But I may start buying slowly in the $1.70 range and slide with it to average 1.62. There must be some meat here and I need to be part of it... having watched this carnagefor three days
Yes, I have declared this week Black Killing Season hateful minds in uniform
Did you read the May report...IDIOT! Or where did you just spring out from like frozen Austin Powers since one month??
Maybe that's when I can do 50 cents. Week of July 10th. Why do you think some fool just sits here and selling at 62 cents and all the insiders and funds not loading despite shares being over shorted? It is called insider trading and only the privileged can do it and not get caught. So sell it....and buyback at 50 cents
I have to vent a bit. So this #$%$ sells the only major asset DRYS owned to a subsidiary of his other at the cheapest price of all time, uses the cash to repay a personal debt (ignoring other debts). He then turns around and increased his stake in the other company ORIG. This sound like something you read in fairy tales or somewhere in Africa ( though Greece is worse than most African countries now). But I am scandalized
Yesterday I read the 20f again to discover that the so-called affiliate investment was actually the ORIG stock that was first diluted, then written down 75 percent and then sold at $0.77. aaThese Greek guys are still continuing 3000 of con art. Well I sold the 4000 of the 5500 I still kept. Good news is that I started buying at $0.68. Sorry if my earlier post made you buy. This George deserves jail time!!!
So, I provide you information and I get cursed out??? What should I have done....tell you to sell??? Sorry..you have no future, I can tell you that! Even those that bought the preferred have a lock-in price ($2.75 tops and $0.39 bottom) and that was just a week ago. Sell me more today - CRASS FOOL
Seems like I missed again today. Let's see what next week might bring. I need a fill at $0.50 and it must occur. For a guy with Ontario in his name calling me names....immaterial. UK, Britain, Canada....just the same clowns. Just look at the sense in Brexit. Who would be so backward to do a think like that unless you're from the UK or Canada! - especially Ontario. The only three things that come to mind about Ontario is smoking weed (I smoked my first full grass there actually 6 yrs ago), racial profiling and medical malpractice. Any more?
I bet many of the fools selling have no idea that DRYS reported $169 million shareholders equity on May 20. They just read some misleading or half-baked stuff on the web and hit the sell button. Creating money for smart money
Either today or monday...my bid is in
What a day...lol, $2273. It's all good.
It may not fill today buy with the game being players by sellers you never can tell. So I chose to be there. When real buying emerges, I'll try and jump in then. For now, it's just a game of wearing holders out....the small retIail holders of course
That is above my pay grade although I'd not sell EAC if I'm in it already. Don't forget that shareholders equity is about $63 million. They have just won several contracts and actually have positive cash flow. Now, there appears to bea seller that wants to close it as low as possible and on the last trading second. Such moves are usually done by frustrated market makers eager to create panic and generate shares. Because of the large number of shares sold or shorted here vs the float, you can see how the sellers are eager to make a last stand. Another poster pasted stuff from last cc which I really like. I shall be an owner here by Monday...I can tell you that.. If they made $15 million interest payment not sure why someone wrote early last month of trouble with $1 million to supplier. And why the CEO said everyone will be paid by July
Rumor is they may go bankrupt as early as next week. They are not able to pay creditors. The CEO told a supplier thT was owed $1 million to wait till July. So. I may have to wait for forty cents now. Sorry, that I can't even touch it with a long pole at fifty cents
These guys are actually following my price targets but I bot none of that 150k dump. Which is good news because I can now be sure it will come to 50 cents by Monday or Tuesday. And so, my price target now remains 50 cents. The market makers or maybe mutual funds are dumping it. I am really surprised that I almost got a fill or 20k share bid at $0.58. I will retry next week....
Now watching and waiting
ZM cashed out immediately. Today's PR is false and misleading. And please avoid buying anything because ZM owned it. ZM will use some mischief to get your $$$
So, moving to HERO while waiting
I will buy between 50 and 55 cents, which will imply about 88 percent discount to shareholders equity. That is the itinerary you can say you'll not get wiped out at current business level. At that price, my downside will be no more than 10 cents under any circumstance, but then we trade for any upside. And the only reason I say that is that I saw the mgmt projecting better second half of 2016 in their May ER. I wish you luck.
Ever heard of ZM Private Equity Find and it's owner? Google it along with Erickson. You will sell your shares. ZM Fund literally stole shareholders money when they forced EAC to buy an insolvent and penniless Evergreen Helicopters that was controlled by ZM. ZM cashed out ran. Now, ZM just settled the suit for a mere $18.5 million while pocketing over $100 million. EAC was dead in 2013. We just need to bury it in 2016.