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

Wolanchuk: SELL VLNC & BUY PEIC

Posted on Silicon Investor:

To: gastrodoc who wrote (69760)
11/10/2011 12:18:37 PM
From: da_cheif™ post #69761
i would switch to peix.....even swap

Looks like a market moving call in PEIX!

Don Wolanchuk's Top Picks

Don Wolanchuk posted his top picks today on Silicon Investor.

4/28/2008 at 9:10:06 PM EST
From: da_cheif™

to da moon......best picks.....vlnc mvis mosy sybd gt f gt bid

Past Year Performance:

Past 2 months


Next Year Performance


More at facebook's Don Wolanchuk discussion forum at "Investing for the long term."

Don Wolanchuk Likes MoSys Inc. (MOSY)

Noted Guru Don Wolanchuk likes Sunnyvale California's MoSys Inc. (MOSY)

One large reason Don cites for his excitement for the stock is Silicon Valley billionaire Carl Berg has been on the list of insiders buying recently.

MOSY Fundamentals:

• No Earnings.
  Net Income Avl to Common (ttm): -$8.52M
• Revenue (ttm) = $14.33M
• Market Cap at $4.74 = $152M
• Cash per share $2.023
• Price to Book = 1.50
• Price to Sales = 10.11

MOSY Background from Yahoo! Finance:

• MoSys, Inc. designs, develops, markets, and licenses memory technologies used by semiconductor industry and electronic product manufacturers in North America, Asia, and Europe. The company offers 1T-SRAM, a semiconductor memory technology, to companies that incorporate, or embed memory on complex integrated circuits, such as system-on-chips. MoSys offers its technology to semiconductor companies, electronic product manufacturers, foundries, intellectual property companies, and design companies through product development, technology licensing, and joint marketing relationships. The company was founded in 1991. It was formerly known as Monolithic System Technology, Inc. and changed its name to MoSys, Inc. in 2006.
  

Insider Buy List

• 25-Feb-08 BERG CARL E Director
  17,554 Direct Purchase at $4.34 per share. $76,184
• 20-Feb-08 PERHAM LEONARD CHARLES Officer
  3,700 Direct Purchase at $4.33 - $4.36 per share. $16,0002
• 20-Feb-08 PERHAM LEONARD CHARLES Officer
  9,127 Direct Purchase at $4.21 - $4.36 per share. $39,000
• 20-Feb-08 PERHAM LEONARD CHARLES Officer
  10,173 Direct Purchase at $4.19 - $4.37 per share. $44,000
• 19-Feb-08 PERHAM LEONARD CHARLES Officer
  23,000 Direct Purchase at $3.80 - $4.05 per share. $90,000
• 19-Feb-08 BERG CARL E Director
  4,000 Direct Purchase at $3.79 per share. $15,160
• 15-Feb-08 SULLIVAN JAMES Officer
  5,000 Direct Purchase at $3.49 per share. $17,450
• 15-Feb-08 BERG CARL E Director
  36,200 Direct Purchase at $3.54 per share. $128,148

I like to buy stocks where the insiders are buying with their own money rather than giving themselves excessive stock options that dilute shareholder value. With all this insider buying, I will give MOSY consideration for my newsletter portfolio and personal account.

Keep track of Don Wolanchuk at our "Investing for the Long Term" facebook forum called "Don Wolanchuk."

Don Wolanchuk Bull Call 2 Years Later

Six months after this bear bashing call, the market was down 15% and less than two years later it was down over 30%.

To: Chip McVickar who wrote (512)
3/5/2001 2:35:09 PM
From: da_cheif™  (Original Post)

nice charts...but charts are divised to hide the truth and so many bears can attest to for the these past 14 years....you have to look past wat you see on the surface and look underneath starting with sentiment....the bear market label is now pasted firmly on the current action....such was the case in 87 90 94 98....the bear market label was attached to the market within days if not hours of the bottom....and in this case the split market environment has discombobulated everbody........the market loooks ugly but notice the weekly ad line of the big board...its been goin up for months.....diamonds are a bulls best friend.....murph says this..prechter says that eliadies says this richenbacher says that.....shall I keep on goin......not too many of us bulls around...just the way I like it......finbonacci relationships count 16600 as minumum expectation for the eventual breakout....