/biz/ - Business & Finance

>>19243813
I'm just frustrated at the market, oil stocks continue to fill, tankers making record gains, "second" wave of COVID on the horizon. Contango very much in affect. Unemployment remains at record levels, and studies suggest a significant proportion will not have a job to return back to. Yet most financial news outlets are reporting that the glut is over and everything is "returning to normal". Stupid headlines about more storage opening up, and then in fine print they say it's due to open in August, and other headlines like 5mil barrels being drawn and yet they fail to mention distillate products increased by more than crude draw down. Which means the refineries have started processing more crude, but the product needs storage and you need clean storage so tankers can also fill that need (which they are). If the owners of FT etc suggest the way an article is written is that classified as market manipulation?

TK earnings out. This should go to $4 at least. Or tank to $2. You're welcome.

>>19244805
This is a fucking clown market

Financial Times seems pretty bullish on tankers, at least for Q2 and Q3.

https://www.ft.com/content/82630615-e58e-437f-8117-cd18c6147c69

ARR HODL YOUR SEA CATS MATIES

Pretty Brandon OP. But will mention TNK earnings came out, and they beat it hard. 3.25 per share versus estimated 2.75, damn!

>>19245465
>tankers in a bear market from 2008-2020
>big institutions know that shipping is a cyclical market, start to move back in to shipping in 2018-19 as the 5-6 year outlook is strong (ship scrappage, IMO 2020/30 etc)
>corona hits
>oil contango
>sudden rush of retail comes in for the oil storage play
>fucks up the accumulation of large investors
>try to hold the price down, extreme levels of FUD to shake out weak hands who don't know about the tanker supercycle

>>19246575
Based.

It's going to be really funny when tanker stocks dip to 52 week lows then bounce back to Q4 2019 levels.

The institutions literally just stole a shit ton of money from retail and I find that hilarious.

>>19246696
I'll be honest, I came for the contago/oil storage play and was planning to dump after Q3 but I'll be staying for the supercycle.

Anons are always going on about cheap shitcoins that will moon. Well tankers are it. I'm bullish on tankers

Welcome to tankerturd general where we brag about 65% losses and pretend that tankers are necessary in a post covid environment (they arent)

>>19246952
We just need to hold for 2 years and the dividend will cover our losses

HODL DHT MUHREENS
HOOOOOOOOOOOOOOOOOOOOOOOOLD

>>19246990
I just learned some important information. Theres been lots of chatter and FUD about bankruptcy. But the fact is that bankrupt companies are required to pay dividends for ten years after liquidation. We cant lose! That makes the divvys comfier is comfier a word comfiererererer divvys yeah!

>>19244453
>If the owners of FT etc suggest the way an article is written is that classified as market manipulation?
Absolutely, the publications that have the heaviest sway over price changes are subsidiaries of the less public-facing holding companies which are intwined with oil at every step of the process.

Tankers tankers I love you so
Cause the bible tells me so
Divvys growing in the snow
They always growing growing yo
HODL ur seacats
YODL ur praise
Saint Carrol caught the gays
We may go broke
We may be gay
But our bankrupt tankers are here to stay

NOOOOO MY DHT IS TANKING

oil chad here, just came in to laugh at you tankers bro. HAHAHAHAH

I'm so sorry for you 30% losses

THIS CANT BE HAPPENING NOT ANOTHER 5%

MY -$100 OIL WILL SAVE ME

>>19247262
Yeah I might be down 50% but i'll be getting a pretty sweet 3% divident pretty soon. IN YOUR FACE

SEACAT SAVE MEEEE AGHHHHBBHHBH

STNG is forming an ascending triangle. All my tankers are green except EURN, OSG and STNG, i.e. opposite of what I expected.

>regular OP isn't around atm, so Brandon thread
>shills on hyper drive posting by themselves

It's pretty sad the amount of energy expended to shit up what was a comfy general while most of us just started filtering or taking our time drinking some good coffee and chilling.

