02-09-2009, 02:59 PM
Ok Jakensama, Ive been watching this ever since you mentioned it. Its had quite a ride. Ive watched it swing 100% stock prices back and forth again. Today was another day. It closes yesterday at 6.16 and opens this morning at 7.01. Only to drop again to 6.40. It seems to do this all the time.
<!-- m --><a class="postlink" href="http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1234213200000&chddm=1854&q=NASDAQ:DRYS&ntsp=0">http://finance.google.com/finance?chdnp ... RYS&ntsp=0</a><!-- m -->
Whats the deal? Ive never seen a 350mil market cap stock trade like this. Do the day traders have this thing on their sights?
The reason Ive been looking at it, is I'm in search for a solid shipping stock / transportation stock. I think these will be the first to feel the recovery. Goods will start shipping well before the retail stores show increases in sales.
I'm thinking seriously on buying some dryships or Eagle Bulk Shipping Inc.
<!-- m --><a class="postlink" href="http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1234213200000&chddm=1854&q=NASDAQ:DRYS&ntsp=0">http://finance.google.com/finance?chdnp ... RYS&ntsp=0</a><!-- m -->
Whats the deal? Ive never seen a 350mil market cap stock trade like this. Do the day traders have this thing on their sights?
The reason Ive been looking at it, is I'm in search for a solid shipping stock / transportation stock. I think these will be the first to feel the recovery. Goods will start shipping well before the retail stores show increases in sales.
I'm thinking seriously on buying some dryships or Eagle Bulk Shipping Inc.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi