DryShips Inc (fka DRYS)

[mottstocks]

Got to admit, this has me thinking. $2.75 was supposed to be a floor, not a ceiling. Unless it was never meant to be a ceiling. I'm wondering what GE has up his sleeve. Why would anybody take advantage of the offering before the price is over $2.75? The SEC investigation is going be like an albatross on the share price until they concede there's no wrong doing, and that's likely to be well after the Oct 2nd deadline for the offering. But the offering is backstopped by GE. Does that mean he's about to become majority shareholder when he purchases $100mil worth of shares at $2.75 after October 2nd? Hmmmm.