datsthatCapitol

Rainy Day

Real Money Earned: $1.00
Location: Seattle, WA
Member Since: 3/06/09
Portfolio Total:$1,594,115.93

Stock Analysis: 3

Portfolio Start Date03/06/09
Annualized Return:84%
Total Return:59.4%

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Stock Pick by Rainy Day

DRYS: DRYS upgraded

Start trading DRYS with real money!

Rate Analysis

2 ratings

Posted 218 days ago on 4/17/09

Market call:DRYS will go UP
Target: $11.00 on 5/17/09
Current: $6.29 (-10.01% from time of market call)

1) DRYSHIPS was upgraded to OUTPERFORM (4/17) 2) Baltic Index (BDI) 20 day moving average creeping upwards 3) BDI is a forward indicator whereas the unememployment rate is a lagging indicator 4) With Oil so cheap compared to last summer, companies buying oil and keeping them in these rigs. The daily cost is not cheap!

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