Just bought drys at 72 last week as it seems to have bottomed...why have fro and drys charts diverged so much in the last 3 months?
OWN FRO and GDOCF ( golden Ocean)GDOCF is FRO's spin off of a dry shipper. It's $6.50 a share on it's way to $40 within 2 years or less. A STEAL at $6.50.Paying a annual yield at present divi of 35%+. Yes 35%!Tha's all you need FRO and GDOCF. Fat divs, great mgt andgrowth too!jettjett
One has a Dividend One does Not. I could of bought Drys for 9bucks but I wanted a dividend and I Bought Frontline. Still Glad I did. GLTA Longs
http://finance.yahoo.com/q/bc?t=2y&s=DRYS&l=on&z=m&q=l&c=frodrys at $9, glad I bought fro?Let's see where we go from here bro?what the fuch do I know?
I've got a GTC buy on Drys at $60...volatile but solid company...glta JF longs!
fro and drys are completely separate animals, operating in separate markets.
indeed: DRYS = nothing wet; FRO = nothing dry (but see GO, a FRO spinoff)