JAJAJA! I said it once and I'll say it again, in response to a comment someone made that DRYS was a falling knife back when it fell to the $70-$50s, the only way to catch a falling knife is by the handle. I mean just look at the fundies in the shipping industry, they're intact. The reversal we all saw in the BDI rates had no fundimentals to back it up, that's why it's making new records every day. The demand for ships to deliver is still there( consider the China earthquake they're going to need commodities no matter what! ). Also, look at oil prices $135.00 man alive!!! regardless of the reasons for these prices( demand, geopolitical, etc. ), oil companies have to go look for some more oil out there in the deep, and for that they UDW drill ships.
DRYS fell for the wrong reasons, and its going up for right reasons. Simple as that.
JAJAJA! I said it once and I'll say it again, in response to a comment someone made that DRYS was a falling knife back when it fell to the $70-$50s, the only way to catch a falling knife is by the handle. I mean just look at the fundies in the shipping industry, they're intact. The reversal we all saw in the BDI rates had no fundimentals to back it up, that's why it's making new records every day. The demand for ships to deliver is still there( consider the China earthquake they're going to need commodities no matter what! ). Also, look at oil prices $135.00 man alive!!! regardless of the reasons for these prices( demand, geopolitical, etc. ), oil companies have to go look for some more oil out there in the deep, and for that they UDW drill ships.
DRYS fell for the wrong reasons, and its going up for right reasons. Simple as that.
A Rising Tide Will Raise DryShips - Barron's [View article]
Up 7% today!!! that was a thing of beauty. Looks like the commodity demand can't be put on hold too long. Well, it will be in full effect now. Who r you gonna call? Dryships w/ the largest fleet floating around.
Soon, Dryships is going to need one of their own Cape size vessels to move all their multimillion earnings to their bank account. This stock is ready to POP!!, my doom and gloom friends. Long DRYS!!!!
Dryships' Increasingly Valuable Fleet of Vessels [View article]
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.
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Latest | Highest ratedDryship's Transformational CEO [View article]
DRYS fell for the wrong reasons, and its going up for right reasons. Simple as that.
Dryship's Transformational CEO [View article]
DRYS fell for the wrong reasons, and its going up for right reasons. Simple as that.
A Rising Tide Will Raise DryShips - Barron's [View article]
Who r you gonna call? Dryships w/ the largest fleet floating around.
A Rising Tide Will Raise DryShips - Barron's [View article]
Bullish on Commodities? Consider DryShips [View article]
Long DRYS!!
Dryships' Short Squeeze Potential [View article]
Dryships' Increasingly Valuable Fleet of Vessels [View article]
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.