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Jumped back in. Squeeze coming.
How does that make them dumb?
Tanking.
.02's up.
That information is a year old.
I guess we know who is on bid at 3.
I agree, $2.00 is possible tomorrow, but $7.00 by EOD Friday is a bit of a stretch.
Why is this getting hammered after hours?
You're going to regret selling.
NEWS! Dryships Inc. Announces Acquisition of Four Modern Newcastlemax Vessels
DryShips Inc. DRYS, -3.57% (the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announced today that it has entered into agreements with unaffiliated third parties to acquire four modern Newcastlemax bulk carriers of approximately 206,000 DWT and with an average age of 3.0 years. The Company expects to take delivery of the vessels before the end of June 2017.
The Company will finance the total gross purchase price of approximately $124 million using cash on hand. Current liquidity stands at approximately $455 million.
Two of the vessels will be employed under time charter contracts, while the other two will trade in the spot market.
George Economou, Chairman and Chief Executive Officer commented:
"We are very pleased to have increased the size of our drybulk fleet by acquiring four modern sister vessels at historical low prices. Spot rates for drybulk vessels have continued to improve since the beginning of the year and our outlook for drybulk is positive given the modest order-book and the continued strength of the Chinese economy that generates demand for raw commodities. We continue to look at opportunities to diversify and grow our fleet with high quality tonnage and significant operating leverage."
I agree ORCA. We look good here.
BDI up 44!!
Here We Go!!
Break out time!!!
I agree. Great entry point at these levels.
Green close coming. DRY$!!
I thought you said you sold?
Possibly, which would be fine, I'll just add to my position.
So I guess you won't be jumping back in.
You should be able to break even next week. Hold a little longer for a profit.
Nice rebound AH. $1.80 thus far.
Heading back up AH.
80 mil + in volume today!! Wow!
Healthy pull back until the surge at the close.
$1.90 print.
Sold too soon?
Nice close. Let's break 2 bucks tomorrow.
WOW, blew right thru $1.50!!
Power hour push!!
Small pull back, no heading higher again.
Buy now or chase later!
$1.45 up.
$2.00 very possible today.
LOL. What happened to your .74 prediction earlier this morning?
Keep telling yourself that. I'll be LMAO all the way to the bank.
Holding up pretty well with all this so called dilution going on.
So dilution to you means any trade, whether it's a buy or a sell?? Might wanna look at the buy/sell ratio. A lot more buys than sells so far.
BDI up 54 to 1033.
TOP Ships Inc. announced today that its Special Meeting of Shareholders (the "Special Meeting") to approve an amendment to the Company's Third Amended and Restated Articles of Incorporation, as amended, to effect a reverse stock split of the issued and outstanding common stock is scheduled to be held at the offices of Central Shipping Monaco SAM, Les Orchidees, 16 Rue R.P. Louis Frolla, 98000, Monaco, on March 24, 2017 at 10:00 a.m. local time.