I like Dryships as a turnaround play. Imagine that it used to trade over $100 just 2 years ago. They have canceled orders for new ships and renegotiated their debt with their lenders to clean up the balance sheet.
The only thing missing now is increased revenues which will happen when the BDI rises.
BTW, considering that China has over a billion people, why is there only one guy waiting for the train?
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