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S&P 500
5,567.19
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0.00%
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US TECH 100
19,862.40
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0.08%
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Dow Jones
39,375.87
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2.25%
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Net-Man

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Net-Man

Re: None

Thursday, 03/14/2013 4:09:12 PM

Thursday, March 14, 2013 4:09:12 PM

Post# of 58072
Could anyone help me understand why DRYS is trading at 19% book? I understand that both DRYS and ORIG posted losses recently and the picture over the next few months isn't great. However, it does seem to be improving. The BDIY is up 9% in the last 3 weeks; ORIG apparently has $5.1 billion in backlog. Are the costs associated with building out both fleets the primary issue for the low pps?

tia,

Net-Man
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