DRYS vs SB - which one would you buy right now? Why? - Which of these would you be selling now? - Why? -and finally do you see any consolidation in the shipping market soon -like what happened in the airline and railroad industries over the past 5-10 years?
You are right. Very hard to have perfect timing. - Look for a value that you good about and pull the trigger. - works both on the way up and down. -
All five of your points would need to "hit" to pick up a buck from each one...driving the price of the stock up five $5 to $6. - Possible but not too likely. - However if you assign a 20% probability to each (reasonable) one you still get an expected value of +$1. or a doubling of the share price to $2. -- The question is why hasn't the market given any of those possibilities any love? - In fact the stock is down since the conference call. - Could it be due to lack of trust? - What can the company do to change that perception in the market? - Looks like a screaming buy here -but the market is not in concurrence.
Sentiment: Strong Buy
What do you think of SB vs DRY? Do you view SB as a better investment right now? - Is the whole shipping category "underwater" for some time ? - Or do you see a bounce back within the next year? Lots of assets can be bought cheaply now - but ...if they are not making money and more are coming "on board" in the next couple of years...? What are your thoughts?
Special Committee to "study private takeover bid" - Not much in the way of public comment. The board should publicly state their intentions - soon. - What do you think?