DryShips Inc (fka DRYS)

[Blingsauces]

Lol...


I think he will continue to do what he has been doing... Dilute the stock until he needs another R/S to finish his Kalani offering...

What he does after that is an interesting question... Because if he ever does stop the dilution then the stock will finally go up, but if he continues to sell shares daily at below market prices it will continue to suck the money from long investors pockets.

I do not believe he shorted his own stock.

I do believe all of you people who post about fundamentals and charts and what gap it will fill and what the BV of the company is will continue to lose money here because none of that matters when the CEO is willing to sell shares at multiples below it.

If and when dilution stops DRYS could rise substantially I completely agree with that... Which is why I covered my shorts... Basically wasn't willing to risk the lawsuit stopping dilution and wiping out current profits or possible past ones as well...

Good luck to all of you longs... I happen to think your 1 R/S early but time will tell that one...