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The DryShips Story, Continued
Friday, August 11, 2017 - 11:38am | 565At this point, these massive short squeezes in DryShips Inc. (NASDAQ: DRYS) are getting to be a routine occurrence. On Friday morning, the company announced the sale of $100 million of DryShips stock at a price of $2.75 per share to “entities affiliated with its Chairman and Chief Executive...
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Here's What Had DryShips Shares Moving Monday Morning
Monday, April 3, 2017 - 10:54am | 371Shares of DryShips Inc. (NASDAQ: DRYS) were trading lower by more than 15 percent Monday morning after the global shipping transportation company announced a new stock purchase agreement and acquisition announcement. DryShips said in a press release it reached an agreement with Kalani Investments...
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Kalani Investments - Who They Are And Why They Love DryShips
Monday, March 20, 2017 - 1:37pm | 474In 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 | 342TOP 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...