GE is now the owner of 70% of the float at a strike price of 2.75 and cannot sell for 6 months. I suspect he'll prop this stock up for 6 months, then sell and R/S.
Unfortunately $10 million flowed through DRYS today, i doubt a message board can affect that.
Honestly though, any short position should be covered or played with cautiously. I'm expecting more news so this crook CEO can make tons of cash for 6 months.