DryShips, Inc. (NASDAQ:DRYS)

shipping is trend.

Great outlook going forward and there current price is like buying a 10$ bill that cant be used for a couple years for only a buck.

sound shipping business but the real kicker is the deep offshore drilling company owned by drys...possible spinoff to shareholders? i think it puts a bottom on this stock much higher than where it is today.

This is a solid shipping company. One of the things we are seeing in this recession is the mobilization of international markets together. As we recover international trade will again flourish and this company is at the heart of such exchange. Believe very shortly in a year or so it will get back into the 20-25 dollar range with increase in earnings.

GOOD STOCK

I made a similar play on EGLE. I just feel like there is too much upside to these shippers. At some point people are going to need to start manufacturing again. When that is, I don't know. I'm trying to position myself with a few big shippers (NM, EGLE and now DRYS) to make a run when this recession turns around. I'm concerned about the going concern warning they received, but I'm encouraged by the action that management has taken. I'm getting in at a good price, and if this thing ever wants to get back to $114, I'll be positioned well to make some big money.

With shipping in the dumps, drys has a hefty fleet and will hunker down for this storm.

CEO Seems to be restructuring through diversification. Economy of shipping in it's favor. Coorporate jealousies (rumors, etc) have caused a significant pull=back. Industry has been very volitile. Non-POL shipping will need to increase as cusmables are depleted..

The first to climb out of the recession will be the air, land and sea transporters

DRy Ships Inc CEO MR George Economou said in press on the 30th of March 09 that 80% of covenant loans in current negotiations were in fAct approved but hes waiting about 8 weeks for total banks positive finality....also in ppress was announcement of a spinoff od DRYS drill rigs part of company to share holders as a special dividend to be named ocean rig and to go on a national exchange ....he said this may be done by March 09 and apparently he is waiting for the 8 comming weeks to fivish with the banks first.....mentioned was a current figure done on loans of $2.4 billion this all can be verified in DRYS press of late !

feel the economic problems are starting to bottom and think the dry shipping industry will be a leading indicator as we move forward.

Ridiculously undervalued.
Hard assets.
Global trade.
CHINA, Australia, Brazil, India, Russia.
Intelligent Leadership
Motley Fool Upper-Management BIAS!

It's been beat up a bit much. Credit is starting to flow... They should be good.

Dear fellow investors, If and when the economy ever turns around you will generally see the first signs are growth in infrastructure. or a rise in the (DRY BULK INDEX) DRYS does burn through cash but i feel with the stock off 90% from it's highs and trading at cost I found a good buy. Volatility is also high in this stock for the so called day traders.

Growing company just got new rights

I like the management. They have a substanial investment in DRYS. Able to react quickly to business changes.

DRYS derives it value currently from staying afloat. It has the backing to do so. It also derives value from OIL and the Baltic Dry Index. Both of which are on an upswing the last few weeks. The BDI has digressed in the last few days, but is still holding its upward trend for the last few weeks.

Dry Ships INC .had 70 ships they have 49 now so Mr Economou the CEO saved cash of $1.5 BIL with assets of land etc of over 3 BIllion dollars with recent stats showing oabout 5 Bil value vrs 1.8 in loans . The
dividend cut was expected and DRYS is the best to survive into china stimulous and huge turnaround !

this is a joke. this company has nothing but some connection to wall street. how stupid can investors get?