True...this stock burned me real bad year's ago. Before I bought it there was no negative news found. As soon as I got in the price ps started downward and stayed down. I got tired of waiting for recovery and sold at a horrible lost. So, be very careful here. Very careful.
Probably a good time to go find him!
LOL, unless you are Elon Musk- and enjoys smoking a joint on air in interviews, etc... People really worshiping him as some new age God...
Some people go to jail for smoking a joint...
Wow, thanks for the update
Haha! Yep. That’s pretty much it.
Sounds about right
Really sad that any part of this heist was approved leaving investors no future opportunity and with a company on solid footing
Have not followed this for quite awhile. Didnt they dilute shares multiple times to buy ships which in effect wiped out the value of existing share holders at that time and then investors file lawsuits to prevent another dilution?
And now DRYS got bought out by the CEO at low price? Am I getting this right?
Thanks for playin!
Indeed. I am always amused at the "investors" who get taken in by a scam, then try to convince themselves that the scammers will "get theirs".
The OTC is littered with scammers who show the opposite is true. Victims get taken, scammers get rich. DRYS is just one of the most successful scams.
shorts keep it all.....dont have to buy back nothing to buy
THANK SCHWAB...no trades today
I agree Economou is like Epstein.
Economou did this to his wife also 25 years ago or so.
He learned to steal early.
Economou got his own it was formerly your money:O(
Have a good day:O)
Well don't expect me to bend you over either... Economou is like Epstein, but regarding financial markets. Each will get their own and everyone associated to them...
You need a history lesson...
Nothing lasts forever, no such thing as too big to fail, and no such thing as "untouchable"...
LOL, no he won't. He has everyone's money and owns the company.
And he's untouchable.
It's over man. I'd hate to be Economou going forward, always looking over his back to what he did to MANY in the world... He has no friends anywhere after this- and SEC now looked upon lower than ever to allow it to happen so long...
Well, maybe that was best... By taking it public they have to pay shareholders first.
Technically, should be a wash.
DRYS is not the same since they went into drilling...but regardless, with Economou in charge, it probably was best to let this go.
Rick overall, I cost averaged down many times from the damn splits, and losses total around $20,000.00 for me. Will take me about 7 years to be able to write that off...
I agree Paradise. Definitely ranks up there with Bernie Madoff...
tyguy, stay away from GREEK shippers. They love to screw you in the backside just like their women... Dirty bastards...
George did one last screw to Investors/shareholders everywhere, and took DRYS private holding majority of shares. That lats October 9th shareholder meeting was a FARCE as it did not matter what shareholders outside of Economou voted (NO) he still did it anyway as he held majority shares... The acquiring company is one which Economou is CEO of as well!! Talk about a conflict of interest !!!!
I and MANY others filed SEC complaints to stop this, they did nothing, and we all got a royal shaft still in the end after rebuilding his whole fkng fleet over years...
He will spend rest of his miserable fkng life looking over his back...
Looks like TD Ameritrade just credited my account. Guess I have to trust & believe they were honest... LOL
I will be checking my mailbox daily for a refund check from DRYS management. I can hardly wait to receive the money.
So no big deal. Everyone gets $5.25 per share. No one looses any money.
They pulled the Registration of ALL securities of DRYS...
Seems that is what was put out.
That means the CUSIP is no longer active... which identifies the stock that is registered to it...
If this is true... You are holding junk. Worthless paper my friend. It could mean they went Private or they are BK... But no volume is not a good sign.
Thank you DRYS and GE for teaching me how to day trade stocks . They say not to day trade because not a lot of people are good at it but I remember when I was having a lot of success Day Trading DRYS back in the Fall of 2017. I made 10k in profits on drys that year . Should’ve made a hell of a lot more though. The Greeks love to play games . Good thing to know I can still play TOPS.
Scam is done it went private
Hello and sorry to anyone who lost money. I previously owned a decent amount of shares. I sold due to previous r/s and overall weak ownership.
I really think this story should be on American Greed. They would be all over a story like this and it would shine a bright light on the situation. Whether it helps financially or for education in the future I think it's a story that should be told and heard.
Somebody explain this please
No fucking way that’s legal
Say goodbye to them. Easy come easy go. Boo hoo hoo.