DryShips Inc. provides seaborne dry cargo and offshore support services. The company operates through Drybulk and Offshore Support segments. The Drybulk segment provides drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Offshore Support segment offers its services to the global offshore energy industry. As of March 31, 2016, it owned a fleet of 20 Panamax drybulk carriers with a combined deadweight tonnage of approximately 1.5 million tons; and 6 offshore supply vessels comprising 2 platform supply and 4 oil spill recovery vessels. The company was founded in 2004 and is based in Athens, Greece.
Today’s Stock Alert: Could DryShips Inc. Rise Even More? The Stock Had Another Big Increase Today http://presstelegraph.com/2016/11/1...ore-the-stock-had-another-big-increase-today/
The split was on Nov 1 Spikes then halted http://cnafinance.com/dryships-drys-stock-spikes-then-halted/12037
(1)Shares and per share data give effect to the 1-for-15 reverse stock split, approved on October 26, 2016, which became effective on November 1, 2016. Thanks Gil, didn't play it other than picking it short this morning. Fried that pick.
$DRYS Covered for small loss at 16.35. Will watch support bounces for a buy, breaks 16.15 again entering another short.
reminds me of AVXL. Hate these reverse split movers. Had I done any dd I would have been on top of it. Good luck Lloyd.
The election of Donald Trump is pushing shippers. Also $DRYS beat ER, add the r/s fiasco and you have a perfect storm for a supernova. First alerts for us around $7 on Thursday.