Anyone else trading Crazy DCIX "DRYS 2.0" Wild

[algofy]

Wow, this feels like a penny stock tip newsletter from back in the day.

 

[d08]

Nothing wrong with trading them, plenty of opportunity. The problem is that 90% of the time there are no shares to short so you're only participating on the long side.

 

[Landonfisher]

The demand for coal shipments is growing exponentially. Coal is the second largest demand source for dry bulk shipping, representing 25% of all cargoes.

At the end of last month, Dryships announced that it agreed to acquire a Newcastlemax drybulk carrier and a Suezmax tanker (both constructed in China).