Ardmore Shipping Corporation (NYSE:ASC)
Old Forum Content for ASC
Make a Forum Post Become a member to view recent forum posts. Already a member? Sign in here.- sbw1: @DAN @scottrades in yesterdays video you mentioned $STNG was not ready. $ASC is in the same area and has formed a large cup/handle. Thinking about a starter whats you opinion?
- scottrades: @sbw1 $STNG $ASC I think $ASC looks actionable for a starter. Stop at 15.40
- sbw1: $ASC $STNG $TK tankers have been doing well this year, currently have $TK
- Mounty: Tankers holding up as well $TNK, $ASC, $STNG, $INSW, $DHT etc
- woodman: $USEA and $ASC are my only #Tankers right now. ASC is holding the 50d thus far, which is somewhat near the low of its consolidation range since early Nov. (also the neckline of its head and shoulders over that time). Need to keep an eye on it.
- swingbound: @mharps $ASC ... a $STNG - like ( a butterfly ? ) recovery ... looks like a winner . grats ! Will
- Docoof: @woodman $USEA 7 made NHs today: $EURN $FRO $TNK $STNG $TRMD $ASC $PXS
- woodman: @Docoof $USEA $EURN $FRO $TNK $STNG $TRMD $ASC $PXS - They continue to cook. I have a mini-ETF, LOL. Keep up the good work, buddy!
- Docoof: @woodman $USEA $EURN $FRO $TNK $STNG $TRMD $ASC $PXS Thanks, my friend!
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Docoof: ...
Among the public companies that transport crude are Euronav ($EURN) and Frontline ($FRO), which are expected to merge next year. Others, including Ardmore Shipping ($ASC) and Scorpio Tankers ($STNG), specialize in refined products such as diesel, an ... - Mikev200: $ASC pennies from ATH set 9 yrs ago.
- mharps: $ASC took a little
- swingbound: @mharps $ASC following you a little ... I'm in ( smile ) ..
- Docoof: #Tankers $ASC Getting close to taking out its 2013 ATH.
- woodman: @Docoof $ASC #Tankers - I wasn't interested in doing much today, and wasn't really watching for the most part, but I did add to a couple of my #Tankers today - $TNK and $NAT. Added to $TNP last session on the dip and bounce. Holding some others as well. This sector continues to work. In the spirit of Thanksgiving, I thank you for bringing the group to our attention.
- Docoof: @woodman $ASC $TNK $NAT $TNP #Tankers #Tankers They had a very nice recovery from last session. The same kind of thing has been happening since May: When it looks like they’re getting slaughtered because the World Police must have outlawed all ...
- woodman: @Docoof $ASC $TNK $NAT $TNP $SPLK #Tankers #Tankers - We all lean on, and learn from, one another here. It's a nice thing the forum's got going!
- Docoof: @Docoof $ASC $EURN $FRO $TNP $DHT $NAT $STNG #Tankers Oil Freight at $100,000 Piles Pressure on Crude Markets (Bloomberg, Nov 22) Earnings on the industry’s benchmark trade route breached $100,000 a day on Monday, the highest since early 2020 when Covid-19 caused a surge in tankers storing cargoes. With sanctions on Russia now forcing ships to take longer routes — drying up the pool of available vessels — oil companies and traders are having to pay ever-higher prices to transport cargoes. https://finance.yahoo.com/news/oil-freight-100-000-piles-090926163.html
- Rockstar: @Docoof $ASC $EURN $FRO $TNP $DHT $NAT #Tankers Tank you Docoof Seems they are some of the very few where breakouts are working.
- Docoof: #Tankers Six—6—New Highs today: $ASC $EURN $FRO $TNP $DHT $NAT
- phgruver: @Docoof $ASC $EURN $FRO $TNP $DHT $NAT #Tankers A couple of years ago, the CEO of $NAT insisted he could make money with a day rate of $11,000/day. Right now, his Suezmax takers are making over $90,000/day, and that premium seems set to continue for the next year. Back in 2016, $NAT was trading between $15 and $16/share on a lot lower day rates. I wonder if there's much chance of it getting back up there...?
