DRYS realist

DryShips Deserves More Love

You can tell the average education of the people replying here. Those who are market kids think that firms have lowered guidance which is not true. Those who think debt and issuing shares is inherently bad I also place in the same group.

If DRYS is a pile of crap, then I will keep buy these piles of crap and let the REAL stocks which meet the true description alone.

The reason the stock is down has to do with the beta of the stock and the way it pops up on screeners which hedgies who are panicing for ways to make money see that the stock is vulnerable and try to ride it down.

If you dont like the stock, then in the short term as George says, sell it and put the money in a market fund or a boring dividend paying, low margin DSX stock.

I like the risk and the prospects and will keep owning the shares for years into the future.