DryShips Inc (fka DRYS)

[Net-Man]

Interesting the pps appears to be kept below $2.75. Clearly some shorting going on, but it isn't being done in anticipation of another RS. Given what the NAV per share and expected revenue streams, there would appear to be a lot of upside risk for anyone shorting now. Makes me wonder if this is being done by GE to make sure he gets the shares from rights offering. Also makes me wonder what would happen if the shares were pushed above the offering price and shareholders exercised their rights and took back control of DRYS? Would that be enough to push the pps to NAV and beyond?