Ahhhh....no they didn't!!! Cantor Fitzgeraled lowered THEIR estimate based on share dilution - ONLY!!! And yes, DRYS is diluting shares and have been since they went public. But their EPS is still rising very fast!!!
TBSI has not diluted their shares. DRYS is essentially a fmaily run business, run by a CEO who cares more about himself and his family (with who he does business and guides contracts to) than he does about shareholders.
You could do that for an insurance policy. It would only be a short term protection though.
I have said numerous times on this bard that TBSI is worth $63 a share. If they meet or beat earnings, you will see $35, then perhaps a day of profit taking, and then a run up toward the intrinsic value.