Should I just sell DHT it's been my weakest link for weeks now

>>19247509
I think dht is completely borked. Management want to fuck retail up the ass.

>>19247509
HOOOOOOOOOOOOOOOLD
STORAGE CRISIS WILL HAPPEN ANY MINUTE NOW

Reminder that OP only makes this thread to clickbait you into his Anime website. Embarrassing.

>>19247431
based and coffeepilled

I listened to brandon and wrote naked calls instead

>>19247575
MY COMFY DIVIDENDS!

SOMEONE SING ME A SEA SHANTY! xD

>>19247431
>tanker bears making their own thread to mock tanker bulls

This is hilarious. Tanker bears are literally plebbit circle jerking themselves right now.

>>19247958
they do have a shitload of ammunition at this point, you have to admit

>>19247994
>tankerchads are retarded!
>notango!
>prices lower! look look!
>FOMO into S&P, retards!
that's about it

>>19248054
um. there is also the fact that, while tanker companies are making a shitload of money, the bulk of shareholders are still significantly in the negative and the tanker companies don't seem all that interested in doing anything to assuage that

>>19248054
yeah they don't have much ammo, its only gone down 30% since we started making these threads, they missed out on all of our comfy 3% down days, now its only down 1.5% everyday.

Not to mention the comfy divvies! omg im going to make it from all my divvies holy shit its so comfy

You fools have known this sector nonsensically retarded for what, 2 months by now? And yet you still cling to your precious tankers while bemoaning the fact that they're shitting themselves. Why?

>>19247994
I don't care if you're tanker bull or tanker bear, but I couldn't imagine being pathetic enough to create a circle jerk with the entire purpose of mocking someone else.

At that point you're worse then the anime foot guy.

>>19248100
Comfy tanker thread ......where my comfydivvybros?

>>19248085
>>19248100
>literally both arguments are price go down
topkek

>>19246952
Can you please explain why tanker ships aren't necessary? I've seen these posts repeatedly on /tsg/ but I do not understand what the fuck you're talking about. Have they suddenly built an undersea oil pipeline all around the globe? What is the reason that oil tankers are no longer needed to transport these products?

>>19248153
... isn't the point of buying stock... for you to buy ones where price go up?

>>19248153
i know right? why would anyone post on a business board and expect profits? haha they're missing out on the comfy divvies and sea shanties

>>19248169
>>19248196
>gambler's fallacy
based and TA pilled

>>19248221
ah yes based fundamentals value investor investing in the legendary tanker growth sector that investors like warren buffet have preached in favor of for decades

IGNORE THE SHILLS ITS TIME TO BUY MORE CHEAPIES TO SATISFY MY SUNK COST FALLACY!!

>>19248221
... come on, man
you don't think this looks bad AT ALL?
i'm beginning to wonder if you're a reprogrammed brandon

>>19248327
the conversion price on their notes is set to like 5.34 or some shit, they STILL haven't hit the bottom

>>19248323
>SUNK COST FALLACY
>not being the same exact thing as the gambler's fallacy
>what is going down will go up
>what is going down will continue going down.
I'm glad I'm doing my part for the zombie economy and helping you two keep your jobs.

>>19248327
hit that 1Y if you want to chart. I'm not a big TA guy, and I'm really only good at calling double bottoms, it seems.

>>19248156
Are you one of those tards who think the purpose of oil takers is to store the oil some retard paid you $100 a barrel to take? See most people think tankers move oil from one part of the world to another. Oil that's no longer needed because of no one driving or flying. What happens when demand falls 50%? Yeah yeah prices goo to the moon on lambos

>>19243813
I’m doing great on fro, not sure what the bitching is about.

>>19247650
Love my coffee.

>>19247958
It is hilarious, but also kind of sad. For them as empty people, for them as shills that their pockets are so empty to need this, and reduction in meme comfy posting. I know I am annoying, but least I try to have fun and be informative and nothing wrong in being involved in my investments.

