Replies to post #38521 on DryShips Inc (fka DRYS)

[woodpusher]

with a $4 book value based on their 100% stake in their wholly-owned ships -- Drys ownership has been trying to figure out a way to make the shorts leave once and of all. with price of $7 (if a reverse split today) and only 3 million float -- good luck buying back your short. Book value post split will be about $30 per share, and that price could happen before noon on Thursday if shorts start to panic. With 40% of the stock shorted, the upcoming short squeeze will be a thing to behold. I wouldn't be surprised to see the stock hit 100/sh. -- temporarily of course.

[zturk]

Got a few thousands @ .99 . I have a feeling this may break 1.10 prior to RS date. Definitely a short term hold. Too toxic for long term.