The disparity of 17 cents already this morning with light trading makes you wonder if this is the start of liquidation?
The spammers are working this stock to death causing the ups and downs for short term trading. Not a good trend. Many good truthfull posts have proved this stock is no longer a responsible long term holding....
Did everybody notice that the
Did everybody notice that the Target Price was reduced this morning from $1.70 to $1.50. With the negative analysts reports, this bucket of bolts is in it's final gasping......
This is a quote from Motley Fool, they fear DRYS is also in big trouble of going under.
The rest of the industry isn't much better. Eagle Bulk Shipping (NASDAQ: EGLE ) has a market cap of $31.2 million and doesn't have any profits on its horizon. Excel Maritime Carriers and Genco Shipping are worth just $53.5 million and $136.8 million, respectively, and neither is expected to reach a profit in the next year. The dry bulk business is sinking fast.
analysts are looking backwards not forward.They also loved aapl @700. Smart guys like wilbur ross make fortunes. sir templeton said to buy when there is massive pessimism and sell when maximimum optimism