IBM looking good! And not any of my calls have expired yet.. Yea I am down a little.. But waite till next week!! How you doing with all that Drys stk you been buying as it fell from $5. to 50c?
If you are sitting on $160. calls that expire today.. What to do? Hell they may end up being worth $1. or $2.50 a shr by 4:00? Don't sound like a lot.. If you were sitting on 100, $160 calls.. It could be difference in $15K..
London the most valuable thing on earth is clean water.. I have no idea how said bunch can lay their heads down at night, with all their wealth.. Knowing some people don't have clean water? There are people dying every day.. And for a little money you could drill wells to where water is? Every time I see gates and buffet with their little sheet eating grins.. I'd like to smack the grins off their faces...
Hate to tell you!! Oil is due to have small rebound!! I think oil will trade between $50. and $60. in coming mths.. Only time will tell..
I done posted, I took like $50. loss on those Orig Aug $4. calls... And glad I did.. When has there been any good investors concerning Drys or Orig Stk? Idiots listen to lying hoes like you and kemmy.. As for why NOW? I figure to take some of shock away, as how bad earnings are going to be!! And you can bet one thing! I can add and subtract with best of them.. And seems I am only one who has figured out just how much money Drys has been losing.. Stong buy my $%^&*....
Will it ever be profitable? Be carefull.. They don't have that many shrs outstanding.. But what is a stk worth? That just keeps reporting loses?
Did GE think people would ignore fact Orig divvy was suspended? As he thru that fact in.. When announcing that loan from Orig to Drys had been settled with shrs of Orig being transferred to Orig's books from Drys books.. You can bet that loan got settled? Only time GE ever personnaly garanteed any of Drys debt.. And whether you know it.. When loan was made.. Looked like nothing.. As Orig was selling at $13.50 a shr..
Analyst estimates: Orig to earn 27c per shr in 2nd qtr.. $1.51 per shr for 2015.. So why did they do away with Dividend?? I'll tell you what that divvy was about.. Orig payed Drys like $75M over last 5 qtrs.. Just GE moving money from his right pocket to his left.. Sure didn't do Drys stk holders any good.. Yet created a smoke screen.. While Drys was getting that $75M.. GE was able to sell "COMLETE" idiots another $423M of Drys stk.. Sold $90M worth in 1st qtr, 2014.. Another $333M in 4th qtr..
And sneaky snake, is keeping that fact concealed, untill they report? Hey I sure don't know..
If you miss earnings by 1C when making money.. That's one thing!! When loses about double from last qtr.. That is bad... And did you notice how much debt went up while revenues going down... Either you are idiot or a big lier saying not bad..
This bunch don't never quit trying to feed you BS.. When Drys reports...You check and see how much revenue Drys, bulkers generated last qtr? And then what Drys debt is.. And figure out what Drys really lost.. Everything else is BS.. Now, do BDI rates mean much? They go up and down so fast.. You don't know if anybody is getting bulkers leased, when they are up or down? But DSX reports when and for how much, they lease their bulkers for.. If interested in drybulkers.. Worth watching to see what next one leases for...
If as usual! GE will try to confuse you with Orig figures.. Reality about all Drys has left is those 39 bulkers that may not be worth half of what debt is.. After all profits and money from sale of 670M shrs($3B) have dissapeared.. GE has Drys ready for BK!
If you had been keeping up with what they been getting bulkers leased for and how much they been borrowing.. You wouldn't have been too surprized at loses and increase in debt... Stay tuned.. Spot rates for bulkers have improved.. Maybe T/C rates will improve also..
As it seems Watson has capability of storing every piece of info available on anything? And can search thru all that info. instantly.. How important is Watson? Last yr. Johnna Wagner (Wagners In Durham N.C.) died at like 40.. Had some kind of rare desease, That doctors at Duke didn't know how to treat.. At some point in time.. If there is a cure for anything.. Watson will have it.. And maybe, best way to kill your mother in law and get by with it? Just kidding.. We know everybody loves their Moma in law!!! F what IBM is selling for.. Watson is most imprtant thing ever to have been developed.. If Wright Brothers would have had access to Watson.. Instead of their first flight of being 200 ft.. Maybe could have flew around the world.. Little exageration there! Hopefully you got the point! I'll always wonder if there was cure for rare desease Johnna had, out there somewhere? She was like one of my kids.. And very nice person..
I think people have lost their minds.. That Facebook is worth$265B and IBM is worth $158B.. Check out mkt cap for the 2.. But fb is increasing revenues, buying up unprofitable businesses.. Seems that is all idiots are concerned with? Revnue growth...In mean time IBM has been shedding unprofitable parts of their Co.. So revenues have been dropping.. Consiquintly, Unloved by idiots on Wall St.? And to add insult to injury.. IBM has the audacity to keep investing part of their earnings on a profitable Co.. They been buying their own stk back.. IBM will earn like $16. per shr in 2015.. And would be making lot more if they had been taking the billions they have paid to stk holder in dividends and been using it to buy back stk.. When FB is paying any kind of divvy and earning $16. per yr, per shr.. Let me know! In mean time.. Ibm will have paid, stk holder hundreds of billions in divvys.. And bought enough stk back.. Earnings and stk price will have soared.. IBM stk is already under 1B shrs.. When IBM stk starts trading at what it's worth.. Look for stk split...I fiure IBM is worth from $240. to $340. Like rat now...
Actually with like 670M shrs outstanding.. Drys will probably do like Newl did last yr.. Have several reverse splits to keep it listed.. BTW: Newl did get delisted.. And is trading OTC for like .002.. 2/10ths of a penny...
You forgot to tell why he bought that stk.. It was part of deal for
drys to sell another 250M shrs for $333M.. As all money flows to GE.. I figure GE spent $80M to make $253M.. Try to find where Drys got infusion of that $333M or the $90M from sell of stk in 1st qtr 2014? Seems that's just money that dissapeared as the money from about $3B more from the sell of 670M shrs of Drys... They always post debt.. And then there is ""Other Liabilities"".. My suspissions: ""Other liabilities" is money owed GE's private Co Cardiff for buying, selling + leasing assets.. And he has raped Drys over the yrs..
Since 07, all profits have vanished.. Along with over $3B from sale of 670M shrs of this POS.. As far as BK? Drys keeps losing over $200M per yr.. So far have covered up those loses with Orig's revenues and earns.. Reality Orig's revenues and earnings.. Have nothing to do with Drys revenue and earnings.. All of Drys past ER's are in Drys website.. Read 2013 1st qtr report: GE don't repeat statements like that one liner! Where he said Orig and Drys were completly seperated.. Bottom line.GE stole Orig.. When it looked like the crown jewel.. IN mean time oil has dropped from $100. to $50.. Orig is in worse shape than Drys.. Now how is Geo.. going to cover up,, How much Drys is losing? You can bet your bippy.. They are working day and night.. To come up with something believable.. Don't want the idiots that bought another $423M of Drys stk in 2014.. To feel like complete idiots.. Like they really were!!!
They have been reporting loses every qtr for 2 yrs.. And when they report.. Loses for 2nd qtr will be greater than 1st qtr.. To cover those loses.. They been selling common stk holders equity to preferred stk holders.. Thus leaving some equity in the bulkers they own.. They just borrowed against that equity.. This last loan won't show up on ER tommower! In mean time they got a fleet of bulkers, that may be comprible to Drys? Now question is, are those bulkers worth their over $500M Debt? And forget any drybulker reporting anything but loses.. Thusly is DSX stk worth a plug knicjle?