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Sell DryShips on the surge

Sell DryShips on the surge DryShips (NASDAQ: DRYS) soared by more than 50% in today's trade following news that CEO George Economou agreed to enter into a private placement with the company and the company ended its controversial stock issuance to Kalani Investments. DryShips But Heard On The Street‘s Spencer Jakab notes that Economou's payment "effectively…

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