Replies to post #52493 on DryShips Inc (fka DRYS)

[the big guy]

Not exactly sure what you mean. I don't consider myself a great trader, but I know what I am doing. I did not know anything about Jason Bond until tonight, having read all the posts since my last one and your response to it.

I would never bother with Jason Bond's site or any other such source of written (and paid for) research. If you are successful it is only because you got on the winning side of a pump and dump deal. All of my picks are hand-picked by me and they usually work out, especially in an upward market. I get capital gain and always dividends. My average ROR on dividends prior to 2015 was 8%.

I had DRYS in my watch list from before. I noticed the volume. I bought in at 2.50 for the sake of getting in, then it started to fall. I bought more for the long terms at 2.30 and it fell more.

So I set orders at the lowest I thought it could possible go and went off to work. The orders fired at 1.26.

I sold everything at 3.50, keeping the long term shares which are not many.

I don't think it makes me a super-hot trader or anything. I thought that there would not be another Reverse Split and that the general trend was up. That is about it. I don't know who Jason Bond is. I think people on these message boards make things far more complicated than they really are.

There is far too much worrying about what does not matter here. Like who has how many shares, etc, etc... Life is too short. Stick with the basics...

and info gained somewhere other than your own head is useless.

My next play is UVE based on the weather and all I had to do was read the paper...