PBK - Aloha my friend. I haven't ventured back in just yet. Still waiting to see where the bottom may be. it is in kalani's best interest to push the pps down and keep it there in order to maximize their stake in DRYS. We already know they have a smallish stake at $3.51 and I don't see any reason why they wouldn't want the next traunch to be at a similar or lower price. Consider they have committed to provide up to $200 million in cash, but there was no definitive number of shares to be distributed. I doubt they will wait for the pps to rise above $10 in order to get their next fill.
I would rather miss some price movement versus getting crushed.
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