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Bullboard - Stock Discussion Forum DryShips Inc. DRYS

Industrials
DryShips Inc is engaged in the shipping industry in the United States. The company operates as a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions. Through this division, it operates as a provider of offshore support services to the... see more

Bullboard (NDAQ:DRYS)

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Comment by Marky2on Apr 13, 2017 5:04pm

RE:RE:RE:RE:Can someone please explain

Thank you! Now I understand it!   Not happy about it though.....
58
Discussion
Comment by ufoolmeon Apr 13, 2017 3:37pm

RE:RE:RE:Can someone please explain

Stock reverse splits Mar 11 16     1 for 25 Aug 15 16     1 for 4 Nov 1   16     1 for 15 Apr 11  17     1 for 4 So if you had 7500 shares on Mar 11 ...more  
155
Discussion
Comment by Marky2on Apr 13, 2017 3:15pm

RE:RE:Can someone please explain

OK,, but my problem...how could the high have been over $2,000 and how could Yahoo say that the year target is over $4,000.......that I don't understand...
68
Discussion
Comment by ufoolmeon Apr 13, 2017 12:47pm

RE:Can someone please explain

The Rd has nothing to do with dilution.  It's the constant issuing of new shares to raise caoital that is killing it.  Do some research on the share issues over the past 2 years.
63
Discussion
Comment by MayorRobFordon Apr 13, 2017 9:53am

RE:Can someone please explain

The RS doesn't dilute the stock itself. But the offerings do. They didn't even finish the previous $1B shelf registration in offerings, and they already registered another $2B more. You can ...more  
90
Discussion
Post by Marky2on Apr 12, 2017 4:23pm

Can someone please explain

What is going on with this stock? When a company splits its stock, let's say 4 for 1 stock this is diluting the stock and should knock down the SP because of the dilution affect....more shares out ...more  
163
Discussion
Comment by bobby1231on Apr 12, 2017 8:45am

RE:OMG

Don't buy...George is upfront in saying he will use all captial to buy more ships and reverse split again. He is milking investors out of there $$$ and later will sell to one of his buddies for ...more  
157
Discussion
Comment by a-quarton Apr 11, 2017 6:18pm

RE:OMG

the only play is a short play on this one.  You will likely never see your money back , barring a miracle. Sell now, it was a bad trade and it happens to all of us. Just short it already!
94
Discussion
Post by Marky2on Apr 11, 2017 4:07pm

OMG

Guys...is this a real company? Or a complete scam....I tried calling their phone number and it said that the number is invalid?  I bought in yesterday and now I'm down 35%...is this a scam ...more  
183
Discussion
Comment by Alias65on Apr 11, 2017 12:35pm

RE:Man do I know this crook, my post from January

Is anyone else buying BLTO today
77
Discussion
Post by Nomasonon Apr 11, 2017 10:50am

Man do I know this crook, my post from January

Garbage stock I bought this years ago for $5, I got tired of Economou stringing along shareholders and treating them like dirt. I sold at $2.90 just before the first reverse split of 25 for 1. Had I ...more  
296
Discussion
Comment by ufoolmeon Apr 11, 2017 9:33am

RE:RE:RE:RE:Scary or lucrative??

If you bought lets say 400 shares at 80 cents, they cost you 320 plus commission. You now have 100 post rs shares.  So your adjusted cost base per share is 3.20 Trading right now around 2.05 ...more  
98
Discussion
Comment by Marky2on Apr 10, 2017 10:00pm

RE:RE:RE:Scary or lucrative??

Ufoolme...I'm not sure. I understand the 3.20$...Could u please explain...TY
68
Discussion
Comment by ufoolmeon Apr 10, 2017 8:07pm

RE:RE:Scary or lucrative??

It will probably close tomorrow around 2.25.  But your adjusted cost base will be 3.20.
59
Discussion
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