trailrunner I see that as well. AND if GE does this, and If GE acts like responsible CEO for once, with everything on hand, all assets as known, this could actually rocket very high on that and institutionals enter to invest for their portfolios, etc... As would be case in a normal scenario... Guess we have to wait & see.
JesusChrist, up to 10 year shipping charters in place! That is monstrous news to know and I worked dealing to shipping industry once many years ago as a consultantcy, and to know these facts alone, those "contracts" are like a life insurance policy which have added value and are collateral in themselves. SO damn much GE could do right here and now for the future of all invested, he would never need to continue these assanine R/S schemes to raise capital...
But as others have posted here, one cannot ignore fact volumes are dead basically after last R/S with world watching GE and DRYS for what it is as well as Kalani, et al... Legal investigations occurring as we speak now... Scared brokers, inner brokerage memos passing around saying "quiet down on the naked shorting", etc...
