I am in big under 2 cents...currently up a few hundred percent..but that could go up or down huge based on news....we expect the news to hit in the month of may...
supposed buyout from a much bigger company. reverse merger actually. a big company is supposed to go public using this company as their vehicle to do it.
same great after hours happened last week..then a nothing day occured after...hopefully this time its the real deal.
19:59 $ .18 High 20,000
hi finallytherenow..its the bagholder from DRYS...stock looking at 18 cents after hours today...on another day of HUGE volume. did you decide to go long? you should consider it....there have been massive moves in some little names...DRYS looks to be setting up to be next...YES, drys is up 100 percent from the lows...but 8 cents probably never should have happened in the first place.. ORIG, they own 40 percent of..and its market cap is ballooning...folks are talking about the potential for orig and drys stocks to merge...the day for drys could be just around the corner...and personally , when we see the volume surge like this, right before and leading up into earnings..with the R/S coming on Friday morning, well we are more than a little excited, that we may quadruple our money here.
thats 4x the normal volume....volume precedes big price swings...some are setting up shop big time here..DRYS traded about 60 million shares over the past 3 days..thats insane, compared to the normal few million shares per day.
We believe DRYS big day is in the near future....as opposed to many other stocks in this and the energy sector, which are in the past..or are running out of steam..DRYS can move to a dollar..will it sustain? likely not..but in the end she probably settles around 40 or 50 cents...post split thats 10 dollars a share
we are still ALL IN on DRYS...we believe the big move, traders move and possible re-valuation of the stock to come..especially with ORIG moving up big...drys owns 40 percent of ORIG.. look at the big move...still believe DRYS may move to the .30s level within days of the split...could go much higher after the split, with very few shares available.
Big volume on 2 consecutive days...Still 2 trading days till the earnings.. all we can hope is that the smart money is moving in...and the dumb moving out...why? without the big volume i would have no hope here...but the trading action indicates some big move is on the near term horizon....hopefully its on the upside..the further ORIG moves up the better as well.. DRYS will hopefully play catchup monday thru wednesday of next week.
day is not over peckerwood...nor has earnings or the split arrived..claim your victory by next friday...if you have actually won.
fyi...news out..earnings coming on Tuesday pm..interesting timing...a couple of days before the reverse split..and likely in the middle of the run...this should be fun
FYI....We saw 600,000 share blocks on the buy side....400k blocks..and many 100 and 200k share blocks ..raising the price up....i see very little chance this rally does not continue...considering this...and the fact that drys is one of the shippers that has not moved so far....at 14 cents, this was an old traders favorite stock...think we get a rebirth of that here this week into next week., leading up to the split..on march 11th Friday......this may or may not have staying power...but it could...and even if it doesnt , we think its a big trading move for about 4 to 5 sessions...we see 40 cents.
ya think ? they told me the same thing when we put it all into NMM at 80 cents a few weeks ago....next thing we know we are up 50 percent in a day and those morons who said that were never heard from again...this is a trade here...not holding for life...in at 13...out at 39 hopefully
We did the same all in thing for drys today...another shipper...we made 50 plus percent on nmm within a day or two...now we are in drys...at 13 cents..expect a move to 30 or 40 cents on a reverse split and short squeeze....by march 11th