Monday, June 8, 2009

Jim Cramer on DryShip

According to "Mad Jim", he has found a CEO who can fit on his wall of Shame in the form of George Economou. According to Mad Money fella, George Economou is responsible for bring the share price of DRYS from $120 to %5 "after he massively over-leveraged himself buying Ocean Rig at the height of the oil bubble and diluted his stock about five times over."

Now is Jim Cramer smart or just he is the moaning baby who has lost his investor money by buying DRYS at all time high or is he same good old fella trying to bash someone for his poor decision.

Cramer says: “That’s a pretty good bill of particulars…we will bring this man to justice.”

Well what you Mr. Cramer. I am no fan of George Economou but we think people should take you to court and get justice.

What do you fellas say about this guy?

Source: http://www.cnbc.com/id/31088069/site/14081545
Recommendation: Don't ever listen to him.

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