If I crash and burn use this thread to laugh at my misfortune.
If however, the earnings that have been rumoured are true, well, I won’t have to work for a few years.
@Monsieur_Patate @dolanslebensraum
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TheMailManPardon the pun, but haven't you already missed the boat on this? This was big news like 2 days ago.
O1L_CH4DYes, but there is still a lot more action to come this week.
I was looking at tankers like 3 weeks ago before the hype with NAT but didn’t pull the trigger smfhhhh
Monsieur_PatateLet me recap your bullshit so far:
- completely new to investing/trading, doesn't even know what a ticker is
- invested a few G's in random stocks with expectations to get 1000+% return by EOY
- never shared an actual portfolio screencap as proof of any of your claims
- despite claiming to only have a few G's saved a few weeks ago, now you're claiming that if you turn out right you won't have to work for a few years implying that you either have 6 figures in your brokerage account or you expect a 10000+% return on your obscure play
And now you supposedly go "all in" with a play on commodities, which is fucking retarded no matter which way you look at it. None of your "plays" have been conceived with a upside/downside risk calculation, it's all just random nonsense.
Look, maybe you did invest in everything you said you did, and maybe you'll get very lucky and make a fortune, dumber assholes than you have been known to get lucky, in which case I'd be stoked for you, but you make it super hard for me to take you seriously bruh.
rice.chexI think he tagged you to make you mad and it looks like he was successful
Monsieur_Patatelmao yeah, so mad right now bruh, OP trolled me so hard.
rice.chexAll I'm saying is you replying to his thread in the manner which you did is likely the exact reaction op wanted from you
Monsieur_PatateLet me recap your bullshit so far:
- completely new to investing/trading, doesn't even know what a ticker is
- invested a few G's in random stocks with expectations to get 1000+% return by EOY
- never shared an actual portfolio screencap as proof of any of your claims
- despite claiming to only have a few G's saved a few weeks ago, now you're claiming that if you turn out right you won't have to work for a few years implying that you either have 6 figures in your brokerage account or you expect a 10000+% return on your obscure play
And now you supposedly go "all in" with a play on commodities, which is fucking retarded no matter which way you look at it. None of your "plays" have been conceived with a upside/downside risk calculation, it's all just random nonsense.
Look, maybe you did invest in everything you said you did, and maybe you'll get very lucky and make a fortune, dumber assholes than you have been known to get lucky, in which case I'd be stoked for you, but you make it super hard for me to take you seriously bruh.
Monsieur_Patatelmao yeah, so mad right now bruh, OP trolled me so hard.
Monsieur_Patatelmao yeah, so mad right now bruh, OP trolled me so hard.
skiermanUsually when kids like you write multiple paragraph responses and then claim you know he's a silly troll, you got trolled. You idiots cannot be more obvious and its hilarious to see how easily you can be baited. But yes, keep pretending like you knew he wasn't serious all along with fucktarded gifs and images.
Monsieur_PatateCome again?
rice.chexWhat part do you not understand?
DIRTYBUBBLEI never bought the pot stocks so I bought a whole Litecoin and 2 shares in Apache Energy instead
Monsieur_PatateYou're trying too hard buddy.
O1L_CH4Dmy total portfolio is 8000 if I make 20000 of this play I’ll be able to make it for a few years living frugally
O1L_CH4DYes, but there is still a lot more action to come this week.
I was looking at tankers like 3 weeks ago before the hype with NAT but didn’t pull the trigger smfhhhh
50KalDon’t do it now.
NAT, SNTG, and TGP are all gonna go even lower. The reason it jumped up a few weeks was the excessive amounts of oil shipping from Middle East had to go somewhere which is why storage tankers jumped up so high. So now that they realize the problem they are purposely slowing the rate more so oil doesn’t go negative again this coming month.
O1L_CH4DThis week will be a bloodbath I’m guessing. I can’t time the fucking thing, but I’m guessing I can snag a sweet deal Thursday or Friday.
eurn and stng are already undervalued.
50KalLook at the 5 year runs of eurn and STNG. What makes you think they have any possibility is making a decent run right now?
Oil folks won’t let barrels go negative again.
O1L_CH4DI really can’t be bothered explaining my viewpoint. DYOR
50KalMy bad. I thought we were people on a ski website having a discussion about investing possibilities and hopefully getting gains for each other.
Instead your trying to brag about your shitty investing ideas on a ski fourm and when challenged about your thought process your gonna just throw out “can’t be bothered to explain and a DYOR”?
Okay Warren Buffet. Good luck.
r00kieLiving where lol. 20000 goes quick.
skiermanSays the kid who made a multi-paragraph post dissecting the poster's behavior over the past few weeks despite you claiming you knew he was kidding. Alright, buddy.
O1L_CH4DI didn’t mean to come across like that lol, it’s the fact I have to do all my investing research and posting on Internet forums on my fucking iPhone lol.
So seeing as you seem rational here you go.
case for STNG: fuel spot rates at 3-5x. Stng specialises in clean tankers and is well posed to operate on the future. Plus all the zoomers on robin hood haven’t really looked at any other tanker stock asides from NAT. Their LR1s and 2s are making a stupid amount of money now. Earnings report coming out on the 6th I think (I may be wrong)
case for EURN - pretty much the same as STNG. They have dirty tankers, and lots (VLCCs) which are posed well now to take advantage of near ath spot charter rates. The rumours have been they’ve been making more in q1 than in five years. Earnings report coming this week.
I won’t deny there’s a tonne of speculation about what OPEC will do. All those future contracts etc. who knows what’s going to happen, all I know is these historical charter rates (or maybe it’s less than expected) will be released this week, so it’s not to late. As many people are waiting for these to make moves.
also I know I’m what people consider a troll, whoever this week I’m putting 5000 into these EURN and STNG, selling XOM on Monday cause I think it’s gonna be a bloodbath
**This post was edited on May 3rd 2020 at 12:50:07am
Monsieur_PatateI still think it's a risky play with little upside. The OPEC cut has started, rates are already plunging, and if the outlook is confirmed to be to a destocking cycle, then it's going to keep plunging mid term, and future earning projections with them.
Q1 earning reports might generate some buys and raise the stock price a bit higher, but I don't think it can realistically get you the 250% return you're projecting, but maybe a few points if you time it right, who knows.