DRYS down 7.1 percent after hours

Discussion in 'Stocks' started by saltycoot, Nov 17, 2009.

  1. DRYS just did a public offering of 300 million in convertible senior notes.

    Does this make it a buy?
  2. this is the effect of potentially-dilutive securities, my man. look at the conversion ratio, do some mathematics and find your DRYS buy point. This could be an opportunity if you can price it right.