Very Strong Court Case Against DryShips And Kalani [Seeking Alpha]
DRYSHIPS (DRYS)
US:NASDAQ Investor Relations:
dryships.irwebpage.com/ir.html
Company Research
Source: Seeking Alpha
Summary Source: rgrdlaw.com (court document) Investment Thesis It is illegal to make material misstatements of fact to investors. In DryShips' ( DRYS ) case, along with material misstatements, court documents allege investors lost millions of dollars. Count I – for violation of 10(B) of the exchange act and rule 10b-5 against all defendants. Count II – for violation of 9 of the exchange act against all defendants. Count III – for violation of 20 (A) of the exchange act against DryShips officer defendants, and defendants Bistricer and Murchison. Based on this, there is a high possibility the CEO may be found guilty on all three counts mentioned in the court document. This situation creates a shorting opportunity. Violation of Federal Securities Laws As you can see from the above flow chart, the CEO/family’s dozens of private firms deal directly or indirectly with DRYS. These private firms charge various management and cons
Show less
Read more
Impact Snapshot
Event Time:
DRYS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRYS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRYS alerts
High impacting DRYSHIPS news events
Weekly update
A roundup of the hottest topics