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Replies to post #36544 on DryShips Inc (fka DRYS)
Burnt before
04/10/17 1:26 PM
#36546 RE: AKsquared #36544
Exactly why I'm holding.
Despite the obvious falling knife pattern in DryShips stock, investors are still buying shares in the company. In a way, this is good news because after the dilution, the company will emerge stronger at these investor's expense. This may set up a good swing trade for those with the foresight to hold their money until after the dilution - if rising shipping rates coincide.