Gaucho

Why I Prefer Excel Maritime to DryShips

I find it amazing that DRYS is currently leasing two drilling platform for 1.2 million a day total and about 900K a day positive cash. Then we have people shouting they are going BK. BS is all I can say. Once DRYS renegotiates the remaining 25% of their outstanding loans then the shorts (over 40% short) will need to create another "the world is ending for DRYS:" story.

A good sign is that Cramer is bashing the hell out of this stock. He is a front for the hedge funds and will do their bidding. Another stock I own is DNDN and he is bashing the hell out of that one every day. I two weeks they will announce the results of yet another positive Phase three trial and the we will see it go from the 6+ to 30+. My last purchase was in the low 3's just two weeks ago.


Remember the louder that jerk Cramer yells sell the more trouble his hedge buddies are in.

Cramer's Lightning Round - Getting Out of Line (4/2/09)

Cramer is such a tool for the hedge funds. DRYS has reached an agreement with the banks that hold 75% of the debt. When they reach an agrement with the other 25% then he will find someting else to bash. After all his hedge funds budddies are in trouble since they thought the company would go under and established a short position of 40%. The company is a cash cow with the rental of its two deep drilling platforms generating 1.2 million revenue a day. They currently have approximatelly 1 billion in the bank

Listen to Cramer at your own risk

DryShips: Not Concerned by 'Going Concern' Warning

YOU MISSED a very important item. DRYS will spin off a drilling platform company call Primelead the second 1/2 of this year. That company with a PE of around 4 is expected to fetch at least 15 per share and the DRYS share holder are expected to get a full share to 1/2 shre of this company. They currently have 2 drilling platforms drawing 1.2 million in revenue per day and have 4 other plaforms on order and to be delivered in 2009 2010 2011 and 2012. These are expected to gain revenue of another 2.4 million per day. This company is just a gold mine and all we need to do is wait for the spinoff. With that said, the shorts want to control it. There are probabily millions of unreported naked share that they are going to need to cover or they are screwed. SOO you will see the media prostitutes beat the hell out of this company in the mean time. Do not listen to the financial media they are there to beat the bushes for the hedge funds and flush the weak handed rabbits.

DryShips: The Time to Buy Is Now

The shorts are on this one big time. When it goes below 5 and the margin calls force out all the reatail investors then they can cover. Right now huge numbers of shares are being traded to drive it into the ground. Forget the SEC they are just whores for the hedge funds.

Dry Bulk Shippers: Good to Go

What the did not say was that the DRYS has invested its cash into buying a drilling platform company and new deep water drilling ships. Leasing oil platforms and drilling ships is a natural step for a company that leases dry bulk ships. DRYS eventually pay for most of the acquisition with the cash from operations.

The lease price for the drilling platforms is about 650K a day and rising. The price of oil should remain high and the deep water drilling ships and platforms are in very tight supply. I expect that the return on investment is around 17% and growing if they kept the company.


DRYS CEO stated at the last conference call that he wants to spin the ocean drilling off in1-1 1/2 years. It has been estimated the markets cap from such a spinoff would be around 5 billion. The CEO of DRYS said he will keep a portion of the company its spins off.

I think that he will spin off 50-60% and get all his investment back and still hold nearly 1/2 of a very profitable company. This kind of diversification continues to show the business savvy of DRYS CEO.

A Rising Tide Will Raise DryShips - Barron's

Another company the shorts have beat to death is CALM. It has 87% of the float shorted!!! Earnings last quarter wer3 over 3 times the year before and beat expectations by 20%. Do your own research this one will fly one day. The shorts have run out of shares to borrow.

DryShips and the Oil Rush

Well the answer to many questions is called MANIPULATION. DRYS has a large shot position. Have you guys ever heard of selling into the bid??? Just go to yahoo DS board and look at the number of bashers flogging this stock. Hedge funds have huge money and they beat the shit out of many good companies. Other examples are CALM P/E of this year will be about 3, DNDN major shift in the way cancer is treated yet huge short position keeps the stock down.

As long as the SEC is a whore for the Hedge funds then we will have situation like these.

Bullish on Commodities? Consider DryShips

USER stop your bashing. I know you work for the hedge funds that are shorting DRYS.

Here are some of your BS statements:

'Third, most people seem to think the investment in ocean rig is a bad idea" I did not know you did a sample survey of the whole investment community. This is a great basher trick, make people believe that every one thinks this is a dab Idea.


