the great honest analysis on this company, many don't appreciate it. Those that don't should not be investing in stocks,,especially this one. He has been 100% correct every since I started following this company....I remember when I first came here, I was one of the clowns....I had looked where this company once traded at $130, I said it would again get back up there, not knowing anything about this company....He set me straight right out of the gate, I thank him for that....I thank him now for is honest opinions, most are not opinion, but true facts.
Most of you should appreciate his post, he has helped me make great money in this stock, i trade for a living.
Not busted, I have two accounts. One reg and an old 401k account. I trade both accounts the same. meaning I buy the same for both accounts, not always, same as selling. Sold the reg account at 2.24, sold the 401k account this morning. Check premarket, you should see my 10k trade @2.30. I have been trading for a living since 1997, my only source of income. Not bragging, but I am a good trader. Most people don't want to hear this, that's ok. I trade only one stock, this one. Up just under 100% last year , up right at 54% so far this year. This includes both accounts.
People would be crazy to buy and hold ahead of earning, this is not what you are seeing today, there is heavy shorting going on. A big miss & it could trade to 1.90 in afterhours, then with huge volume Thursday it could fall further. You are seeing smart money exiting right now, but the lemmings/clowns are going in there buying....That's why they are known as lemmings/clowns.
Why didn't you bring this one up, if you don't believe me, if you are able to check premarket trading, check around 8:25-8:35, there should be a 10,000 share trade around that time. Bought these at 2.08, up a ton this year.
kim60, you are one sick individual for going back and bringing up old post, one could go back and find some of yours, but I am not a sick person.
Get a life!
Made a $2200, bought near the close Friday @2.08. Pure manipulation in premarket, I took advantage of it. They will drive it down hard after the open, probably not until they suck a few lemmings in.
You keep bringing up this post, I am a trader, I have bought DRYS 23 times since that sell, that 1.88 sell price proved to be right, for me. I bought back cheaper, and as it moved up Friday, sold at 2.16, this too proved to be right for me, as I bought back at the close Friday @2.08., sold this morning at 2.24. I am a trader, and a good one. Since that 1.88 sell, I have made $8137.68., this does no include todays trade How much have you made? You don't have to answer, you don't buy stocks, you just bash people, a sick individual.
But I rebought @1.83...1.85....1.86, this is one stock that you have to be in, if not you will miss out on all runs, manipulated or not. Also bought some @1.92 this morning. I trade to make money, unlike you, you are here to bash people. You probably don't have a penny to invest, just an unemployed loser, one that lives off the govt.
Lost some, I think the broader market correction begins today.....right now. The Dow will get hit for 1200-1500 points. Looks like shippers are in dire straights, I will wait and see who survives. You may get DRYS for 50 cents before all said and done, no one knows.
just a few short years ago, looked like most all would go bankrupt....But now....Look at the stock prices, they are up a ton, several hundred percent for some. This is exactly what you will see with shippers when this sector turns, turns with a booming economy. Shippers look like most could all go bankrupt, that's the way it is in down and out times. Most of the worlds trade is through shipping, shipping is not going away.
The shippers will rebound big over the next few years!
From the Wall Street Journal....EXM may enter bankruptcy, as will many more. DRYS has ORIG, this will keep them afloat
They are from the school of "What's happening now"....Cramer graduated from the same school, it's funny how they are all went to the same school. Many $1000 price targets were put on Apple, that was the kiss of death. Now they are putting $1000 target on Google, Google will not stay on top forever, no company does.
Watch for Iran/Israel happening over the remainder of the year, may see WTI to $120, good for ORIG.
For a trade, If there was a certainty that this company would not go bankrupt, I would go all in.. There is no certainty with this company, George will likely kill what's left.
Will be up big in April, Mutual Funds unloading this week, and especially today. Why are they unloading? Window dressing, qtr ending and they don't won't to show that they were holding Apple in their portfolio, they don't won't losers to show up in their first qtr statement
How many times has this happened, too many times to count. These trading desk are all wired as one, they plan their move, all run together like a pack of wild dogs. They run it up, they short, then they go back home, licking their chops.
They are going back home today, laughing, having a good time. Like taking candy from a baby, or in this case....Sucking the blood out of the lemmings.
The stock market will always lead the economy, either up or down. This time around it has been all the stock market, up a ton, but the economy kind of stuck in a rut. The economy will likely boom over the remainder of the year, shippers will likely recover in a big way, but never back to the bubble years. This scenario is about the only thing that will help DRYS survive, I think it will happen.
More troubling signs when you hear this, Ben has manipulated the market higher with his printing of money. No manipulated move stays up forever ever ever ever. The market will eventually correct hard in due time, everyone is feeling so good about the market. This is the time to get worried.
Analyst getting ready to appear on CNBC.
The writing is on the wall, or in this case, on analyst lips. Most all say we are going to go higher. All the bullishness nonsense is troubling, the market will always get it right....Not Ben Bernanke! Nothing goes up forever ever ever ever, a market that goes up in a straight line will correct hard.