Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
private placement at 1 $ + options free
sold all my shares
You will see buying pressure when the k6 out
I hope that the SEC will examine whether the short selling was made by Kalani Investments using another account !it works like this, at the beginning of day ,Kalani short at one account and reducing the stock price using the200 m purchase agreement with DRYS .At E.O.D they cover the short at the other account at the OPEN market and cover the sells at 6% discount from DRYS.
That the reason that the p,p,s at the E.O.D is always the low of the day.
When the 200m agreement ends, they can not doing that any more and the rebound will start.
SEC please check that.
When DRYS buying a boat worth $ 84 million no chapter 11 or bk going to happen.
in at 2.11 I fill the change maybe k6 about end of dilution.
How the company entered bankruptcy when the company raise a lot of money? the stock and the company are different thing.
You can't complaint about splits when it legal.
Each company its share price falling below dollar gets a requirement to Split.
The complaint should be among others that the new shares is not blocked.
But most of the volume this week was the rest of the 200 m.
We will see that in the 6 k after market.
Who told you that?
A COMPANY that have 250 m $ is not garbage it's bargain.
iT WILL NOT FILL!
I an in at 3.68
You will be the leading of the short squeeze....
If BDY Index was not falling DRYS was not losing money, stock was rising and there was no Dilutions and splits.
The BDYI Made for the purpose of raising capital and where the trouble starts.
In recent months the index rose and it seems that the profits return
It's not a crime to Split
Split does not change the value of the company
If dilution is done under the company's economic value, it hurts stock.
Why SEC allows private placement of shares not blocked?
I blame the sec!
They are used to post at Friday night.
YOU FORGOT that the 5000% ran was after the splits...
Today or tomorrow .Follow the volume and the s/p
If Kalani Investments finished or stop the massive sells ,the stock returns soaring!
Someone has to take over the company and eliminate GE.
DRYS worth hostile takeover.DRYS With a much higher equity then market value.
To the DRYS pocket.
Not GE pocket
T pps is not falling because the splits ! The 5000% up 2 month ago was after the splits !
The fall is because the 200M $ that always at discount from the share price.
Today maybe at 6$ per share .
I bellive that today was the end of the 200 M and this is the bottom .
Good point!
And y dilute at 1 $ when the company have book value of 2.5$ +-
8 x 1
r/s don't effect the value of the company.!
And the cash on hand will be?
Do not forget now DRYS HAVE + - 120M $ That's not the company that was barely alive.
This amount of cash 1.71$ per share should stop the dilutions.
Split to improve trading!when the pps on 1.03 the next limit is 1.04 1% !
16.$
in a month after r/s
DRYS have 76 M $ at 31/12/2016 then
Between the date of the Purchase Agreement, December 23, 2016, and January 13, 2017, the Company has sold an aggregate 35,240,561 Shares to the Investor at an average price of approximately $2.44 per share. The aggregate gross purchase price for these Shares was $86.1 million.
76*86.1=162.1 M $
Following the settlement for all of such Shares sold as of the date hereof, the Company will have a total of 69,333,763 shares of common stock outstanding.
So 162.1 M $ FOR 6,9333,763 shares that's 2.33 $ p/s
STRONG BUY IMO
https://www.bloomberg.com/quote/BDIY:IND
The BDYI is the big reason that I see good future.
https://www.bloomberg.com/quote/BDIY:IND
THE BDYI is up and with the new ships nd cash I see DRYS strong and profitable company.
I am in /the BDYI is more important then splits
SHIPW more attractive than SHIP.
in at 4.64 4.45 and 4.24
https://www.bloomberg.com/quote/BDIY:IND
The BDI INDEX is the reason.
There are assets against that,and 20 M $ THAT THEY JUST RAISED.
WHY?
ORIG +2.7%
How can they sell shares that they don't hold?
I hope that the sec tell them to buy back as long as the converted shares are not in the lender acount.