>>19248327
>70% buy
Pretty good rating. Not gonna address that at all?

>>19244805
They have more cash on hand than their marketcap

>>19248323
I don't know how many times I have to say this
>18k breakeven
>rates that are greater than 18k go to investors

do I need to explain more or do you get it now?

>>19248394
Yeah look back to normal share price ranges when its not affected by tariff and oil contango black swan events, look how it did nothing for fucking YEARS. Because its not a growth industry you fucking retard. Throw your money in microsoft and go do your wagecuck job and you'd be better off than averaging down over and over again in a sector thats filled with negative sentiment and zero innovation and growth opportunities.

>>19248327
>based graph manipulation

The jews are really sending out the shills. What part of cold dead hands do you retards not get?

>>19247680
I too put my net worth in short naked calls on tankers

>>19248433
>rates that are greater than 18k go to investors
Oh your based divvies that mean jack shit when the shareprice tanks and will be inevitably cut in the next quarter when theres no more surprise profits from retarded lockdowns? You guys make shitcoin gamblers look intelligent, at least theres positive sentiment behind some shitcoins.

>"TANKER SECTOR IS DEAD INDUSTRY NO GROWTH ETC ETC"

literally, yes.

Value investing is an investment paradigm that involves buying securities that appear underpriced by some form of fundamental analysis.

Tankers, in our collective opinions, are undervalued. If the share price of the tankers don't change/increase, and we collect a net profit through dividends over a period of time, it's just a conservative investment.

>>19248524
The divvies can be maintained for the next year no problem (based on payout ratio) even if suddenly all spot prices were precisely $0. You're fucked in the head my man. The only argument is that they don't mean shit if the stock price keeps going down faster than the divvy is paid out.

>>19248423
I just ran out of my $20/oz beans, I'll be getting some more next weekend, i think. I also think I'll be sitting in /smg/ until 6pm. The shills/lil wolves are just gillin me

>>19248472
>tariffs
these are bearish for my argument. I'm expecting US Shale to be on life support and get fucking nuked. Tankers will be in use as long as there are issues with domestic supply. OXY would be my best hedge for tankers.
>P/E is for retards! Bright futures are so bright!
>But also warren buffett is a /biz/raeli that sold the bottom
I'm generally in financials. All of them are too high based on the environment we're entering. I've changed my strategy to heavy on bonds, commodities, and preferreds.

>>19248524
>suprise profits from black swan events

The share price for scorpio tankers in Q4 of 2019 with no black swan IS LITERALLY HIGHER THAN THE CURRENT SHARE PRICE. STOP BEING RETARDED.

Come get your turds in order
For our money's going to leave tomorrow
Heave away, me jollies, heave away
Come get your turds in order
For our money's going to cross the water
Heave away me divvy boys, we're all bound away
Sometimes we're bound for Hell
Sometimes we're bound for Spain
But now we're bound for St. John's town
To cry at all our pain
Now it's farewell footfag darling
For my money's going to leave you
You promised me you'd marry me
But the tankers did deceive you
I wrote me love a letter
And I signed it with a ring
I wrote me love a letter
I was on the plank
No fault of mine that the tankers always stank
Sometimes we're bound for Liverpool
Sometimes we're bound for Spain
But now we're bound for Davy Jones
To rejoice at all our pain

>>19248488
ITS A VALUE INVESTMENT!

>>19248550
What if my analysis involves rolling my D&D dice?

>>19248488
You do realize there was a massive reverse split in there, right?

How is showing a 1M graph to a general that started a month ago "manipulation"?

If you had put your money into almost anything else on the entire stock market one month ago, you'd be positive.

I don't know how to explain the buy ratings.
I don't even know how to explain the SEVERE drop in stock price.
I don't know how anybody could have predicted or even suspected this.

But I sure as mother fuck know how to SEE IT when it's already happened.

