DryShips Inc (fka DRYS)

[Net-Man]

RM - Hard to say at this point. If DRYS waits until next month to do the spin off, the BDI may be moving back up as it will be after the Chinese New Year. Shipping historically moves up sharply after the holiday. If DRYS pulls the trigger then, perhaps both will move up.

A lot of what happens with DGAS will depend on what ratio they use to distribute shares. Since DRYS will own 51% and GE will control at least 70% of the issued shares, it seems there will be a very small float (assuming GE doesn't intend to sell shares). Small numbers are easily manipulated up and down. Anyone's guess, I suppose, which way it will go.