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Thursday, 08/07/2014 2:25:04 PM

Thursday, August 07, 2014 2:25:04 PM

Post# of 376163
DRYS SA article today

btw Baltic dry index up bit again

http://seekingalpha.com/article/2396135-what-is-happening-with-dryships
Conclusion

DryShips is not in an ideal condition but it is making the right moves in order to turn around its business as drybulk carrier business continues to disappoint the investors. OceanRig is an important asset of DryShips as prospects of off-shore drilling are better than the drybulk business at the moment and this asset will continue to support the overall business of the company. As OceanRig has also started to pay dividends, this will further enhance the benefit of holding OceanRig for DryShips. However, concerns about the core business of the company remain as the drybulk market is showing slow recovery. An increase in economic activity might stimulate the demand but the short-medium term prospects of drybulk business remain unclear.

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