>Past earnings reports (alphabetical) ASC: EST EPS $0.14, actual $0.20. DHT: EST EPS $0.54, actual is $0.44 (divvy of $0.35). EURN: EST EPS $0.86, actual $1.05 (divvy of $1.10). INSW: EST EPS $1.45, actual $1.49. NNA: EST EPS $0.00, actual $0.94. OSG: EST EPS N/A (Q4, 2019 was $0.12)., actual $0.28. STNG: EST EPS $0.49, actual $0.82.
> Upcoming earnings reports calendar NAT on 5/18, not specified SFL on 5/19, pre-market TNK on 5/21, pre-market FRO on 5/29, pre-market TNP on 6/4, pre-market
Tankerturd research/action plan or how to profit from the tankie
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. Br#ndon told them much of this and they didn't listen and already lost money; now mad at all Br&ndons 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 weeks and this general will disappear that's your sign to buy 12. Then down to zero on bankruptcy by June 2021
None of this is refutable
Jacob Sullivan
How are futures traders not shitting their pants right now and fire selling? It's gotta be terrifying holding on to millions of barrels worth of contracts. The United States government can only prop up the oil market for so long before it becomes fiscally irresponsible. Today has been super weird...
Let us pray. Praise be to Lawrence my rock, who trains my hands for holds, my fingers for divvies. He is my loving Boomer and my fortress, my stronghold and my deliverer, my shield, in whom I take refuge, who subdues Brandons under me. AMEN
I literally cannot stop laughing Brandon, that is an epic meme.
Jonathan Cox
i'm having a really hard time reconciling what i am seeing
either this general, and everything we've been talking about, has been 100% wrong the entire time, or this is going to be a once-in-a-century scale event
i don't even know anymore
if monday comes and we fucking crab. i don't know what i'll do. financially i'll be fine but i may walk away from the markets forever
I'll be financially ruined if this shit keeps up My hair will probably turn white too
Nolan Gomez
HOLD ON SEA CAT
minus 100
There is no reconciliation. We either are 100% wrong and some sort of secret group is holding information out on the world except to the very few people in this 10% volume environment on oil futures, or this will be a crash unlike any we have ever seen for oil
>Value Investing Now to what I believe is the most striking metric in the entire oil tanker industry. STNG is, currently, trading at 45.3% of its NAV. Theoretically, if STNG were to sell all of their assets and pay down all their liabilities, investors would instantly be entitled to $37.05/share.
Don't bank on Monday, but watch the market over the course of next 15 days. It's like Buffet says, stock markets transfer money from the patient to the impatient.
John Rodriguez
The market is smarter than you give it’s credit for. Every actors participating in the oil market rn have been working around the clock to ensure that the futures price will never go negative again. In effect priced in is not a meme, it is a feature. It’s is once in the lifetime event and the ship has sailed
John White
We're not betting on negative exactly, but instead betting on oil price drop. Point taken however, we'll have to wait and see.
Andrew Martin
if you punched a hole in cushing and drained it, then repaired the hole, you wouldn't have created enough room to store all of the oil from the saudi flotilla alone, and they're just the most recent arrivals
Brody Richardson
Wow Brandon was wrong these stocks are great investment. Y'all are down 50% or more ! That is so good how can I be smrt like y'all and lose half my moneys
Hunter Nelson
Haha ship has sailed
Haha tankers tanked
Haha winners lost half their money
Oliver Harris
I agree that's why you lost half your money. Any other brilliant ideas and insights from the basement?
Get it basement because it is underground like your portfolio? Get it? Sublevel? Lmao
Levi Jones
This bloomberg.com/news/articles/2020-05-14/saudi-oil-rush-threatens-to-disrupt-stabilizing-u-s-oil-market for reference among others. There is no institution that seems to be into june, it's all july, august, even september and after. If you look at raw volume, this seems to confirm since it's outrageously low. And nobody can actually accept delivery, so how is that possible? Finally, the only bet is that supply stays too high so that offshore storage remains necessary. Any economical environment that allows this is good for us.