How the hell can you look at that chart and feel zero regret? You could've gone into literally ANYTHING ELSE and hopped back into tankers whenever if you believed it to be a 2-year trade all along.

Come on, man...

OFFICIAL THREAD THEME

https://www.youtube.com/watch?v=9vST6hVRj2A

>>19248558
Completely delusional.
https://www.nasdaq.com/market-activity/stocks/dht/dividend-history

They'll be back to $.08 before you know it.

>>19248652
Not sure if clinically retarded or merely pretending.jpg

>>19248581
>what are tariffs causing a boom in tankers
https://www.bloomberg.com/news/articles/2019-10-09/cosco-oil-tankers-being-booked-again-it-won-t-calm-rates-surge

You retards have no idea what a normal tanker market looks like but you're about to learn on the long slow bleed to the bottom with stagnation for years before the next random event spikes it for a week.

Everyone is talking about the obvious (modestly) recovered demand.

Absolutely no one is talking about how the new supply shock from emergency shut-ins and US shale bankruptcies will cap both global and domestic economic growth indefinitely and essentially retrofit already record low vessel counts into liquid gold transporters due to the spike in oil price, coupled with the indisputable fact that the US will have to increase reliance on foreign oil from both Eurozone and MidEast due to said well shut-ins.

>>19248803
If you're betting on a crashing US oil market why not just short US oil companies rather than buying and waiting on the off chance of a rebound to break even on tankers?

>>19248327
OHHHH NOOOOOOOO A WHOLE MONTH OF RED!?! NOOONONONONONO SURELY THE YEAR GRAPH ALSO SHOWS THE SAME TREND!

>>19248803
There are 17 gajillion tankers floating off the coast getting paid over a million dollars a week and the market doesn't give a shit.

The market didn't give a shit about massive earnings.
The market didn't give a shit about huge dividends.
The market didn't give a shit about buy ratings.
The market didn't give a shit about depressed pricing on stocks with fuckheugly higher estimated value.

But THIS factor is going to turn it all around?

I've got worthless calls, so I sure as shit hope you're right. But why the hell would any of that matter when nothing has mattered so far?

>>19247144
>>19248589
even if it's fud, i love the poetry. Always a joy

There once were anons who bought tankers.
Harangued weeks by shills hired by bankers.
Shills posted and swore,
Anons' shares grew more,
'Till Tankerchads' had gains like gangsters.

>>19248849
If your only goal is to buy something that will eventually go up, you still could have bought literally anything else on the market and there is no reason to buy, hold, or defend anything in particular.
>it'll go up someday

Tanker Goys ain't got no homes
Tanker girls ain't got no combs
Haul away, haul away their mon-ey
They brush their hair with codfish bones
And we're bound away to poor folks homes
So heave away, me bully, bully goys
Haul away, haul away your mon-ey haul away
Heave her up and don't you make a noise
And we're bound away for waging
Just get back in your cages cry-ing
Heave away your mon-ey
Tanker kids ain't got no balls
They slide down hills on margin calls
Tanker girls ain't got no frills
All they got is smelly shills
Tanker cats ain't got no tails
They lost them in their daily fails

Heave away heave away your mon-ey

>>19248732
>tarrifs causing a boom in tankers
share price at $40
>super contango cause a boom in tankers
share price at $17.50

do you see the discrepancy? do I need to post another graph and point it out to you?

regardless of previous rates, IMO 2020 will force tanker companies to scrap rust buckets that can't be fitted with scrubbers. Rates will continue to rise as companies continue to pay down long term debt and don't produce as many ships.

>>19248877
>someone tells me not to waste my money
>they must be a shill
I'll never understand why you guys use that word, its like you came straight out of /pol/ 2016 and think everyone who criticizes a politician you're emotionally attached to is a paid opponent. Just replace the politician with your favorite tankertrash company and its no different.

