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Net-Man

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Net-Man

Re: I-Man post# 55392

Friday, 01/12/2018 12:47:00 PM

Friday, January 12, 2018 12:47:00 PM

Post# of 58072
I-Man - The shipping cycle is more likely the reason for low volume right now. DRYS does have debt on some their vessels and several ships are chartered out for spot rates. With that said, DRYS is a different operation than what it was just last year and the company does seem on the path to provide positive revenues. GE very definitely will have a negative impact on the pps going forward - at least for a while. People will always focus on the future prospects of a company, which is exactly why GE has been able to RS so many times since DRYS was formed.
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