Anybody in on the dry bulk shipping action? (DRYS)

GNK's chart looks good. I day traded them twice very profitably way back when in the nearly rebounding heydey of dry bulk (6/4 & 6/5). Where's our resident expert Cygnus Atratus:p
 
Wonder where dryships is going tomorrow, considering the outcome of today's investor conference in New York featuring none other than our very own Gorgeous George.
hah

glug



glug



glug.


Just go up to $130 already
 
stock_trad3r says:

dryshiping still sucks though
More...
DRYS has been going down but its time to buy DRYS again. A close above 85 will get me excited. We may be getting ready for another run toward 100.
 
Quote from spreadem:

DRYS has been going down but its time to buy DRYS again. A close above 85 will get me excited. We may be getting ready for another run toward 100.
More...

I think you are right. I like it right here.
 
Quote from NoDoji:

GNK's chart looks good. I day traded them twice very profitably way back when in the nearly rebounding heydey of dry bulk (6/4 & 6/5). Where's our resident expert Cygnus Atratus:p
More...


Closed my TBSI short (opened at USD$5*.**) when it printed USD$**.**. Capesize rates (real driver for overall dry bulk sector) are looking mixed. Donno what they are smoking but steelmakers are accepting iron ore prices 95% higher than last year :eek: , maybe they know something we don't ? Will look at these donkeys again after 3rd week August...


P.S. I am by no means an expert, simply do my research before l start shooting and beheading :D The same stocks you trade are also traded by investment banks, hedge funds, robots, and industry insiders...
 
It seems that ET posters do not have enough
brain cells to do fundamental analysis, but
seemingly you people have enough brain cells
to still press the buy/sell button. No wonder
the quant hedge funds make money, but
hey why don't you donate your money to
me instead.

Here is some fundamental analysis. DRYS
stock is somewhat questionable because
the one manager GE's (George Economou)
ethics are somewhat questionable.
Still if you are a relative, I suggest applying for
a job. As long as dry bulk shipping rates stay
high DRYS will have large earnings.

Even more interesting, if any of you ET traders
were smart enought to buy Olso exchange
stocks, you could buy Golden Ocean dry bulk
company run by the Norwegian "pirate"(?)
John Fredricksen who actually shares profits
with retail share holders by paying large
divdends and planning ahead for ship buying
opportunities and over-building problems.
But hey the second derivative of the Elliot
wave doesn't look good to you technical
analysts so why bother.
 
Quote from vanv0029:

It seems that ET posters do not have enough
brain cells to do fundamental analysis, but
seemingly you people have enough brain cells
to still press the buy/sell button. No wonder
the quant hedge funds make money, but
hey why don't you donate your money to
me instead.

Here is some fundamental analysis. DRYS
stock is somewhat questionable because
the one manager GE's (George Economou)
ethics are somewhat questionable.
Still if you are a relative, I suggest applying for
a job. As long as dry bulk shipping rates stay
high DRYS will have large earnings.

Even more interesting, if any of you ET traders
were smart enought to buy Olso exchange
stocks, you could buy Golden Ocean dry bulk
company run by the Norwegian "pirate"(?)
John Fredricksen who actually shares profits
with retail share holders by paying large
divdends and planning ahead for ship buying
opportunities and over-building problems.
But hey the second derivative of the Elliot
wave doesn't look good to you technical
analysts so why bother.
More...


If your so smart tell us what US listed shipper does John Fredricksen control over 30% of the float and often lends a large percentage of that out to short sellers?:D
 
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