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The Bizarre DryShips story keeps getting more bizarre

Original story at Mother Jones• 4 mentions • 2 months ago

Mother Jones 2 months ago

 
A couple of months ago I wrote about DryShips, a bulk freighter company whose stock soared 15x overnight after Donald Trump’s election. Today the Wall Street Journal follows up on its original story: Investors who bought DryShips shares last fall and held on have lost almost all of their money. A $10,000 investment in DryShips stock at the beginning of November was worth $167,000 two weeks later, during the brief price spike, but only about $2 today. For DryShips, however, the cash that poured in from Kalani for new shares put the shipper on a strong financial footing. Its net ...
 
 
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What they're saying:

15 Jul
Raj🗽Balasubramanian @Solutioneer72
RT @MotherJones: The Bizarre DryShips Story Keeps Getting More Bizarre https://t.co/WgOOIkvCIk via @kdrum https://t.co/wn5X9IMDr4
13 Jul
GStuedler @GStuedler
The Bizarre DryShips story keeps getting more bizarre https://t.co/LL3vBUPyoX via @MotherJones
13 Jul
Mother Jones @MotherJones
The Bizarre DryShips Story Keeps Getting More Bizarre https://t.co/WgOOIkvCIk via @kdrum https://t.co/wn5X9IMDr4
13 Jul
Kevin Drum @kdrum
The Bizarre DryShips Story Keeps Getting More Bizarre https://t.co/DuvQdEwFMN https://t.co/gvfgBdVw6n