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7 pts

Opinion on DryShips Inc. (DRYS) Sector: Transportation > Industry: Water Transportation
Bearish on DRYS ...

Jun 10, 2008 06:37 PM UTC

Darryl Cavitt

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-4.63%	LOW

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The stock has been an a free fall for the past 17 trading sessions after hitting its highest point sense its last rally late late year. Its near its lower limit bollinger band, so I would think the bleeding will stop but its no telling what this stock will do since it broke its resistance level around 89 and is continuing it precipitious fall.

DRYS: This call was made on 06/10/08 @ $82.47

Rating:	$82.47 (06/10/08)
Gain/Loss:	+95.19% in 175 days
Target:	$70.00 (-15.12%) in < two weeks

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christi

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1 point commented 175 days ago reply

it's scary isnt it?

people seemed to be pretty bullish for the long-run though.

What do you think about the other positive calls on social picks for DRYS, such as Marian's here: http://www.socialpicks.com/ideas/show/174242

or david white's
http://www.socialpicks.com/post/show/357916/An-Overview-of-the-Global-Shipping-Industry

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Who voted on this idea?

christi

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06/10/2008

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DryShips Inc. (DRYS)

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Opinion on DryShips Inc. (DRYS) Sector: Transportation > Industry: Water Transportation Bearish on DRYS ...

Opinion on DryShips Inc. (DRYS) Sector: Transportation > Industry: Water Transportation
Bearish on DRYS ...