DryShips +35% AH following Kalani stock purchase a
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Jan. 30, 2017 6:47 PM ET|About: DryShips Inc. (DRYS)|By: Carl Surran, SA News Editor
DryShips (NASDAQ
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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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