InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
)
Brent Oil
82.06
(
0.10%
)
Bitcoin
69,076.63
(
0.83%
)
Post# of 58072
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

ValuHunter

Send PM Follow Ignore
Followers 1
Posts 41
Boards Moderated 0
Alias Born 11/22/2017

ValuHunter

Re: None

Thursday, 06/28/2018 10:20:31 AM

Thursday, June 28, 2018 10:20:31 AM

Post# of 58072
I agree, This stock is still undervalued with catalysts in place to get that share price higher. GE is aligned with shareholders due to his large ownership( 73.1%). He wants the share price Higher as he can use it to purchase other Assets or even for Acquisitions due to DRYS strong balance sheet. The DRYS's Heidmar stake will be contributing to Net Income. Currently, the best value for his buck is to Repurchase these yet Undervalued shares at still a large discount. As shares are repurchased, the float shrinks, leading to even higher share prices.
ValuHunter
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up