- sgiseller: @phgruver $ASC $EURN $FRO $TNP $DHT $NAT #Tankers there has been several dilutions over the years in $NAT, my brain says runnnnn
- woodman: @Docoof $ASC $EURN $FRO $TNP $DHT $NAT #Tankers - Ride 'em till bucked off!
- Docoof: @phgruver $ASC $EURN $FRO $TNP $DHT $NAT #Tankers $STNG’s President is Super Bullish. Last Thursday, at Marine Money’s New York Ship Finance Forum, $STNG’s President, Robert Bugbee, said: “The party hasn’t even started yet. The host may be drinking a couple of drinks but nobody has come yet. They are at the pub, waiting to go to the party later. The stress hasn’t even begun to be put on the product-tanker market. “What we are worried about and I’m sure some of the other people here are worried about is that this gets too good. This could get crazy. We cannot do the mathematics now to get required [future] demand for products to match the ships able to transport it.”
- Docoof: @Justhanging48 $TNK NHs today: $DHT $NAT $ASC
- issues: @Docoof $TNK $DHT $NAT $ASC also $STNG
- woodman: @Docoof $TNK $DHT $NAT $ASC - I have 3 of the 4 (not ASC). At this point, a mini ETF.
- Docoof: #Tankers 7 NHs today: $STNG $TRMD $TNK $TK $ASC $TNP $EURN
- AboveWater: @Docoof $STNG $TRMD $TNK $TK $ASC $TNP $EURN #Tankers thank you for posting these, I’ve been riding several for a few weeks. Take a little profit and bought again on morning pullbacks. Not sure how long to hold, letting my loose stops keep me safe.
- Docoof: #Tankers End of day, Nov 4. Nine—9—made NHs today: $STNG $TRMD $TNK $TK $ASC $TNP $EURN $INSW $DHT
- Docoof: #Tankers 5 NHs: $ASC $STNG $TNK $INSW $TRMD
- woodman: @Docoof $ASC $STNG $TNK $INSW $TRMD #Tankers - $USEA pullback with bounce off 21dEMA.
- Mikev200: $ASC continues $stng too
- Docoof: #Tankers 3 NHs: $STNG $ASC $INSW
- joelsg1: @Docoof $STNG $ASC $INSW #Tankers Congrats again on $STNG. You must play Paul Newman role in The Sting remake.
- woodman: @Docoof $STNG $ASC $INSW #Tankers - currently in $FRO and $NAT, which like many of these are riding the waves, and $USEA which is drifting along.
- bigbartabs: @woodman $STNG $ASC $INSW $FRO $NAT $USEA #Tankers ... the INSW weekly chart, wow.
- swingbound: @woodman $STNG $ASC $INSW $FRO $NAT $USEA #Tankers $GRIN earnings 11.16 ( verify ) . This is tightening up nicely and closely watched by others . best , Will
- woodman: @bigbartabs $STNG $ASC $INSW $FRO $NAT $USEA #Tankers - INSW STNG and ASC have amazing weekly charts. As does $TRMD.
- bigbartabs: @woodman $STNG $ASC $INSW $FRO $NAT $USEA $TRMD #Tankers ... I think the last time I checked, I couldn't find any ETFs for shipping... or maybe it was none with enough volume to have an acceptable volatility profile.
- Docoof: @bigbartabs $STNG $ASC $INSW $FRO $NAT $USEA $TRMD #Tankers I don’t think there is one aside from the very low liquidity $BOAT.
- woodman: @Docoof $STNG $ASC $INSW $FRO $NAT $USEA $TRMD $BOAT #Tankers - And BOAT looks more like a submarine. Not doing what those in the #Tankers stock group are doing.
- bigbartabs: @Docoof $STNG $ASC $INSW $FRO $NAT $USEA $TRMD $BOAT #Tankers ... yeah I think that was one I looked at way back. The top 10 tickers were pretty much unidentifiable, and low volume.
