Anybody in on the dry bulk shipping action? (DRYS)

Discussion in 'Stocks' started by Thermactor, May 29, 2008.

  1. Dumped DRYS and FRO at a loss. New long DSX.
     
    #41     Jun 6, 2008
  2. NoDoji

    NoDoji

    Yeah, well today I'm all doji - buy POT at 216, or wait for 2:30 selloff? OK, that's a scary thought...
     
    #42     Jun 6, 2008
  3. Buy KOL

    This is arguably the best ETF out there. Even better than EWZ.

    it is a pure play on global growth and has much better chart than DRYS.
     
    #43     Jun 6, 2008
  4. avoid the shipping.

    Think about like this:

    If the market is down 2% would you rather be long in some tiny shipping company with a crappy, heavily distributed chart or a strong ETF with a good chart like KOL?
     
    #44     Jun 6, 2008
  5. mark2

    mark2

    I will wiat...
     
    #45     Jun 6, 2008
  6. NoDoji

    NoDoji

    I wasn't aware of CLF. Wow, dream chart! And millions of bucks of insider purchases as recently as May when it was trading at $104, near its high.
     
    #46     Jun 7, 2008
  7. Dryshits down 2.5%. All past 2 weeks of gains are gone.

    markets flat

    EWZ +.4%

    CLF +3%

    DRYS is a turd. If you want to play global growth put your money in CLF EWZ KOL
     
    #47     Jun 9, 2008
  8. Down another 5%...hope you guys took my advice and flushed dryshits down the toilet

    this stock has zero support and no buying. if someone sneezes it falls a dollar.
     
    #48     Jun 10, 2008
  9. NoDoji

    NoDoji

    Support's hard to find this morning. I thought CLF looked good at $104 the other day, then better at $102 yesterday, but it broke $101 this morning. NoDoji's got doji - scared to put this one on...
     
    #49     Jun 10, 2008
  10. Long TBSI DSX NM. All getting whacked today :)
     
    #50     Jun 10, 2008