Replies to post #29755 on DryShips Inc (fka DRYS)

[DownWithPumpers]

The shorts are not upset by the dividend. Raising money for the dividend involves selling a bunch of shares at low prices.

The dividend was a gimmick to con the unaware investor so that they could dilute more heavily.

[minten]

the dividend is like 3 cents.

why would any short seller care about paying 3 cents if the stock is dropping 20 cents PER DAY. that dividend-thing scaring shorts is the most ridiculous thing i've ever heard.