Boiler Room: The Official Stock Market Discussion
DrunkenNovice
Superstar
He seems to have come around on the reality of NAT being a buy and hold / dividend stock.
Ever since he got it pumped up the first time I started looking into the tanker industry, because it made sense about why the demand should increase the price on them, but when you look into it you find that the institutional investors have a fear of the tanker industries so that big amount of volume needed to move the prices is reluctant to come, and the people who caught on first got in Mid January - Early March.
Almost all of the CEOs agree that their stock prices make no sense given the fundamentals of the industry, and the fact that even with the reduced rates they will be making money well above their break even points for the next 1-2 years because countries waited too long to pull the trigger on slowing down oil production.
There's a chance that they blow up if more people start to get interested / realize that they will be profitable for the next couple of years, otherwise you'll just be looking for a dividend while the profits are good.
I'm still researching the tax side of the dividend thing, but the company i've watched this whole time is EURN.
There are other people who cover the industry more in depth like On Borrowed Time, and Mariusz Skonieczny.
Ever since he got it pumped up the first time I started looking into the tanker industry, because it made sense about why the demand should increase the price on them, but when you look into it you find that the institutional investors have a fear of the tanker industries so that big amount of volume needed to move the prices is reluctant to come, and the people who caught on first got in Mid January - Early March.
Almost all of the CEOs agree that their stock prices make no sense given the fundamentals of the industry, and the fact that even with the reduced rates they will be making money well above their break even points for the next 1-2 years because countries waited too long to pull the trigger on slowing down oil production.
There's a chance that they blow up if more people start to get interested / realize that they will be profitable for the next couple of years, otherwise you'll just be looking for a dividend while the profits are good.
I'm still researching the tax side of the dividend thing, but the company i've watched this whole time is EURN.
There are other people who cover the industry more in depth like On Borrowed Time, and Mariusz Skonieczny.
Out of all the casino plays they got one of the wurst balance sheetsi feel u but I wanted that $16 cost basis
Maybe we get a correction sometime this week and I can jump in at like $19 or something.
still barstools got a big following
Draft kings probably the better bet long term tho
I absolutely been hating nat since I first purchased it. Has been my worst investment. I can’t believe I even tried to go back into it for a quick flip today. I’m just gonna let it rock for now since don’t have any other big moves right. Keeping hope I will get it to reach to 8. Lol
Saysumthinfunnymike
VOTE!!!
Something I just read. Saudi bought Boeing stock for an average of $149 a share. 
something is really going on with HPQ. Their ER is may 27th so i;m expecting a big run up.
+$2.4 Million today in bullish option flow, which was 3rd most bullish flow behind aapl and uber. There's just no way that all these options are hedges against bad ER. One person today alone put $800k in call options
I noticed that this started last Friday actually and those call options are up 100% already.
+$2.4 Million today in bullish option flow, which was 3rd most bullish flow behind aapl and uber. There's just no way that all these options are hedges against bad ER. One person today alone put $800k in call options
I noticed that this started last Friday actually and those call options are up 100% already.
Another interesting bit - someone made a transaction on the dark pool for $100 Million for COST - whether it's a buy or sell is not completely known but given the option flow, I'm guessing it is a buy.
Chrishaune
Veteran
Nobody was left holding JCPENNEY were they?
ahomeplateslugger
Superstar
hard to say. the s&p 500 needs to hit 3000 then it will most likely give us a clear direction on which way it wants to go. the market has been choppy and has essentially traded sideways the last few weeks.
but it's hard to go against the Fed, especially after powell's recent interview on 60 minutes. it wouldn't surprise me if the market goes to ATH before a drop.
ahomeplateslugger
Superstar
he makes a good point. i already have money in the market so i'm not sweating to get in and i wasn't buying much in 2019 because stocks were overvalued so no point in buying now unless i find a good deal. just gotta be patient and not let fomo get you.
Any of yall invested in Gold? Was thinking about looking int JNUG
i've been buying GDX and i'm now sitting at 50 shares with a cost basis of 32. was looking to buy silver but just gonna run with gold and buy on any dip.
Would have to think they did ridiculous business last few months and earnings are coming up so would definitely have to be a buy
Saysumthinfunnymike
VOTE!!!
Here's a great article outlining what a monster RTX could (and should) be in the future. Likely to triple profits in 3 years.. keep in mind this was when the stock was still trading at $60 before last week's dip.
This is something where patience will be rewarding.
https://seekingalpha.com/article/4346076-kinder-morgan-out-raytheon-technologies-steps-portfolio
This is something where patience will be rewarding.
https://seekingalpha.com/article/4346076-kinder-morgan-out-raytheon-technologies-steps-portfolio