Thanks. Interesting, but don't forget, Net assets ( total assets minus total debt) > $800m. DRYS should be trading at $8 at a minimum per net assets alone ( not including future revenues) that add more value.
$PED feels like to oil what $DRYS was to shipper run back then - a double digit squeeze wouldn't surprise (as said, I've locked in an exit regardless, just what it feels like watching this trade). Don't take as gospel ;-p