bulkshipper

Dryship's Transformational CEO

It is trueGeorge does skim for him and his familhy as do most CEO's, but the earnings are scrutinized closely many (I am sure by you Bill and jdpdx). The BDI and his fleet deployments don't lie and OCR is owned by Drys and will profit Drys stock holders. I am long because of the fundamentals that George has created even though he skims. Bill and Jdpdx, I am sure your motives are pure (you don't short Drys or own another shipping company you would like your readers to buy instead). I am sure all your time investment in the many negative DRYS posts over the last several months are to ensure that those who invest in DRYS don't get hurt. Well I am long DRYS and I think I am up about 200% in one year. OOO it hurts to be long DRYS up 200 is just killing me.

Show Some Respect for Shipping Fundamentals

Zaro says Drys is over bought yet it has the lowest pe of any of the dry bulkers with pe 6.8 - egle pe 26, gnk pe 12, exm pe 10, dsx pe 15 even though it operates on spot (short term) so is in the best position to take advantage of current and raising BDI levels. He should correct this. see previous artilces in alpha on drys.

Dryships' Increasingly Valuable Fleet of Vessels

The stock doesn't need to be pumped. Analyst target 114. Its at 62. PE 4.6. Even at the current BDI the stock will meet target. BDI is predicted to excellerate as ore begins to move again from Brazil and Australia. The ore negociation difficulties and bad winter in China created a backlog. Grain season starts very soon. Looks like the perfect positive storm. I feel sorry for the shorters.

Dryships: Undervalued Compared to Competitors - and the Market

Past history is the best predictor of future results. Inspite of George's "curious" ways, he will blow the pants off competitors at next earnings report and the big boys will be buying. All shipping analysts indicate that the BDI will be strong this year and Drys' is in the best position to take advantage. Maybe Goerge isn't a genius but the proven history of his charter negociators at Cardif are. Ocean Rig deal at worst will break even at best could do better than shipping. PE at 4.2 I'm in even with the curiousities.