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