DryShips Inc (fka DRYS)

[AKsquared]

I'm certainly a DRYS lemming - but at least I'm a lemming with strong hands.....

http://www.seekingalpha.com/article/4061235

Should You Buy DryShips:

The Stock
Despite the obvious falling knife pattern in DryShips stock, investors are still buying shares in the company. In a way, this is good news because after the dilution, the company will emerge stronger at these investor's expense.
This may set up a good swing trade for those with the foresight to hold their money until after the dilution - if rising shipping rates coincide.

Conclusion
DryShips has done another reverse stock split, but this shouldn't come as a surprise to anyone, nor should investors waste time trying to find shares to borrow and short.
DryShips is being pummeled by many factors, including a tanking Baltic Dry Index and falling Capesize rates. Panamax rates remain strong, but we believe they will also fall by late April. If they don't fall, another bullish swing trade opportunity may emerge in DryShips as soon as the dilution is over.

To reiterate, we believe they will fall, but if they don't fall by late April, a bullish opportunity may emerge.
Remember, dilutive capital raises and reverse splits are like magnets for short interest. And when a company carries so much short interest that shares become hard to borrow, there is an opportunity for a hugely profitable short squeeze.