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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (4795)12/4/2014 11:09:21 AM
From: PayItForward2 Recommendations

Recommended By
Fiscally Conservative
mary-ally-smith

  Read Replies (1) | Respond to of 15903
 
Drys has been a dog this entire bull run since 2009. Losing much more than 1/2 it's value from an already dramatic fall. So a rising tide definitely doesn't lift all boats (er tankers). And Fintas expects spx 1458, so how will Drys do in that environment? I wouldn't think too well. There must be a ton of overhead resistance in this stock with speculative traders buying dip after dip and now looking to get out at break even. I don't follow Drys, but see nothing to like about it.



To: Fiscally Conservative who wrote (4795)12/4/2014 11:17:36 AM
From: Fintas2 Recommendations

Recommended By
Fiscally Conservative
toccodolce

  Read Replies (2) | Respond to of 15903
 
You mean I supported DRYS and still do. Did the same with BAC from 11.34 and up to 15 ish and down to 4.87.. SO? Did the same with many others. SO?

In the end for me as an investor not some wannabee day trader who went long and didn't kick out as he could. I am not concerned with 1.20 or .10. I focus on the up and time frame as are many who are now entering or sizing down as the hedge fund just did and increasing it's investment from 4% to 14%.

Instead of dissing and making false suggestions about long I'd be addressing those who put it in a header and said buy and then disappeared

Here's the bottom line.

PROVE I have a motivation other than as long or be seen as another who attempts to discredit this LONG.

Da Chief has stated it's easy to be a bear.


It's hard to be a long.


I concur as I have to read crap from you. A LONG?. A guy who could have kicked it out for a profit.. Now is sucking wind with calls.

Read this and tell me what it means for DRYS/ORIG.

Fintas

Hamilton, Bermuda, December 4th, 2014 - Seadrill Limited ("Seadrill") has settled a Total Return Swap agreement (TRS) expiring on December 3, 2014 with 4,000,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 4,000,000 Seadrill Limited common shares. The expiry date for the new TRS is March 3, 2015 and the reference price is NOK96.0243 per share.

Seadrill currently has a holding of 318,740 of its own treasury shares.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.