- Docoof: @woodman #Tankers 5 making NHs today: $TRMD $ASC $PXS $TNK $INSW
- woodman: @Docoof $TRMD $ASC $PXS $TNK $INSW #Tankers - On the other end, $OSG may be an opportunity. Since pulling back in mid/late Sept, it's been lagging the others and could go lower still, but it's consolidating around/ the 50d. I think it's worth keeping an eye on as one that could try to catch back up.
- Docoof: #Tankers Five made new highs today: $TRMD $TNK $STNG $INSW $ASC
- Docoof: #Tankers Friday at close: $ASC up 6.06% $NAT up 5.54% $EURN up 4.95% $FRO up 4.93% $STNG up 3.8% (nh) $DHT up 3.62% $TNK up 2.95% $INSW up 2.73% (nh) $TNP up 2.39% $TRMD up 1.91% $OSG down 1.33% $PXS down 4.5%
- Docoof: #Tankers No new highs, but green on decent volume: $INSW $DHT $STNG $TRMD $FRO $EURN $TNK $ASC $TNP $NAT $PXS
- woodman: Continue to look for entries in the #Tankers / oil and gas #Midstream stocks that @Docoof has identified. My watchlist derived from his posts include: $STNG (I'm currently in) $TRMD (same) and (in which I currently have no position) $OSG $TNP $NAT $ASC $TNK $EURN $INSW $FRO $DHT. Look for pullbacks or other conditions for entries.
- mharps: @woodman $STNG $TRMD $OSG $TNP $NAT $ASC $TNK $EURN $INSW $FRO $DHT #Tankers #Midstream adding to very small position in $ZIM at almost 50% of book. I might get up to 20 shares one day !
- Docoof: @woodman $STNG $TRMD $OSG $TNP $NAT $ASC $TNK $EURN $INSW $FRO $DHT #Tankers #Midstream $PXS Recently joined the others. Please don’t hesitate to comment on it. Thanks.
- woodman: @mharps $STNG $TRMD $OSG $TNP $NAT $ASC $TNK $EURN $INSW $FRO $DHT $ZIM #Tankers #Midstream - the good news is that ZIM can't go lower than zero.
- vcondry: @woodman $STNG $TRMD $OSG $TNP $NAT $ASC $TNK $EURN $INSW $FRO $DHT $ZIM #Tankers #Midstream at this rate $ZIM 's dividend will one day be higher than the stock price ;-D
- Docoof: #Tankers 5 making NHs: $PXS $TNK $NAT $TNP $ASC
- woodman: @Docoof $INSW $DHT $STNG $TRMD $FRO $EURN $TNK $ASC #Tankers - nice job tracking these. They've been a rare group that's consistently been working in this Market.
- Docoof: @woodman $INSW $DHT $STNG $TRMD $FRO $EURN $TNK $ASC #Tankers Thanks. 2 more to add.
- Docoof: #Tankers Ten—10—Tankers hitting new highs today: $INSW $DHT $STNG $TRMD $FRO $EURN $TNK $ASC $TNP $NAT
- Docoof: #Tankers Three—3—Tankers hit new 1-yr highs today: $OSG $ASC $TNP
- Docoof: #Tankers Two—2—Tankers hit 1-yr highs today: $ASC $OSG
- Docoof: #Tankers Four—4—Tankers hit new 1-yr highs or ATHs today: $ASC $TRMD $INSW $TNP
- debeers: @Docoof $ASC $TRMD $INSW $TNP #Tankers -do you know if ANY of these have hedged their oil price?? Thanks
- Docoof: @debeers $ASC $TRMD $INSW $TNP #Tankers That’s a debeers’ level question and I’m no debeers. But I did try and ended up reading an article on gardening. It didn’t help. ☹️ [You’ve had a lot of helpful posts lately (actually, your posts are always helpful ) — keep up the great work and thanks!]
