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Rainy Day

Seattle, WA

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Stock Pick by Rainy Day

DRYS: DRYS upgraded

Start trading DRYS with real money!

Rate Analysis
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2 ratings
Posted 3016 days ago on 4/17/09

DRYS will go UP
$0.09 on 5/17/09
$1.43 (2,283.33% from time of market call)

1) DRYSHIPS was upgraded to OUTPERFORM (4/17) 2) Baltic Index (BDI) 20 day moving average creeping upwards 3) BDI is a forward indicator whereas the unememployment rate is a lagging indicator 4) With Oil so cheap compared to last summer, companies buying oil and keeping them in these rigs. The daily cost is not cheap!

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