motrmech@metrocast.netis...(put something here)
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Hit a new 52 week low but not real sure if its the bottom.
http://finance.yahoo.com/news/teva-gilead-sciences-tumble-monday-210430441.html
http://finviz.com/quote.ashx?t=DRYS&ty=c&ta=0&p=d
Are you basing that on the reported numbers?
The share price is a non starter based on the number of splits imo.
Last report:
http://dryships.irwebpage.com/press/dryspr110916.pdf
See the bottom of pg4 which does not include the last split
Chart is out the window imo.
http://stockcharts.com/h-sc/ui?s=DRYS&p=D&yr=1&mn=0&dy=0&id=p47356085084
well it didnt work with the last four R/S lol
This is worse than the National Bank Of Greece NGB which is now NGBBY on the otc and is junk, horrible imo.
Might not be today to $1 but i feel bad for those that are trapped in this mess and are taking losses just to get out.
There should be some type of rules to protect traders imo.
Circuit breakers might kick in here if it gets to a 25% loss
This was at $130.00 a year ago not working very well LOL
Looks alot like NBG also.
The next split equates to a 1 for 52 split in less than 12 months you are spot on about the leadership !!
Share price from a year ago is so low after all these splits there will be no way out for most including GE.
Nice upward trend early imo.
Looks to be headed lower than that by the end of the week.
The one filed yesterday on PAGE S-9
Prospectus filed, page S-9 explains the offering looks like 0.94 is the price offered.
If you really want to feel sick, the valuation after the last three RS is down to .0620.
This is basically worthless imo.
Looks like their trying to walk this down lower, should see a dip coming imo.
Looks like the price will start out near the 18 month low imo.
Rates will do their part for 2017:
http://www.marketwatch.com/story/mortgage-rates-soar-to-2-12-year-high-freddie-mac-says-2016-12-22?siteid=yhoof2&yptr=yahoo
walking SHIP down below 1.20 so far.
Could be a bit unstable for a while imo.
http://www.marketwatch.com/story/is-this-the-end-of-big-oil-2016-12-03?siteid=yhoof2&yptr=yahoo
The press has not figured out that this ship will shoot to the moon imo.
http://blogs.barrons.com/stockstowatchtoday/2016/12/05/fannie-mae-yes-its-stock-has-doubled-its-still-heading-for-1/?mod=yahoobarrons&ru=yahoo&yptr=yahoo
To increase the tax loss for the end of year, it happens alot
Looks to be another easy double coming imo.
Chart looks like there might be room.
http://stockcharts.com/h-sc/ui?s=DRYS&p=D&yr=0&mn=6&dy=0&id=p55071701882
Up 20% premarket looking to double next week imo.
Yes back to the 2013 highs imo.
http://stockcharts.com/h-sc/ui?s=FNMA&p=D&yr=5&mn=0&dy=0&id=p55079201403
Might be a bit early imo could drop slightly before the hard move.
OK
with all the splits this year (share count comes to 44)
21.50 / 44 = about .49 value today
Splits hurt everyone imo.
Page S-10 on the statement posted today is a bit unnerving imo
"We have suspended principal repayments and interest payments and are not in compliance with certain financial and other covenants, and certain of our lenders have declared our credit facilities in default. This may impact our ability to continue as a going concern or result in the loss of our vessels.
As of November 15, 2016, we have not made the final balloon installments nor any other payments for three of our credit facilities that have matured and accordingly, the respective lenders have declared an event of default. For our remaining credit facilities, we have elected to suspend principal repayments and interest payments".
If it seems too good to be true it usually is, the OTC is so much a gamble imo.
Nice moves with the latest numbers out looks to keep going too.
Third Quarter 2016 Financial Highlights
Ø
For the third quarter of 2016, the Company reported a net loss of $5.2 million, or $7.70 basic and diluted loss per share. (1)
Ø
The Company reported a negative Adjusted EBITDA of $7.9 million for the third quarter of 2016. (2)
Chart is looking amazing !!
http://stockcharts.com/h-sc/ui?s=DRYS&p=W&yr=3&mn=0&dy=0&id=p63705342597
The media is trying to stop the rise by screaming about intrest rates.
https://www.thestreet.com/story/13889476/1/interest-rates-likely-to-rise-under-trump-could-affect-confidence-of-homebuyers.html?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
Nice, chasers will drive this up past its 2 year high:
http://stockcharts.com/h-sc/ui?s=FNMA&p=W&yr=3&mn=0&dy=0&id=p89211650916
Easy double coming imo
Not after a earnings week imo, it sounds like good news but this never jumps on any news it seems.
http://www.marketwatch.com/story/fannie-mae-profit-increases-as-derivative-losses-shrink-2016-11-03?siteid=yhoof2&yptr=yahoo
The common stock is pretty much done after the R/S and anyone stuck with shares are so upside down that a tax loss is the only way out, this will glide down to below $1 again.
Not sure what the company or any company gains from these actions just file and be done imo.
MM's walking this down prior to the split imo, should be illegal.
Things are slowing too in the market.
https://finance.yahoo.com/news/mortgage-applications-down-6-rising-110006044.html
Might be time to start to jump in on the euro bank stocks that are sliding down imo.
http://finance.yahoo.com/news/asia-stocks-weak-dollar-shines-002543511.html