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I-Man

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I-Man

Re: eastunder post# 5563

Thursday, 12/30/2010 1:32:51 PM

Thursday, December 30, 2010 1:32:51 PM

Post# of 58072
July 1st you are correct. I posted low for the wrong stock but still, DRYS is all dried up especially after this recent announcement for Economu wanting 12 brand new vessels when rigs have not been paid off nor are there any long term contracts on what he has in place.

The short term contract PR's still do not clarify who or what will rent the rigs and too much is too sketchy with these folks.
More debt by dilluting existing stock with like 600million shares he still controls to my count is only way he can do it...
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