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DryShips Inc. DRYS

DryShips Inc is engaged in the shipping industry in the United States. The company operates as a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions. Through this division, it operates as a provider of offshore support services to the offshore energy industry. The company owns a fleet of Panamax dry bulk vessels, Newcastlemax dry bulk vesse


NDAQ:DRYS - Post by User

Comment by Marky2on Apr 24, 2017 5:41pm
171 Views
Post# 26159530

RE:BAD NEWS BAD NEWS

RE:BAD NEWS BAD NEWSMost people. Are heavily down with DRYS...I bought in at $2.25 and am down over 40%...Some here are down over 90%.. I don't think that the company is going to go bancrupt...Shipping is a needed industry and Dryships is one of the biggest ones out there..They are expanding their fleet and buying ships with contracts already signed.A good thing to watch is theBDI or Baltic Dry Index.The higher it goes the better the industry..The index has doubled since last year which is a positive sign I heavily diluted this year because of 5 reverse share splitting...Volume is amazing, so there must be people still willing to pay good money for the stock...If you look at the week of November 12th to the 19th it shot up around 2000%...it could happen again,and I truly believe that it will ( I have to believe, because I'm so downnn). The people running Kalinni are from Toronto though the company is offshore. I did research on the head of Kalini and he's a smart smart guy and hedge fund manager..The company is about to pay  quarterly dividend of $.05 a share. In conclusion it depends on ure risk tolerance...Its a risky bet but has a potential of a huge gain...Good luck
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