I’ve never been accused of ignoring risks in DryShips (Nasdaq:DRYS).  Earlier posts warned of CEO Economou’s conflicts of interests and renegotiation of charter contracts. But today’s commotion about a “going concern” warning in DryShips’ 20-F filing strikes me as much ado about nothing.  This is not news.  As Economou pointed out, it was discussed in [...]

Not a week goes by without emails from dedicated DryShips (Nasdaq:DRYS) investors, trying to persuade me that I got the story wrong and the stock is really headed back to $50.  That wouldn’t be so strange if I wrote about DRYS frequently.  However, prior to this I only wrote one article on DryShips, and that [...]

Only seven months ago, dry bulk shippers were on top of the world.  The rapid growth in spot prices transformed mundane companies like DryShips (Nasdaq:DRYS) and Excel Maritime (NYSE:EXM) into multi-billion dollar growth stocks, trading millions of shares per day. Its a different world today for the dry bulk shippers.  Slowing growth in China means [...]