DryShips Inc. (DRYS)

All Comments on DRYS

  • commenter
    gridflash
    Sep 25 11:11 AM
    DryShips: Time to Load the Boat [view article]
    BDI - 4163 . It's broken through critical support levels... down another 300 pts last night. That would be my definition of global demand destruction.

    And we all know what excessive leverage has done for the banking industry.     Reply
  • commenter
    w5737
    Sep 24 10:52 PM
    My Website
    Dryshippers: A Buy or a Sell? [view article]
    Both Dac and ssw are "finished goods" shippers as are other containerships. both operate under long term charter(10-12yrs) agreements. So the bdi has very little to do with their gross income


    On Sep 11 12:13 AM bsharvy wrote:

    > I'm more interested in finished-goods shippers, but I can't find
    > much info. Any help?     Reply
  • commenter
    CoverIsBette
    r
    Sep 24 10:17 AM
    DryShips: Time to Load the Boat [view article]
    Keep loading? This thing is down atleast 6 points since time of this article. Just curious if the recommendation holds at these lower levels.
    Reply
  • commenter
    misterchan
    Sep 21 09:07 PM
    Today's True Safe Haven Investments [view article]
    Chrisrakias - If you put that guy in jail, I will bail him out. Because on Fri., I made a respectable profit trading SWC. That is the approach to take with SWC. I have been trading it for quite a long time. Also, it is at the bottom of its trading range. Not much risk. Reply
  • commenter
    racerz
    Sep 20 09:55 PM
    Today's True Safe Haven Investments [view article]
    I agree with einstein, too. I'm very Bullish in coal and added to my btu and aci positions during the last month selloff. I do agree that NGAS (although I own and like CHK) is going to one day be the way to go. Natural Gas is the coming thing, until then, coal will rule as it is abundant, (needed in China, et. al and many of our electric companies must also burn it.
    Additionally, I agree with Anthony on his bullish metals plays (I won ABX and added as it dropped, too)
    Reply
  • commenter
    christakias
    Sep 20 07:23 AM
    Today's True Safe Haven Investments [view article]
    SWC has a cash(ONLY) cost of more than 400usd/oz of palladium according to their website....Now the price is 230 and this guy recommends buying SWC!!!!!!PUT HIM IN JAIL NOW!!!! Reply
  • commenter
    einstein p
    fleet
    Sep 18 09:56 PM
    My Website
    Today's True Safe Haven Investments [view article]
    No offense, but this is a ridiculous blog.

    China needs coal and the world needs energy ---- especially during the transition to natural gas and other alternative fuels. This will take time to achieve, but it will happen over the next ten years. Must admit, I prefer natural gas as a green play, but there is no getting around the need for coal. The stocks are cheap on forward earnings. Buy them.

    The world is not going to go dark --- especially China. Wake up and smell the cleaner burning coal fumes.



     Reply
  • commenter
    S.Murphy
    Sep 18 03:14 PM
    How to Invest in Shipping and Whether You Should [view article]
    Greek shipper DSX has experienced an "ebbing tide lowers all ships" price decline during the recent market and commodities turmoil. It looks as if some factors would lead one to look at this as a buying opportunity. First, the plummeting BDI futures are not really a good indicator of a shipper's value because companies like DSX are in long-term contracts with predictable profits for all their ships. Second, China will have to start resume importing commodities very soon. Third, traditionally this is an up season for shipping demand. Fourth, technically the stock is due for a big rally. Fifth, "this too shall pass" regarding the recent panic. Most investors, as usual, will wait until it is too late to buy stocks with great fundamentals like this at these prices. We're probably closer to the bottom than the top. Reply
  • commenter
    Wiskey
    Sep 18 09:33 AM
    Today's True Safe Haven Investments [view article]
    not that 1MMBTU of Natural Gas equates 6.5 boe. It is reverse: 5,487 cubic feet of natural gas per one barrel of crude oil. Only then your arithmetics makes sense. Reply
  • commenter
    mister_x
    Sep 18 01:05 AM
    Today's True Safe Haven Investments [view article]
    "It would be just as compelling to tell palladium producers to invest in human cloning, so that the world would have more ring-fingers"

