical progress.

We needed a breather in order for theory to become practise and Corona's given us a chance to do just that.

>>19039818
we're looking at reality we're not betting on or against anyone or anything
the reality is that storage has been filling up and that this month is the worst it's been
the reality is that there have been huge waves every month when contracts rollover
the reality is that may 19th is coming

>>19039821
>>19039805
Redpill me on dividends, some people are saying you’ll only get pennies and others are saying it’ll make a lot of money even if the share price doesn’t recover.

>>19039562
>Doesn't the WTI have to go to it's real value on the day of rollover by default?
No. It goes to the value of the next future which is July.

What kind of retard would buy tankers now? The world oil crash is coming late may early June, THAT will be the time to buy.

>>19039845
There us no bullish case, saying rates are skyrocketing when the experts say they crashed wont make the stock go up because the retards here dont have any money

>>19039876
read for yourself

https://ml-eu.globenewswire.com/Resource/Download/d98a1a31-08cf-4334-a5d1-47843763f1fe

and understand the 2020-Q2 is going to DESTROY 2020-Q1

>>19039818

>>19039876
Dividends are declared in advance, along with the ex-dividend date (if you own the stock before ex-div, you get paid, period). They can't just cut the dividend at random, they must announce it. EURN declared 1.1 per share (double payment, regular is 0.81 as I recall for the quarter but they're paying end of year dividends as well). DHT declared 0.35 per share. Those are guaranteed to happen. Additionally, they may pay 'surprise' dividend at any time based on earnings.

>>19039902
>1 post by this ID
hi brandon

>>19038165
Based. Ty anon

>>19039926
So if I buy 500 EURN shares i’m going to make $500 off dividends?

>>19039902
Tankers are going to fill before oil crashes completely. You should be buying tankers before said crash. How long before is not clear, depends how institutions are planning. Since they're buying in now, I'd say it's a good time to buy now. Just dca into it and write calls for now. When oil goes to nothing is probably actually a good time to SELL tankers and move into oil, or otherwise not long after that happens.

>>19039957
>When oil goes to nothing is probably actually a good time to SELL tankers and move into oil, or otherwise not long after that happens.
Exactly.

>>19039876
They are trying a dividend capture strategy which dont work.

They seem to think companies can give away all their money without affecting the stock price

>>19039957
I’m not convinced. But I wish you mad gains, to sail into the future, shiny and green. Good luck.

>>19039947
Here's the full breakdown:
https://seekingalpha.com/news/3571242-euronav-declares-0_81-dividend
So actually the 2019 payment is close, but not quite the same date as the q1 payment.
Yes, your basic idea is correct. If you buy before the ex-div date, you will be paid the amount per share described above.

>>19039947
A little bit more then that but yes.

>>19039947
Yes and the stock price will go down $500 on the day you get the dividend and probably go down another $2000 before you get the dividend

>>19039845
We had plenty of good info with him, he's made these generals far less comfy while at the same time providing no useless information. We were gathering information just fine without him.
>>19039902
You want in on tankers before an oil crash, that's when they do well.
>>19039947
Yes you get $1.1 per share.

>>19039645
I've wondered about this, but simultaneously you have trump tweeting that oil is fine, while news articles pop up daily about how storage is full. He did this with corona as well- remember how covid-19 wasn't a problem until it suddenly was?
The markets right now are ignoring issues until they literally cannot anymore, and then people wonder "how did this happen?"
>>19039947
You're starting to get it. If you had 1000 shares, and dividend is $0.85, you'd get $850 of income off your stock. Dividend stocks are some folks entire income. EURN's divvy is particular insane though, $1.1/share?
> hold 10,000 shares, get 11000 dollars
what the fuck is wrong with these markets.

>>19039981
Thanks bro.
Personally, I see a guaranteed upside no matter what happens:
- Either phat divs for minimum 2 quarters, up to 4 quarters very certain
- Or huge appreciation near oil collapse
- Or back to 2019 levels after the crisis ends which is a big appreciation, plus the divs on top of that
I mean, they're reporting record-breaking earnings. Come the fuck on, how is it possible that they stay so low? I don't know how much lower it will go until then, but unless there's a second leg down, I'm extremely certain about this play. Hope it pans out.
Good luck on your own tradings and investings my friend.

