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Cool_Trades

01/29/14 11:03 AM

#1042907 RE: ManicTrader #1042895

I'm digging it man $DRYS :-)
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EagleD

01/31/14 7:28 AM

#1046927 RE: ManicTrader #1042895

Shipping rates will bounce after Chinese New Year ends. Also people should remember that DRYS operates 10 tankers - 4 Suez and 6 Aframax. Rates for those have recently gone parabolic, going as high as 100k this month (for Afra).

IMO today will be a good day to start buying DRYS as market looks to be down. Buy on the sale because come March DRYS will be much higher.
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IIIverson

01/31/14 11:12 AM

#1047110 RE: ManicTrader #1042895

I fully agree with you about $DRYS. I love the charts and I believe they are undervalued due to the current shipping industry conditions. The company has a book value over $6 and is in position to have positive earnings.


Here is the Ichimoku Clouds (providing support).
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96507382

Here are more $DRYS charts...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96513933


I have Feb $3.50s and & Mar $4s.



IIIIIIIIVERSON