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Bullboard - Stock Discussion Forum DryShips Inc. DRYS

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

NDAQ:DRYS - Post Discussion

DryShips Inc. > Kalani investment
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Post by Marky2 on Apr 26, 2017 3:03pm

Kalani investment

Drys entered into an agreement to sell Kalini about 200$ million....This is a legit company headquartered in on Marshall Islands , same as DRYS...so G.E. Sells stock to Kalini for let's say 2.00$ a share....Kalini turns around and immediately dumps the stock on the market....let's say for $1.50 a share.....WHY would he take on an immediate cash loss on the sale....and how does GE benefit....unless he makes money by selling Kalini at  2.00$ and using the same money and buys back the shares at $1.50??? Can someone please explain to me in laymans terms?....
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