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Non-Tech : Kirk's Market Thoughts
COHR 128.77-2.5%Nov 4 3:59 PM EST
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To: Fiscally Conservative who wrote (2082)10/13/2014 8:28:32 PM
From: Fintas2 Recommendations

Recommended By
Fiscally Conservative
toccodolce

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AS DISCUSSED.. BDI is well above it's lows. It will NEVER go up again. .Just as the BOOK TO BILL never went to zero in the late 1990's.. NOT

Drys issue is can they do the convert or not.

Time will tell.

But those converts are not due till DEC 2014. The exec is in a quiet period and has stated he had x covered for commitment. Yet it's clear some are not comfortable. it's also clear someone was buying..

Drys still owns near 60% or ORIG and ORIG is doing well. Orig also paid drys a nice divi for 2 quarters. Will they do a third? Why not.. they are not having issues. HEY maybe ORIG will buy drys.. JUST kidding.

Yes ORIG is also down also but that's the nature of the game re crude prices, world coming to an end. Crude is going to 2 don't ya know? NOT

BUT prudence is a wise comment.

But you wanted a heavy sell off day. You got it..So now that you did.. you don't like it? SMILE

For all those who wanted it at 1.47 before it took off to 5.. Now ya have a chance to do it again and ya get nervous.. Question is what did DRYS have for tankers and dry bulkers or drill ships back when it was at 1.47? And now?

HMM

OK wait for a dime. In fact I'll start doing that chant. DRYS IS GOING TO A DIME.. YES THIR.. 10 CENTS.. OK maybe .12 cents.. WHAT BK.. HMMM did I mention some should do their due diligence.

Just remember ORIG will be having a great quarter.. And what is the value of orig?

Me I love a good flush. EXTRA EXTRA DRYS is going to A DIME.. SELL SELL SELL so I can BUY BUY BUY.

Fintas
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