Lion is King

Dryships' Increasingly Valuable Fleet of Vessels

DRYS? Ah yes, I got this one last year on it's way down from $131, and followed it all the way to $50s. After the Q4 & overall 2007 results, the fact that the CEO has his own money riding in his investment (DRYS, OceanRig) and all the latest price targets convinced me to follow it up to the mid $70s after that it will be sweet sailing all the way to $150s or its equivalent if they split.

So, with all due respect, my doom and gloom - it's the end of the world as we know it - subprime crisis - housing market - credit crunch fearing - $20/share buying - long term/short term pesimistic friends, the only way to catch a falling knife is by the handle.

When you aim for a stock aim for the best, don't go for the legs go for the throat.