A no brainer

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Thread images: 4

Anonymous
A no brainer 2017-03-06 08:00:47 Post No.
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A no brainer Anonymous 2017-03-06 08:00:47 Post No. [Report]

Why aren't you shorting DryShips?

In the last 12 months, DryShips has conducted four reverse splits. 1/25, then 1/4, then 1/15 and most recently 1/8.
Someone who owned 12,000 shares one year ago, now owns 1 share.

During the past 2 weeks, DryShips has issued 67 million new shares. In total, it now has a little over 100 million shares, 67 million of which was issued just recently. It still needs to issue another $70m worth of shares over the coming days, what could be well over 70m new shares, or 70% of the current shares outstanding.
If the massive issuing of new shares brings the share price below $1, it is highly likely there will be yet another reverse split.

How is this not a no-brainer?

Anonymous 2017-03-06 08:52:54 Post No.1838628
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Anonymous 2017-03-06 08:52:54 Post No.1838628 [Report]

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color me interested, especially since I unironically have made my best gains so far with a greek company, but explain me pic related first. WTF am I looking at?

Anonymous 2017-03-06 08:54:56 Post No.1838639
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Anonymous 2017-03-06 08:54:56 Post No.1838639 [Report]

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Take a look at seadrill SDRL

I predicted years ago that the company would go bankrupt because of fracking. The people who posted about buying it were not amused.

Looks like I was right.

Anonymous 2017-03-06 09:03:38 Post No.1838669
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Anonymous 2017-03-06 09:03:38 Post No.1838669 [Report]

>>1838628
My question exactly. I think they pumped it, dumped it, sucked it, and milked it dry for everything it was worth.

Anonymous 2017-03-06 09:12:47 Post No.1838702
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Anonymous 2017-03-06 09:12:47 Post No.1838702 [Report]

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>>1838639
>SDRL
Oh fuck, thanks for reminding me…

>>1838669
>milked it dry
I see what you did there…

Anonymous 2017-03-06 09:26:36 Post No.1838731
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Anonymous 2017-03-06 09:26:36 Post No.1838731 [Report]

>>1838522
It's definitely a no brainer but most of the good juice has been had

>auspex
has been shouting this from the rooftops. very sound accounting based analysis there.

basically they're running it as a lifestyle firm. the dilution is mind numbing

whats the cost per share to short? timeframe? how's the TA look? liquidity/volume?

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I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/