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Posted On: 01/30/2017 9:58:59 PM
Post# of 23063
Re: Chasing Stars #15711
DryShips +35% AH following Kalani stock purchase agreement
Jan. 30, 2017 6:47 PM ET|About: DryShips Inc. (DRYS)|By: Carl Surran, SA News Editor
DryShips (NASDAQ
RYS) +34.9% AH after disclosing more information related to its Dec. 23 sale of more than 22.5M shares to Kalani Investments; shares already had rallied 23% in regular trading.
DRYS says it sold more than 31M shares to Kalani between Dec. 23 and Jan. 30 at an average price of ~$6.30/share for a total of $200M.
CNBC's Karen Finerman says: "Kalani Investments has already sold [the shares] to the public... They haven't made that particularly clear... So if you're buying it because you think somebody just bought $200M worth of stock - no. I think they were selling it to who they hoped would be the bigger fools."
Sounds like Seeking Alpha shorting!
Jan. 30, 2017 6:47 PM ET|About: DryShips Inc. (DRYS)|By: Carl Surran, SA News Editor
DryShips (NASDAQ
RYS) +34.9% AH after disclosing more information related to its Dec. 23 sale of more than 22.5M shares to Kalani Investments; shares already had rallied 23% in regular trading. DRYS says it sold more than 31M shares to Kalani between Dec. 23 and Jan. 30 at an average price of ~$6.30/share for a total of $200M.
CNBC's Karen Finerman says: "Kalani Investments has already sold [the shares] to the public... They haven't made that particularly clear... So if you're buying it because you think somebody just bought $200M worth of stock - no. I think they were selling it to who they hoped would be the bigger fools."
Sounds like Seeking Alpha shorting!
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I'm in it to win it!
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.
I was born with it, I'm truly blessed!
Alway's searching for winners'
