- Aug 4, 2000
- 29,542
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Bought DRYS @ $21 today, holy crap
Holy crap is right! It hit $44 damn dollars today! FORTY FOUR DOLLARS, A $30 GAIN, 250%!! The third straight raise from $4 last week! Up TEN FOLD!
Did I mention it was for no reason? There is no reason for this run up. NONE!
Holy crap is right! It hit $44 damn dollars today! FORTY FOUR DOLLARS, A $30 GAIN, 250%!! The third straight raise from $4 last week! Up TEN FOLD!
I was freaking out, they're maybe not going bankrupt, trying to refinance their debit, and sold a bunch of ships.
Have never doubled in the same day, what a trip.
Just so we are not shocked again, I think DRYS hits $80 before the end of the week. Since the move from $4 to $40 in three business days made no sense, why not $80?
Hello, my long lost cousin!
Not bad for aGoddamn, never count your chickens, but I'm up $44K on a $20K investment. F*ck me!
Goddamn, never count your chickens, but I'm up $46K on a $20K investment. F*ck me!
If I sell, it puts me one trade closer to getting gigged for pattern day trading again, I guess I'm in for the ride. Double bagger in 2 days...
Why not? While I doubt there is a real argument right now for this thing returning back to it's high of ~$150k ( ), $80-200 really is just peanuts, no?
crazy. I freaking wish I had money to spend on such things last week (oh, and any desire/knowledge to pay attention to these markets ). I could have doubled my annual salary by selling off my current brokerage value for a ~week play in DRYS.
Be careful what you wish for. After 20 years of trading, there is one thing that holds true - money made by speculation is usually money lost by speculation.
Assuming the price holds, and knowing Economou's past, I would be the farm that a secondary offering will be announced.