Thursday, July 2, 2015

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.
Don Wolunchuk's Prior DRYS Calls:
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