Replies to post #36439 on DryShips Inc (fka DRYS)

[modrica]

I agree , dilution is bad if money raised is to pay off debt but if you dilute and then buy assets , that why I always say that cash raised and assets bought do not reflect in market cap therefore undervalued

It is mind boggling that Georgina raised last 240 millions $ and market cap is way lower now then it was before 240 mill was raised , that's unthinkable and that's maybe why it's undervalued at the moment

I know people sold because of a reverse split but drys ran huge few times right after the splits before

Let's see what happens next week

Imo

Gl

Mod

[Burnt before]

Hellenic shipping news. MMMmmm would they be Greek as well. Greeks like to borrow money and not repay. Check out how much the country had to borrow of the rest of Europe to stay afloat. Old boats are not worth shit, they have massive over supply and plenty of shiny new ones.