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Breaking 7.00 tomorrow
Time to reload 6.55
Out today at 6.97
I'm back in at 6.46
Congrats to longs, one step closer to completing the dilution and cloer to a big run. Hope i didn't miss the start but got a feeling this is one more run that will pull back, but not where it started. Not a huge deal for me made some good coin this last two weeks and might get another chance to double down again. If not good luck to all.
Going to go:)
Yep, but i'll cherr it on for the longs, if not i'll reload in the 1.20 range
I'm out for now, hope it goes higher for the ppl holding still.
If not i'll be back
Ok, who put the brakes on?
This has to be mm play, but were we go from here, up or down rest of week
Lowered my position, volume just way to low to finish this dilution, something has to give.
In theory, we should be gettong more people loading every day. But the dilution is counter acking it at this time.
Quest is does it keep turning here untill the push or does it need to sell off to bring in more people? No idea here
But i do know between 1.10 and 1.40 is the worst trading range we could be in. Wish something would give.
Seen that also
Best thing for investors is we go up over 2.00 or R/S
Either way gets this dilution over quicker with less shares than sitting here in the low 1.00 range.
Where is beaks, where the hell is beaks
I see 1.20 bottom, next run who knows, i'll be happy at 3.00
I don't think we'll see near as high price as some on here think, don't trust GE enough to give this anywhere close to premium price.
If we don't see a r/s before end of next week, it's not coming. And when do people start thinking no R/S better load before run begins?
We should end this week with about 25 million to go. If price stays close to where it's at now. End of next week were under 20 million to go. (Around 17 -18 million)
Bought few more at 1.31
Buying more on dips, order in
Thought we'd see a dip to 1.20 this morning, showing strength
This will be trading over 2.00 within the next couple weeks, maybe sooner
Looks to me the bear run may be over, bulls starting to take control of this stock. Big run coming
Well that morning sell off wasn't too bad.
I also not guarantee the price is going up.
Tomorrow be here soon, we'll see.
I 'm guessing down than up.for the day.
Not so sure. I think we all want cheap share's at or under 1.00
And going forward price will spike, so why sell at 1.15 when we all know we can get lot more in a couple of weeks down the road.
I do agree price presure down in the am. But not sure after that.
Every night i see people pumping, price goes down next day. And same with the bashing, price goes up next day.
No idea
What make you think they won't issue more share's and why would you think price will go only down on the new share's?
They issued over 6 million this last week and price is up from monday.
Buy low sell high, and don't fall in love.
Stock starts falling under dollar sell.
It would start now if not for fear of R/S
But even with that ( if they do) still make money during the run if your cost average is low enough.
Kinda, some time before they get to the end there will be a huge run.
( last in losses) but when does it start?
30 million 20 million 10 million to go?
DryShips Inc. - Curveball
Aug. 6, 2017 6:13 AM • DRYS
Summary
DryShips filed a 6-K on Friday August 4th updating its issuance of common stock.DryShips issued $8.4 million of equity and $32.9 million remained to be issued under the current Prospectus Supplement.The remaining issuance equals 76% of DryShips' EMV of $43.2 million at the close on August 4th.The equity issuance surprised to the low side given the very heavy trading volume during the week and probably explains why the stock traded up for the week.DryShips released Q1 earnings on May 10th. If it sticks to form, DryShips will release earnings by the middle of next week.
DryShips Inc (DRYS) filed a 6-K on Friday August 4th updating its issuance
of common stock. Due to very heavy trading volume that exceeded 110 million shares for the week, my expectations for equity issuance for the week ended August 4th was approximately $14 million as discussed in an article titled "Heavy Volume. Heavy Issuance." Pitching a complete curveball, DRYS opted not to take advantage of the heavy volume and did not issue any stock on August 1st and 4th and issued a meager 780k shares on July 31st. This resulted in DRYS issuing $8.4 million of equity for the week, a decent amount but below expectations. As of August 4th, the remaining equity to be issued under its current Prospectus Supplement declined to $32.9 million. This represents 76% of DRYS $43.2 million of EMV as of the August 4th close.
The following table summarizes the pertinent information.
DryShipsEquity Issuance AnalysisShares O/S July 28th (millions)25.08Free Cash After Acq. July 28th$30.52Dates of IssuanceJuly 31 - August 4thShares Issued (millions)6.47Avg Issuance Price$1.30Volume Traded (millions)112.08August 4th Close$1.37Shares O/S August 4th (millions)31.54ActualEquity Issuance as % of Volume Traded5.77%Shares Issued6.47Est of Value of Equity Issued$8.41Free Cash After Acquisitions August 4th$38.93Equity Market Value @ July 28th Close$43.22
The surprisingly low equity issuance for the week begs the question why. Was DRYS trying to avoid having the stock price declining below $1 on Monday July 31st and Tuesday August 1st? As documented by the Fixed Price Request, DRYS originally wanted to issue $2 million on July 31st but settled instead for $.76. Did it shut down the issuance because of the pressure on the stock (it traded down to $1.02)?
It opted not to issue a Fixed Price Request at all to Kalani on August 1st, so no stock was issued and the stock price rallied more than 60%. DRYS then reentered the market on August 2nd when the opening price was $1.68 and sold $5.24 million of equity. With an opening price of $1.68, DRYS could be reasonably sure it would not drive the price below $1.
DRYS sold another $2.41 million the next day, August 3rd, due to the decline volume traded and average price that day in comparison with August 2nd. DRYS closed at $1.23 on August 3rd and the Company opted not to sell any stock again on August 4th. The stock closed up $.14 at $1.37. It is dangerous to make assumptions on such limited information, but it would appear, particularly after the decision not to sell stock on August 4th, that DRYS was trying to prevent the stock from breaking the $1 level.
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I see selling Monday morning, then buying rest of day.
People were expecting the remaining dilution to be down under 28 million,
but was this bad news? 8 million a week can easily be soaked up until dilution is over and price is way under valued.
New buyers would love to see one more R/S for value on huge run, but is R/S really needed? The charts show a turn up and bottom put in.
not sure but pull back to 1.20 than run rest of day shows strength moving forward.
Scottrade shows 1.31- 1. 32
Fidelity shows 1.33 - 1.34
Your looking at the wrong stock
Good chance our 1.20 bottom will hold, next run into the 2.00 range
He has been dumping around 1.5 - 2.0 million shares a day regardless of price.
Good news is 2 million closer every day,
3 more weeks left.
Still shoud be ok if we make it one one week above 1.02
At 21 million i double down monday
Almost every friday night they release one.