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Stock impact report

Better Buy: DryShips Inc. vs. Transocean LTD. [The Motley Fool]

DRYSHIPS (DRYS) 
US:NASDAQ Investor Relations: dryships.irwebpage.com/ir.html
Company Research Source: The Motley Fool
Better Buy: DryShips Inc. vs. Transocean LTD. There's something inherently romantic about the world's oceans, but investors can't afford to get caught up in sentiment when looking at companies like DryShips Inc. ( NASDAQ:DRYS Transocean LTD. NYSE:RIG Just don't do it DryShips isn't a company worth owning. That statement might seem a bit harsh, even sudden, but there's a good reason I said it -- you have to trust the leaders of the companies with your hard-saved money. And that's really hard to do with DryShips. Here's a quick synopsis of the company's history. Image source: Getty Images. DryShips is largely a dry bulk carrier, meaning it transports things like coal and iron ore. It fell on hard times a few years back when the rates it earned were low and its leverage was high. The company worked out a deal with founder and CEO George Economou in late 0 for a cash infusion. Following that deal, the company quickly agreed to sell new shares to a third-party investor. Instead of working Show less Read more
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