Given DRYS no longer hold ORIG stock George should resign and appoint a new CEO This is the only thing that will make ORIG stock value close to what its really worth. Its hard to cook books with every rigs visible and working.. Books are OK.. Its the CEO thats not
What amazes me is the shorts trying their best to keep
new investors out.. This company is actually making money.
Cash flow positive and has a bright future ahead. Look at the growth
so far. Granted they have debt But its being managed quiet well.
Smart- ORIG is selling at 1/10 its book value. George should resign the board of ORIG. Its him alone which destroyed shareholders. The latest deal on the new rig was genius. But he also put did do ORIG shareholders right by releasing the shares held by DRYS into the treasury..I'm assuming they can be resold at a later date if they needed cash. ORIG is cash flow positive. Its a steal Worth at least 10-14.00..