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Strategies & Market Trends : Value Investing
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To: Oblomov who wrote (32875)11/26/2008 4:40:08 PM
From: E_K_S   of 78802
 
Hi Oblomov - Yes I still hold Drys. I was lucky to exit with my initial seed money selling some shares at $60 and $80 but rode the others shares round trip. SFL is a ship finance company and has longer term leases than Drys. DRYs will come back when the BDI cycles back to its mean value in 18-24 months. At least that is what I am betting on. In the meantime DRYs 17% dividend is good for at least a few quarters.

EKS
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