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DryShips, Inc. Message Board

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  • osulinn osulinn Aug 12, 2010 2:28 AM Flag

    Examining shipping sector downgrades


    It looks like that they like my old cap and trade range better:

    4.8 - 5.30.

    I would have changed to hold when it hit close to 5, based on old range.

    My new range is

    5.00 - 5.60

    Reason of the raise was due to the fact that drillship completion dates are closer. Time premium, if you will.

    (plus beating the estimate. I know, excluding items. If my memory is correct, drys actually makes money even if not exculding items... That is the first time since depression, I mean, recession. )

    This topic is deleted.
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