Here is another example of half truths:"Also, the CEO purchased 4% of the company himself, which has gotten drys on the hook to potentially be forced to buy the rest of the company do to norwegian law. " Norwegian law says an offer must be made, but it does not say how much. Besides it is becomming obvious that he wants to diversify DRYS from just renting shipping to also renting oil drilling rigs.

Here is an example of an exageration:"there is an expected massive influx of new ships in 2009 and 2010." Yes more ships are to enter the market but many existing ships are over 25 years old and ready to be scrapped.

Here is another examople of doom talk and general bashing: "PE is not correct, the company has sold another 4 mil shares, so the total shares outstanding is now over 40mil as opposed to 36 mil, which as a percentage is rather large. " I guess 11% is rater large to you but not to most of us. He did raise 600 million for the purchjase of ocean rig. No the P/E will remain about 4 due to the huge ncrease in the shipping rates.

All in all your BS is full of half truths and hugely negative slants that rae missleading

Bullish on Commodities? Consider DryShips

The only thing holding this stock back is a hedge fund that still has 5 million shares shorted. They controlled the price all day and limited any significant upward movement. It called selling into the bid a typical manipulation method.

Dryships' Short Squeeze Potential

The above guy said "Most analysts are looking at cash flow, and this includes in tankers, or alternatively at the NAV relationship to price."

The cash flow on DRYS is huge while the stock is selling for less than NAV.

ANOTHER STOCK BEING SQUEEZED is CALM
It has a PE of 8 and huge growth. About 85% of the stock is shorted!!!! Look at the price over the last month. The shorts should have bought in at about 8. The stock is over 36 with 12 million shares shorted. That means the shorts are under water over 300 million dollars and increasing.

DryShips Deserves More Love

Man there are a huge number of bashers here. If you believe what Forbes, the mouth piece for the hedge funds, then you will believe anything.
You can see an increase in the number of hired bashers as the number of shorts increase. They try and drive the price into the ground with market manipulation and bashers and their financial media. The only problem with this shorted position is that the shipping rates (BDI) have been rising through the roof. How do hedge funds handle this one? Well they don't back out they just keep shorting giving the historical unlimited amount of funds that they can borrow. The credit window is closing and within 6 months the naked short route will start to close.

With all the banks in trouble why in hell would they short a company with huge earnings growth and management with a history of making fantastic deals in favor of the company?

Who you gonna believe the financial or the sheep herders?

Dry Bulk Shipper Anomaly in Spot Pricing Creates Buy Opportunity

According to the Friedman Billings and Ramsey's analysts who wrote this article on Feb. 25th, world wide power plants need to immediately purchase 150-200 Million Tons of coal in order to replenish their reserves which have fallen to dangerously low levels as a result of the flooding in Australia, the chronic power outages in South Africa and the coldest winter in Southern China in fifty years. These events collided in a near perfect storm to severely disrupt world wide coal mining operations for several months. In addition, this article also forecast that by 2012, the world will require another 1.3 billion tons of coal to be mined and shipped in order to satisfy 1,000 new coal powered plants which are being built to provide the world with an additional 300 gigawatts/annum of power. Since most of this coal will be shipped from Australia, Africa, North America and South America to Asia and Europe, the world will need a heck of a lot more dry bulk cargo ships both in the short run and in the long run. To put this into perspective, to haul another 1.3 billion tons of coal using ships which carry on average 100,000 tons per trip, will require an additional 13,000 dry bulk freighter trips per year. This does not account for other huge freight increases which will also occur from shipping commodities such as iron ore, cement, copper ore, etc.
Additionally Japan importing from the US for coke/coal due to problems in Australia.
The recent resolution of negotiations for the ore prices and subsequent catch up in shipments you have a perfect storm for the dry shippers.

Dry Bulk Shippers: The Rebound Begins

Look at drys beat earnings est of 4.08 with 4.50. That puts it forward PE ration at 4.7. That is an insane number. The shipping rates are rising and the BDI is up yet again today. This stock should be selling @ 130 not 85

A Rising Tide Lifts Bulk Shippers

Although the number of ships that he controlled may have been low it all depends upon how many he leased during that time. Many ships are leased for 6month to two years duration so the number on the spot market at any given time could be very low. With 20-30 ships leased at a steeply lower price over a two month period could collapse the price.