$500 million at $5/sh is 100 million new shares. That means that shares outstanding will more than TRIPLE!!!!
What dilution are you talking about? Are you privvy to information that nobody else is??? I'm newly watching this stock but don't see any secondary offering.Are you starting a rumor and risking jail time, or can you point to a news release about a dilutive offering?You have already posted it, so if you are ahead of the news release, you go to jail for it for inside information.
I don't like this at all. I will use DRYS to trade, but will use EXM and EGLE for investments.