This is no surprise as all of the shippers are doing this because the business is picking up once again. These shares will be digested fairly quickly by institutional investors and mutual funds.
The Company plans to use the net proceeds of the Public Offering and Private Placement for vessel acquisitions, capital expenditures and for other general corporate purposes, which may include repayment of indebtedness.
Tell you time is now to buy DRYS
The company knew this news for at least a week and didn't disclose it. Yet the stock traded down "for no reason". Of course there needs to be an investigation into this. The company should have immediately announced the FDA news when they were told they choose not to for some reason.
Still need to fill th Oct 12, 2012 gap between $5 and $7
Some fund must be trimming a position. No other way to explain this not rallying here. It should be trading at $90 for sure.
All he had to say is that young teens use our Instagram more and more. When they do leave FB they tend to spend more time on Instagram. We will soon be monetizing that part of our growing business.
If you FB friend restaurants or bars they will post specials only to their FB friends. I always take advantage of these deals because I like those particular places.