Dryships Newsletter Pick Yields 24% in 5 Days
If there ever were a great time to take advantage of Sean’s free newsletter EPIC Insights Weekly now would be it. Even in this tough market Sean’s newsletter is up 8.8% vs the S&P 500’s -3.8% as of the last issue. Last week’s pick, Dryships (DRYS) is a great example why.
From the opening price Monday of $13.40 DRYS ran to a close of $16.58 on Friday for a return of $3.18 or 23.73%.
Sean’s EPIC Insights 10th issue featured DRYS as the technical pick of the week:
Due to its bullish chart pattern, I recommend DRYS as this week’s technical trade. Having experienced a dramatic price decline, DRYS is poised to bounce toward $18, where it will meet its first level of resistance. While I do not expect these shares to ever regain prior all-time highs, and many factors make me hesitant to own this position, DRYS offers an opportunity to rent a volatile stock with the expectation of a quick gain.
Further analysis of DRYS was written up by Sean titled, Dryships: Poised to Rally, and was published on both Seeking Alpha and TheStreet.com. The article was even featured on the SeekingAlpha homepage throughout the week.
EPIC Insights Weekly is a free newsletter available on Sundays. Sean designed the newsletter to be beneficial for all investors and what I personally enjoy is how Sean’s explains his trade rationale and shows his direct results against his benchmark index. The newsletter is very easy to read and I definitely recommend it.
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