OT: DryShips selling off their fleet
what was once a 100 dollar stock is now a penny stock, and DRYS was one of the most pumped and dumped stocks, even on pm message boards.
You've got to watch the pumpers, they are very convincing. Just look at ANV or MUX or the board darling RBY. not to mention the all-time pump troll zeno's favorite, pzg.
good luck folks, you'll never get an honest opinion on these anonymous message boards.
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SAN FRANCISCO (MarketWatch) -- DryShips Inc. DRYS, +4.94% said late Monday it entered agreements to sell its tanker fleet to interests controlled by its chairman and CEO. DryShips shares rose 3.7% to 84 cents a share on moderate volume. The marine transportation company said it agreed to sell four of its Suezmax-class tankers for $245 million to entities controlled by George Economou. DryShips also entered into unconfirmed agreements to sell six Aframax-class tankers to Economou for a potential price of up to $291 million, the company said