DryShips, Inc. (NASDAQ: DRYS) is seeing a surge in pre-market trading, although it may seem muted in comparison to the good old days when this would open up or down by more than 10% on what felt as though was almost every day. This higher yesterday at $6.73 on the Baltic Dry index but then Alcoa is helping. If metals fabrication is up, then hopefully mining is and therefore hopefully shipping is not very far behind. At 8:49 AM EST we are seeing a 4.5% gain to $7.03 on over 500,000 shares. DRYS trades 23 million shares a day and this oen is still way down from those old $100+ highs.  This appears to be the highest trading level since September 24 when it hit an intraday high of $7.08 and had seen highs of $7.30 and $7.28 in the two days before that. -JON C. OGG
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