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NASDAQ:DRYS

5.24
0.00 (0.00%) 1d
0
Showing 1 to 15 of 37 entries
DON'T BUY

This is a sector that is dramatically out of favour. He keeps looking at them, and then he looks at the debt loads, the debt load on almost every one of these companies is horrible. A lot of them have also been listed for less than 10 years. So he wouldn’t buy because of those reasons. This one really doesn’t appeal to him.

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SELL ON STRENGTH

An interesting story. Recalls seeing it take off like a rocket. It may be time to take a profit on it. prefers SEA-N, an ETF.

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COMMENT

An excellent sector to be looking at. A lot have been beaten down. This one has recently had a tremendous run. A lot of these companies do well when the economy does well. He doesn’t know the financials on this one that well, but one that he does follow more closely is Nordic American Tankers (NAT-N). The CEO keeps saying how well they are doing and yet it is not reflected in the stock price. But they also have a huge debt load, which scares him.

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COMMENT

Chart shows a pretty substantial base and is currently attempting to break out. If it breaks up through $2.40 and has volume, it could be very positive.

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COMMENT
Has a 50-50 split between the dry bulk industry and oil transportation. Have a younger drilling fleet for ultra deep water drilling. Company is very highly levered. Have $2 billion worth of vessels that they need to pay for.
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DON'T BUY
Bulk dry shipper. Very volatile. There is a lot more capacity (more vessels) out there. Balance sheet is very levered. In this area, he would prefer Diana (DSX-N) but he would look elsewhere for a proxy to global growth.
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SELL
Horse is a little out of the barn on this one. Has been an under performer. Trouble is all kinds of new capacity getting built so there is a glut of capacity. A lot of the contracts they signed earlier are going to start to roll off.
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DON'T BUY
Wouldn't play global expansion through a company like this. Speculative and you take on far too much company specific risks. Would prefer a more direct commodity play. (See Top Picks.)
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DON'T BUY
Exposure to global market, a better play than just the US market, but was close to bankruptcy and the board got nervous and started issuing new issue after new issue. Not completely out of the woods yet and wouldn't be surprised if they issued more stock. Would prefer something like Frontline (FRO-N) with a 9.5% yield or Ship Finance (SFL-N) with a 7.4% yield.
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DON'T BUY
In the business of moving dry bulk cargo. The Baltic index is showing weakness so this is not a good time to own this company.
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DON'T BUY
Basically into shipping commodities but have recently got into ocean rigs, which is probably not the best sector to be in. Technically, it is currently at the bottom and is difficult to say if it is going to go back up. Doesn't think it's in the right sector at the right time.
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DON'T BUY
A play on global recovery. Very capital-intensive business. Margins can go up and down very dramatically. Not comfortable with this business.
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WATCH
A lot of relationship to world economy. Has been in a very long base. This is a “wait and see” stock. Chart shows a downtrend for resistance points but if it breaks above $6.50, Buy. First stop would be around $7 and then probably $10. Expect it will be below $6 in 6 months.
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DON'T BUY
This has been used in the past few years as a proxy for global expansion. Very leveraged balance sheet and very cyclical. Would prefer playing the straight commodities.
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SELL
A play on commodities and global expansion but has some overhanging issues from a company specific basis. A lot of debt and assets are made up wholly of the ships they own. Would recommend something that is a little more direct.
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Showing 1 to 15 of 37 entries

Dryships(DRYS-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Dryships is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Dryships(DRYS-Q) Frequently Asked Questions

What is Dryships stock symbol?

Dryships is a American stock, trading under the symbol DRYS-Q on the NASDAQ (DRYS). It is usually referred to as NASDAQ:DRYS or DRYS-Q

Is Dryships a buy or a sell?

In the last year, there was no coverage of Dryships published on Stockchase.

Is Dryships a good investment or a top pick?

Dryships was recommended as a Top Pick by on . Read the latest stock experts ratings for Dryships.

Why is Dryships stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Dryships worth watching?

0 stock analysts on Stockchase covered Dryships In the last year. It is a trending stock that is worth watching.

What is Dryships stock price?

On 2019-10-11, Dryships (DRYS-Q) stock closed at a price of $5.24.