- Docoof: #Tankers Nine—9—Tankers hit new 1-yr highs or ATHs today: $EURN $TRMD $TNK $INSW $STNG $DHT $ASC $TNP $FRO
- maracom: @Docoof $EURN $TRMD $TNK $INSW $STNG $DHT $ASC $TNP $FRO #Tankers Great research, thanks
- Docoof: #Tankers Eight—8–Tankers at new 1-yr highs or ATHs today: $EURN $TRMD $TNK $INSW $STNG $DHT $ASC $TNP
- Docoof: #Tankers New ATHs or 1-yr highs today: $TRMD $ASC $EURN $TNK
- Docoof: #Tankers Day2 of New ATHs or 1-yr highs: $TRMD $STNG $ASC. (NPs)
- Docoof: #Tankers A 4th hits a 1-yr high today: $EURN [Earlier noted: $TRMD $STNG $ASC]. (NPs)
- Docoof: #Tankers Trading at ATHs or 1-yr highs today: $TRMD $STNG $ASC. (NPs)
- Docoof: #Tankers Ripping today: $TNP $TNK $STNG $INSW $ASC $NAT (NPs)
- Docoof: Tanker co. $ASC 2-yr high today. np
- Docoof: $ASC Another tanker co. back near its 1-yr high. np
- Docoof: The #Tankers are ripping today: $TRMD $NAT $STNG $EURN $FRO $DHT $TNK $ASC $PXS $SFL $OSG $INSW $KNOP $TNP
- Docoof: #Tankers not too far off their 1-yr highs at 12:30 pm: $TRMD +6.61% $ASC 6.75% $STNG 6.59% $TNK 4.96% $INSW 2.34%
- woodman: $ASC may currently be the best chart among #Shippers. Still in an uptrend, making higher highs/lows with ~21dEMA support. (FD - I have a position in this one.)
- woodman: $ASC - I have some of this #shipper (along with $PANL). ASC is in an uptrend but has been consolidating sideways the last couple weeks and into the 20d which has generally been support. During this recent sideways move within the uptrend, it has been testing ~6.85 level. I like the consolidation, which could be setting up for another move higher. On the weekly, this is a flag.
- champ: @woodman $ASC $PANL #shipper ....and $ARCB...is up +$1.77 as of RHRN, at $77.40.
- woodman: @debeers @bilipi #Shippers - Some nice consolidation in the shippers: $ZIM $EGLE (both as mentioned in this strand and ones I've owned). Also $GRIN (another old fav of mine) $SBLK $NETI $SB $GNK. And These two have a decent uptrend taking place: $INSW $ASC. Others in the sector may be worth taking a look at too.
- bilipi: @woodman $ZIM $EGLE $GRIN $SBLK $NETI $SB $GNK $INSW $ASC #Shippers Thank - you for that and for $GRIN of which I've trading up and down its same wedge channel at least three times now . When you come back in we'd love yo see your SWING style . best to you , Will Yo ! Philly
- woodman: @Docoof $GNK - I posted some of this re #Shippers in a strand below. Re-posting, plus a little more content: Some nice consolidation in the #shippers, see $ZIM $EGLE $GRIN (ones I've owned) and $SBLK $NETI $SB $GNK. And these two have a decent uptrend taking place: $INSW $ASC. Others in the sector may be worth taking a look at too. Also, $PANL - another one I've owned - is breaking out.
- Docoof: @woodman $GNK $ZIM $EGLE $GRIN $SBLK $NETI $SB $INSW $ASC $PANL #Shippers #shippers I typed this out and was ready to post but now I see I’m too late: One of your favs (I think) not mentioned in your earlier post is also having a good day and at a 1-yr high: $PANL
- bilipi: @Docoof $GNK $ZIM $EGLE $GRIN $SBLK $NETI $SB $INSW $ASC $PANL #Shippers #shippers We could really use those setups in advance for the triggers ( warm smile ! ) .... easy peasy pumpkin cheesy
- bwcarnation1: @woodman $GNK $ZIM $EGLE $GRIN $SBLK $NETI $SB $INSW $ASC $PANL #Shippers #shippers $BOAT get them all!
