Replies to post #37272 on DryShips Inc (fka DRYS)

[Burnt before]

Then why mention the $2 billion in your statement? a lure perhaps

People will want to see what they want to see, you can lead a horse and all that. There will be no huge improvement in the balance sheet until all the VLGCs are in operation. By this time DRYS cash position will not be as buoyant as it actually has to pay for those ships. Unless GE does another cash raising exercise with further dilution of course.

Absolutely no point looking at this until the current dilution is finished, but we all have our opinions.

GL with yours i will keep my powder dry for now on this ticker

You cannot trust GE. EOM