IPO was back in 2000 and still the junk stock is $10 below the IPO price. Chang doesn't realize the stock is not liked for many reasons including dilution.
Well, it's too bad AFOP didn't announce buyback with earnings giving folks an opportunity to dump. Instead the market has to pumps-n-dump to create opportunity. $22 to $14 recently on no news other than I know AFLOP! Bwahahaha!!! Told ya my shorts at $17 were good. +36% on my $22 shorts. Gotta love AFLOP!!!
Fools' and pumpers' memories must be tiny. Anyone with a brain looking at AMSC's chart, current price and history knows this is going to Davey Jones' locker. The equity is worthless despite Fraud St's endless attempt at financial wizardry and subterfuge.
It's manipulated junk they're selling. It makes no cents [sic] because the equity is worthless. Shorts covering some shares...that's all. There is no demand to own this failed junk. Over $1 billion in losses...prospective bagholders are buying into bankruptcy--that's all.
Bwahahaha!!! Cover my $17s for a boatload. Let the rest ride. So short and laughing all the way to the bank!! Bwahahaha!!! Warned you pumpers.
Bwhahahahahahhahhahaa!! Who on earth would buy this junk? This company is a nothing but a history of failure.
Unless you're KEM60. There's not a -7% day he doesn't like holding and pumping this junk. I've come to conclude KEM60 is the board's MASTER SHILL and will hype and hustle this junk to $0.
Before others do. Second seller is the first loser with DRYS. Simply amazing what's happened. Once I had a lot of respect and regard for GE. Now he's just another Paul Allen that'll bankrupt his own company when the time is right.
jrmills, you're one crazy nut. I'm not sure where all your numbers come from, but you've been right since I bought at $1 and took my lumps recently. DRYS is not something to have hope in. GE could care less about it. He's stripped it of all it's net worth one way or another. Post-r-split I will be shorting it. Post bankruptcy I will be buying it.
Get out of shipping. It's going to be in the bears teeth until at least 2020. I told folks to get out of NMM at $18 and now look at it.
DRYS is a loser. Trust me. I just got off it thinking there might be something still there at $1. There's not. In fact, the one catalyst I planned on with cheaper oil was tankers...and GE buys them all for himself! Impairment charges and dwindling cash...I''d look to healthier companies at healthier times. Now's time to raise cash, get/increase short positions and wait. The ponzi wheels continue to silently come off.
All these hopeless pumpers want to ignore the facts: DRYS isn't the same DRYS they once were betting on. In fact, it's cash position is dwindling, it no longer has tankers for diversification/catalyst, it's ORIG position including dividend are seriously impaired, dry bulk ships impaired...but hey, the stock still has a chance to land on the Sun! Bwhahahahaahahahaha!!
So no matter what happens, the pumpers will cling to this ca-rap. GE has failed and the world economy is failing. Regardless of scraping, I don't think anything will save DRYS. Besides without catalysts and bearing such dilution...who would care? But hey, it the stock still could do something!!! Like go to $0 post reverse split. Everyone is selling this junk. It's $.34 and heading lower for a reason, and the facts support just this.
Shorted him on WPRT, FSYS, AMSC and IMAX. If that idiot doesn't unload his IMAX soon and holds that to $5, well, the name could only be an alias! Ironically, I've taken a lot of money from this guy and yet I'm nowhere near his endless mounds he seems to lose. Where did it all come from? Who's ever heard of him? At least most people know the BFG. ;)
My IMAX short just keeps getting bigger. Only shares underwater are $27s and $29s. All the way up to $40 are bright green. Good week. Bottom could drop out any day just like FNSR. Honestly it's what I like most about shorting: it's not about hope (like say being long DRYS--glad that's gone--it's about patience and time.
Unrelated, been shorting the snot out of AFOP. What's unique about this turd is everything--and I mean EVERYTHING--says buy it and yet it goes nowhere but down. Haha! Even the pumpers have abandoned it. Well, it just reported record results again--nice company but boy is the stock absolute junk. Fraud St. loves to slam it and short it hard...hates it. It never rises far. In fact, it's IPO was back in 2001 at split-adjusted $27.50, so it's $10 below this over a decade later. I used to short companies like this and lose a lot. Yet I never seem to lose a penny shorting it. Go figure. Recently $17 to $22 and right back down in true pump-to-dump post-earnings fashion. It's my 100%-guaranteed money-printing op. Crazy markets...it's how to keep us pros guessing I suppose. Well, I've cracked more than one enigmatic code.
Bwahahahahahahahahahaha! Every single share short now profitable. And on record results!!! Who's your trading daddy?!
Bwhahahahahahahaha!!! Just like AMSC, the pumpers just want you to buy their Fraud St. junk. Short this ca-rap. Make money.
Manipulated pump-n-dump junk that should only be shorted. Fraud St. isn't fooling anyone here. Even the stupidest of pumpers won't post to this board, right banjoboob? Bwhahahhahahahaha!! How do you like me now?