The stock does perform poorly, but the sector is down in general due to the fluctuation of the BDI. As a large long holder of this stock, I can only look toward the earnings announcement and an improvement in the day rates as the better season progesses. Hopefully, then, there will be an ending to the short sell beating and the stock can move to a more fitting level as the author points out.
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The stock does perform poorly, but the sector is down in general due to the fluctuation of the BDI. As a large long holder of this stock, I can only look toward the earnings announcement and an improvement in the day rates as the better season progesses. Hopefully, then, there will be an ending to the short sell beating and the stock can move to a more fitting level as the author points out.
Apr 02 16:17 pm
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All Comments by downnotout »DryShips and the Oil Rush [View article]