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DRYS is trending about where I thought it

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Net-Man   Monday, 03/25/19 01:15:13 PM
Re: None
Post # of 57856 
DRYS is trending about where I thought it would from back in January...

Post 57681
JB - Maybe. Shipping is cyclical and all shippers are drifting lower right now. Probably won't improve much until mid to end of next month. In the meantime, it wouldn't surprise me if DRYS dips back into the $4's again. My guess, and it's just that, is we will see 1/3 off the recent $7.22 high. That would put the pps somewhere around $4.75.

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