>>19248572
delusional

>>19248924
You realize that tariffs have ended right? And so has the contango? STNG was on a clear downtrend since its inception until Trump made their chinese competitors unprofitable driving up rates for other companies. You really need to do more research on this shit before you buy into it on shitposting.

>>19248927
I'm sure they are /pol/ fugitives

>>19248607
The last "massive reverse split" was in January of 2012 you faggot, look at the graph. Ever since then the price has trended between $3 and $8.

Also I have no holdings in DHT, I just wanted to point out the bigger picture.

Why does DHT do nothing but go down?

I don’t even know why I bother looking anymore. I need to just sell and move on. It really is going to hit sub 5.3.

>>19248905
>shills are literally paid to adapt poms and shanties to FUD
tbqh, I'm a bit jealous.

>>19248927
I know you have to say it, it's ok. You can try as much as you want, but we can all tell that you don't belong. I like the poetry thing, at least use your time like >>19248905 or post some nice milk tanks or braps.

>>19248994
>shilling
>exclusive to /pol/
shiggy diggy

break's over. gotta get back to my cage

>>19249006
The graph you posted goes back to 2002...

You only wanted to show the tiny hump and relatively flat line since 2012?

>I just wanted to point out the bigger picture.

WTF are you talking about, nigger? You fucking used a chart that shows a massive stock value BEFORE a reverse split and you're going to act like I'M the retard for pointing that out?

>>19248984
>The contango has ended

That just shows me you have no idea what you're talking about. EIA report doesn't include offshore storage. we'll just ignore the 50 million barrels that are going to hit the market in June.

Lol this guy really believes the oil contango situation just dissipated overnight.

>>19248399
This is retarded and shows that you don't know what you're talking about. Stop being a condescending dick head when you don't understand the trade at all. There's other factors at play when looking at a speculative play in tanker companies and the fact that you take such a macro view of it shows that you're a bad investor/trader. Go back to buying ETFs if you're not willing to spend the time learning about the details of an industry. Stop FUDing when you don't actually know what you're talking about.

>>19249113
>You can try as much as you want, but we can all tell that you don't belong.
literal cult mentality, you're held hostage by sunk cost fallacy and cant take good advice so you love bomb each other with stupid memes to justify continued bagholding

>>19249135
>may 19th was nothing
>lets pretend june will be the new contango even though demand is rising everyday

>>19248896
>you could have bought GAMESTOP BRO!! COULD HAVE MADE SO MICH MORE!!!

>>19248896
>you still could have bought literally anything else on the market
Except that tankers are the only sector that saw in this pandemic a boost in earnings.
They were the perfect hedge for contango. And even in the long term, they provide excellent passive income and are a cyclic market where it is very hard to get disrupted by newer companies. It is not a growth sector.

Are they good trading stocks? Maybe day trading since they are volatile right now.
But they had a risk reward too good to pass up during the rollover.

>>19249255
gamestop has only declined 10% in the last 30 days, so you would unironicallly have saved money if you put it all in GME instead

>>19249080
HOOOOOOOOOOOOOOOLD

>>19249166
You seem angry that I have a master plan to profit from tankers that doesn't involve losing 65%

>>19249294
>BRO, IF YOU HAD BOUGHT TESLA A YEAR AGO, YOUD BE SO RICH RIGGT NOW BRO. WHY DIDNT YOU DO THIS BRO

>>19249268
>Except that tankers are the only sector that saw in this pandemic a boost in earnings.
thats patently false and continues to show bagholders itt have no clue when it comes to growth sectors

>>19248110
>And yet you still cling to your precious tankers while bemoaning the fact that they're shitting themselves
Because they're not shitting themselves.
Because they're making money hand over fist.
Because IMO 2020 set them up for a boom in the underlying business.

Slow recovery that takes a year or more to reasonably reduce floating storage? Great! They make a killing on time charters.

V shaped recovery that depletes floating storage quickly? Great! They take advantage of spot rates inflated by supply constriction.

