got to be in
$3.75--$4.00 today going to double digits soon drys.. my top pick also drys
DRYS Stock owners will be rewarded very soon
I received and alert on my etrade site showing 5 major investment firms taking heavy positions in DRYS since Nov 15 they are the following CHILTON INVESTMENTS, FIDELITY INVESTMENTS, SORROS INVESTMENTS, HBK INVESTMENTS, AND MILLENNIUM INVESTMENTS. IF anyone has noticed in the past couple of weeks this stock has been going through a heavy accumulation phase trading in very narrow ranges yesterday this stock traded between 3.43 to 3.44 for 4 hours classic stock accumulation and usually a sign of a huge move upwards coming very soon. This stock has pass its 200 mda for the first time since 2008 and with the recent uptick in the BDI which has also broken a key resistence point on its chart yesterday i would be very bullish on this stock moving forward. Also everyone must remember Drys has ownership interest in ocean rig so if the dry bulk portion of the company can continue to improve this could be a great long investment for future. Also GNK AND EGLE restructering is not surprising other smaller shippers will be doing the same thing as shipping sector outlook starts to continue to improve.
excellent news my brother... hope that shorters would gain this knowledge and cover and add calls to their positions before this stock goes into double digits.. I hate to see the shorters cry even more as this stock goes into double digits.
motley fool really is an idiot
long and strong
good est.. goes into double digits.