>>19039876
>dividends
They pay you an amount per share you own at the opening of Ex-Dividend Date.
So naturally, some people immediately sell the stock at the opening on the session on ex-dividend date.
Genrally, the stock drops by the amount of dividend distributes so if the dividend was 1$ per share, the stock price falls 1$ per share.
But this isn't a rule. It's the market balancing itself.
So sometimes the stock doesn't drop at all, I've see cases of the stock even going up by the end of the day, for example Fastenall (FAST).
Some times the stock drops EVEN more than the dividend, for example Sanofi ADR (SNY)

So it's not worth it to buy the stock the day before ex-date and sell on the ex-date.
But for long holds, you can leave the stock alone and it will pay you the dividends.
Tanker stock given the industry, are supposed to do just that. They aren't continuous growth stocks.

And that is another argument for tanker stocks now. They came down too soon. They go up when that years dividends are good, and go down when they are bad. But this year dividend are great, and the stock isn't up.

>>19040022
>>19039998
>>19039990
So I’ll get the dividend in cash but the share price will plummet the same amount per share they pay out? So it’s impossible to buy in for the dividend and sell for a profit?

>>19039974
>They seem to think companies can give away all their money without affecting the stock price
They have more money then ever now and the stock didn't go up.
Where is your logic that it will go down because of dividends but won't go up because of earnings?

>>19040058
Thank you. Best post I’ve seen on this.

>>19040069
It is possible, it's called dividend capture. It's due to >>19040058
namely that the price action can go either way in addition to the price in of the dividend. In dividend capture, you would choose stocks that historically recover very quickly after ex-div, hence allowing swing-like trades every day to collect fat divvies.

>>19040069
ignore brandon he's a fucking retard who thinks stock prices automatically go down when dividends are paid out

>>19040022
>Yes and the stock price will go down $500 on the day you get the dividend
So what's stopping me from shorting the 500$ drop?
Basically getting the dividend without having to buy the stock?

>>19040134
you owe the broker the dividends

>>19040134
>So what's stopping me
the fact that he's full of shit

>>19040150
Actually, however the person that lent you the shares is the one that gets the dividend.
But you get the profit of the post dividend drop, if it happens!

Just tweeted calvin if he was going to record the phone call to the CEO of STNG. Looks like Bugbee's got some explaining to do....

Probably gonna post it on his twitter around 3:00 EST or something if he gets approved to record.

>>19038630
>why people/instituitions/funds are dumping tanker stocks down
It's called a shake out. It's done by institutions to shit on retail cucks. Very typical market dynamics. Coincides with increased news coverage of terrorism aimed at oil tankers, etc. They want to make it cheap and oversold. The fundamentals don't matter at this point. Stock price depends on buyers and sellers.

>>19040069
Its basically impossible to profit because everyone knows the same information. If you could profit even a tiny amount some nerd would write a program to do it better.

>>19040212
Could you remind me what the deal was with this again? I remember seeing that guy's face in another thread

>>19040026
All this information you shared and you dont understand dividends or that stocks are valued on future earnings not past earnings and you have lost bigly before I got here this weekend and after. Down ten percent since Sunday when I predicted a 10% loss this week congrats on your echochamber

>>19040290
https://twitter.com/calvinfroedge/status/1260014806045650944

>>19040029
>lose $3 a share to get back a quarter per share.

Winning!

>>19039404

Sorry anon we've literally been spammed by anti shills with increasing frequency towards options expiry. I'm talking over 1/3 of threads are FUD and misleading evidence, and when we refute the evidence the shills ignore it and keep spamming. My computer is out of commission until later today, if you're still here I can post some stuff. Until the follow J Mintzmyer on Twitter, he's the top Bloomberg shipping analyst and #31/6000 ranked overall analyst from last year on Bloomberg.

>>19039404
A discussion is good. The 100 brandon posts per thread has just gotten to us. What questions do you have?

>>19039468

We've caught him trying to hide behind multiple IDs too cause some anon conned him into screen shotting his Yous. He posts about 12 hours a day at a rate of 1 post / 5 minutes in every single tsg. It's all FUD and he won't address out arguments when we push against him. I've never seen anything like this. Bloomberg guy says hedges are shorting our positions, so we're guessing they're sending anti shills at us too. Otherwise I've just never seen anything so insane on the net.

>>19040410
Maybe you shouldn't post 100 times accusing everyone of being some guy who is figment of your shizobrain maybe that would make it more comfy. I am With this general until it shuts down in 6 weeks

>>19038692
>at the beginning of the great depression
imagine being this retarded

>>19040460
I nicely post my investment thesis/ manifesto in every thread and update it too. Maybe you should add value or learn about dividends or balance sheets or just lurk and you wont lose so much moneys

>>19038040

>>19040485
Remind us how much you lost braggart, 40%? 50%? 60%

>>19039404
See:
>>19040375 >>19040410
Do ask away and people here will try to help. Sustained asinine spamming from one individual across several IDs has made people a bit grumpy, with good reason. I'm just waiting for him to hit some stupid number again so I can report.

