Beacon Equity issues Technical Trading Overview for DryShips Inc
The report includes financial, comparative and investment analysis, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, September 01, 2009 ) DALLAS - BeaconEquity.com announces an DRYS' style=''>investment report featuring drybulk carrier DryShips Inc. (Nasdaq: DRYS).
The investment report on DryShips Inc. (Nasdaq: DRYS) should be of particular interest to other drybulk carriers: Eagle Bulk Shipping (Nasdaq: EGLE), Excel Maritime Carriers Ltd. (NYSE: EXM) and Genco Ship. & Trading Ltd. (NYSE: GNK).
It is available at: http://www.beaconequity.com/i/DRYS
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
DryShips Inc. (DRYS) owns a fleet of drybulk carriers, shipping materials and commodities worldwide. In addition to its fleet of vessels, which include 29 Panamax, two Supramax, seven Capesizes and two newbuilding drybulk ships, the Company owns two ultra-deep-water semi-submersible drilling rigs and two ultra-deep-water drillships.
In the report, the analyst notes:
“The shipping industry has been affected profoundly by the global recession, as measured by the Baltic Dry Index($BDI), which peaked in early July at 11,500 then, plunged to a low of 800 in early December, and settled at 2,421 as of August 28, 2009. Economists expect a rebound from a collapse in trade, citing signs of production and purchase orders improvements from Asia, especially China. …
“DRYS anticipates business to improve, as evidenced by its decision in early July to acquire the remaining 25% outstanding shares of its subsidiary Primelead. Primelead's assets of two ultra deepwater semisubmersible drilling rigs are expected to produce significant income as offshore oil drilling programs restart worldwide in response to higher oil prices.”
To read the entire report visit: http://www.beaconequity.com/i/DRYS
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
The investment report on DryShips Inc. (Nasdaq: DRYS) should be of particular interest to other drybulk carriers: Eagle Bulk Shipping (Nasdaq: EGLE), Excel Maritime Carriers Ltd. (NYSE: EXM) and Genco Ship. & Trading Ltd. (NYSE: GNK).
It is available at: http://www.beaconequity.com/i/DRYS
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
DryShips Inc. (DRYS) owns a fleet of drybulk carriers, shipping materials and commodities worldwide. In addition to its fleet of vessels, which include 29 Panamax, two Supramax, seven Capesizes and two newbuilding drybulk ships, the Company owns two ultra-deep-water semi-submersible drilling rigs and two ultra-deep-water drillships.
In the report, the analyst notes:
“The shipping industry has been affected profoundly by the global recession, as measured by the Baltic Dry Index($BDI), which peaked in early July at 11,500 then, plunged to a low of 800 in early December, and settled at 2,421 as of August 28, 2009. Economists expect a rebound from a collapse in trade, citing signs of production and purchase orders improvements from Asia, especially China. …
“DRYS anticipates business to improve, as evidenced by its decision in early July to acquire the remaining 25% outstanding shares of its subsidiary Primelead. Primelead's assets of two ultra deepwater semisubmersible drilling rigs are expected to produce significant income as offshore oil drilling programs restart worldwide in response to higher oil prices.”
To read the entire report visit: http://www.beaconequity.com/i/DRYS
See what investors are saying about these stocks at: http://www.stockhideout.com/
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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