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« ETF Update: What a Difference a Week Makes! | Main | A Costly Error in Analysis »

November 10, 2008



Rich -- Thanks for the pointer.



The Motley Fool has a couple guys debating over it. A fairly good analysis, including DRYS' foray into offshore drilling is here:


Lynda - Thanks for stopping by and commenting. I am following articles on your site, and hope you revisit this topic.

I am following a few sources about rates that are locked in, asset value of holdings, current rates, and future bookings.

One point of this exercise is to see if readers have other sources or ideas.

Thanks again.


Lynda Applegate

Have you been able to calculate the average daily cost for Dry Ships?
My best guess is if the charter rates stay below 20,000 per day, they will be in big trouble pretty quickly. But, that's just a quick thumbnail sketch on my part.

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