UpDown Stock Analysis Comments For 'A definite BUY' (DRYS)

RE: A definite BUY (DRYS)

Mon, 04 May 2009 18:30:57 EDT

By BLProdigy

It's Coming Back!!! 105 is probably too drastic, but 20 might not be...

RE: A definite BUY (DRYS)

Tue, 20 Jan 2009 09:55:15 EST

By BLProdigy

eh why has the earnings incresed then??

RE: A definite BUY (DRYS)

Fri, 16 Jan 2009 20:36:59 EST

By sebutler@fordham.edu

Very unrealistic target.

RE: A definite BUY (DRYS)

Fri, 16 Jan 2009 10:58:18 EST

By IndexBeating

Sorry, shipping rates implied by Baltic Dry Index: http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm

RE: A definite BUY (DRYS)

Fri, 16 Jan 2009 10:57:06 EST

By IndexBeating

While it is true that DRYS owns a fleet of ships and is currently trading at about 2/3 tangible book value, their earning power has nearly disappeared. What they charge for shipping is down 90% since the Summer, making shipping barely profitable. Looking at the income statement, their revenue is apx. 330M and COGS is 52M. If their revenue goes down by 90% they will swing to a loss. You can see more on my investment strategy at indexbeating.com

RE: A definite BUY (DRYS)

Wed, 14 Jan 2009 13:04:56 EST

By rgere387

Dry Ships is a Jim Cramer Pick http://www.madmoneyfund.blogspot.com/

RE: A definite BUY (DRYS)

Wed, 14 Jan 2009 13:00:52 EST

By BLProdigy

ADDENDUM: Oil's high point was actually just under 150 at $147.27