/biz/ - Business & Finance

>>29765904
For bayhorse? I know, but I was about to be margin called and had to liquidate SOMETHING. So I figured if it goes down again later and I recover some I will re-enter.

>>19353472
The bear thesis is that due to the convertible note issuance recently that thousands of people holding millions of notes will all at once short the stock, reach before conversion price, then cash in and dilute shares more as it tanks and they make more money. Convertible notes will over time dilute the shares, but the entire notion that the stock will tank and forever stay down is essentially based on the thesis of a conspiracy rather than how these notes usually carry out.

So if you don't think that a group of evil super wealthy men have nothing better to do than manipulate the stock and tank it to 0 through an abuse of shorting + senior note conversions, then DHT is still a buy. Is it the best buy? Arguably not anymore, EURN and FRO and STNG are better. Especially since DHT has no fleet diversification. But is DHT bad and/or not gonna recover/profit? No, of course it will go up, a good deal up according to its value regardless of dilution over time. It's only bad if you think people are gonna game the system all at once on a stock that is making fist fulls of money.

>>18860864
Well, if things play out like that then FRO will hit a thousand as it will be far worse than their earlier super contango. I doubt the crisis will last the entire year, but I am expecting these tankers to double or triple easily in value in the meanwhile. If it goes to previous highs or near them in a miracle run I won't complain though. I just want to see profits start coming already to sell some shares off to pay off margin from other things I am profiting off of but want to keep so I don't really want to sell them back thus I am sitting here stuck on margin when I rather not be.

>>18084910
You make me jealous. I would be making a ludicrous amount of money if I could daytrade in this market instead of gambling overnight. I seriously want to beat the shit out of those who made the PDT rule to keep poorfags down.