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DryShips Shareholder SPII Holdings Offers $4 Per Share for Merger
Thursday, June 13, 2019 - 8:06am | 116Read More...A DryShips Inc. (NASDAQ: DRYS) 13D filing shows CEO George Economou has a 83.35% stake and that SPII Holdings Inc. has delivered a non-binding letter to the company’s board with $4 per share cash conversion offer. SPII expects that the issuer will appoint a special committee of independent...
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For Day Traders, DryShips Might Be The Gift That Keeps On Giving
Thursday, April 27, 2017 - 11:25am | 524Read More...DryShips Inc. (NASDAQ: DRYS) shares are up 11.6 percent Thursday after the company reported it has fully repaid its final remaining commercial loan debt. The market clearly sees the announcement as a positive for DryShips, but long-term investors might be afraid of buying the unpredictable and...
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Kalani Investments - Who They Are And Why They Love DryShips
Monday, March 20, 2017 - 1:37pm | 474Read More...In the past several months, DryShips Inc. (NASDAQ: DRYS) shareholders have become very familiar with the name Kalani Investments. But other than the name, there isn’t much to know about the mysterious firm founded in 1996 and domiciled in the British Virgin Islands. According to filings,...
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TOP Ships: The Oil Shipper Whose Market Cap Doubled Yesterday
Friday, March 17, 2017 - 10:45am | 342Read More...TOP SHIPS Inc (NASDAQ: TOPS) was the latest shipping name to experience a wild daily swing in share price Thursday when the stock closed the day up 109.5 percent on rumors that the company could be a buyout target for rival shipper DryShips Inc. (NASDAQ: DRYS). In recent filings, TOP Ships mentions...
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DryShips Shares Float Higher On New Investment
Tuesday, January 31, 2017 - 11:20am | 264Read More...DryShips Inc. (NASDAQ: DRYS), the nano-cap owner of drybulk carriers and offshore support vessels, dominated financial headlines last year when its stock soared from under $5 per share to above $100 share in just a few days only to give up all of the gains. Once more, it is making headlines....
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Ocean Rig Shares Skyrocket After Buying 40% Stake Back From DryShips
Tuesday, April 5, 2016 - 11:53am | 199Read More...Shares of DryShips Inc. (NASDAQ: DRYS) plunged more than 7 percent on Tuesday and hit a new 52-week low of $1.91 after the company announced several business updates. DryShips said that it sold 3 of its vessels, including the Fakarava, Rangiroa and Negonego and the associated bank debt, to...
