http://www.forbes.com/afxnewslimited/feeds/afx/2008/11/08/afx5667924.html
its more than a month since my earlier post about DRYS, looks like the fundamentals continue to deteriorate and we are in an absolute mist. When the CEO went on public saying the company can't guarantee the loan repayment and its telling investors a head of times in preparing for chapter-11, I don't see things clearer than this. No matter what would be the reasons, I still this its the too much aggression causing this and lead to such a disastrous balance sheet. I can't say a hold even loosing more than 50% in one month, things might get worse going forward and a crash in stock value is still very much on the cards.
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