Replies to post #37917 on DryShips Inc (fka DRYS)

[eastunder]

Oh for the love of God. LOLOLOLOL

Even the damn lawyers can't wrap their heads around reverse splits. Maybe they should just leave the PPS numbers out of it and stick to facts. Facts like the numerous reverse splits, Kalini and George pocketing Millions.

Saying Between November 9 and November 16, 2016, shares of DryShips rose from $163 to $2,336 per share just doesn't make one feel that you're in good hands with these ambulance chasing lawyers in charge.

Press Release

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against DryShips Inc. – DRYS

New York, N.Y., May 1, 2017. Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of DryShips Inc. (NASDAQ: DRYS) resulting from allegations that DryShips may have issued materially misleading business information to the investing public.

Between November 9 and November 16, 2016, shares of DryShips rose from $163 to $2,336 per share. The Wall Street Journal reported that DryShips began to make a series of stock sales totaling more than $500 million a day after its shares peaked. The Wall Street Journal also reported that DryShips sold the stock to Kalani Investments, which in turn sold the stock to small investors. It was further reported that DryShips’ series of stock sales could yield DryShips Chairman and Chief Executive Officer George Economou tens of millions in profits. Since the mid-November peak at $2,336 per share, DryShips’ shares have fallen 99.9% to $1.30 per share as of April 28, 2017.

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