>>19039790
Kek

>>19040573
he might have actually went digging for the old OilAnon posts. He a good boy.

People bought FRO at $11 a month ago to get a 40 cent dividend . FRO has declined to $7.50. You lost 3.50 a share and you are still waiting on that 40 cents

That is why they hate brendan

Picking up pennies in front of a steamroller

>>19040675
Cringe

>>19040647
gmi.

>>19040675
EVERYBODY BUY GOLD RIGHT NOWWWWWWWWWWW AHHHHHHHHHHHHH 110000% RETURN IN 69+ YEARS

>still brandonposting

Comfy divvies and good returns will come to you, but only if you reply "HOLD ON SEA CAT" in this thread

>>19040675
jokes on you i bought FRO at 9$ and am only down 1.50 per share

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

Turns out the answer is yes they will

>>19040832
Braindumb posting more articles without reading them

>>19039818
Ahahaha what a fag

>>19040791
HOLD ON SEA CAT

This is a reminder to anons that comfy is a state of mind - become at one with pic related for the next couple weeks.

>>19040868
if we're heavy enough in tankers, we might end up like your pic related for a few years.

>>19040791
>>19040791
HOLD ON SEA CAT

19% of posts on this thread are just one of Brandons unique IDs.
>>19040375
J seems to think the tankers sector is experiencing a sentiment problem, and not a fundamentals one. Thing is, sentiment often follows price action, so... ????. I guess solution is call the bogs.

>>19040791
HOLD ON SEA CAT

>>19040868
Nirvana.....soon. Once we go up, I will truly be able to relax without a care in the world. I wanna get fat off these divvies and our gains.

>>19040832
>>19040675

Lol go ahead and tank the market bro. Try to shake 'em out

I'm holding until zero anyway faggot

What are you gonna do? Tank them all the way to zero? Lol good fucking luck

You gona bankrupt all the oil tankers at once? Is that even mathematically possible?

You jealous we've figured out the market and are all poised to make money? Does that make you mad?

Seething that we're "betting against America"? lol faggot

Please, go ahead, drop the stock price more. I'll just buy more to average my cost basis down. Checkmate faggots

I'm waiting...??

Oh what's that? FRO just dropped another 5%? just bought more faggot

Oh, you're tanking DHT on the back of their stellar earnings report and increased dividends? just bought more faggot

TNK having another -10% day? who cares just bought more

Oh, EURNs giving up all of its 5% gains just from this morning? looks like i just bought 5% more then faggot

Seething at the Rystad report dooming oil storage so you're spamming the red button? keep spamming nigger i've still got cash

The only thing you possibly could have left to do is hack into my brokerage account and manually sell my shares yourself. good luck doing that, faggot

>>19040902
19% of the posts have good OC

>>19040791
HOLD ON SEA CAT

>>19040946
BASED
A
S
E
D

>>19040946
Based

>>19040791
HOLD ON SEA CAT

NOW HOIST YOUR SAILS
AND SAY YOUR FAREWELLS
TO YOUR WENCHES AND YOUR SELLS

FOR WE'RE OFF WITH THE WINDS
IN PURSUIT OF DIVIDENDS
WITH OUR FELLOW TANKER FRIENDS

STAY ON GUARD FOR YOUR BOOTY CREWS
AND BE WEARY OF THE JEWS
WHO YOUR PROFIT THEY WISH YOU TO LOSE

IN THE END WE WILL WIN
AND THROUGH YOUR SCURVY YOU'LL GRIN
IF YOU STAY THE COURSE, BOATSWAIN

>>19040946
BASED.

