Check out this article. https://www.forbes.com/sites/jimcollins/2017/11/22/dryships-solid-quarterly-results-show-the-companys-earnings-potential/#1ce757f478e2 Interestingly, the NAV $ 8.00, trading at a 50% discount with higher spots rates now, EBITDA -1 million close to break even this quarter as expected, Estimated Revenue more than exceeding $40 million in Q4, excluding Heidmar stake yet to reveal it's true earning potential, and other one time charges, 36.2 Million shares tradable as Institutional investors own 2.5 % of this including Apollo of this 36.2 Million, and GE has restricted shares till April 6, 2018. Interestingly, fits the criteria of Mr. Market mispricing. This should be going to the moon!
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.