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Non-Tech : Shipping - Oil & Gas Tankers, Dry cargo, LNG -- Ignore unavailable to you. Want to Upgrade?

To: Don Hurst who wrote (285)	3/8/2010 2:09:30 PM
From: E_K_S	Read Replies (1) \| Respond to of 2660

DryShips Soars on Buyout Rumors finance.yahoo.com From the article"...According to Briefing.com, Greek dry bulk shipping giant DryShips could be a potential buyout candidate for Danish conglomerate Maersk. The chatter is sending DryShips shares higher by 9% today while open interest for the stock's calls outnumbers that of the puts more than ten to one...." =============================================================== Not going to happen as there is way too many outstanding shares since they issued new stock three different times last year. This was a result of debt covenants which triggered the stock sale (w/ dilution). Drys still needs to address their long term debt structure and how they plan to handle next near term roll over amounts. EKS