DryShips Inc (fka DRYS)

[Net-Man]

Spartan - It is the last part of that I find most interesting: Unless the offering is extended. Seems to me GE may not want the additional shares and could simply extend the timeframe for shareholders to exercise their rights. Hard to know where this will go. My assumption at this point though is that come 10/3 there will be a total of 104 million shares outstanding. 36 of those will be unregistered and not in the float. With another VLGC on the way and $100 million more in NAV, and improved 3Q revenues, DRYS will be moving up quickly by then.