Because the CEO is an F**king white collar crook who has stolen more shareholders money than you have had hot dinners.
DRYS has no real value because you cannot trust the CEO and you cannot apply standard business principles to DRYS because its used as GE vanity project and he will do what ever he has to to keep the turd a float, at the expense of everyone else expect GE.
There is no trust here anymore and no institution or large shareholder will risk holding this turd any more, only idiot commons as GE likes to call them
That November staged run up really did blind a lot of people to how crooked this CEO is.
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.