billf921

Good News For Dry Bulk Shipping

one other thing, as higher oil prices ripple thru the economy, a slowdown will happen. this slowdown will lowr dry bulk rates and profits

you don't want to be in any bulker stock if and when that occurs

Good News For Dry Bulk Shipping

drys is down from 115 to 75 as the ceo has strayed from drybulk to ocean rigs. btw, he grossly overpaid for ocean rigs and dumped the crap to drys public holders.

secondly, the ceo has no problem issuing himself one million shares worth 75 m.

third, the ceo private company took long term charters at th public share holders expense

I cant get over his self serving moves and cashed out a million dollar position.