I no longer have a position, so I don't have too much interest in DRYS anymore.The main events - Revenue from the UDW drilling subsidiary increased.- Revenue from dry bulk side declined.- Company took major hit on selling five dry bulk vessel.- Acquired OCNF - six vessels + 5 newbuilds- UDW drilling rig #3 of 4 delivered in July. Financing for #3 and #4 have been arranged.- Plans to list UDW drilling subsidiary, Ocean Rig UDW, on US exchange- Having issues with dry bulk charter payments from Coscohttp://finance.yahoo.com/news/DryShips-Inc-Reports-iw-190744...DRYS plans on distributing 2% of the Ocean Rig UDW subsidiary to shareholders. Before the announcement, the distribution of the Ocean Rig UDW was the upside to this stock.
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