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KSOWTER101: ...
$ASC;
$CMRE (A SMALL POSITION)
;$GLOG;$KEX;$SBLK;$SFL;$SINO;$TGP;$TNP,$TRMD
Since I have not followed this market area, I took a couple of small trial positions- earlier last week to see how they develop-$GNK, $NM- $BDRY
The overall LARGER sector ... - Sher: $ASC, $DHT, $DSSI, $EURN, $FRO, $NAT, $STNG, $TK, $TNK, $TNP - Newly on my radar - All have pretty much pulled back to VWAP levels, which seem to be holding as support - Most report in May. Initiated positions in $DHT, $FRO and $TNK...
- Bert953: @Sher $ASC $DHT $DSSI $EURN $FRO $NAT $STNG $TK $TNK $TNP that $FRO does look best. You may consider adding $SALT to your list. Have a great day, cant believe May has arrived. Hopefully warmer weather will come soon as its still cloudy and dame here in Long Island.
- Sher: @Bert953 $ASC $DHT $DSSI $EURN $FRO $NAT $STNG $TK $TNK $TNP $SALT - Bert, will do... thanks!
- stairm01: $NAT $TNK $FRO $DSSI $ASC $DSSI All of the shippers have had 4 good days of moves with volume. No positions. Didn't see anyone in the forum catch these either. $NAT $TNK $FRO $DSSI $ASC $DSSI
- crank: @stairm01 $NAT $TNK $FRO $DSSI $ASC Barrons had a favorable article over the weekend on oil tankers and the industry.
- Herb: @stairm01 $NAT $TNK $FRO $DSSI $ASC Saw a few of those take off yesterday: $FRO and $INSW. The group was hot a long time ago, then collapsed.
- lostsheep: @crank $NAT $TNK $FRO $DSSI $ASC Thanks for that info but based on those charts a few people must have read that article. That ship has already sailed. will look to get on the next voyage.
- champ: @lostsheep $NAT $TNK $FRO $DSSI $ASC --- $NAT, was upgraded this morning. The alert was posted in the forum on 10/3, by @MtChet, he was looking for news...stay focused on forum posts.
- bigbartabs: @stairm01 $NAT $TNK $FRO $DSSI $ASC ... do you know the reason for such a surge?
- Herb: @stairm01 $NAT $TNK $FRO $DSSI $ASC They used to pay very high yields. . . . .
- champ: @bigbartabs $NAT $TNK $FRO $DSSI $ASC --- Tanker rates are climbing. They jumped 40% on one day and 400% for the month.
- bigbartabs: @champ $NAT $TNK $FRO $DSSI $ASC ... yes, but what is the reason for such a jump? I haven't had time to look at the news...
- champ: @bigbartabs $NAT $TNK $FRO $DSSI $ASC --- Supply in demand and IRAN, is a bad actor, if you need a tanker to take the risk, shippers have to pay for that risk....and insurance rates are climbing.
- bigbartabs: @champ $NAT $TNK $FRO $DSSI $ASC ... it must be more about Iran being a bad actor... since the world economy is slowing with shrinking demand for product shipping.
- stairm01: $NAT $TNK $FRO $DSSI $ASC More info I found on the shippers. Good article. Copy the link below and past into your browser. https://www.barrons.com/articles/how-investors-can-play-new-rules-for-cleaner-shipping-fuel-51570186811
- champ: @bigbartabs $NAT $TNK $FRO $DSSI $ASC --- Honestly thats the news, tanker rates are climbing, why..? You are even paying higher gasoline prices now in California, they are way-up. Read the news...it is just like stocks, stocks move off of either nega ...
Stock Price | $11.85 |
Change | -0.34% |
Volume | 1,091,980 |
Ardmore Shipping Corp is engaged in the ocean transportation of petroleum and chemical products in international trade through the ownership and operation of a fleet of tankers.
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