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Looks like we are getting the R/S.
Leading into the upcoming news, any chance we get some rumblings of a merger?
What is the rumor exactly?
Panamax rates are bouncing a little this week.
Panama Canal Expansion, and its Impact: Thoughts?
This is one is probably for Net-Man, but does anyone have any thoughts on how the newly expanded Panama Canal will affect DRYS and the BDI from the Panamax side? I know DRYS has a lot of exposure to the Panamax spot rate, so this could be a good thing to have the canal open. Does anyone have any thoughts on this?
I know it was only like 2 cents, but almost 15% down today! Ughhh, where is my gun?
Q3 Results
Third Quarter 2015 Financial Highlights
-- For the third quarter of 2015, the Company reported a net loss of $820.0
million, or $1.23 basic and diluted loss per share. Included in the third
quarter 2015 results are impairment charges and loss on sales on the
entire drybulk fleet, of $797.5 million, or $1.20 per share. Excluding
these impairment charges and losses, the Company's net results would have
amounted to a net loss of $22.5 million, or $0.03 per share.(1)
-- The Company reported Adjusted EBITDA of $30.1 million for the third
quarter of 2015.(2)
Decrease in shares outstanding?
http://finance.yahoo.com/q/ks?s=DRYS+Key+Statistics
Yahoo Lists: 708.16M
http://dryships.irwebpage.com/ir.html
Drys IR Kit Lists: 399,151,783
Seems like a pretty significant drop.
Net-Man, do you have any idea when we might see the earnings report?
Since we didn't get any press releases on the NASDAQ extension. What will happen tomorrow?
ORIG News: http://finance.yahoo.com/news/ocean-rig-udw-inc-announces-200100710.html
Thoughts on this one, Net-man?
Maybe we will get some news at close or the open tomorrow on what's going on. Tick Tock.
Nevermind DRYS, the industry cannot afford that at the moment.
Everyday this week I have expected big news that will either cripple the stock or make it soar upwards. Where is the clarity of what's going on, GE? Net-man, has there been any new information from IR?
You're starting to sound negative. Do you think all hope is lost, Netman?
Hahahaha, hey we all want this thing to get the wheels going again, but I don't think the needle will move until GE's plans are clear.
What are you getting at?
Netman, I have to assume you're on the the phone with IR. What's going on here, it sounds like they're gutting the company. I have a feeling this is playing out like blue star airlines in the movie Wall street. Gordon Geko/GE, "because it's wreckable, okay!"
Not DRYS related, but I think jobs data is going to beat expectations. I dunno, I just have a feeling. I could also be very very wrong, hahaha.
Is there any change GE and the board is trying top shop DRYS around? Cleaning up the debt could make this more attractive to a buyer.
"BP to buy DRYS for $6 a share."?????
Yahoo has the craziest speculation on their message boards.
Anyone think there is any validity to this one?
http://finance.yahoo.com/mbview/threadview/?&bn=c396792b-2191-3eff-9479-ce2440f63d84&tid=1440432344632-a9923983-6d69-4c16-b09b-5a5d86a607b7&tls=la%2Cd%2C0%2C3
That SA article could have been more negative I guess. I'm sure Net-Man will weigh in.
I read this one over at Yahoo:
"ORIG may very well buy all its shares from DRYS at market price and retire all of them. DRYS will have enough cash and ORIG outstanding shares will decrease significantly."
http://finance.yahoo.com/mbview/threadview/;_ylt=ArfWVLbvZUW9q30ScpOkVP_eAohG;_ylu=X3oDMTB2dWRlcHBhBHBvcwMyOARzZWMDTWVkaWFNc2dCb2FyZHNYSFJVbHQ-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3?&bn=c396792b-2191-3eff-9479-ce2440f63d84&tid=1439941920002-06920727-dfc8-4ad9-a34d-ca15f620bd55&tls=la%2Cd%2C3%2C3
Net-Man, Thoughts?
Oh alright. This stock though, it's incredibly painful. With 54 days to go should we put up a death clock? All kidding aside, can we catch a break?
Net-Man, I'm not sure your last post went through.
Netman, any thoughts on how the Yuan devaluation will affect the Baltic Indices?
Net-Man, we all really do appreciate the time you put into this stock for us. Onward and upward!
When you say presentation, do you believe this will coincide with earnings for Q2? Have you spoken with IR yet about these new implications?
Are we still looking for earnings post market 8/3, or is that date going to be different?
Are these your conservative estimates, or are you trying to spot on with them, Net-Man?
We need Netman to weigh in on this one, I think.
Greek Financial Issues The Cause?
Does anyone think that it is possible that the Greek financial troubles are somewhat responsible for the issues with the PPS? Thoughts?
Positive close, .71 trading 7.4M shares.
Late day movement, we have late day positive movement!
What do you think the future holds for the earnings next month?
Wow, Net-Man put the author in his place in the comments.
Where do you think the bottom lands? Any chance of a reverse split coming?