Overleveraged since '19

Tanker Gang

Searching for: stng, asc, dht, tk, dssi, nat, eurn, insw


Comment Volume (7 days)
8
Total Comments on WallstreetBets

13
Total Comments on 4chan's biz



Recent Comments

Google Mkt oracle UK for gold and nat gas so u have a different perspective bitty
about 23 hours ago
See Original


Buy Nat gas $boil... u heard it here!
2 days ago
See Original


I kinda ruined my my mom’s afternoon when I told her how fucked up Thomas Kincade was IRL. She has a big ass TK original painting over her fireplace. ![img](emote|t5_2th52|4271) [https://en.m.wikipedia.org/wiki/Thomas\_Kinkade](https://en.m.wikipedia.org/wiki/Thomas_Kinkade)
3 days ago
See Original


STNG
4 days ago
See Original


They constantly loose value due to the negative rollover yield of the underlying future contracts. Any etf based on a leveraged securities is going to degrade over time. If you look at the nat gas future chart and check the "adjust for contract changes" box (settings > futures on thinkorswim), it looks a lot more like the ETF charts.
6 days ago
See Original


Their debt is less than years revenue. I have a mortgage that is more than 2x of my yearly revenue so i dont see the problem here. So while number is huge its ratio is nat that bad (as user below said - its all relative man) Net profit for regular person if compared to company would be monies you can put into savings account after all your expenses are paid, including food, mortgage payments, car or whatever. For most people "net profit" is from 0 to 10% of their revenue.
6 days ago
See Original


Their debt is less than years revenue. I have a mortgage that is more than 2x of my yearly revenue so i dont see the problem here. So while number is huge its ratio is nat that bad
6 days ago
See Original


There is no bottom, it gets eaten alive by negative rollover yield of the nat gas future contracts.
7 days ago
See Original