DryShips Inc (fka DRYS)

[Partywagon2014]

They needed to do the dividend almost immediately. I think they are doing about 50 million dilution on the stock weekly and will end near the dividend date. If they did the dividend immediately, they would have stopped a lot of short traders who would not want to payout the dividend and Kalani would have had been able to dilute. Shorts should be paying for the dilution. Charting wise, it is ready for a violent spike any day now. I would watch the Baltic Dry Index, March 15th, or when they state the dilution is over. This will likely double or triple on the news of dilution being over. I would not hold a position if you are trading it.