(DRYS) DryShips Incorporated – Bear of the Day
We downgrade our recommendation for DryShips Inc. (DRYS) to Underperform ahead of its fourth quarter 2010 financial results. The drybulk shipping industry is through its most depressive situation where the vessel rate collapsed even below the rate under recession just a year ago. The spot rate has fallen to such a low level that even [...] (DRYS) DryShips Incorporated – Bear of the Day
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