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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.43+0.2%4:00 PM EST

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To: penthouse mike who wrote (50689)5/23/2013 9:15:27 AM
From: Fintas1 Recommendation  Read Replies (2) of 219570
 
I'm a STRONG LONG in DRYS. I own it at 2.15. I don't watch the near term. I haven't sold it higher and I'm not selling it on dips. Would I add? Depends on the number down and what other opportunities are out there.

DRYS is a volatile stock and has it's range. It's NOT for the feint of heart.

What would I do if I wanted to take a bite?

I'd be patient to see how it played out over the next week to see where it stopped. Yes I have ranges. I'd rather not put them on a public board.

Re their earnings. Nothing in there to surprise those who do their FA. In fact there was some good news in there re debt. One has to consider Deutche Banks interest and AGENDA. It favors the LONG in TIME.

Many stocks can be manipulated. Drys is one of them.

If you haven't read Richard Ney you should.

If you haven't read deep capture you should.

Fintas
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