02-11-2009, 09:53 AM
Jake, I've been reading some of the bad news in shipping, including Samsun Logix going belly up yesterday. DRYS is suffering accordingly, down another 9% today already. What do you think the chances are that DRYS goes bankrupt? If they survive, it seems like there is some huge potential upside.
I notice they announce number after the close today. Thinking of rolling the dice with some Feb calls. Pretty amazing PEs - 0.27x trailing and 1.79x forward. I'm sure those PEs will go up as their estimated earnings drop, but even so...
I notice they announce number after the close today. Thinking of rolling the dice with some Feb calls. Pretty amazing PEs - 0.27x trailing and 1.79x forward. I'm sure those PEs will go up as their estimated earnings drop, but even so...
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market