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DryShips, Inc. Message Board

  • flactrade flactrade Jun 26, 2013 8:51 AM Flag

    Baltic Dry Index (BDI) +35 to 1125. Cape rates at 13891!

    Baltic Dry Index (BDI) +35 to 1125. Cape rates at 13891! For those that are interested in knowing.

    Sentiment: Strong Buy

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    • How does that translate to Q2 earnings? Not a bit. And what happens when they crash when the restocking in China ends? Then it won't even help Q3 rates. Q2 is over. It sucked for dry bulk and tankers.

      • 2 Replies to audiophul
      • and you keep buying at $1.92 for a long trade. What a complete flacking idiot

      • Here we go again... How many times are we going to highlight negative factors, without acknowledge any positive ones? Everyone on here already knows about locked rates. They will expire. When they do, is an increase in rates not a good thing?

        How about the FACT that increases in the BDI correlate to gains in shipping stocks? How are you so sure this is a short term stock up? Are you aware that some of the commodities that Dryships transports are at historic lows? Don't bring up over capacity either, cause that's been improving as well.

        I don't understand the intention of some people on these boards. No one that knows anything about Dry Bulk needs reminders of market conditions. Please stop badgering people with negative, redundant comments. If you hate Dryships so much, sell your position and move on. Geesh

        Sentiment: Strong Buy

0.1984-0.0016(-0.80%)Oct 9 4:00 PMEDT