    That was hilarious. That made the 2 minutes I spent skimming through the article worth it!     Reply
  • commenter
    itcrossedmym
    ind
    Sep 17 06:16 PM
    Today's True Safe Haven Investments [view article]
    The only saving grace of clicking unwittingly on an article by this author is to see how his tone has evolved. After posting nonsense for a year or so he can now refer confidently to "past articles"; with luck, one of his scattered and conflicting guesses will provide fodder in a future article, as it did apparently with JRCC. But always his disregard for context and relevance betray either ignorance or desperation. See, for example, abundant above-ground gold, the tellurium alarmist echo chamber, and this logical gem: "A loose diamond cannot be worn. It must be set in a precious metal setting, such as platinum and palladium." (It would be just as compelling to tell palladium producers to invest in human cloning, so that the world would have more ring-fingers.)

    I don't comment often. I don't know why your writing aggravates me so. Other authors are just as awful, but not so consistently and from so many angles. Please keep your writing to yourself, or at least allow the titles of your articles to be as narrow as your views; I could then know to stay away.     Reply
  • commenter
    notsosmart
    Sep 17 10:40 AM
    My Website
    Today's True Safe Haven Investments [view article]
    of course the us govt. could outlaw gold.has it happened before? can it happen again? Reply
  • commenter
    User 215177
    Sep 17 10:12 AM
    How to Invest in Shipping and Whether You Should [view article]
    Thank you for the useful article with excellent references including the Baltic. The BDI simply tracks spot demand for dry bulk ships and should therefore be interpreted with care.

    The decline since its all time high in May 2008 is partly due to seasonal factors, exacerbated by the drop-off in Chinese iron ore imports (Olympics ), declining steel prices and possibly secular factors including the physical activity (versus fear of ) slowing global growth. This latter point is difficult to determine

    My view is that the BDI will pick up once the Para Olympics finish and the Chinese run down historically high port iron ore stocks (due to stocking prior to Olympics and a contributor the all-time high in the BDI in May ) . The start up of Northern hemisphere grain shipments will also boost Panamex rates- analysts suggest this won't happen until October.

    Ship supply remains tight for 2008 but will pick up significantly in the the second half of 2009 (irrespective of cancellations and delays). The Morgan Stanley supply comments have been largely discredited by industry experts.

    Other key indicators include the FFA curve , which is in contango through 2009 and period time charter rates ( 1-10 years) . Although period charter activity has been predictably muted through August and September, contracts that were signed prior to the slowdown , and those deals that have been done over the summer are still at highly profitable levels for owners.

    Unfortunately , drybulk stock prices are closely correlated with spot rates (BDI). Investors have ignored the fundamentals including time charter coverage (many owners fully covered in 08, up to 80% covered in 2009, and already with up to 50% in 2010; relative yields ; historical dividend performance , capacity to increase and sustain dividends ; growth profile; and ,quality of management. Exacerbated by the credit crisis and fears of global recession , the market has punished all stocks whether higher yielding plays (e.g. DSX, EGLE, GNK ) or lower yield with more exposure to the spot market (DRYS, TBS, EXM )

    However, regardless of a softening in global economic growth, China and India will continue to invest in infrastructure ( only 15% Chinese GDP is export related). Seasonal factors (grain) and restocking (iron ore ahead of 2009 rate negotiations with iron ore producers as well as tight supply for the next 6-9 months suggest , all else being equal, an excellent buying opportunity in the near term     Reply
  • commenter
    ussmls7
    Sep 17 09:54 AM
    Today's True Safe Haven Investments [view article]
    Looks as TSHTFAN!Got Gold? Reply
  • commenter
    trimagna
    Sep 17 09:34 AM
    Today's True Safe Haven Investments [view article]
    When the author cites "huge above ground " gold reserves, he should also give the link or source for this statement.

    1) How much is above ground?
    2) What is the yearly or monthly consumption rate?
    3) What is the yearly or monthly production rate?

    Some charts or spreadsheets would help alot.     Reply
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