Replies to post #57024 on DryShips Inc (fka DRYS)

[ValuHunter]

Net-Man,
DRYS continues to have the best balance sheet in the shipping industry.That would mean DRYS is trading at only 1.2 times CASH $$$ only? How ridiculously cheap this stock is? Certainly, a candidate for a buyout or privatization or a Hedge Fund taking the rest of the Float cheaply from shareholders who really don’t know the value of what they own. That would seriously call in to question DRYS potential NAV $8.45 as stated by the company way back in February. Certainly times have changed, the NAV is already way higher than that.
ValuHunter

[I-Man]

Yeah, and if he was a "bank" could go to US Treasury for low % money at 2.5% rate, and they would give him 10 times what is net cash available is to loan out !!! 10 times $500 million = $5 Billion borrow power from Fed... LOL