Why does DRYS suck so much and why is everyone who bought it so stupid?
As it just turns out, Economou has now officially committed to "make DryShips great again:
>"We are delighted to announce a series of positive developments for the Company. We appreciate the support shown by our Founder to restore our balance sheet. Following the closing of our successful equity offering and putting the New Revolver in place, we will have total available liquidity of between $119.0 million and 129.0 million that will not only give us comfort to fund operations but also gives us the opportunity to evaluate the possible acquisition of assets at distressed values. We believe that given where we are in the cycle in both the tanker and drybulk markets, we are faced with a unique entry point to acquire vessels in these sectors at historic low prices. Together with the support of our manager TMS and the revised agreements that provide for full scalability, we will make DryShips great again.
>make DryShips great again
DRYSHIPS CONFIRMED GOAT
BUY BUY BUY
>>1673573
This desu senpai desu
Buy 100 shares, hold until great again
Worst case scenario you're out $600 desu
I don't see this going down 4 again
>>1673886
btw, I took the day off to trade drys
Why does this stock behave a reoccuring P&D?
>>1673556
What is a high channel and low channel?
>tfw bought and then sold on a stop loss at the same price an hour later
I could have made a little money when it peaked but I'm just glad I dodged a bullet