mbaglio100

Drybulk Fundamentals Remain Healthy

Ok, fine, _I'll_ be the poopy-head spoil sport. ;> Good article, does a good job of explaining everything I don't need to know in order to make money in DRYS. I was long all through 2007, made tons of money, and listened to everyone assure me that "it all looks good!!!" as it traded sideways through all of autumn. On November 8th, when it crossed below the 40-Day Moving average, I closed my long position and shorted the hell out of it. As of this afternoon those shorts are up 56.8%. Did you get that? Since _November_. So, whoopie, the fundies are all positive. Right now, _the _stock_ sucks_. I'll celebrate the great fundamentals when I buy the company. Right now I'm into the _stock_ so shorts it is. Oh yeah, did I mention 56.8%? Since _November_? ...Poopy-headed rant off... :)