icanpress

RIO's Rising - Cramer's Lightning Round (6/9/08)

Cramer creates manic movements north south east and west. Stick to your own fundamentals

Dryship's Transformational CEO

Agree.....wholehearted... I picked a solid position of DRYS right after a sub$60 dip in March. I have watched grow quickly, with still lots and lots of upside. The shorties have killed it, but look out, there's nothing left to short and margin calls will ensure that this baby keeps going up. Like ATW, TDW, DO, being locked in to long term contracts, with upward provisions, means that investors can pretty much bank the earnings and hence share growth for years to come. The spot rates will continue to climb and surprise analysts (guessing merchants) q after q. It's a company that I'll stay long for a great deal of time to come. Go Mr. Economou!

DryShips and the Oil Rush

Watch DRYS hit $150 inside a year - ridiculously low PEG & PE; insatiable demand for its dry shipping capacity coupled with capacity constraints across major commodities markets - Australia, Brazil, Russia; never mind it's debt/equity ratio which will be paid down at a rate of knots due to massive cashflows from forward contracts, hefty spot rates, and love the move into deepwater drilling. Go Mr. Economou!!!!