Down 40% on the Day (so far) @$0.255
What more need be said?
"... entered into firm sales agreements with entities controlled by the Company's Chairman and Chief Executive Officer, George Economou, to sell 17 vessels."
"... the Company expects to recognize an impairment charge of approximately $373 million in its results for the third quarter of 2015."
https://www.stockhouse.com/news/press-releases/2015/09/10/dryships-inc-announces-agreements-to-sell-17-vessels-and-an-expected-impairment