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DRYS is plunging, i think cramer pumped it yesterday and now it's taking it's dive..
Posts: 2666 | From: san jose,ca usa | Registered: Sep 2002
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We've got to work through the nervousness in the market. Stick with good cash position stocks. That’s why I've been doing so much research lately. They are few and far between. NM, HOV have strong cash. I think YRCW, and MGI are going to be taken over. They have an extremely low valuation for such valuable companies. Investment companies gave also been buying up shares. Blum has taken a 21% interest in MGI.
Posts: 4381 | From: houston | Registered: Mar 2006
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Investor, What do you think of DRYS this week now that it is trading under 9.00 pre market today? Possible buy?
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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quote:Originally posted by sju1973: Investor, What do you think of DRYS this week now that it is trading under 9.00 pre market today? Possible buy?
NO WAY. There diluting the hell out of that stock. They also may be in breach of loans. Not good for DRYS.
Posts: 4381 | From: houston | Registered: Mar 2006
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i had to pick jdizz because my name was taken lol.. and i really didnt think i was going to talk on this site, so i piked a random name lol guess i was wrong. good luck today
-------------------- dont make yourself loose money in a stock that you had a resonable profit in Posts: 520 | From: houstonTX | Registered: Oct 2008
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Okay. Invester it is then, lol. I got in on DRYS at 8.98. I couldn't resist. Maybe just a short play into tomorrow though. I will see where it goes from here.
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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quote:Originally posted by sju1973: Okay. Invester it is then, lol. I got in on DRYS at 8.98. I couldn't resist. Maybe just a short play into tomorrow though. I will see where it goes from here.
Hope you got out. $8.34 now
Posts: 4381 | From: houston | Registered: Mar 2006
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I know, right before the earnings report. I think it’s baked into the cake though. The market cap of YRC is at an unbelievable level. We shall see after the bell.
Posts: 4381 | From: houston | Registered: Mar 2006
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This broke through resistance when it closed yesterday above 4.20. If it closes today again above 4.20+ and confirms a breakout, It's quite possible that this will trend upward throughout next week! IMO
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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This one is moving nicely now. I think it will only go higher once the stimulus is unveiled. Infrastructure is a big part of the stimulus plan. Watch the infrastructure stocks over the next week or two!
Posts: 426 | From: Philadelphia, PA | Registered: Nov 2008
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