DSX Lover

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    • Fri Mar 7th 14:59 PM | Rating: 0 0
      Commented on:
      8 Reasons To Buy Apple Stock Now
      Don't Buy Apple until Mr. Jobs announces a Stock Buyback with that Pond of Cash that he has.
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    • Fri Mar 7th 14:56 PM | Rating: 0 0
      Commented on:
      8 Reasons To Buy Apple Stock Now
      Buy Apple when it gets to $100 or say Bye to your Apple. Or Bite an Apple, with $5 Forward earnings and decreasing consumer spending, estimates are way to high and at $100 is a P/E of 20 which is not very cheap for this type of market. China's inflation at 7.5% will create a collapse in that economy when no one in the U.S. is able to buy those expensive exports. No one will be able to afford Iphone in China, and U.S. consumers have their house to worry about, and won't have money to spend in electronics.
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    • Thu Mar 6th 10:14 AM | Rating: 0 0
      Commented on:
      WaMu: WSJ Backs Up My Sell Recommendation
      You won't have to worry about current executives being compensated by the end of the year. With a current $10.2 Billion Market Cap, WAMU will can be taken over with a 100% premium at 80% of Book Value. Look for JPM, or HSBC to get them at a huge bargain. Also ING and Barclays have had stellar results and both of them have excess capital.
      WAMU is so large that It won't be let go out of Business by the FED. It is a horribly run company, but with $324 Billion in assets, is worth a lot more with someone with cash, willing to take on the benefits of strong deposit base and future economies of scale.
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    • Wed Mar 5th 18:58 PM | Rating: 0 0
      Commented on:
      Thornburg's a Huge Bargain After Monday's Crash
      Deal of the Century below $2 per share in Afterhours.
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    • Fri Feb 29th 11:25 AM | Rating: 0 0
      Commented on:
      Thornburg Is a Great Buy on This Dip
      I totally agree. The changes in the Fannie Mae and Freddie Mac limits, raising the caps on individual mortgages, and the cuts by the FED will also help Thornburg's Premium Jumbo Loans, and will increase the company's liquidity and profitability. Thornburgh's Credit portfolio is excellent, and the company is selling below book value. With only Capitalization of $2 Billion, the company could easily be taken over by overseas Cash, Like Barclays (BCS), or ING, even the local JPM. The two foreigners have excellent capital ratios, very limited exposure to Subprime, which has almost been written down entirely off their books, and excess capital to invest in a Market were the news are far exceeding the actual situation of it.
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    • Thu Feb 28th 08:56 AM | Rating: 0 0
      Commented on:
      DRYS: Shipper of the Global Commodities Boom
      I'm not on Dryships, because its going lower. When I drops to $70 I might buy it Depending on the BDI Index. George is a clown for bleeding the company's future for a stake in Ocean Rig. That huge debt will catch up to the company regardless of swaps or whatever hedge the company has, 1.250 Billion cost a lot to finance regardless of what you do. The BDI rates will not reach the high of November in 2007, and earnings will be lower, regardless of how many millions of capital gains does the company get from selling ships. There is no such thing as growth in earnings for 2008, 2007 was the peak year in rates, all the big charterers are already hedging with long-term charterers (Cargill, Bunge, BHP Billiton, Rio Tinto), Vale has been buying its own ships since last years, and I'm going to laugh when the BDI rates drop, and Drys fails to take advantage to charter long term. China can't be exporting 7.5% to the rest of the world, and expect to keep the whole world growth story to remain intact. I'm not a Bear, but these rates and commodities, have gone up too quickly. Millions have been made in the way up, but more millions will be made in the way down. Look at the hype in Apple and Google, and where they are at now.
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    • Wed Feb 27th 19:01 PM | Rating: 0 0
      Commented on:
      Solarfun Power: Classic Short Sqeeze Setup
      LDK is truly setting itself up for a shortsqueeze, just like STP yesterday. Be ready to take your profits on LDK and run.
      Buy FSLR 40 points lower.
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    • Wed Feb 27th 18:59 PM | Rating: 0 0
      Commented on:
      Solarfun Power: Classic Short Sqeeze Setup
      SOLAR NO FUN BABY. David you're an idiot. Too bad I can't short that Chinese JUNK to Zero. Look at STP yesterday moron!!! That is what you call a Shortsqueeze. When do I buy SOLARFUN now?????? WFR is going down too because of Profit taking, but worth the Risk. Don't bet on Chinese JUNK with Phony Financials, and tricky convertibles with hidden Surprises.
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    • Wed Feb 27th 16:25 PM | Rating: 0 0
      Commented on:
      Dry Bulk Shipper Anomaly in Spot Pricing Creates Buy Opportunity
      Its $117 for a Capesize today, and the information that the rates are going up to $135 to two years is innacurate. Look at the deployment fleet on DRYS website and you will see that it has Capesizes for $76K per day on Spot, because those are the rates that the chartered got between Nov-Dec when the trip was booked. That is huge drop from the record $184K per day booked on the previous trip. DRYS Spot rates are so volatile also because of port Congestion, in some ports of Australia the waiting time is higher than 30 days so there's no need to rush the shipments if the bulks are going to be waiting for that long. DRYS has massive debt, and unpredictable earnings, that's why is not worth $120 today. The record earnings for Q4 will not be duplicated again, and if you look at the fleet deployment you will see that most of the Panamax Fleet is chartered at rates between $45K and $60K a day and not the $85K a day it got on Q4. According to analysts in the Capital Conferences the average for Panamax for 2008 is 55K and 105K for Capesize. So make your earnings forecast based on those, and not the 95K and $175 it made on Q4. The Chinese economy will cool off after the Olympics and with that 65% increase in Iron Ore Prices and 7.5% inflation, China is exporting inflation that the World is not going to be able to pay. All these risks are priced in the Stock.
