Hard to know about another RS at this point. The primary reason why GE has conducted them so far has been to keep the pps above $1 and give Kalani the ability to off load more shares. Most shipping companies have 70+ million OS. The worst case I have seen calls for 60 - 70 million OS for DRYS once the Kalani dump is completed. That total number could be a lot less if there is a run on the shares.
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.