Replies to post #37301 on DryShips Inc (fka DRYS)

[Net-Man]

What do you estimate the per share value will be of the tangible book value when/if GE stops dilution?

[titan11]

That may all be true ....well maybe after 2 more RS's

[ThebondoKid]

TA, your investment is done. Its never coming back cause its about to be massively diluted

[Crazy Money]

You said DRYS was NOT a SCAM...

[DAD2]

Interesting points

[PeanutR]

Lmao. This is the best post ever. Lol lol

[rickotto1]

toxic avenger, you of all people should realize this is absolute poison.

[DownWithPumpers]

If you're focused on book value, ...

The company has been playing the same game for a long time. Therefore it's interesting to look into the company's past. Periodically they sell their ships for about half what they paid for them to other companies owned by the CEO. Dryships then takes a huge loss, and the book value plummets. George essentially steals the company's assets.

Here's one of the reports:
http://worldmaritimenews.com/archives/171394/dryships-sells-17-bulkers-rest-of-the-fleet-up-for-grabs/

[slmlrd]

Well said. This is a well orchestrated means at discounted fees rates of %30. In long run we will see the deal fruition.

[deanna-hopkins]

"The 2nd Rat gets the cheese from the management mousetrap"

[Crazy Money]

Maybe ya should not "invested" in DRYS