Replies to post #3221 on DryShips Inc (fka DRYS)

[senderos]

We just can not get a sustained move up with this thing. In time, my friends, in time.

[z4lover]

ha yes they do...

the issue that is keeping us from a huge bounce back is the possibility of increase in the overall industry\fleet of 15% imo

http://www.investmentu.com/IUEL/2009/October/the-baltic-dry-index-and-global-economic-health.html

but one has to ask, will growth around the world stop? will it grind to a halt? or will it return to where it once was or even half of what it once was... or possibly even increase? Africa hasn't even started to grow...

if it does... this increase in supply to the industry should not matter much... I mean if you assume DRYS is worth 60 in the next few years, if the demand goes back to where it was say in april of 2008 a 15% cut would be $51

it's a very interesting long term play... (that's if we get a global recovery... which appears to be taking place.. )