If everybody waited for the dip, you should have made some money on both stocks.

They decided not to move forward with another stock dilution. Watch TOPS, DCIX, GLBS sympathy plays as well. DRYS is always unpredictable in my opinion, and this news, while good, put on a major short squeeze. Wait for a pattern to set up before taking any position, and be ready to take any profits quickly and move on.

Thank you for the information!