Note:
I have previously covered DryShips (NASDAQ:DRYS), so investors should view this as an update to my earlier articles on the company.
Quite frankly, the writing has been on the wall already as correctly suspected by fellow contributor Joeri van der Sman after the company released its Q1/2019 report a couple of weeks ago.
Photo: Modern Newcastlemax Dry Bulk Carrier "Huahine" - Source: Baird Maritime
After aggressively repurchasing its common stock well above current levels for the most part of 2018, DryShips so far hasn't bought back a single share in 2019 thus