Absolutely, more time for the institutional investors to acquire shares ahead of the split !

That is what I am currently studying,
The wording wasn’t making sense to me ...
“An 8 for 1 split “ I understand the terminology just fine ,
I would Love for this to happen. !

I have the Proxy in front of me ,
It came in todays mail ,
It does NOT say SPLIT
It says Subdivision?????
A 1 to 8 subdivision.....
I will call Merrill Lynch in the morning
And see what this really means ...

Post last RS is .19 nineteen cents very sad
If you were sucked into the short lived rally
Sell now ,don't be a statistic !

S.A. Stated the bottom was $3.50 ,
Look how that turned out for anyone that trusted their opinion

There are not enough shares short to have a short squeeze that would make any type of a difference

Predictions IMO
I stare at the screen all day Monday -Friday here at work,
And IMHO ....
Kalani will get another block of stock to sell when they are finished with the current one
There are not enough shares short to make any type of short squeeze
The selling will continue there are not enough buys to counteract the sells the shares move lower ,
Seeking Alpha is a pay for advertising service
Anyone Long is in big trouble with an unrecoverable loss
Another RS is around the corner
Law suits are dropped for lack of payment by plaintiffs
And more of the same
GE knows this business better than anyone and with his net worth over 1 Billion according to Wikipedia
Could be untouchable

MikeKrane... yes sir it seems that all the reverse splits have really damaged
Investors/Traders holdings ... its possible that some holders of shares have so few shares at this point that
A recovery of capital could be impossible??
Your thoughts ?

PENNYVESTOR , thank you for the seekingalpha article,
Have you ever made any money waiting for and using this technique?
Do you think DRYS is in the position currently to have investors/traders in the
" Penguin on the edge " idea ?

OKWIFE... thank you for the video link ...
I watched it 3 times ... Have you made any money here with DRYS
Based on ClayTraders analysis of its chart ?

.14 Pre-Split , Who would have thought that would happen ?
So many people thought another RS wouldn't happen and the bottom had formed ,
This stock is truly a killer ! Anyone long in this stock seems to have made a terrible mistake !
Maybe someone knows something...,?
If so Please share your thoughts ....

OKWIFE.. you say on your posts that your still buying ,
What's on your mind ? Do you Know something?

TheBondoKid , I was only talking about the last 7:1, the current price divided by 7, but yes many holders have been wiped out seeing their holdings Split down to no holdings at all ... it will be impossible for many to regain any meaningful return of capital ... SAD !

I'm sure that when Kalani winds down their holdings , they will do another Block of stock,it's been a big money maker for DRYS and Kalani so why stop the ATM machine if it's working ?

.17 Pre-Split WOW ! What a huge Financial mistake if you held after that small jump.
This stock is truly a killer to those that go Long !
Buyer Beware ! Do your Due Diligence!
Don't get caught Long !

It would appear that according to the chart and the actions of the stock, That the Financials and Share count have nothing to do with the price of the shares..
Some stocks trade in Balance with Financials and outstanding share count ,This one doesn't ,

I agree 100% any decisions from the Marshall Islands Courts could take months ,
GE Knows this business better than anyone , and with his net worth over 1 Billion
(According to Wikipedia,) he can use the delay tactic and keep this in the court systems for years before
Any verdicts are announced, GE states he has done nothing wrong and will defend the company accordingly.
Remember ... Legal and Moral are 2 different things .
IMO this gets thrown out of court , there won't be any recovery in the price of the stock or any type of recovery
Of lost principal by investors.

How many shares did you buy yesterday,?
Why did you buy them ?
There has been so much negative information on this stock and the chart really tells the story ,
Was there any reason that you had when you bought yesterday, that , that was the bottom ?
Did you sell today ?
I'm sure you know that the financials on this stock don't have any effect on the price of the shares ....?

That is amazing absolutely mind boggling incredibly insane
How can anyone buy a stock with those statistics?
It would be more fun to set your money on fire or make a video flushing your money down the toilet !

These kinds of RISKs can really hurt your bank account
I feel bad for anyone that owns this stock ,
Please sell and don't look back , a return of principle,
Even just to break even seems impossible!

As of the close 4:01:01

The current offering could take a long time , and there could always be another block sold to some else ,
You can't believe anything GE says ... it's a real shame that people are getting hurt going Long on this stock,
Everyone just wants make a little money , but if anyone unfortunately goes Long and gets stuck in a RS or a
30% after hours loss ... they can lose a lot of important money .

