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Other boards say 78$ to 130$ will see if passes 18$ top flies off of the stock.
Pistolis wants them all sell them but you will not see them again
There will be a price that makes this run
Maybe at 1.25 before split will need 3 times this price to get to 4.50 nav
Pistolis can’t sell his soul 250000 taken off the market
Finally he has bought back 250000 shares this last week with only 1.6m out free floating he has a plan and he’s buying them back cheap so he doesn’t have to pay fair value to everybody only the ones with shares left in there accounts and the shorts will get screwed
Hunting them back at 1$ a share post split can’t wait to see it hit the 15 dollars it should be that will push stock to 100$
Holy sht it’s Pistolis buying all the common shares. He had to post his buying the last week. He wants the whole company buying it all on the cheap should see 20$ tomorrow morning
Post meant for PSHG, sorry.
TOPS, pullback target, "IF" it happens is $1.15.
I sold half my position for 80% gain. Holding remainder and will add "IF" there is a pullback.
10 to 20$ in a hurry less see they are making 45000 a day each ship seem like profit to me
Needs to stop at 30$ not 10 if she gets past 10$ will move quick
I've been buying back shares sold at $9.
What ever happened to the DIVIDEND of shares in the new break off shipping company? Was this just a come/on to sell more shares before the reverse split???
Things are looking very suspicious here.
Plenty of corrupt companies in a corrupt market overseen by corrupt regulators controlled by corrupt politicians in a corrupt government in a world full of evil, so there's not much hope of justice being served any time soon, unfortunately.
Looks like plans to wipe out all shareholders at no cost to them, leaving the ownership to the family trust in the protected preferred shares. Sounds like a violation of fiduciary duty to shareholders and should prompt a class actin suit and a complaint and investigation by the SEC.
With 3 1/2 million shares at the float and company worth 15 million something messed up. They should pay themselves dividends with 2/3 there shares that’s what should be done just stupid
No different than most stocks in that regard... voting process is just a pretense for shareholders while the executives simply do whatever they want to. Ridiculous. It's just uncommon to propose a R/S at such a high PPS, right?
Yes they need to say we are going to start paying dividends. They are showing no trust for others but they own 66 percent don’t worry about the vote we have no say so
Why would the company do yet another R/S at the current PPS, which as of yesterday was $6.45?
The third of three options for shareholders to vote on regarding the annual meeting on 11/22/23 is:
3. To approve of one or more amendments to the Company's Amended and Restated Articles of Incorporation, as amended, to effect one or more reverse stock splits of the Company's issued common shares at a ratio of not less than one-for-two and not more than one-for-250 and in the aggregate at a ratio of not more than one-for-250, inclusive.
Manipulation we need positive news ships shares buyback dividends or sale of company
Why is this stock going down so much ?
Precisely. As undervalued as it can be.
The are the newest ships and all are most contract for the next 3 years
$TOPS' fleet >>> https://www.topships.org/fleet
If big volume hits we cud see a squeeze to several hundred bucks.
He should be buying back every share he can get his hands on would be cheaper for him than giving free shares of another ship company but he will be getting those free for himself as well
Now a buyback program would be another brilliant strategic move by CEO EVANGELOS J. PISTIOLIS.
They could almost buy float now for one years profit.
$285M+ NAV ~ MC @$15M!!! Highly profitable. $$$$$$$ $TOPS
$TOPS >>> $50 - $100+/share incoming here very shortly imo. *NFA
It’s some stupid math and doesn’t line up. We’ll see if we are right. Right know only at a dollar or less pre-split. Should be at 15$ a share so 15 times what it is now.
Market Cap (intraday): 15.43M
Enterprise Value: 316.29M
https://finance.yahoo.com/quote/TOPS/key-statistics?p=TOPS
Each of their 10(!) vessels is worth a multiple of $TOPS' MC. Fleet average age is only 2.7y. LFG!
It moves fast when it wants too. Pistolis might have said screw spin off let’s buy it out. Few shares and over 60 million in revenues a year
$TOPS: Less than 1.7m O/S right now. Free float at ~500k per my DD. No offerings till at least EOY. Huge NSS. Dividend (Spin-off) will force them to cover. This cud see a hardcore squeeze. Jmho. DYOR. *NFA
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