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Real Estate News Releases
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(CHARTPOPPERS.COM, December 16, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company DryShips Inc. (NASDAQ:DRYS)
DryShips Inc. (NASDAQ:DRYS) engages in the ownership and operation of drybulk carriers that operate worldwide. The companyÂ’s fleet carries various drybulk commodities, including coal, iron ore, grains, bauxite, phosphate, fertilizers, and steel products. As of August 10, 2009, it owned a fleet of 41 drybulk carriers comprising 7 Capesize, 29 Panamax, 2 Supramax, and 3 newbuilding drybulk vessels with a combined deadweight tonnage of approximately 3.6 million tons, as well as 2 ultra deep water semisubmersible drilling rigs and 4 ultra deep water newbuilding drillships. The company was founded in 2004 and is based in Athens, Greece.
Recent News on DryShips Inc. (NASDAQ:DRYS)
A raft of economic information out of China Friday had implications for the direction of the dry-bulk shipping industry, and investors and market watchers were picking through the data.
Though on the surface the November figures, compiled by China's National Bureau of Statistics, once again showed vigorous growth for the world's third-largest economy, dry-bulk bears and bulls could both find evidence for their respective positions as the market turns its gaze toward 2010.
For instance: Chinese industrial output in November surged by 19.2% compared with a year ago, above the 18.2% expected by analysts, according to aBloomberg survey.
Of most interest to the shipping companies and their investors, however, were data from the Chinese steel industry -- by far the largest in the world, responsible for more than half of global steel production. China's importation of iron ore for its steel foundries is, more and more, what keeps the dry-bulk industry afloat.
Steel exports in November rose to a higher level than at any other point during an already record-breaking 2009, climbing to 2.87 million tons, up from October's 2.71 million tons.
For the bulls, the data indicates that the Chinese economy is clipping along, poised to achieve that 9% GDP growth that many market watchers are forecasting for 2010.
For the bears, the pace of that growth could mean that fears of a bubble are percolating over in Beijing, which could convince China's finance ministers to tighten monetary policy, which would curb growth, which could mean a slower pace of iron-ore consumption by the big steel mills (mills that have so far ignored Beijing's warnings about their manic output), which would, of course, lead to lighter demand for the gigantic dry-bulk carriers that move said ore across the oceans.
To view the Consolidated Investment Analysis on DryShips Inc. (NASDAQ:DRYS) Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com 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. ChartPoppers.com 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.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com 
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