DryShips Inc (fka DRYS)

[Burnt before]

Same old bluff and bluster here, i have seen a million posts in the last few weeks saying the earnings were going to be awesome and this would take off like a scolded cat,
Guess what they were not stellar, in fact they are hardly making any money once you factor in the cost of running these ships

Operating Margin: The revenue was $29.9 million versus $17.1 million in vessel operating expenses alone. When we include the other expenses, the company posted a net loss of $18 million.

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Sure they have lots of shiny new ships paid for by the Common share holder over the last year but they also still have $185 million in debt less the ever dwindling cash pile of $25.9 million. Just as well the BDI is up.
This looks like its going to churn for quite some time unless they have a blockbuster PR to release.
JMHO