Misperception

We have recently been criticized for our recent coverage of DryShips and it may be deserved. Rightly or wrongly, we have viewed the purchase of shares as an investment and expect a duty of care by management. But what if we have it wrong. We recently heard a story about a tradesman who by his own admission knows little about shipping but has done extremely well in the market by alternately buying and shorting DryShips. If it is just a trade, Mr. Economou has provided the market with an ideal vehicle.

Mr. Economou has always been ahead of

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