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It dipped to $1.70 any thought about the bottom?
Net loss of $13.4 million, dose not pay dividends, but the middle finger. Lol
You forgot to check the last 6K?
It’s amazing to see how the CEO comes up with ideas to fill his pockets with shareholder money. The $50 million should have been given to shareholders but instead he found a way to sell his and associates stocks back to DRYS, just another mastermind theft from shareholders.
Halcon’s book value is almost the same as Northern oil but Halcon is trading at $7.50 and Nog at $1.99
I suspect the reason financials taking so long to be finished is that JC cooked the books and that was discovered by Malone and Bailey so they resigned to get out of responsibility. JC hired another company to prepare the financials for SEC filling and they discovered the same thing and now they are dragging their feet on it because they are afraid of the consequences.
Very good news out, looking forward to week of gains.
I bought either too high or sold too low, good luck to you.
The book value of NOG stands at $7.37 but it’s trading at $2 while AXAS trading at $2.40 with $0.66 book value. The point is it’s really hard to understand how stocks move.
It’s hard to comprehend the fact that NOG’s book value is $7.37 but it’s trading at 2.20 and AXAS is trading at $2.40 while its book value stands at $0.66, I just don’t get it.
What you think about this vicious bear attack and this senseless drop while oil is going up?
How strange is this, oil is going high and Nog is going down.
Are you in again or waiting on the sidelines for now?
What a joke, Pistiolis is rewarding himself so handsomely with your money.
On January 2, 2018, the Compensation Committee recommended to the Board and the Board approved an award of US$2,250,000, in cash as incentive compensation to Mr. Evangelos Pistiolis, the Company's Chief Executive Officer, or his nominee, to be distributed at his own discretion to other executives pursuant to an employment agreement between the Company and Central Mare Inc. dated September 1, 2010.
On January 2, 2018, the Compensation Committee recommended to the Board and the Board approved an award of US$1,250,000, in cash as incentive compensation to Central Shipping Monaco SAM ("CSM"), the Company's provider of ship management and newbuilding supervision services and an entity related to the Company's Chief Executive Officer, pursuant to the management agreement between the Company and CSM dated March 10, 2014.
Breitburn Energy Post-Bankruptcy Directors/Officers Identified
Breitburn Energy Partners filed with the U.S. Bankruptcy Court a notice of initial directors and officers for New Permian Corp. The notice states, “In accordance with Section 6.10 of the Debtors’ Third Amended Joint Chapter 11 plan…upon the Effective Date, the individuals listed below are proposed to serve as members of the initial board of directors and/or officers of New Permian Corp: Paul Triggianias director, Andy Taylor as director, Mike Tomkins as director and Jason Cansler as president, chief executive officer, and director, Jeremy McKamey as chief accounting officer and treasurer and Julien Smythe as vice president – finance & secretary.”
I’m in, thanks for the heads up.
I think the best opportunity to recover some money is to short it after RS, because dilution and offerings will still continue after RS.
There is a litigation in process and a lead plaintiff will be introduced soon.
Good God, with the huge news of yesterday’s I thought this will be trading over a $1 today. lol
Where I can see those rumors?
Thank you.
What we post on this board has little effect on PPS, remember when I was trying to warn everyone about the incoming offers and more dilution but no one cared including yourself?
Dcix is getting into crypto or you wish they get into crypto?
I guess not now!
Amazing success, but yes you can’t get them all. Lol
You made a fortune with 300k investment, that’s very smart, not many people can do that.
If there is no dilution then why the stock is going down? There must be a reason for that? Can’t blame the short sellers all the time.
Yes that’s what I wanted to hear, your opinion exactly.
To answer your question I must say that Dcix and Tops are in the same category of diluters at this time. All shipping stocks run in sympathy to Diana’s short squeeze but that party is over now. I’m not familiar with some of the other shipping stocks you mentioned since I don’t follow them.
This company has nothing to do with Global economics until they get the money they want. It will pop once Pistiolis announces he is done with offerings, But until then it remains volatile and risky for the novice trader like me and some others, while a good money maker for the experienced trader.
Instead of buying at $2.50 you should have shorted and made lots of money. As long as Pistiolis keeps selling shares for deep discount to market price, this stock remains the sweet heart of the short sellers. Pay attention to fillings and you would know the direction this stock is headed.
I got two questions to ask:
1- Did Diana cancel the Kalani offerings of $130 million?
2- Diana as a foreign company is not obligated to report anything at all, so why you expect them to report the share increase which amount to shooting themselves in the foot?
I bought in much higher and I’m concerned that it’s going down, my cost is at $1.79/share and I’m already down a substantial amount. I don’t know if I sell and take a loss or wait for some time.
Seems like we are the only people trading NOG.
Do you deny Diana’s toxic financing with Kalani? Maybe you think that selling shares to Kalani for deep discount is actually a good practice that adds to shareholder value? Or maybe you think that dilution is a good practice to elevate share prices?
The article you are mocking is presenting the facts about Diana’s current business conduct. The article is well balanced it dose not take a bearish or bullish stance, but it points out the facts that some people would ignore for different reasons.
Read the following and educate your self!
Diana Containerships: Is This Rally Legitimate? $DCIXhttp://www.seekingalpha.com/article/4122574
Dream on lady.
80-90% of kalani’s $130 million offerings remains to be converted to new shares and sold to the market.
The new OS is no longer 750000 shares, Kalani must have sold millions of new shares since last RS.