163888, an investor doesn't make money based on the size of the fleet. I was just pointing out that if you were trying to decide which stock to buy in mid-2006 (I chose that time frame because both stocks were beaten down) you would have had roughly twice the price appreciation if you chose DRYS over DSX. What does it matter which company has more ships? I think Diana Shipping is a fine company (maybe it has more conservative management and therefore less risk) but there is no doubt which has been a better investment over the period. My post was really a response to DRYS being referred to as a laughing stock - that is the kind of message board nonsense that helps no one.
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163888, an investor doesn't make money based on the size of the fleet. I was just pointing out that if you were trying to decide which stock to buy in mid-2006 (I chose that time frame because both stocks were beaten down) you would have had roughly twice the price appreciation if you chose DRYS over DSX. What does it matter which company has more ships? I think Diana Shipping is a fine company (maybe it has more conservative management and therefore less risk) but there is no doubt which has been a better investment over the period. My post was really a response to DRYS being referred to as a laughing stock - that is the kind of message board nonsense that helps no one.
Apr 03 10:22 am
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All Comments by drys long »DryShips and the Oil Rush [View article]