People looking to make a quick buck are being disappointed right now, but I don't know how anybody could look at the long term outlook and not be optimistic. They look to me like a safe haven that will weather whatever shitstorm is coming.

I bought Feb/April and have already made money from the rollercoaster; you would be loving tankers too if you had bought the dips and sold the tips in this very obvious cycle that has happened 3x this year. Now I'm sitting on the remaining because it makes sense to do so, and haven't lost anything, despite the weird propaganda in this thread. I'm guessing somebody FOMOd on Cramer's advice and bought the top without doing any diligence and got BTFO, or somebody is legitimately trying to shake people out of their shares.

Holy fuck would you people listen to yourselves? I'm not saying you should have foreseen this. I am literally saying you couldn't have.

What I'm saying is that NOW. RIGHT NOW. You can look at it and say, "oops. got fucked" but you aren't. You're clinging to it.

Can't you see something is existentially fucked about this sector, and there is no way you can know what it is, when it will end, IF it will end, or anything else about it at all?

For fucks sake, this sector has a CEO who was selling calls on his own fucking stock and only stopped because it LOOKED bad. Not because it WAS bad, but because it LOOKED bad. How much else are they doing that you just can't see?

>>19249301
DHT DHT DHT

>>19249310
I'm not the one wasting my time coming up with paragraphs of poetry kek. What's this master plan, bud? Please enlighten me. I haven't lost a dime in tanker stocks so you're 65% loss statement is a strawman.

>>19249382
THEY are making money hand over fist. YOU aren't making shit. There is something extremely fucked about that. Why do you think that just because they CONTINUE making money hand over fist that you'll eventually get enough of it to even offset the losses you've incurred in the meantime?

>>19249382
You realize these threads were made just after the top and that most here are bagholding from the peak right?

>>19249415
>For fucks sake, this sector has a CEO who was selling calls on his own fucking stock and only stopped because it LOOKED bad. Not because it WAS bad, but because it LOOKED bad. How much else are they doing that you just can't see?

Thought yiu fags were supposed to be rich by now? The fuck happened?

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

>>19249294
Why do you impatient zoomer faggots strictly see only a month in advance. Is it the Adderal?

>>19249477
We may have lost all our moneys but we got this cool picture of a boomer to look at

>>19249447
Tanker sector is literally home to criminals and the worst business scum imaginable. Think crypto but with 50% less integrity and 50% more scammers

>>19249481
Because thats when all you bagholders were created.

https://robintrack.net/symbol/STNG
https://robintrack.net/symbol/DHT
https://robintrack.net/symbol/FRO
https://robintrack.net/symbol/EURN
https://robintrack.net/symbol/NAT

>>19249529
Wow you could just sell when RH goes up and you’d know exactly where the peak is.

>>19249437
>offset the losses you've incurred in the meantime
I haven't incurred any losses, but I agree the stagnation in stock price right now is a little fucky. They shouldn't be where they are, but its fine if they stay there and pump out dividends.
>>19249440
Yep, this general was made maybe a week before the retail FOMO. There are a few here that have been talking about tankers ever since the lock-ins started though. At that time, they were solid gold because you knew a demand shock would hit but didn't know when.

Like I said, now they're more of a safe haven, with a chance of another surge if contango comes back.

>>19249181
>you're held hostage by sunk cost fallacy
Well, I sold RTX at 55$ before it went down to 51$.
I didn't bought back because there was a down trend still.
You know what happen? Stock shot up to 57$ and I was left in the dust!
Never dump bags on a loss on a company with good fundamentals and good outlook.

DHT isn't going to go bankrupt anytime soon.
Why would I sell on the way to a bottom I can't time? On a company that pays 20% in dividends.

FRO was going down, down to 7.20!! whoever sold there, lost all the potential profit of the bounce. Those who bought on the dips are now making money.

Companies are undervalued. It's like those idiots that sold old air-cooled Porsches for 20k in the 00's when the new ones came out. Now those ones are worth shit while the air-cooled ones are worth 100k and more. Some are worth more than they were new.

