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DryShips executed eight reverse stock splits between March 2016 and July 2017, shrinking 11.76 million shares to a single share, according to Seeking Alpha. [7] Shortly before DryShips’ final reverse split, Mother Jones journalist Kevin Drum , citing figures from The Wall Street Journal , noted that DryShips investors had lost 99.99% of their ...
George Economou or Georgios Ekonomou (Γεώργιος Οικονόμου, born 1953) is a Greek billionaire shipowner, CEO of DryShips Inc. and Ocean Rig, and the owner of Cardiff Marine. Economou owns oil tankers as well as dry bulk ships and manages them through Cardiff Marine. He was on the Forbes Magazines list of the world's billionaires ...
Anything below that is a less-than-bullish indicator. I highly recommend you visit DryShips' stock pitch page to see the verbatim reasons behind the ratings. Here, short interest is at a mere 4.5% ...
Few companies are as beaten down as beleaguered dry bulk shipper DryShips (NYS: DRYS) . After its stock imploded following the recession in dipping from over $100 to single digits, the Greece ...
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Ocean Rig UDW Inc. (NASDAQ: ORIG) has announced that DryShips Inc. (NASDAQ: DRYS) will be selling a total of 5 million shares of common stock in Ocean Rig. The move will raise capital via an ...
Share repurchase. Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. [1] It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. [2] Repurchases allow stockholders to delay taxes which they would have been required to pay on ...
What: Shares of Greek shipper DryShips (NAS: DRYS) Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they ...