>>19040791
HOLD ON SEA CAT

These tankies are getting kind of boring only going down 2% or 7% per day, I need a fix of minus ten or minus 15%

>>19040946
>>19041001

Tankie tankie you so stanky
Stocks go down and board gets cranky
Daily rates they are crashin
Portfolios shattered
Bears be smashin
Lost your money lost your jorb
All you gots this sad little board

https://www.zerohedge.com/markets/boeing-ceo-predicts-us-airline-will-most-likely-go-bankrupt-year

Yeah oil demand ain't coming back

>>19041128
>"Bears be smashin"
>"All you gots this sad little board"

>>19038630
>What am I missing?
Imagine you are an institutional investor.
Imagine you see a good trade on a small cap stock.
Imagine your bros own much of the industry already.
Imagine you notice bunch of FUCKING RETAIL PLEBS sitting on a sizeable amount of shares bought in April because Cramer opened his stupid goddamned mouth again.
Imagine you need these faggots to sell so you can buy.
Imagine selling off like a mother fucker to drive the price down so you can write calls to dummies while acquiring more.
Imagine getting news outlets to shit on this sector.
Imagine doing all this right when these companies are announcing record earnings in order to kill any confidence confused normalfags might have.
Imagine laughing like a madman as you make stupid amounts of money from retailfags capitulating or getting liquidated.
Imagine being about to whip out the champagne because you fucked over the little guy once again...

BUT WAIT
>There is a small sector of retail autists that aren't selling!?!?!?
>You sent this stock diving nose first into satan's flaming asshole, how are they not selling?
This is you right now.

Experts agree with brandon 5 years until airlines rebound , and as tankies dont know airplanes are not powered by windmills

>Calhoun believes that air travel won't go back to "pre-pandemic normal" levels until the middle of the decade. Boeing has announced plans to lay off 16,000 workers and slow production, as a result. Regarding his comments, a Boeing spokesperson said he was “speaking to the general uncertainty in the sector, not about any one particular airline.”

>>19041128
Brandon Brandon is so salty,
FUDs so hard his mouth gets frothy,
90 posts in every thread,
Seething cause his puts are dead.

Brandon Brandon, are you upset
Because you lost your tendie bet,
That Goldman slaves you on their dole,
While mommy sleeps with L. Carroll?

Brandon Brandon, it's OK.
Some have read your posts today.
The tankerchads are here to stay.
But we'll buy no matter what you say.

>>19041358

>>19041358
Blessed be his name. Praise Sir Carroll

>>19040946
Based af

>>19041001
AYE AYE CAP'N! These jewish landlubbers have nothing on us.

>>19041227
Kek, this sounds about right. They cannot do anything to us anymore. We have and will survive whatever they throw at us, so just give up institutions.

INSTITUTIONAL BUY-INS TODAY:

TNP: JP Morgan, 200k shares
INSW: Citigroup, 45k shares, Thompson Siegel 250k shares
EURN: Thompson Siegel, 45k shares

oil is so fucked

https://www.reuters.com/article/us-global-oil-usa-storage/no-vacancy-main-us-oil-storage-in-cushing-is-all-booked-idUSKCN22332W

>>19041561
WE'RE ALL GONNA MAKE IT TANKERBROS

>>19039818
where did this meme come from? america is by far the biggest net oil importer. oversupply of oil is unironically bullish for the american economy

>>19038416
Making 30% after huge losses isn't gonna cut it

>Oil tankers are anticyclical!
>We're betting against oil!

Biggest miconception in this thread. If oil demand stays on significantly lower than pre-crisis levels for a long time, tankers are fucked. Yes, they earned some great money when supply and demand were in complete disarray leading to massive storage shortage. But soon enough (few months), the supply side will adapt and then oil tankers won't be needed for storage anymore and they will also earn less money from transportation because the demand is so low.

That possible outlook is priced in right now and the reason why tanker stocks are doing so mediocre right now. But yeah, keep believing that it's only because some hedge fund are desperate to shake out some redditor bagholders.

Y'all better hope for a V-shaped recovery of the world economy, including air travel. That really would be the best for tankers.

>>19041533
It's happening

Trump and everyone in the oil industry are lying and obfuscating to prop it up. Look up the technical definitions of things like 'floating storage', or the fact that certain storage facilities will be 90%+ full and not taking in any more oil, but they refuse to call it full. If you can't/won't take any more oil, it's fucking full. They wanna play their little jew games, fine. They got those of us with May calls. The oil roll next month is going to fuck them right in the ass gangnam style.

>>19041933
yeah you're right. they only have a few months of earning their entire year's earnings every single month
we're all fucked

>>19041421
Y'all don't even realize that I am Lawrence despite all the clues and me posting the original information

>>19041533
Source? also checked

>>19041933
we are totally screwed

https://www.hellenicshippingnews.com/floating-storage-is-far-from-dead-in-the-water/

>>19041933
This. We'll only see 10-50x ROI, we'll never get to 1000x. Very sad.

>>19041533
T-today? Hold me senpai. Weird no STNG or DHT or FRO though.

>>19041561
Bit of an old article....but we are at the date and no one revised it, in fact most have indeed revised initial estimates down to middle of May. How long can the scammers in oil futures keep the price up?