It's all about intrinsic value. The market will see it eventually. Holding bags that pay 20% per year? Please tell me how the value goes down with the dividend! If it goes to zero and they still pay dividend. it's no longer 20%, it's infinite %, it's free money.
"They will stop the dividend!" Then by your logic prices would go up.
"They will go bankrupt!" They can't even file for bankruptcy because their business is profitable. They wouldn't even be able to file it!

At some point, if it comes to it. They will start buying back shares.

>>19249529
You’re implying that anyone who owns tanker stocks bought in at the top. All I bought was FRO STNG and TNK and they’re all in the green for me. Even bought some TK last week and I’m making good gains. Stay mad and keep shilling Brandon, these generals are great entertainment

>>19249571
>if contango comes back.
>safe haven
nah thats wishful thinking, if you buy in today your max losses per share will be at max 2 more dollars for something like DHT but even that isn't the best buy in price.

and no these threads started on May 4th nearly a week after retail FOMO right at the beginning of the big plunge. Of course the shitposting in /smg/ started before that though.
>>/biz/thread/S18867357

>>19249645
>You’re implying that anyone who owns tanker stocks bought in at the top.
kek, the anime footfag that started making these threads admitted to an average share price of $7 for DHT yesterday, go look at DHT's price right now

Broke Tankie

Our wallets aweigh and our sails are all a shredded
Broke Tankie, oh, boomer-shad-alay
The wallets are leaving, we never will forget
Broke Tankie, oh, moneys gone away
Goodbye, me darling wallet, Goodbye, me dear, old purse
Broke Tankie, oh, boomer-shad-alay
Goodbye, me darling wallet. Goodbye, me dear, old purse
The day I saw the shilling I caught the tankie curse
Broke Tankie, oh, ur wallet gone away
Wake up Mary Ellen and don't look so glum
By closing bell you'll be drinking his hot cum
The pain it is a raining all the day long
And the northerly wind, it does blow so strong
We're outward and bound for Bengal bay
Get bending, me boys, it's a hell of a way
Bending lad bending lad it's your only way

>>19249641
This is my logic too. I hope I'm not being blind on hopium.

Down almost 30% across my 6k DHT, EURN, and STNG bag

New thread for new times
>>19249807

>>19249807

>>19249807

>>19249807
also this is a shit thread made by a retard.

>>19249716
>implying anyone who bought tanker stocks went hard on the meme stocks DHT and NAT

You really do have an extra chromosome lol never change Brandon

>>19249479
uhuhuhuhuhuhuhuhuhu.
TANKER CHADS.

>>19249744
now THIS is comfy fud. I like this fud. Great refrain. uhuhu

Buy REFR

>>19249828
>>19249780
like pottery

how did you even get cash to spend? is it just from government handouts for your mental disability?

Dangerously comfy. No tankers seething right now

>>19249865
Being contrarian has paid me well in the past. Bought AMD at $2.02 when everyone said it was going bankrupt. It might fuck me this time though. I don't see much more downside remaining though so there would be no point selling the bottom. I could not have predicted the markets retarded reaction to those earnings numbers.

>shitcoin stock general

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

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

https://sendvid.com/tt43sssk

>he didn't invest in israel
>he doesn't want to make it

Accumulate REFR

>>19244805
shit makes no sense. LOL. still a comfy hold, IMO.

>>19251187
Sure is comfy to lose all your money

Theres literally nothing wrong with losing all your money on tankers. Its fun!

>>19251101

forgot the h

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

>>19251935
We only buy stocks that do down. Is refr tanking?

KEEP AVERAGING DOWN ON STNG BOYS

>>19252111
Datyum oil demand is not coming back. This is bullish. Let's moon rocket these gems

>>19252224
be careful about people like that
every single prediction that is ever made about the future can basically be boiled down to, "the future will be an extreme version of right now"