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Dryships (DRYS) Is the Short that Keeps on Giving
11 august

The stock deal cancellation send DRYS stock up 50%+. Ignore this rally. It's a stock for short-sellers that keeps on giving.

It is selling $100 million worth of shares to the CEO. So why is the stock up?

"DryShips Inc. said Friday it has approved the sale of $100 million worth of its common stock at $2.75 a share to entities affiliated with Chief Executive George Economou."

$DRYS, DryShips Inc. / H1

The cash injection creates liquidity for the company and inherently leads to the stock price adjusting for this. Too bad DRYS' business is permanently broken.

Avoid.

DRYS will fall. Agree?

Disagree: More gains ahead for DRYS.

Answered:
13 people

Dryships (DRYS) Is the Short that Keeps on Giving

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  • 12 12 correctly predicted forecasts
    Edy Bedoya
    Yes... Si.... Yes....! Don't touch it and get burn...!!!
    Reply
    0
  • 108 108 correctly predicted forecasts
    Long/Short Investments
    DRYS is garbage. I think we all won this poll :)
    Reply
    1
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