NEWBIES: Until you see the pumpers dumpers leave, DRYS will continue falling
Look at the post of the guy who bragged he bought at $4.44 on December 30th. That is the guy who constantly pumps causing people to lose money. If he is still around. DRYS will continue to drop in price.
I think he is a paid pumper as he is constantly wrong about every stock he says he buys with paper money.
Either that, or this board is just full of real losers.
Just like slow 1.5 month drop from $4.90 range to $3.70. I think to $2.50-2.70 by next month. No catalyst now to move it up as BDI Index will stick around 1100. The Chinese BMI index is already showing two months under 50. That is a clear contraction of Chinese manufacturing.