Has Your Ship Come In ?

By Steve Abraham on Jul 10, 2007

I’m talking about Dryships, symbol DRYS. This stock has been on an incredible run and it doesn’t look like the trend will change anytime soon. Im not sure when to get into this stock, but it worth keeping an eye on. Here is the chart. Its pretty impressive even though it may be getting overbought, but a great stock can stay overbought for awhile.

This entry was posted on Tuesday, July 10th, 2007 at 7:14 pm and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

4 Responses to “Has Your Ship Come In ?”

By AJ on July 12th, 2007 at 6:53 pm

Hi Steve,
Still waiting for a good buy point, or have you entered into this already?
AJ.

By Steve Abraham on July 12th, 2007 at 7:14 pm

AJ,
I haven’t bought DRYS yet. Its really taken off the last few days. Hopefully, there will be some type of pullback. I wouldn’t chase it here. Thanks for the note.
Steve

By cl on July 13th, 2007 at 2:57 am

You made a very nice call on DRYS. Please check out EXM as well. Can you please suggest a good & ideal buying price for both? Thanks.

By Ginger Sullivan on December 24th, 2007 at 6:03 pm

Wizetrade definately suggest staying away from this trade. IT’s already toped out with no foreseeable future of climbing.