texalope

Why I Prefer Excel Maritime to DryShips

Take this as constructive. This article does not make your reasons for preferring Excel over Dryships clear. My takeaway is the Dryships is overleveraged (no secret) and business is lousy.

Excel also has a weak balance sheet and faces the same business cycle. They've cancelled the dividend, postponed their earnings to negotiate with banks. What do you see that makes this a better investment or bet?