Hi tenaedi.
You won't be surprised to read that I see the response to DRYS earnings as a bit disappointing given their results. I did manage a quick trade, but not enough profit to pay the mortgage!
FREE much more exposed to spot market than DRYS, but maybe there's some indicators here for what we can expect next week?
What are your thoughts on the market's response? Still expecting DRYS to double by September?
If so, what's the stimulus going to be for the move up given we now know they're booked out through 2010 and well into 2011, i.e. revenues are pretty much known for next 2-3 Qs?
Appreciate your thoughts please.
thanks,
sjm