/biz/ - Business & Finance

I'm down 44% in tankers is that enough of a loss to qualify for this bread?

Anyhow I'm buying more every week hoping to eventually lose $10,000

>>19290962
b-but that 20% annual yield that will only last 2 quarters despite being down 70% at the end of the year

If you post "HODL ONTO YOUR SEA CATS" in this thread, calm waters will await your sea cats on their voyage home.

>>19291034
HODL ONTO YOUR SEA CATS

I've been lurking these threads for a few weeks. Give it to me straight /TSG/ Is monday a good time to buy your bags?

I'm gonna take your silence as a pretty solid yes.

I saw Marc De Mesel talking about this in a vlog yesterday. What stocks in particular are you guys buying?

>>19291623
All of them that always go down so all of them

>>19291034
HODL ONTO YOUR SEA CATS

>>19291649
As long as you're all DCA'ing and bringing down average buy-ins i'm sure you'll do well in 2-3 years. Though honestly I don't see the point of investing in tankers rather than a relatively stable crypto like btc/eth/ltc.

>>19292051
I'm doing great! Down 44% and promises of unlimited losses as far as the eye can see

Oil chad here, up 55%. Why did you faggots by tankers? LOL you’re literally stupid that bought a meme shilled by one guy

>when the shills are so obsessed they change the OP/remove all positive earnings data, post together at the same time each day, and parrot the same recycled phrases that makes them easily identifiable.

Y'all kids need to step your game up. Also only a retard sells stocks billed as 'volatile' when they're shooting down, because they shoot up just as quick. Y'all need to learn about dividends work and realise tankers are a good stock to buy, provided you don't buy too high.

>>19292051
it’s not about profits it’s about comfy divvies and fun memes and holding long term bags

>>19292718
y'all need to learn to stop being so obvious - learn how dividends work and buy tankers. I've been around long enough to know when it's time to buy y'all.

Large number of tankers are going for scrap, adding fleets, low doc hands, means rising tanker demand. Most companies like tnk are making bank and under cutting competition. I'm sitting pretty on low prices because of retarded bears. Thanks tards.

>>19291063
Yes, have fun with MONDAY.

>>19292262
Y’all short term gains are stupid when y’all can catch falling knives coming off windfall profits from a black swan event. Ignore falling tanker rates and share prices, comfy dividends are all that matters. Enjoy y’alls 55% short term gains, I will make at least 60% gains by next fall.

>>19292791
Congrats on losing so much money you are an inspiration and proof we can all do it

>>19292883
y'all need to work on your reading comprehension, he's sitting pretty

>bought FRO at $6.50, EURN at $8.60 and TNP at $2.20

Keep trying and maybe you'll depress the price a little more when more gullible retards sell, but most people have caught on to your nonsense y'all.

>>19292864
learn how dividends work

My FRO shares haven’t lost me any money and the dividends look pretty damn comfy. Will probably continue to hodl as long as I can.

>>19292883
Y’all have no idea how much money we be making from divvies, they be comfy af and y’all shills only be making like 55% profit? Y’all have no idea how comfy our divvies be rn. Falling tanker rates mean that since share prices will stay low for at least the next year we be making at least .08c a share on comfy divvies when they cut them. Y’all are nuts to want quick profits when y’all could hold fast with my seacat bros.

>>19293152
Based - if you haven't realised by now anon, there's an organised raid to try to get people to dump their stocks, they either have shorts or want to buy the stocks cheaper. There are a few of them, thankfully very easy to spot. A big giveaway is the amending of the OP links/data, can't show any earnings data!

>>19293171
y'all need to learn how tanker cycles and supply/demand work

For any lurkers - the intent is to make sure that the raiding group makes all the generals (usually at the same time each day), and to make sure they are as defeatist/cancerous as possible, to ensure that any new anons looking to find out about the sector will not.

>>19290913
Holy shit, this is a terrible OP. Kill yourself.

The strategy is to ensure that any form of genuine discussion about the market/company fundamentals cannot occur. They have figured that their best chance of ensuring anons dump their stocks is to commandeer the generals/shit them up, in doing so isolating those in the market (because who wants to engage in a shitty cancerous thread, right?) - and then flooding them with FUD.

>all this bagholder cope from a single retard

>>19293670
Why did you make the thread if you don't hold stocks? Proving my point, based retard.

>>19293289
Why would you need to shill people to sell to profit off shorts, these shitcoins go down every single day without fail

>>19293152
I dunno their Q1 report they spending a lot of money on odd ventures. I'm not sure they are a good move yet

>>19290913
who thought buying this would be a good idea?

You should have listened

From $9 to $15 in less than a month

>>19294956
>>19295000
how do these threads still exist?

>>19294956
I saw this chart earlier today and thought to myself "jesus christ wtf lmao"

>>19290913
>tanker gang guys!!!!

Holy shit, just give up you fucking faggots. We are in a bull market again. You’re going to stay poor just because you wanted to look “cool” and make “mad funny memes lol” with a bunch of autists in a transsexual mongolian basket weaving forum that no one cares about. Literally ngmi

literally nobody on any of these threads knows anything about the tanker industry.

https://globalmaritimehub.com/wp-content/uploads/attach_427.pdf

you are given permission to speak when you finish reading this and the recommended literature.

>>19293895
cry more bagholder

>>19296771

>>19291034
HODL

>>19295287
>We are in a bull market
>40m unemployment claims

The economy is at that point in looney toons cartoons when they run off the cliff but don’t fall until they look down

>>19298383
>>We are in a bull market

lol

https://www.youtube.com/watch?v=m6CvMhoSKJg&t=928s

>Don't be a tourist

>>19293289
>>19293354

based. Any chance you think it's the institutions? I've never seen anything like this. You can tell it's the same people posting the same pictures, same "you don't understand dividends" etc etc. Outdated OPs too.

I don't really give a shit about short term price action, I know it's volatile anyway. If price sucks in 2-3 years we can talk but its just a hold for now. Dividends make it all the more sweeter.

>>19298767
>waiting 3 years to call it quits in a shit sector that bumped dividends for 2 quarters because of incredibly lucky windfall profits
lost time=lost money you degenerate gambler, dividends will not remain this high for long, look at dividend payouts before summer of 2019.

https://seekingalpha.com/article/4349730-jump-ship-dht-holdings-sink

>>19298991

I scatter invest in cyclical sectors in their bear markets to get 10 baggers. Gold just made me a shit ton for example, I've got a couple other that I see mooning in 3-5 years tankers included.

Good article though

Imagine not getting gains and divvy by simple not investing in tankers.

>>19291034

>>19298383
there will be a day when you realize the the market doesn't always represent the economy. with the fed pumping, there is no chance we see march 18 lows again or any crash similar to that. you very well may miss out on a great time to make cash just sitting on your tanker shit all summer meming.

>>19299573
this is the correct evaluation of the situation. people itt are fighting over potential peanuts a year from now when there is money to be made right now

>>19295000
I did listen anon. Idk if you were the original guy who tipped me off to it or not but I rode it from $10 to $15. Covered all the money I lost on my other tanker bets.