Be careful with DRYS. They have another $2 billion shelf offering they can dig into. And then the CEO can unload his remaining ships to DRYS.
But I think they will lay low for a while after this offering is completed. lol. So take some money off the table when the time is right.
For this to be a longer term investment, I would have to see a number of things. And it begins with the CEO acquiring a stake in the company. Perhaps he already did. We'll see.
And the dividend is pretty much useless with 60M O/S after the offering.
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