By Harvey on November 18, 2009
Well the Dryships news did not appear to be much of an event. I punched out at the open at $6.85 and should have gotten up early to watch and make the sell myself at the top of the 100% regression channel near $7.08 (it’s morning high so far). Oh well, it was another profitable [...]
Posted in Buys & Sells | Tagged DRYS, DryShips Inc., Sells
By Harvey on November 17, 2009
Well until tonight I thought DRYS was doing okay. Then I saw on Zantrio.com they had DRYS listed for a possible short tomorrow. Apparently DRYS announced a 300 million convertible senior notes offering and that it signed an agreement with Deutsche Schiffsbank on waiver terms for $117.5 million of debt. Anyways, I hate bad news, [...]
Posted in Buys & Sells, Rags | Tagged DRYS, DryShips Inc., Lubrizol Corporation, LZ
By Harvey on November 14, 2009
DRYS and LZ did not fall apart this week. DRYS is now sitting on the precipice so to speak. And LZ seems to be heading higher. Now what does mother Market have in store for us next week?
Posted in Buys & Sells, Rags | Tagged Buys, DRYS, DryShips Inc., Lubrizol Corporation, LZ, Rag
By Harvey on November 12, 2009
Like I said, Kicked in the teeth! DRYS was $0.11 away from my tentative daily sell price of $7.20. My spike price for LZ was $76.00, but we came no where near that. Right now I’m hoping we have a couple more days of up. But who knows? Not I, that’s for sure.
Posted in Buys & Sells, Rags | Tagged DRYS, LZ
By Harvey on November 11, 2009
It was a good day for DRYS – Dryships, Inc. and LZ – Lubrizol Corporation. DRYS was up $0.53 to $6.77 (+8.49%) and LZ was up $1.31 to $74.00 (+1.80%). DRYS was bought at $5.88 and LZ at $67.91. So, doing the math I have a +15.13% gain in DRYS and +8.96% gain for LZ. [...]
Posted in Buys & Sells, Rags | Tagged Buys, DRYS, DryShips Inc., Lubrizol Corporation, LZ, Rag
By Harvey on November 8, 2009
Both Buys are doing okay. They are not soaring, but thankfully they are not flailing either. DRYS – Dryships, Inc. is up +4.93%. LZ – Lubrizol Corporation is up +4.84%, but then come Monday morning it could be underwater. Who knows what will happen. So we will see how next week goes. I am looking [...]
Posted in Rags | Tagged DRYS, DryShips Inc., Lubrizol Corporation, LZ, Rag
By Admin on November 2, 2009
Today I bought some DRYS – Dryships, Inc. at $5.88. I missed the days low, and I’m not happy about it.
Posted in Buys & Sells | Tagged Buy, DRYS, DryShips Inc.
By Harvey on October 10, 2009
I was flippin round the internets tonight and came upon this chart of DRYS. This chart looks like many other stocks as well. The trading range is narrowing on a lot of stocks. The question is, which way are they going to break? To the upside, or the downside, and for how long? If you [...]
Posted in Rags | Tagged DRYS, DryShips Inc., Rags
By Harvey on October 1, 2009
Sold DRYS – Dryships, Inc. today. I know, I said I was going to hold it, but support just looks too far away. I’ll review this again when and if the rubber(price) hits the road (lower trendline). Right now that looks to be below $6.00. And with the general market in the same decline, I [...]
Posted in Buys & Sells | Tagged DRYS, DryShips Inc., Sell
By Harvey on September 29, 2009
I bought DRYS – Dryships, Inc. for a second time back on September 25 at $6.54. It then proceeded to drop a bit and my plan was to hopefully buy more this past Monday in the $6.00 to $6.20 range. Well as it turned out, the low last Friday of 6.25 was just that, the [...]
Posted in Rags | Tagged Buys, DRYS, DryShips Inc., Rags