Replies to post #24105 on Box Ships Inc (TEUFF)

[choo choo trader]

Yes, but look at the dilution DRYS went through to get to that point. The original common shareholders were virtually wiped out. I can't even remember now how many reverse splits DRYS made, I lost track, but there were enough to make your head spin.

[choo choo trader]

I just looked up DRYS reverse splits. They did a 1/4 then a 1/15 then a 1/8 over a few month period. That's the equivalent of 1 share for 480 shares. Box doesn't need to go down that road.