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S&P 500
5,071.63
(
0.02%
)
US TECH 100
16,867.60
(
-0.80%
)
Dow Jones
38,460.92
(
-0.11%
)
Brent Oil
87.30
(
0.09%
)
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64,276.77
(
-0.01%
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Net-Man

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Net-Man

Re: None

Friday, 12/14/2018 6:58:32 AM

Friday, December 14, 2018 6:58:32 AM

Post# of 58072
Current book value is roughly $8 and that number continues to get larger as DRYS buys back more shares. Wonder what the outstanding share count will be next report? 87 million or so? GE will own about 83% of DRYS at that point. More importantly though there will only be 15 million shares trading at that point. Waiting on the next short report. The last showed over 2 million shares were short. With the low number of shares trading lately, it could take 3 to 4 days to cover.
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