This is great analysis, but could we be missing the Forrest for all the trees here? For me, to go long - I need a better reason than re-figuring balance sheets. DRYS have done a terrible job managing their business and the macro truth remains - demand for shipping and products is down down down.. will they survive? maybe. But beaten down companies with better macro prospect are a dime a dozen these days.. Nevertheless, great piece, thanks.
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This is great analysis, but could we be missing the Forrest for all the trees here?
Feb 09 11:37 am
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All Comments by guliamo »DryShips: The Time to Buy Is Now [View article]
For me, to go long - I need a better reason than re-figuring balance sheets.
DRYS have done a terrible job managing their business and the macro truth remains - demand for shipping and products is down down down.. will they survive? maybe. But beaten down companies with better macro prospect are a dime a dozen these days..
Nevertheless, great piece, thanks.