I don’t think there is any possible comparison between TMPS and DRYS.
The latest “offering” is a line of credit, under TMPS control wherein they CAN, but are not obligated to, sell puts in increments of 3x the average daily volume for a 5-10% discount to market. Any shares issued are restricted for 6 months.
I know the market is forward looking but tanking the share price today based on what may be convertible 6 months from now is absurd.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.