DryShips Inc (fka DRYS)

[I-Man]

BDI been escalating for a week and today even higher (not happened in over a year). DRYS has dry bulk usage contracts locked in going 3 years out with increased eyarly pricing rates. They have oil drill rig exploting crude as we speak through Petrobas and other oil drill contracts coming on anytime now. Last Monday's massive volume buying of stock as well as 7.00 call options was no blip to be ignored either!!

DRYS stock has gained since Feb lows and for over 1 week maintained a price above 6.00 regardless of repeated dayrtader shortseller attacks here or on yahooFinance boards to do so and try to drive it down- but they have not nor cannot any longer.

Last Friday and late weeks slower overall markets was because of so much focus on bank stocks again especially C stock via cnbc and their 1Billion + volume days 4 days in a row not seen for over 2 years on C...

China's demand is one major factor as well as many other positives an investor needs ot see longer term, as this stock is historically cheap here simply put and this shipper and sector was harshly beat down the last 2 years when economy tanked.... That was the past and DRYS and other shippers & transports are and have been increasing in value as elsewhere in the world industry & growth increases like Asia, regardless the USA will be in trouble for many years as we revisit the 1970's here again and never learned our past lessons..