I urge every investor to think real hard if they can afford to lose the money put into DRYS. If you won't feel any pain losing it all, then this speculative play (and that's what it is) could very well be worth the risk. But if this is money you cannot afford to lose (e.g. your retirement funds, kids' college funds), don't mess with DRYS. There are so many better companies with solid balance sheets at bargain-basement prices.
DRYS lacks a certain transparency or trustworthiness that scares the hell out of me. Good old George laughed all the way to the bank before (at investor's expenses); he can do it again.
Of course, never ever bet the farm on this one horse (fleet of ships).
DryShips: The Time to Buy Is Now [View article]
DRYS lacks a certain transparency or trustworthiness that scares the hell out of me. Good old George laughed all the way to the bank before (at investor's expenses); he can do it again.
Of course, never ever bet the farm on this one horse (fleet of ships).