Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 686.96

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Dec 30 4:00 PM EST

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Fiscally Conservative

mary-ally-smith

To: Fintas who wrote (66877)	12/17/2014 10:10:29 PM
From: Lazarus	2 Recommendations of 220890

Now riddle me this... how is a guy like me... who is "obsessed" with you, supposed to stop posting to you. If I stop... that would mean I'm NOT obsessed and further proof of how skewed your judgement is. AND... please, try to get it through you head: I AM NOT TRYING TO TELL YOU HOW TO INVEST. I made statements that are universally TRUE... such as: *"LOSING money and watching stocks go down to nothing is not smart investing.* This is true for me, you, and every man.... However, you can do whatever you want with your money....BURN IT FOR ALL I CARE... but no one in there right mind buys a stock at $2.15 avg and says let it go to a dime so I can buy more. But hey, maybe it comes with TMI. My recollection regarding DRYS is that I commented on this very salient FACT [taken from their website] Through its majority owned subsidiary, Ocean Rig UDW Inc., DryShips owns and operates 13 offshore ultra deepwater drilling units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 11 ultra deepwater drillships, It appears that a large part of DRYS business is deepwater drilling for oil... iow, they are not just a bulk carrier. My comment had to do with falling oil prices and whether or not the price of oil will fall below their break even point for putting those ships to work... a very valid concern for a company whose business model engages them in the oil industry. There was a very large buy on USO today followed about an hour later by a huge print on DRYS... that is the only reason I made an entry... if oil prices dont hold I will flip out of DRYS... cuz unlike you I have no desire to ride it down to a dime. Another Jessie Livermore quote: "The real money made in speculating has been in commitments showing in profit right from the start." Notwithstanding my obsession --- this will be my last post to you. Buenas suerte amigo ... its brownie time. unless it isnt.

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