Last $STNG thread this week. Disclosure, I& #39;m short $9-10 strike puts and I& #39;ve lost more money on this stock than any in my life.

It& #39;s going down because people are selling it, like growth stocks are going up because people are buying them.

Is $STNG insolvent? No. Is $STNG a bankruptcy risk? No. Check this thread. Some others raise some concerns on covenants, but it& #39;s not clear there& #39;s an issue here or on what percentage of their many financing facilities. https://twitter.com/calvinfroedge/status/1300949967125786624?s=20">https://twitter.com/calvinfro...

I sold out of my (for me) very large $STNG position a while ago. But you know what, to this day I haven& #39;t seen a single thread or article which can illustrate exactly why the market hates $STNG so much. Unless fuel demand *never* recovers I don& #39;t get the despair.

Please, show me why $STNG deserves to be in the bottom 2% of equity performers YTD. I just can& #39;t figure it out. Show me why fuel demand won& #39;t continue to recover. Show me how $STNG will average under 12k TCE from here out (that& #39;s where I see them really eating dirt).

Yes, $STNG has some related party transactions. At least their G&A stuff (SSH) and crewing stuff (SSM) seems pretty reasonable. SCM seems like they could leave shareholders a bit more. Not what you like to see, but I don& #39;t think it& #39;s grievous. https://twitter.com/calvinfroedge/status/1300963609770700801?s=20">https://twitter.com/calvinfro...