Replies to post #25761 on DryShips Inc (fka DRYS)

[moe_the_gyp01]

You do realize earnings are out next week, don't you? Be prepared for a big move downward when earnings, or lack thereof, come out on the 7th.

[Burnt before]

That is the beauty of the markets, its all opinions, apart from the extra cash GE has screwed from investors with the fake Kalani investment, which is not earnings do you really think the earnings are going to be awesome, have you actually looked at the books? here is the 3rd quarter
http://dryships.irwebpage.com/press/dryspr110916.pdf

Yes they have more cash, which they intend to spend on the new ships
but they still have plenty of debt which big George now owns and will take the nice shiny new ships at a discount if they default i am sure.

As you say lets see how next week pans out, but DRYS being a genuine golden goose seems a little far fetched to me. Why do you think the earning will be so good apart from moving the date up, that was probably a ploy to the continue the feeding frenzy Tuesday after hours/Wednesday.

JMHO
GL