Cramer's Lightning Round - Getting Out of Line (4/2/09) [View article]
Cramer is such a tool for the hedge funds. DRYS has reached an agreement with the banks that hold 75% of the debt. When they reach an agrement with the other 25% then he will find someting else to bash. After all his hedge funds budddies are in trouble since they thought the company would go under and established a short position of 40%. The company is a cash cow with the rental of its two deep drilling platforms generating 1.2 million revenue a day. They currently have approximatelly 1 billion in the bank
Cramer's Lightning Round - Getting Out of Line (4/2/09) [View article]
Listen to Cramer at your own risk