DryShips Inc (fka DRYS)

[Net-Man]

BWS - 3Q should be profitable for DRYS. Still a lot of unknowns though. However, all of the spot rates have certainly been higher than previous quarters. The BDI is stair stepping higher and should continue moving higher through the end of the year. So 4Q will likely be pretty good too. The only drag on revenues that I see is the OSVR fleet. All 6 ships are laid up and I don't see them coming back into service any time soon. Only a matter of time before GE steals those. Regardless, DRYS is on a good trajectory for revenue over the next year. Now, if that would only translate into a higher pps...