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Gabriel Sebastian

Real Money Earned: $2.91
Location: Hialeah, FL
Member Since: 9/05/07
Portfolio Total:$976,893.05

Stock Analysis: 28

Portfolio Start Date03/02/08
Annualized Return:0%
Total Return:-2.3%

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Stock Pick by Gabriel Sebastian

DRYS: FRAUD FRAUD FRAUD

Start trading DRYS with real money!

Rate Analysis

3 ratings

Posted 296 days ago on 1/29/09

Market call:DRYS will go DOWN
Target: $2.00 on 2/28/09
Current: $6.29 (-26.52% from time of market call)

The owner arrainged for the purcahse of some ships from a company that his exwife is the owner and he is the chairman. The contract stated if the deal didnt go through, the owners of the ships would get paid 50,000,000 shares at par value .01. Wow that isnt too easy to decipher. It is easy money for me to have the contract fail and reward my other "PRIVATE" company with a boatload of stock at a .01 when the current price is around 9.00 by just failing to comply. People who buy this stock are the same morons who buy into million dollar creations out of thin air.

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Comments

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Gabriel Sebastian	Posted 2/3/2009, 11:27 am Importance of selling when you are ahead. Reatined earnings. In an effort to be alittle greedy, I dint take off all of my shares of DRYS and ended up not retaining all of my earnings.
Gabriel Sebastian	Posted 2/2/2009, 10:09 am My earnings on shorting this pick DRYS $4.84 $9.39 $156,010.50 48.41% -34,310 -$166,060.40
Randy Geroux	Posted 1/30/2009, 3:49 pm Thanks to you i got out of my buy early enough that i took a few k loss, have it short again but limited amount so if it does go up ill still clear 25k overall for the last 2 days. Thanks and im glad i read this.
Randy Geroux	Posted 1/30/2009, 9:47 am sorry 8.56 rebuy
Randy Geroux	Posted 1/30/2009, 9:44 am I also shorted it but at 11.50 then re-bought at 8.36, guess ill find out in 10 mins when market opens if the buy was a dumb move or not. Thanks for the info

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