Im going to pitch you the most bullish bet in your life. Short USO, but not in the way you think. We all know there is no storage left. Literally none. Its all full. All of it Enter USO. This shitty ETP is literally buying futures contracts. contracts that necessitate delivery. Are robinhood users taking delivery? Fuck no The plan is to roll these contracts over. Rolling means selling them. To who? Literally who? Retail retards piling into USO is creating a bid in futures for oil producers to sell into. Once the producer has locked in short of his production delivery is not his concern. He is going to ram the oil into the pipe come july and everything else is not his problem. This is going to blow up spectacularly when USO tries to roll 40% of their positon, July oil. Where is all this oil going to go? You cant shut the wells down. Once they dip below 60% production the well fails and so does Murican energy independence >Enter motherfucking tankers. Buying tankers is taking the lunch money from USO retards. There is going to be such a huge surplus of oil its going to take years to work it off. All while tankers are being taken out of the market. At 200k per day(you are here) DHT pays a $1.50 dividend per quarter Thats $6 per year on a $8 stock. How long does it stay $8 biz? Other companies like scorpio are earning their market cap every 60 days. Earnings, not revenue All these tanker companies report earnings over the next 14 days. Secure you rocket ticket.
TLDR: Want to steal USO retail retards lunch money? Buy tankers. DHT is the best pure play. USO will get liquidated when oil goes to negative $100. Tankers rates will surge even higher so Murican producers can keep pumping
today is fucking retarded and there's no reason it should've sold off at the open. Fuck bears, we deserve to be above 2900 if not for your opening-bell faggotry
Levi Wilson
i'm in significantly (for me)
Caleb Bennett
based degenerate gambler
Leo Martinez
>today is fucking retarded no, I dont think so
Kayden Bell
Tankers lined and ready to carry me through the crisis. FRO, DHT, and NAT reporting for duty.
This is the only time there is Yas Forums advice I will believe in. Because it matches my own conclusions that I was already doing before the hype train. We are going to make a lot of money, prepare yourself.
what's the fucking reason then? things were fine at 9:29am as per futures pricing but at 9:30a things changed? fucking bullshit, this market deserves to be back north of 3k
Chase Rogers
I'm nervous about selling too early. I've been taking modest bites of cash for a week and change, but I'm loaded up now. When/where does the ride end? That's where I get stuck.
Kevin Fisher
datacenters, 5G, etc.
Robert Walker
FLIR
Anthony Wood
schizo it will be ok
Connor Rodriguez
I dont understand how the DHT dec 15c is only 30 cents. They are going to report earnings 3 times between now and then. Yea, locking in a double is great but selling all your upside above that for 30 cents is going to cause sellers to rope. When these run in a tanker super cycle, they really run
Ethan Perez
FLIR makes really cool thermal drones for the US.
William Taylor
heh, no. It's going to majorly crash after the split.
Bentley Gonzalez
Look at the last two major tanker runs, as well as your normal seasonal cycles. Put those together and this thing will most likely peak late 2021 or early 2022. Keep on ridin.
Aiden Price
can you explain that to me as if i am a toddler
Landon Lee
Need stock tickers and contract signing news ie, who processes the data from Verizons 5g etc etc
fuck off, this is the new normal, invest into the future
Wow, some pretty bearish action today. Got back under the 288 resistance. Sitting comfy. How were earnings? Also found something cool with BWXT
>During a panel discussion at the council meeting, Rex Geveden, president and chief executive of BWX Technologies and a former NASA associate administrator, backed the development of more ambitious space nuclear power systems, citing his company’s decades of experience with nuclear power systems, including NASA-funded nuclear thermal propulsion work.
The BWX CEO worked at NASA, and Teledyne. All my bros in one stock. Already got a contract for looking into nukes and space.
Josiah Murphy
>Finally learned to stop fomo'ing and wait for the dip
CAT down from like 140 to 117 over the past 4 months...should I just cut my losses and get out or hold for the long term? It does pay a 4% divvy...
Samuel Morgan
yeah Im kinda touching myself rn
Daniel Thomas
I have $3k in DHT, I think it's a pretty safe play. Even if the fundamentals end up not being enough upward pressure, it's a solid momentum play with all the coverage DHT is getting right now.
Adam Martinez
Here I am
DHT NAT ET calls on the horizon, not planning on stopping anytime soon
Austin Phillips
the point is to reduce the amount of time you will have to spend working
Gavin Mitchell
this is user help user, I will look into for my fellow anons. this is will one hell of an investment gotta be one step ahead of these short sighted oil fags
CIA containment poster detected. go on goy, just invest in your 401k, go back to work goyim
To making money with tankers? Through the rest of the year. Think about selling Q4 and beyond and take it as they come while being wary about the moment to dump, but until then just ride.
Don't be. You are good for the year, so don't' stress out. This super contango right now alone won't end until Q4 at minimum, and that is assuming we recover oil miraculously soon. I wish I wasn't such a pussy and invest more in it, but I am poorfag so what I got in is already a lot to me.
Imagine bagging NET now and in a few years see it hit $75.
Liam Richardson
wouldn't plastics and semiconductors also be good bets?
I'll bite with my gambling GME winnings. fuck it.
Blake Davis
Soon brother
David Phillips
"The lows are in " - CNBC SELL SELL SELL DONT LOOK BACK SELL SELL SELL
Jayden Watson
Imagine buying NET TODAY ON SALE and then seeing instant gains after the 5/7 earnings call, while not just seeing short term gains but also long term gains as in a few years, it will definitely be $75.
I have doubts, that 20 & 50 hr SMA band is holding really well. we might trade sideways for the whole day based on other time frames. 30 min might say we're a bit more bearish for the day.
Luis Walker
Will normal service resume tomorrow? Cash seems safe until trend is confirmed.
