August Stock Talk II

Figured i'd start a new thread as the other one is getting a tad long.

Wallstreet -

Any idea when DRYS releases earnings?  I'm assuming the week of the 18th?   Everyone (including foreign registrants) have 45 days to get earnings out so maybe it is next Friday?



I for one am interested to see what happens in September to the market when everyone gets back from vacation.

Sounds right to me fellas.

George has a way of waiting until a few weeks before so I would expect a date to come out today or on Monday.

The BDI is getting smacked around pretty good, it might even be worth a futures wager if you had access.

sparty,

Out of DSX, EXM, FRO, TBSI etc etc I chose DRYS.

DSX is a fine company though but DRYS has better margins and a newer fleet.

DSX and FRO have good dividends, they pay the majority of their cash flows to the divi, so if they need new ships they either use all debt or have to issue shares.

   

hat,

That stock will hit 10 if the market is good..easy 7.50 to 10 was a total no brainer. I have full confidence it happens.

My issue on GE is they have a ton of debt and are very susceptible to a global recession. So if the rest of the world will slow next year, GE will be hurt.

Also the rising dollar is NOT good for their multinational business, a weak dollar sells more product and services for them.

doesnt help that immelt is a jerk and couldnt even hold jack welch's lunch

Koaj,

Welch jumped ship before the market collapse. His model for growth by acquisition wouldnt have lasted longer term. Jack is like Alan Greenspam, both walked out on top and then the bottom fell out.

I am not the biggest fan of Welch either, the reality is the market made him look better than what he was.

Hat,

HLIT will cycle..maybe it gets to 11 this cycle, just dont let a good trade turn bad.

7.50 was exactly where I thought it would drop to.

DRYS



Another big day on no news . . . man this stock is a roller coaster. 

I would think that DRYS went up today because it is the first day in about a month that the BDI (shipping rates) went up

jax hit it square, the BDI had been down 20 days straight or close to it.

Hat, nah, hold it and dont add more.

How is the 19 million share offering of LCC going to affect the price both short and long term?

I still have about 1000 shares of it left over from my day trading day of it a few weeks back.   Guess it pays to not pay attention sometimes?   My average price of going long on it is just south of $4

OC,

It looks like it isnt hurting the stock at all.

Oil dictates trading on these guys as you know. I would put a mental stop or a literal trailing stop..

DRYS last two days



So is now the time to sell as it retreats to the low 70's / high 60's again?

I won't sell again but has happened too many times last few months.

VH2,

You know my opinions from here and the yahoo area.

I am not looking for short term gains, I want a ONE on the end of the current number.

Actually I am waiting for the Drillships info before I do anything. The 30 pt drop was a total joke and I dont sell when the market is wrong on the downside.

 

for whatever reason KOAJ , wall st loved welch , was it because he beat earnings for over 3o qtr's if i'm not mistaken

 

you and i could have done it with the mkt rising and dipping into the co's pension plan to smooth or beat out earnings every time and analysts would never question him on this, also gary wendt played a big part in JW success

 

since welch has left earnings have doubled , yet the mkt cap has shrunk , funny waht the press can do to a stock over time , welch was great , in my opinion he became too overhyped

 

i wouldnt get into drys above 77, shit is too volatile, i bought in 4 mos ago on a dip at 101 off its 115 high, just sold couple says ago at 68, now its back to 79, makes me want to hang myself

hang in there, it happens