Replies to post #52885 on DryShips Inc (fka DRYS)

[shawley]

If GE really does get all the shares from the offering why would he try to move it one way or the other at all until he can sell?

[Net-Man]

MS - My assumption is that Sifnos will swap $100 million in debt for the shares. Basically it will make the balance sheet look better allowing GE to get commercial money in its place. What I also suspect is GE will provide more guidance in October along with the announcement the offering has closed. Both should provide the impetus to move the pps up.