Wednesday, January 23, 2008

DRYS is RISKY BUSINESS

I had a good laugh when I realized that the drama being played out on DRYS is very similar to the plot and characters in that old Tom Cruise movie, Risky Business.

If you've forgotten this classic movie, the story revolves around a high-school senior (Tom Cruise) that is left at home alone while his parents leave on vacation.

During his parent's absence, Tom Cruise manages to: wreck his dad's Porsche, fall in love with a hooker, gets laid, opens a whorehouse for school kids, makes a fortune, gets laid ( I like that one), has all the belongings stolen from his parents house, has a run-in with a pimp, loses all his money buying back the stolen furniture back from the pimp and fixing the Porsche, gets accepted into Stanford (by getting the Standford U. admission counsellor laid) and the parents arrive back from their trip with everything back to normal.

Allegorically, the cast of characters in DRYS' Risky Business are:

(Tom Cruise): Played by the new longs that are running around frantically trying to justify their long position while the world around them seems to be falling apart (BDI car crash, stolen shares that you have to buy back for a loss, international market meltdowns, port and mine closures, etc.)

The Parents: Old Longs and George Economou, who are enjoying life and are oblivious to chaos.

The Pimp: Nobu Su (who got thrown overboard 24 Jan--wonder why..) that was pimping his $1,000 whore boats for $5 BJs in the back alley to make good his short position on FFA derivitives.

The Johns: The Chinese who are in tough negotiations with their whores trying to get the cheapest rates, but will eventually have to pay through the nose to get screwed anyway, but will walk away with smiles on their faces.

The whores: Shipping companies, mining companies, port authorities, trading companies, etc., who will eventually screw the Chinese and make lots of money in the process.

We are in a Risky Business, but in the end, everyone gets what they want and walks away happy and satisfied; well most do anyway....

The moral of the story comes from that classic line from Risky Business that goes:

"Sometimes in your life, you just gotta say F' it. And if you can't say it, you can't do it."

Just say F' it, buy DRYS and give me some of that Old Rock 'n Roll:

http://www.youtube.com/watch?v=ilaUVGjMkJo

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