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$TOPS: Less than 1.7m O/S right now. Free float at ~500k per my DD. No offerings till at least EOY. Huge NSS. Dividend (Spin-off) will force them to cover. This cud see a hardcore squeeze. Jmho. DYOR. *NFA
There only 3 1/2 Million shares out and 1.2 million not pistolis family. He has screwed shareholders for years now has r/s almost everyone out. I had half million got 60k now. Better that none he will have to buy out the millions left but even if he spends 60million stock goes up to 50$ his 2 million he owns so he buys company out for 60 million has 400 million in boats. Maybe buyout is 90 million has to be some what fair but he still owns majority votes.
Majority is already locked-up by insiders & institutionals. They loaded up even more as of latest filing.
Buy out rumor or going private? Could be either.
The run hasn't even started yet. Blue-light specials still. Everyone will want a piece of this hot little Greek sh*tter soon when MOMO hits. $TOPS
There’s not a lot left nice run so far but low and slow so far. I’m betting on a big day soon.
$TOPS >>> LAX Trust gobbled up 3% more shares in a week. They might be going private soon? Stake increased from 59% to close to 62%.
Link: https://www.otcmarkets.com/filing/html?id=16990394&guid=qh5-kWEon3xmB3h
Shares drying up should be a good ride soon
Don’t mess this up pistolis let it go to 40 dollars a share first.
I agree. Usually PPS will drop 20% or more after RS. Something is happening to change that. I am holding what I have. Maybe some news pending??
Nice increase will see what happens tomorrow looks like the jump will happen will not see the 5 prediction happen anytime soon
Looks like computer trading getting involved here may be good
I expect a dip into the $5s. Then a buy signal. Patience required.
Before split was supposed to be 1 for 16 shares they split 1 for 12 so pretty close then pistolis take shares of E and converted to common to have over 2 million you tell me if it makes sense his next move gives him more shares of a new company was supported to be 5 to 9 at open before split so he will get 50 to 90 dollars a share of new company. That’s me reading the tea leaves only.
1 for 1? Really? #Spin-off #Dividend #Rubico $TOPS $$$$$$$$$$$$$
I can see them giving one for one share now for new company dividend so he can make out
Looks like pistolis moved shares e to common which I think was worth 35 million so he lost money but wanted to keep control. May be a good thing if he wants his 2. Whatever shares to make money will see
Shippers may get a premium as war heats up.
Surprise, surprise... the reverse/split accomplished nothing (other than regaining compliance, of course).
Looks like pistolis converting shares over to common. He does not want to be taken out maybe he is planning on making some money with the common.
Waiting for the dust to settle before buying. Patience paid off with PSHG. Same could happen here. HAWK
Looks like he still needs to buy shares back
$TOPS Pistiolis strikes again with another reverse split lmao!
Maybe one shares of new stock after split 1 1/2 million shares may lead him to a takeover if he doesn’t watch it
Maybe be a non event not enough shares out there
R/S will be viewed as a negative. Look for some panic dumping. BUY after the dust settles. HAWK
Traders got one day to figure this one out
Well pistolis is going to create his own squeeze only 1.2 million shares left stock going to go to 50 dollars
Added a few more today.
...will continue to add bargains below $1.
Watch out for juicy news!! ;) $TOPS
$TOPS >>> SHORTS SHOULD BETTER START TO COVER NOW BEFORE DIVIDEND (SPIN-OFF) NEWS HITS AND HUGE BUYING FRENZY STARTS!?!
..they always wait till last minute. LOL
$TOPS @CEO >>> Dear Mr Pistolis PLEASE initiate a BUYBACK PROGRAM down here! TIA~
Burn those illegal naked shorts in your stock heavily, they deserved it!!! NO MERCY!!
BUYBACK & DIVIDEND = CHECKMATE SHORTS!
Exactly. A $3m buyback would be a genious strategic move now. 'Checkmate Shorties'. $TOPS
Pistolis needs to buy back 5 million shares would cost him 3 million. Not rocket science to increase pps
$TOPS >>> Top Ships Inc. Announces Proposed Spin-Off Creating a New Suezmax Tanker Company
Link: https://finance.yahoo.com/news/top-ships-inc-announces-proposed-123000929.html
$$$TOPS$$$ $$$TOPS$$$ $$$TOPS$$$ $$$TOPS$$$ $$$TOPS$$$
$TOPS >>> Parabolic SAR (parabolic stop and reverse) switched to bullish now!! $$$$$$$
https://www.barchart.com/stocks/quotes/tops/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(13);PTP(50);SRSI(14,14);WILLR(14,40);ADX(14);ACCUM;MACD(12,26,9);RSI(14,100);SMA(50)&sym=TOPS&grid=1&height=500&studyheight=100
$TOPS @YahooFinance >>> https://finance.yahoo.com/quote/TOPS
$TOPS' CEO Mr. Evangelos J. Pistiolis, the President, Chief Executive Officer and Director of the Company, remarked:
“We are delighted to announce yet another successful period, marking our fifth consecutive six-month period of generating net income. This achievement brings us closer to celebrating our third year of sustained profitability. After successfully completing our newbuilding program in 2022, we don’t have any capital commitments going forward. We now possess one of the most modern tanker fleets in the industry, with an average age of less than three years, consisting of state-of-the-art vessels equipped with the latest eco-friendly and fuel-efficient specifications and features. Due to our successful long-term time charter strategy, we are enjoying a substantial charter backlog and a positive income and cashflow generation, which we anticipate will extend into 2024. I would like to emphasise, that in my opinion, the current trading price of our common shares does not reflect all of these positive aspects of the Company.”
Link: https://www.otcmarkets.com/filing/html?id=16833339&guid=7pg-kaoGob4HDih
$$$TOPS$$$
Spin-off News/Update OVERDUE! $TOPS
News flash, traders! The $TOPS move is what seasoned investors dream of! Rubico spinning off and heading for the OTCQX is a bullish signal. Been in this for two decades and I’m all in! Next stop, major stock exchange!
news like this gets me all pumped! $TOPS distributing 100% of Rubico’s common shares is nothing short of bullish. As Rubico gears up for a major stock exchange, it’s clear skies ahead! Fasten your seatbelts, folks! 🚀
$TOPS @CEO @MANAGEMENT >>> RELEASE THE KRAKEN FINALLY, PLEASE!!! TIA~ $$$$$$$$$$$$$$
$TOPS @$0.63 = LOADING-ZONE IMHO. $$$$$$$
It's coming, bro! #PAYtience $TOPS
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