>>19041973
>FRO is almost all insiders
Kek, they really are pirates.

Tk and stng are in the green today and the others are rising back up.

>>19042130
crude going *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack* *clack*

>>19042147
I can't believe those crooks have run crude up 8% today. Just what are they thinking?

>>19042177
>Just what are they thinking?
that they're going to be the first to cash out

>>19042177
They want every last dime they can get.
Also, digits checked.

>>19042093
>Bit of an old article....but we are at the date and no one revised it, in fact most have indeed revised initial estimates down to middle of May. How long can the scammers in oil futures keep the price up?
Market is so detached from reality that people forget the CFDs they are buying represent REAL oil barrels!
And worst, Barrel is a measurement unit! The barrel isn't even included!

>>19042092
>This. We'll only see 10-50x ROI, we'll never get to 1000x. Very sad.

Many such cases.

>>19041973
gets me everytime it's posted

>>19042038
Fintel

>>19042093
Haven't checked those yet anon, will do so later on - here's the link in case I forget https://fintel.io/sob/us/tnp

>>19042000
>>19042050
not adressing the argument

>>19042092
delusion

noice

>>19042327
i'm agreeing with you. why would i argue?
as the articles i posted show, we are clearly fucked
do you believe those articles to be antithetical to your proposition?

>>19042092
Shit I'm out then. I only invest for 1,000x return. So long sea cat

>>19042421
So long Nippon Princess

>>19042327
>>19041933
>the supply side will adapt
game theory says otherwise. folding is the same as losing competitive edge in an environment that will be stuck with smaller margins for - potentially - years (without a hot war I'd guess this is the probable outcome). there is little motivation to cap wells as they are allegedly difficult to bring back to the same efficiency after being shut down.

>>19042327
I dispute that. An extended period of low demand works in favour of tankers, and you should be under no illusion that it will be an extended period (the oil pumps will never stop, and only the tip-top most insular americans not looking at the rest of the world thinks this is v- shape with demand springing back).

The current storage shortage means, as other anons have pointed out, that these companies are making their budgeted-for annual revenues in the space of months. They are exploiting the situation and making a killing.

Contrary to your argument, the supply side will not adapt. The pumps literally cannot stop without damaging the wells. The countries you are relying on (Russia, OPEC etc) don't trust each other to abide by shared reductions, just pay lipservice and continue pumping oil out for market share purposes.

>>19042327
Tankers are in the best position they've been in in over a decade. The supply side of tankers is set for zero growth, w/ an old fleet (avg. age around 10 years, VlCCs are scrapped at 20), and a small ordering book. With floating storage taking many ships out of the market w/ no replacements, spot rates will have trouble finding extreme lows again, especially if older ships are scrapped and not replaced. If demand for oil remains so low that tankers are no longer in use, we'll most likely have bigger problems on our hands. Through 2004ish-2008ish, shipping went through a super cycle. This put tankers in a very bad position for a decade as that super cycle ended. Now that they're finally free of that excess we should simply see them trade above their current prices simply because of that fact. There is no logical reason for tanker prices to be this low.

>>19042223
Kek. Shame, the barrel is the better part of the investment!

>>19042320
CHECK IT! CHECK IT NOW.

Thank you for that link, because if I am reading that correctly JP MOTHER FUCKING MORGAN BOUGHT 2 MILLION SHARES OF FRO TODAY.

>>19042561
Stock goes from $400 down to $7, things are great best ever woohoo we are poor yay

>>19042682
i just bought more EURN and FRO

>>19042614
FRO is down 2% today is that good?

>>19042320
>>19042614
Oh, and also something funny, JP Morgan sold all 88k put option contracts they took out against STNG. They sold ALL of them.

>>19042614
Didn't the link say 200k shares

>>19042709
idk, my meme stocks like MVIS are 30% up today,

>>19042614
>JP Morgan bought 2,038,569 shares today
Jeepers anon, that's a big number.

New thread
>>19042786

>>19042786

>>19042786

>>19042751
Look yourself here, they did the equivalent of buying 19 million dollars worth of FRO today. https://fintel.io/sob/no/fro

Citigroup is also a huge buyer.

>>19042759
Link provided if you haven't checked yet, you are the expert using this site so please tell me if I am wrong because if not then I am shitting bricks.

>>19042759
That's a lot of shares

>>19042806
I'm also only seeing 200k shares here.

>>19041358
BASED

>>19042850
You are looking at Monoco. JP MOrgan has 2 million.