DRYS Stock Run Continues

Blain Reinkensmeyer

Dryships (DRYS) has not slowed down since it hit my buy point of $88.20 on May 2nd, closing Friday at $110.74. View the original Dryships stock breakout.

This puts DRYS up 25.6% in only 11 trading days, an impressive feat.

Looking ahead the drybulk commodities shipping trend should only continue to escalate into epic proportions. Stocks like GNK, TBSI, and EXM will come back down in price, and I will be looking for further entry points.

drys-051808.png

Share this post:
  • TwitThis
  • StumbleUpon
  • Yahoo! Buzz
  • Digg
  • del.icio.us
  • Google Bookmarks
  • Facebook
  • MySpace
  • Live
  • Technorati
More on this topic (What's this?)
Portfolio Changes: SQM, DRYS
Dryships reports large loss for the quarter
Sold DRYS Naked put
Read more on DryShips at Wikinvest

3 Responses

  1. What do you think about ESEA?

  2. I think you found yet another great play on shipping :) The whole group has performed extremely well. And, the recent pullback yesterday and today is only IMO going to serve as a great buying opportunity.

    Blain

Other Websites Referencing This Post

  1. Quick QID Trade Update, 0% Risk | Stock Trading To Go

Leave a Reply

Create a Gravatar for your comments