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stock Breakout for day trading

advertise 2 ۩  Daily market forecast
 
Stock : DRYS |   Stock Recommendations : Buy
Sector : Transportation |   First resistance : 22.93
Stock Name : DryShips Inc |   Second resistance : 54.00
Buy Near : 10.95 |   Third resistance : 72.84
StopLoss : 8.00 |   First Support : 10.95
Posted date : 8/31/2008 12:00:00 AM |   Second Support : 9.22


DryShips Inc (DRYS) involved in crude oil transportation business. This business has good potential with crude price going down. Due to economic crises this Stock comes too much down. But if you look companies past growth and earning record this price looks reasonable to buy this Stock.

   Buy near $10.95 because its all ready over sold and majority long and short term indicator shows its in oversold position so it can jump up any time. In case when it comes near $10.95 consider as a buying opportunity. At present technical analysis | Stock analysis and fundamentally company looks good buying member, you can add in your portfolio. In down trend Stock market for any Stock investments there is always high risk but high risk high return and low risk low return. DryShips Inc you can consider for Stock Market Investment, Trading, Stock trading, Stock Investing, Day trading, Stock picks, Breakout Stocks, penny Stocks



Portfolio stock



Recent News Head Lines
DryShips Inc. Announces Completion of Acquisition by SPII Holding Inc.
(Fri, 11 Oct 2019 10:43:48 +0000)
DryShips Inc. (the “Company”) (DRYS), a diversified owner and operator of ocean going cargo vessels, today announced the completion of its acquisition by SPII Holdings Inc. (“SPII”), a company that may be deemed to be beneficially owned by the Company’s Chairman and Chief Executive Officer, Mr. George Economou, pursuant to the merger (the “Merger”) of Sileo Acquisitions Inc., a wholly owned subsidiary of SPII (“Merger Sub”), with and into the Company pursuant to the previously announced Agreement and Plan of Merger, entered into on August 18, 2019 (the “Merger Agreement”), by and among the Company, SPII and Merger Sub. In the Merger, all outstanding shares of common stock, $0.01 par value, of the Company not owned by SPII were converted into the right to receive $5.25 per share in cash, without interest.
DryShips Inc. Announces Shareholders’ Approval of Merger Agreement With SPII Holdings Inc.
(Wed, 09 Oct 2019 20:05:00 +0000)
ATHENS, Greece, Oct. 09, 2019 -- DryShips Inc. (the “Company”) (NASDAQ: DRYS), a diversified owner and operator of ocean going cargo vessels, today announced that, at a special.
DryShips Inc. Reports Financial and Operating Results for the Second Quarter of 2019
(Tue, 17 Sep 2019 20:05:00 +0000)
ATHENS, Greece, Sept. 17, 2019 -- DryShips Inc. (NASDAQ:DRYS) (“DryShips” or the “Company”), a diversified owner and operator of ocean going cargo vessels, and through the.
DryShips Inc. Announces Second Quarter 2019 Results Release Date
(Mon, 16 Sep 2019 20:05:00 +0000)
DryShips Inc. (DRYS) (the “Company” or “DryShips”), a diversified owner and operator of ocean going cargo vessels, and through the acquisition of Heidmar Inc. (“Heidmar”), a global tanker pool operator, announced today that it will release its results for the second quarter 2019 after the market closes in New York on Tuesday September 17, 2019. The Company is a diversified owner and operator of ocean-going cargo vessels that operate worldwide through three segments: drybulk, offshore support and tanker.
DryShips Announces Special Meeting of Shareholders in Connection with Proposed Transaction
(Mon, 09 Sep 2019 10:00:00 +0000)
DryShips Inc. (the “Company”) (DRYS), a diversified owner and operator of ocean going cargo vessels, today announced that it has called a special meeting of the Company’s shareholders (the “Special Meeting”) to be held on October 9, 2019, at 4 p.m. local time, at 80 Kifissias Avenue, GR 151 25, Marousi, Athens, Greece. At the Special Meeting, shareholders will be asked to consider and vote on a proposal to authorize and approve the previously announced Agreement and Plan of Merger, entered into on August 18, 2019 (the “Merger Agreement”), by and among the Company, SPII Holdings Inc. (“SPII”), a company that may be deemed to be beneficially owned by the Company’s Chairman and Chief Executive Officer, Mr. George Economou, and Sileo Acquisitions Inc., a wholly owned subsidiary of SPII (“Merger Sub”), pursuant to which SPII will acquire the outstanding shares of common stock, $0.01 par value, of the Company that it does not already own for $5.25 per share in cash, without interest.


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