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Re: grtcli post# 51820

Friday, 09/01/2017 10:44:02 AM

Friday, September 01, 2017 10:44:02 AM

Post# of 58072
That does seem to be the big question. It seems to me that anyone buying now would be doing so for the future prospects of DRYS. The NAV based on share count after 10/2 is $7.87. Expected future revenues are all positive. So it strikes me the reason to buy would have less to do with where any class of shareholders bought in. For instance, many bought at the bottom around $1. That fact doesn't seem to weigh heavily on anyone buying since then. Buying here or higher should be based on whether there is the likelihood of the shares having a higher future value.

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