Stocks to Buy based on the Best Stock Market Research
DryShips (DRYS) 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 January 20, 2017, it owned a fleet of 13 Panamax drybulk carriers with a combined deadweight tonnage of approximately 1.0 million tons; and 6 offshore supply vessels comprising 2 platform supply and 4 oil spill recovery vessels, as well as 1 very large gas carrier newbuilding. The company was founded in 2004 and is based in Athens, Greece.
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I would wait for DRYS to do another 1/30 reverse split, bringing the float back to 1 million shares and then buy for a speculative trade.
I bought DRYS this morning at $4.85, we'll see what happens
volume looks nice today.
Have you messed with DRYS recently?
Waiting for DRYS to do another reverse split and then tank 50%.....I will look to trade it at that point.
DRYS is trading at $2.62 and just completed another reverse split, this time 1 for 4.