[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | | Home]

A no brainer

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 6
Thread images: 4

File: DRYS-DryShips[1].jpg (30KB, 315x315px) Image search: [iqdb] [SauceNao] [Google]
DRYS-DryShips[1].jpg
30KB, 315x315px
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?
>>
File: drys.png (12KB, 776x279px) Image search: [iqdb] [SauceNao] [Google]
drys.png
12KB, 776x279px
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?
>>
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.
>>
>>1838628
My question exactly. I think they pumped it, dumped it, sucked it, and milked it dry for everything it was worth.
>>
>>1838639
>SDRL
Oh fuck, thanks for reminding me…

>>1838669
>milked it dry
I see what you did there…
>>
>>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?
Thread posts: 6
Thread images: 4


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]
Please support this website by donating Bitcoins to 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
If a post contains copyrighted or illegal content, please click on that post's [Report] button and fill out a post removal request
All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site. This means that 4Archive shows an archive of their content. If you need information for a Poster - contact them.