DRYS has $.51 eps for the first half so $1.00 isn't much of a stretch for the year giving it a P/E a little over 4. Trade indices like BDI are turning up. Sometimes "investors" view things from a point of view that is too close and make decisions without merit. Many are making such decisions currently about stocks like this and FREE, etc. Lets continue to systematically accumulate. These shipping companies have learned to make profits during extremely hard times. It will serve them (and us) well as economies improve.