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MicroKing

03/08/17 1:37 AM

#31082 RE: rjp1234 #31081

I will never invest in another Greek shipping company. I'm down close to $20k. So beit. I tried averaging down only to get diluted again. The day I can sale without a wash sale, I'm out and will never look back. This will be my last post. Been holding since 12/2016. Yo GE, fu and your dividend.
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modrica

03/08/17 1:39 AM

#31083 RE: rjp1234 #31081

I really hope you were joking when you're throwing those PPS numbers around

If drys returns to 1000 $ a share - that's not serious conversation

Drys has 100 millions shares now and considering all the cash raised and all the assets everyone would be very happy and realistically PPS could reach 2.50 - 3 bucks

But then again it's drys so everything is possible

IMO

Gl

Mod
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DownWithPumpers

03/08/17 3:14 AM

#31092 RE: rjp1234 #31081

who are basically buying high and selling low.

The people who find lousy companies and buy low and sell high, do it in the reverse order. They short high, and then buy back low later. They're called shorts. They're the ones that are *HAPPY* to sell you shares at 3.33.

They're wouldn't be any shorts, if there weren't people paying way too much for stock in rotten companies with dishonest management.
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All_In4DNAX

03/08/17 6:54 AM

#31096 RE: rjp1234 #31081

Best post I have read on this board. The only way the shorts win is when we panic and sell. My average pps is $2.03 so I am in for a nice profit when it runs. I have not have $12k invested but I have a few thousand and I am in it to win big or lose big.

If your mad at the shorts for destroying the stock than stop selling to them and buy up the shares.
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I-Man

03/08/17 7:17 AM

#31098 RE: rjp1234 #31081

rjp VERY good posting indeed. Hey, DRYS also made list of Top 9 stocks retailers loved in month of February too... :-)
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November61

03/08/17 7:43 AM

#31101 RE: rjp1234 #31081

Real bears are part of the " game " and they bet on a pps going down the same way bulls bet on a pps going up.

The problem is the NAKED STINKY CORRUPTED SHORTED SHARES.

28% of yesterday volume were naked shorted shares.

Allowing somebody to sell shares he doesn't have, it is already hard to swallow knowing that your stinky broker could do that in your back.
But, allowing somebody to sell shares that don't even exist is beyond understanding.

So, next time you receive an email from your broker asking for a feedback, tell him the truth and write down your thoughts in your answer. Up to you to add few F word in your email.

Now as far as DRYS, supply is greater than demand, because of the offering. However compared to last week the demand increased and few people are really loading a nice position. My bet is they don't do it for a double....much more.

GLTY