DRYS Don Wolanchuk 12x Dry Ships Gain Possible

This morning when I woke up I read that Don Wolanchuk was recommending Dry Ships (ticker DRYS) again with a "likely target" of $60 from its $5 per share price.

Recall this is $5 after massive reverse splits since I first saw he recommended it in 2009

DRYS Split History (From Yahoo! finance)

Splits:  1/(25x4x15x8x4x5x5x7) = 1/420,000 !!!
--------------------------------------------------------------
03/06/16 - 1/25 Reverse stock split
08/14/16 - 1/4   Reverse stock split
10/30/16 - 1/15 Reverse stock split
01/22/17 - 1/8   Reverse stock split
04/09/17 - 1/4   Reverse stock split
05/07/17 - 1/5   Reverse stock split
06/25/17 - 1/5   Reverse stock split
07/16/17 - 1/7   Reverse stock split

DRYS has falling quite a bit since his last recommendation to buy in July 2015.

 From our July 2, 2015 article: Don Wolanchuk Dry Ships DRYS Falling Knife Advice


Last year (see links below) he attempted to call bottoms again at $3.30 and $1.51. 

Now at sixty cents, he's taking another shot at calling the bottom.

• 7/2/2015 @ $0.60 "buying dryships 60c"

(Some of ) Don Wolunchuk's Prior DRYS Calls:

• Feb. 4, 2009 @ $7.10  "DRYS premarket 1.1 mill traded ....now 7.10" 
• Feb. 4, 2009 @ $7.10  "its an investment ....not a trade"
• June 6, 2014 @ $3.30  "its a gift imo im adding here"
• Oct. 24, 2014 @ $1.51  "drys booyah"

Also see:

Thursday, February 05, 2009
DRYS: DryShips Inc. (Nasdaq)
Well known market timer, Don Wolanchuk, likes Dry Ships (DRYS on the NASDAQ exchange) as a high octane (high risk) stock to take advantage of a bull market rally he expects.

end

Don Wolanchuk Dry Ships DRYS Falling Knife Advice

Silicon Investor's self proclaimed market timing guru continues to show how not to catch falling knives.   DRYS is down over 90% since Wolanchuk predicted more than a double from $7 back in 2009.

Last year (see links below) he attempted to call bottoms again at $3.30 and $1.51.

Now at sixty cents, he's taking another shot at calling the bottom.

• 7/2/2015 @ $0.60 "buying dryships 60c"

Don Wolunchuk's Prior DRYS Calls:

• Feb. 4, 2009 @ $7.10  "DRYS premarket 1.1 mill traded ....now 7.10" 
• Feb. 4, 2009 @ $7.10  "its an investment ....not a trade"
• June 6, 2014 @ $3.30  "its a gift imo im adding here"
• Oct. 24, 2014 @ $1.51  "drys booyah"

Also see:

Thursday, February 05, 2009
DRYS: DryShips Inc. (Nasdaq)
Well known market timer, Don Wolanchuk, likes Dry Ships (DRYS on the NASDAQ exchange) as a high octane (high risk) stock to take advantage of a bull market rally he expects.

Don's recent comments about DRYS:

• Feb. 2: @ ~$5 thats one very boolish looking chart....3 gap play on the decline 2 eh...........thanks
• Feb 4, 2009 @~ $7: lookin at the chart im thinkin 15 to 20 will be here this month.....

Do you think he's right this time?

Short link to this post: http://tinyurl.com/WolanchukDRYS