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| Comment | 8.990 | Mark Grammer | Has no direct exposure to this area. He doesn't like investing in capital-intensive industries. Can't see the outlook getting any worse and this industry may have bottomed. China will start importing iron ore and other commodities as well as exporting their products again. Prefers ports companies. (See Top Picks.) | 2008-12-29 | |
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| DON'T BUY | 19.950 | David Abella | Moves with the Baltic index which is very volatile. Has been pulling back. Could go lower with a decline in places like China. Risky. | 2008-10-22 | |
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| BUY | 72.050 | Kevin O'Leary | 92% of everything manufactured globally is moved around on ships. There will be tremendous will to let me. The stock can move 10% in a 2-day period. You have to be able to stomach the volatility. Many of the shippers pay huge dividends. Loves this sector for the long-term. | 2008-08-25 | |
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| DON'T BUY | 65.410 | Paul Thornton | Was a great stock. Whole sector did extremely well up until last October. Dry freight index (rate shippers can charge customers) suffered a very large downturn, not unlike many other areas of the market with investment assets. It’s a late cycle group and has had its big run. Oil/gas shippers are likely a better play right here because of the strength in those areas. | 2008-04-11 | |
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| DON'T BUY | 57.620 | David Burrows | Over the last 3 or 4 months there has been a pretty sizeable correction. It is a highly shorted stock, and there may be some short covering on it over the next little while, which might help, but he would stay away from it.
| 2008-03-19 | |
Experts that have talked about Dryships
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