Posted On: 12/01/2016 9:51:23 AM
Post# of 23063
$DRYS interesting news!
9:27 AM EST, 12/01/2016 (MT Newswires) -- Shares of DryShips (DRYS) are trading nearly 19% higher in premarket after the company's CEO became the leader of record under its $85.1 million syndicated loan previously arranged by HSH Nordbank.
As a result, entities affiliated with George Economou control the majority of the company's outstanding $154.5 million debt. The remaining debt of $16.5 million is associated with third party commercial lenders, currently in discussions to reach an amicable settlement.
DRYS last traded at $6.10, near the low of its 52-week range of $3.84 to $435.90.
Price: 6.13, Change: +0.88, Percent Change: +16.76
http://www.mtnewswires.com Copyright © 2016 MTNewswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
talk about putting your money where your mouth is.
also don't forget recent insider buying 100k @ 5.81
9:27 AM EST, 12/01/2016 (MT Newswires) -- Shares of DryShips (DRYS) are trading nearly 19% higher in premarket after the company's CEO became the leader of record under its $85.1 million syndicated loan previously arranged by HSH Nordbank.
As a result, entities affiliated with George Economou control the majority of the company's outstanding $154.5 million debt. The remaining debt of $16.5 million is associated with third party commercial lenders, currently in discussions to reach an amicable settlement.
DRYS last traded at $6.10, near the low of its 52-week range of $3.84 to $435.90.
Price: 6.13, Change: +0.88, Percent Change: +16.76
http://www.mtnewswires.com Copyright © 2016 MTNewswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
talk about putting your money where your mouth is.
also don't forget recent insider buying 100k @ 5.81
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