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Net-Man

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Net-Man

Re: trding post# 55761

Friday, 02/09/2018 9:21:20 AM

Friday, February 09, 2018 9:21:20 AM

Post# of 58072
trding - DRYS has always used long timelines to say how long they may take to complete any action. The reality usually turns out to be they act almost immediately. So I am using their historical action to predict that DRYS is actively using the $50 million to buy up shares. I think they will minimally buy back 10 million. With prices lower though, GE could be buying back up to half of the 30 million shares in the float.
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