I agree 100% Anyone Long has made a huge mistake , if anyone looks at the chart this stock has been doing nothing but moving lower, common sense says it will continue . Now look at the after hours .60 prints .

How many did you buy ?
I hope it was your personal decision.

Please send a link to that ....

That link to Soros shows an article that is 4 years old ...

Send the link ! Or it's BS !!!!!

GE states the Law Suits have NO Merit and he again states he has done nothing wrong and will fight the Allegations, If he changes what he has stated his agenda is , then it could be viewed as ,
He admits some shady business dealings ..example ..if he doesn't do another RS to bring the price up,
It could be viewed as Pressure from the Law Suit which he says has NO Merit ..
So in the near future .. I see another RS.. Most long investors I believe will be RS Split out of almost ALL their shares.

PROOF that NO one knows what's going on with this stock ,
Except those saying it's going lower ,
No Short Squeeze
No Rocket to the moon because of Law Suit
No Bottom it's still going Lower
The Judge Has NOT made any decisions
GE isn't running and hiding
**And just watch everyone that says there won't be another Reverse Split will be wrong too **
It still amazes me that ...
People continue to make "Assumptions " but don't label it as an "Opinion"
An Assumption is an Assumption NOT A Fact !

A good time to buy ,
Maybe in 5 years when this case is thrown out

GE according to Wikipedia is a Billionaire ,
He not only Knows this business inside and out ,
He has the Legal team to defend him ,
And he did disclose his agenda in the 6K...
Due Diligence, and the maturity to SELL a losing position
Are very important in a security like this or you will get
Reverse Split out of All your shares ..
An expensive lesson for many !

I think another Reverse Split is right around the corner
Anyone Long will have so few shares left a recovery of lost money will be impossible!

I fully agree ... GE disclosed FULLY and Honestly what his agenda was in Every 6K that was presented,
And he did what he said he was doing ,that's why investors need to do their due diligence and then make a decision buy long , go short , or step away from this investment idea ,
If someone has made a bad decision hey that's life every investment idea can't be a winner
The judge say hey cry babies sorry case dismissed.

The case has NO Merit is my opinion,
My thoughts couldn't be more the opposite ,
But , Hey , that's what makes a market ,
I say it's business as usual , the court says keep trying to find more supporting evidence against the company if you can , you have 30 days .... Otherwise ... the court would try to Halt all trading immediately, that's how I read it ,I still think that the case will be thrown out ,
This can be dragged out so long the plaintiffs will get tired of the bills .
I like Coca Cola others might like Pepsi,
It's all opinion .. which we are all entitled to ...
Buyer beware , Do your due diligence ,
Don't be a cry baby if your investment idea did work out how you though it would !

That's what makes a market , One person Sells as he thinks its moving lower , one person buys it as he thinks it's going higher , IMO ... the shares move lower , the Law suit is dismissed, The kalani shares continue to sell into the market , another RS is right around the corner , If you have been Long in the stock for awhile and your obviously down it will be almost impossible to regain your loss as another RS will lower your share count .
After the block of shares that Kalani has is completely sold, GE will issue more shares to them to sell.
Any cheerleading that this stock will move higher is going to be unanswered prayers.
That's what makes a market .. different opinions ...
And we are all entitled to our opinions !

Kalani makes money by selling the shares ,they will continue selling as Kalani and GE have done nothing illegal, Legal and Moral are 2 different things , they won't shred any papers as there is nothing to hide or done illegally, Everything was disclosed in the 6Ks,
If Long investors did their Due Diligence .. and read information provided in the 6Ks and still bought shares that's their decision and risk ,
No Cry Babies , if your long you made a mistake thats all no big deal your down in your investment,
Only 2 things can happen ... your up or your down , if your down stop crying about it .

NutsNBoltz.... I will look into it and take back the shares then ...

This Law Suit will be thrown out completely by the Judge as GE has disclosed his agenda in all the 6Ks,
The Judge will say Stop your crying that your investment hasn't performed the way that you thought it would , buyer beware , do your due diligence, Dont think that you know so much that you can call the bottom ,
IMO this is what the judge says when he tells the plaintiff tough Sh*t....
Any opinions on my opinion please ...

Another Ship means more bills which means issue more shares to sell in order to raise more cash,
Which means more selling, Dilution will continue ,the halt to stop dilution was denied by the court ,
This nightmare only gets worse for anyone Long,
NO ONE is good enough to call the bottom,If you think that you are , Please buy as much as you can,
You will learn an expensive lesson !

The "Go Longs" are Wrong again, the shares are below .90 now,
When is the next Reverse Split ?