• Erik Gholtoghian
    DRYS is tanking. Maybe Economou should have named the company Drytanks to match the name of his private arm.
    Reply (4)
    • Bryce Istvan: Not really tanking compared to the rest of the industry, One of the few without liquidity issues. But I think we've debated this before.
    • Erik Gholtoghian: Welp, I'm gonna have to disagree. lol. Doesn't seem like the ORIG buyback announcement is fooling anybody.
    • Erik Gholtoghian: I think the bond market says it all. It means that if DRYS tries to sell new bonds, they will have to yield almost 20%! That is game over.
    • Erik Gholtoghian: LOL. And the onslaught continues.