Zman Market Timing Message Board

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Strategies & Market Trends : Zman Market Timing

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mary-ally-smith

To: SGJ who wrote (4783)	12/4/2014 8:27:29 AM
From: Fiscally Conservative	1 Recommendation Read Replies (2) of 15903

DRYS has been a horrendous play for those who have been Long this year. A huge disappointment and probably a tax loss for more than a few. The fact one continues to proclaim the merits of such leaves many wondering the motivations behind such. There is now talk about a reverse stock split; makes sense, imo. Where the share price goes from here is anyone's guess, and a guess is all it is. The fundamentals surrounding DRYS is as bad as it share price now reflects. The Short's only error from a Long's standpoint was in 'being right' about the fundamentals.

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