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Re: I-Man post# 55414

Thursday, 01/18/2018 8:28:49 AM

Thursday, January 18, 2018 8:28:49 AM

Post# of 58072
I-Man - I suspect it may take another quarter or 2 before pps/sentiment catches up where DRYS is at currently. The other wild card in this, of course, is GE. A lot of wild talk about what he will do once his shares are unlocked. If we know nothing else about the man is that he is self-serving. So to think he will do anything but make his shares more valuable, and by extension other shareholders as well, seems a bit silly to me.

Throw into the calculation an improving worldwide economy and increasing shipping rates, and DRYS seems destined to move higher. Rates will begin improving once the Chinese New Year is over. That and weather are the primary reasons for current rates, which have been a well established factor in the rate cycle. February on should look pretty good.
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