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    • Tue Feb 26th 23:36 PM | Rating: 0 0
      Commented on:
      Did the Market Overreact To Google’s Paid Click Decline?
      Mikee you're an idiot!!! Microsoft is going to get Yahoo and smack Google like a Pinata!!! You will make more money on Softie.
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    • Tue Feb 26th 23:17 PM | Rating: 0 0
      Commented on:
      The Sham of Sovereign Wealth Fund Negotiations
      SWF and Governments are not going to be buying U.S. Treasuries at 4%. They are not going to be buying Treasuries at all, they only bought them in the past because they didn't have money, and they had such a whole with their local currencies that they looked into the Dollar for stability and for reserves. This is not longer the case, so the U.S. better start paying off all that Uncle Sam Treasury Debt, because no one wants it, and unless is all paid off very soon, the U.S. is going to be poor.
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    • Tue Feb 26th 22:24 PM | Rating: 0 0
      Commented on:
      DRYS: Shipper of the Global Commodities Boom
      Hey long term investor. DSX just announced a 5 year long term charter for 50K a day on a Capesize ship that will be delivered either on Q4 of 2009 or Q1 of 2010. The 5 year charter is worth a minimum of $82 million, while the ship price oder is only $60 million, but it is most likely that the ship will cost between $110 and $135 by the time it is delivered do to the increases in steel prices. Still a heck of a deal, for a ship with a 25-30 year lifespan. It also has the highest 6 year charter, per day on a Capesize in its books, for 75K a day. By the time they get that 2009 delivery the company won't have any debt, and the dividend will be stable and growing, without fear of spot rates fluctuating like crazy.
      ESEA looks good except, that it manages a very old fleet, with good cash flow for now, but most likely to have ships scrapped within the next 5 years, decreasing the earnings, cash flow and dividends. Older ships will be harder to charter in the future because they are not fuel efficient for the companies taking on the time charters.
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    • Tue Feb 26th 14:50 PM | Rating: 0 0
      Commented on:
      DRYS: Shipper of the Global Commodities Boom
      DRYS has seen its best earnings in Q4 2007. Q1 2008 will be lower, and so will be the rest of 2008. It will have to service that huge debt, with lower profits. The Ocean Rig investment was horrible, a 25% interest in a company with no profits and almost a $1 Billion in Debt. If George Economou wanted Rigs he should had bought two that were just sold from the GSF RIG merger, at much better prices instead of leveraging $400 million, for a 25% stake in a company that lost $50 million last year, with just $265 in equity and close to $1 billion in debt (Way overpriced). Those Rigs will not even make over 200K in net profit for the next three years at the higher rates which at 10 P/E would value the company at $2 Billion in 2009. George should had serviced the debt instead of leveraging the company for that JUNK!!!!!. If spot rates fall DRYS will fall huge. As for DSX, it won't even matter, because it has almost 0 debt, and stable contracts. We will see in 2009 when spot prices are weaker, and DRYS earnings are half of what they are now.
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    • Tue Feb 26th 11:33 AM | Rating: 0 0
      Commented on:
      DRYS: Shipper of the Global Commodities Boom
      Dryships cannot be compared with DSX. Dryships goes spot on all time charterers, which are very volatile, has over $1.250 Billion in Debt, which is very risky, and a swing in the BDI or in interest rates, can throw off earnings down the toilet. It will have to pay more interest in order to serve that huge debt. Aside the 65% increase in the Iron Ore contract from RIO accepted by the steel builders is well below the spot price, and those increases are beginning to show inflation in CHina with 7.5% inflation rate, those increases will not be sustained.
      Analysts at capital Link shipping expect Panamax rates at 55K and Capesize at 105K for this year which is were they are at now, and well below the rates for Q4 experienced by the earnings in DRYS.
      DRYS will be shorted a lot, because of BDI volatility and that huge Debt on the B/S which makes it very risky, its fleet is getting old also.
      In the other hand DSX, has brand new ships, averaging less than 5 years old, only 100K in debt and long term charters which provide stable visibility along with an 8% dividend yield. 6 Capesize ships chartered for 5 years, with 2 Panamax at 2+years. 12 Panamax on short term in order to take advantage of strong BDI with only 2 of those ships with rates above the current BDI rates. It is a much conservative company, with a stronger Balance Sheet and high dividend, which is less likely to be shorted. Just look what is happening to DRYS today, and how DSX is stable.
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    • Mon Feb 25th 22:57 PM | Rating: 0 0
      Commented on:
      Solarfun Power: Classic Short Sqeeze Setup
      No SolarFUn for you Baby. Stick with STP or FSLR
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