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Saturday, 12/08/2018 6:45:44 AM

Saturday, December 08, 2018 6:45:44 AM

Post# of 58072
DRYS has bought back another 1.1 million shares. Total outstanding is now 88,972,252 while GE's share count remains 72,421,515. His ownership percentage of DRYS has grown to 81.4%. So ~16.5 million shares trading with 2.1 million sold short (NASDAQ 11/15).

What isn't clear is how much cash remains in the buy back. However it does seem possible the outstanding will be close to 85 million before it is completed. All the while, the book value continues to get larger per share right along with the EPS. Net income per share is getting close .50 per share on a annualized basis. DRYS is definitely a different company from what it was just a year ago.

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