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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (30739)	4/22/2008 12:22:11 PM
From: Paul Senior	Respond to of 78627

Congrats on DRYS, EKS. Nice move since you mentioned it. I am in for a few shares. Unfortunately only a very few. I've been fearful of this sector and the volatility of DRYS. And was expecting to have the opportunity to add at lower prices when the stock was discussed here previously. My error. I'll take a few more shares now - still just a very few, with a view to hold at least for 18-24 months. Maybe I'll consider adding more if/as stock rises further...if it does.

To: E_K_S who wrote (30739)	4/22/2008 12:33:51 PM
From: Paul Senior	Respond to of 78627

duplicate

To: E_K_S who wrote (30739)	4/22/2008 12:34:21 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78627

As regards this article: dallasnews.com I'm interested in this section: "Meanwhile, U.S. firms are "neglecting" Brazil's offshore oil boom, Mr. Barbosa says. There are opportunities for Texas companies to provide drill ships, tugs, wellheads, pumps, undersea robots and lots of other gear, he said." I am trying to ascertain what such publicly held companies might be who would be beneficiaries of this. Anyone here with an opinion regarding, please feel free to chirp in. For now, I focusing on and adding to [t]HAL[/t] and [t]NE[/t] as the stocks move up.

To: E_K_S who wrote (30739)	5/13/2008 6:03:14 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78627

DRYS. I've mixed opinions and mixed feelings on this one. It looks like the stock's gained about 50% in about six weeks. For a $4B company, I find a quick a rise like that very, very scary. It's a hot stock. (Also scary to me.) Yet the stock/company still has some attractive things going for it that may (or may not) be reflected in the price. I'll cross-post from the "Shipping - Oil & Gas Tankers, Dry cargo, LNG" thread: Message 24582647 The gist is that financing for ships is/or might be more difficult to come by. This could/might/will affect greenfield shipyards (yards that have contracts but the yards themselves don't yet exist), and small companies who have placed orders for new ships. It's a positive for larger companies (that banks/finance companies have more confidence in). This is a positive for DRYS in two ways: 1.) DRYS is big, not small 2.) DRYS is big on the spot market, so any shortage of ships and increase in shipping rates affects them very positively and very quickly. Aside: I like the analyst quoted, Natasha Boyden, of Cantor Fitzgerald in New York. I've seen her on tv several times, and she does a credible job imo in explaining the sector and her picks. (She still likes DRYS for a buy if you believe in advancing day-rates). The ravages brought by the earthquake in China are severe, and that's going to require rebuilding and even more resources that China needs. ("The industrial city of 700,000 people — home to the headquarters of China's nuclear weapons industry — was turned into a thronging refugee camp, with residents sleeping outdoors.") This could help get immediate contracts to DRYS. (I do not know.) DRYS is a stock which will go up if/as shipping rates rise. If rates fall though, the stock will drop back quickly again too. I have a few shares; I am going to hold on-- or try to.