(Total Views: 951)
Posted On: 01/28/2017 11:45:52 AM
Post# of 23063
$DRYS: Mr. George Economou, Chairman and CEO commented:
"We are very excited to now have the ability to raise up to $200 million of equity having full control of the timing . Together with available liquidity in excess of $120 million we are now in a position to commence the process of re-building the Company's fleet and earnings capacity and pursuing investments in various shipping segments as they arise. We are already evaluating a number of opportunities that we hope will materialize in the very near future."
http://investorshangout.com/post/view?id=4251915
That has been some brutal "timing" for longs that rode $DRYS down. wow....next week will be very interesting, wonder what type "timing" George will opt for. lol Oh the drama, extreme volatility offers opportunity for extreme gains/losses. We'll see.
"We are very excited to now have the ability to raise up to $200 million of equity having full control of the timing . Together with available liquidity in excess of $120 million we are now in a position to commence the process of re-building the Company's fleet and earnings capacity and pursuing investments in various shipping segments as they arise. We are already evaluating a number of opportunities that we hope will materialize in the very near future."
http://investorshangout.com/post/view?id=4251915
That has been some brutal "timing" for longs that rode $DRYS down. wow....next week will be very interesting, wonder what type "timing" George will opt for. lol Oh the drama, extreme volatility offers opportunity for extreme gains/losses. We'll see.
(2)
(0)
Sojourner here following God, obeying God, and cleaving to Him. The journey is onward.
