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Re: smeller post# 37617

Tuesday, 04/25/2017 11:21:17 AM

Tuesday, April 25, 2017 11:21:17 AM

Post# of 58072
You have been screaming buy since early this month, if you had done so you would have lost a huge chunk of change as this has done nothing but drop since.
So DRYS is undervalued, so what! its in the middle of another round of dilution so its value is going to continue to be diluted. No point in buying until that ends and the MOMO says buy. You have been so wrong on this just chill for a while and save your dignity.

It may come back but your desperate pumps are not working whilst this is being diluted.
DRYS is a tiny speck in the world of shipping, its not a major player so the links to $80 billion LNG plants are hilarious, it has 4 VLGC on order and these are already chartered.
http://worldmaritimenews.com/archives/161952/vlgc-fleet-to-increase-by-23-pct-in-2015/

The brokerage estimates that as of May 2015, there are 170 VLGCs

and many more now so DRYS total of 4 is no great shakes.

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