StockFetcher Forums · General Discussion · DRYS - OPPORTUNITY?<< 1 2 3 4 5 ... 11 >>Post Follow-up
TheRumpledOne
6,359 posts
msg #70872
Ignore TheRumpledOne
1/23/2009 9:45:06 AM

DRYS under $10.

Second chance?

TheRumpledOne
6,359 posts
msg #71478
Ignore TheRumpledOne
2/17/2009 1:00:23 PM

DRYS low of day = $3.87

OPPORTUNITY?

johnpaulca
11,289 posts
msg #71479
Ignore johnpaulca
2/17/2009 1:23:00 PM

Also EXM...I took up half positions in both.

Eman93
4,659 posts
msg #71487
Ignore Eman93
2/17/2009 10:22:42 PM

DryShips doing just fine after loan renegotiation, Nordea says-Bloomberg
12:24 p.m. 02/17/2009 Provided By Fly On The Wall


DrysShips (DRYS) lender Nordea said the company is 'doing fine' after the loan renegotiation and is 'moving in the right direction.'



Eman93
4,659 posts
msg #71488
Ignore Eman93
2/17/2009 10:26:15 PM

The future work with Excel's lenders would be more important, he said.

Excel has a large amount of debt due this year, and while it still has sufficient liquidity for now, Mavrinac thinks the company will likely renegotiate its terms with the banks.

"Not an overleveraged company, but they have a lot due in the near term and like everyone else I would expect the banks to work with the company," he said. "Maybe (they will) work out a debt repayment schedule that may not be as aggressive given the reduction of cash flow."

Last week, DryShips (DRYS) managed to reach a preliminary agreement with Nordea Bank AB (NRDEF) (NDA.SK) to get some breathing room on its outstanding debt, pushing back debt due this month after announcing it was selling one of its Panamax ships for 43% less than the original price agreed to with buyers.

-By David Benoit, Dow Jones Newswires; 201-938-2472; david.benoit@dowjones.com



TheRumpledOne
6,359 posts
msg #71603
Ignore TheRumpledOne
2/20/2009 11:39:02 AM

DRYS < $3.50!!

johnpaulca
11,289 posts
msg #71666
Ignore johnpaulca
2/23/2009 9:43:09 AM

DRYS...$4.30...cha ching

johnpaulca
11,289 posts
msg #71870
Ignore johnpaulca
3/2/2009 12:57:18 PM

Did anyone picked up drys at $3.02???...I just had to get some.

TheRumpledOne
6,359 posts
msg #71974
Ignore TheRumpledOne
3/4/2009 12:29:38 PM

You're up 20% today!!

johnpaulca
11,289 posts
msg #71975
Ignore johnpaulca
3/4/2009 12:33:28 PM

AVERY...I still don't get it...people are probably buying today when it's already up 20%, I will happily sell it to them.

StockFetcher Forums · General Discussion · DRYS - OPPORTUNITY?<< 1 2 3 4 5 ... 11 >>Post Follow-up

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