This=probably last time:claiming they got permission May-2nd when it was approved in general manner with no numbers or dates: rushing it thru NOW to avoid any possible orders to cease & desist, gotta admit it's diabolically clever from the barracuda.
Depending on where price is right B4 it CAN still "converge with the interests of the shareholders," who are getting a small dividend on the 20th meanwhile, and if market believes this really is the last time, even Georgie wouldn't dare approve another R/S under this microscope right now... diluting first as always then R/S to reduce.
Remember the huge price increase after the last R/S but short=lived, I wouldn't recommend anyone gamble right now but if you're in and jack be nimble jack be quick, might just work out...
as of right now, it looks like there IS bid support with almost 2M AH volume just over an hour into AH buying, some are willing to take that risk. -- But first they shorted it DOWN so much to buy.
Interesting that George's nephew who ALSO is CFO so not just some random family member, was interviewed using that phrase, not saying that there would be no R/S or any specifics...
These guys make Bernie Madoff look amateur, they should be in handcuffs but is there even an extradition treaty with Greece?
-- IF so Georgie could sail to any place without one, he's probably got a drawer-full of fake passports ready.
Here's current real-time Bid/Ask, oh yeah those bottom-feeders are buying not selling (The Volume noted was during reg. day, AH so far about 1.9M):
DRYS : NASDAQ DRY SHIPS INCORPORATED
Last: 0.833
Change: +0.035 (4.39%)
Bid/Size: 0.58/95
Ask/Size: 0.588/1
Volume: 5,761,016
52 week high: 114,240.00
52 week low: 0.8103
As of 5:26:43 PM ET 7/18/2017
News 
Market Data 
Discover 
