DRYS had roughly 26,600,000 shares as of last Friday or 1 week ago today... As of the 6k a few minutes ago DRYS now has 35,699,000 shares for roughly 9,100,000 shares of dilution this past week... Even with a lawsuit pending they didn't slow down one bit...
That's a roughly 35% increase in shares in a week and people wonder why the PPS just goes down... In all honesty I am surprised the PPS held up so well this week under that kind of pressure...
I was wrong on my R/S prediction for the day but absolutely spot on with the continued dilution prediction...
