Replies to post #16479 on DryShips Inc (fka DRYS)

[grtcli]

Every buy has an accompanying sell. It is like in Vegas. You can gamble 1M on a black jack table but at the end of the night you have 1K up or down. The $ goes back and forth.

[sosjtb]

Dilution and conversions, Still new to this ticker but I'm guessing OS shares are around 15 million, someone correct me if I'm wrong, could have increased a lot today. It is telling that the volume was so high and the stock didn't really move, MM back and forth? Well managed dilution? Shorts getting bought leading to a need for big co ear if they get caught with their pants down?

Who knows....interesting nonetheless, playing it to see how it works out.

[Maker13]

Craig10,

Reply:

I saw your question. The below recent article is for all traders if they think there's "obscurities" they notice researching any company. From the article, it looks like the SEC is getting serious now. Check it out.

SEC wants earnings to comply with its rules and it won’t take no for an answer

http://www.marketwatch.com/story/sec-wants-earnings-to-comply-with-its-rules-and-it-wont-take-no-for-an-answer-2016-11-29?siteid=bigcharts&dist=bigcharts



Craig10 Thursday, 12/01/16 05:42:01 PM
Re: None
Post #
16479
of 16534 Go
Can anyone answer this question?
On Nov. 14th DRYS had 1.1 ml shares outstanding and traded 10 ml in volume, that day had extremely heavy volume which lead to the run up of the stock price. Today they traded 35 ml shares, how many shares are outstanding today and how did these extra shares get added to the 1.1 ml?