Seanergy Maritime Holdings Corp. (SHIP)

[Longer Than Most]

I do agree, usually a done deal when an RS is planned to be voted on but one contingency that I usually find stops an RS from happening is achieving and holding above $1. Maybe once they regain compliance they release news of no RS and this flies.
I do believe they've been dumping shares all along since it had the big drop earlier this year, and with revenues increasing solely off of the Baltic, things could at least get better financially. My view is that SHIP bottomed out at .60 because people ALREADY saw the bad financials and got out. Now a new investor base is formed so who knows!
One thing I wanted to add: yesterday was a really important day imo for the short term of SHIP. It could've really used consolidation and once it went red early in the session I expected a lull for a few days. The fact that it went from deep red to unchanged is huge imo. This could've easily consolidated and stayed below $1 but that dip down to mid .8 yesterday filled a lot of stop losses and shook weak hands. And then with the epic run up at the end of the day to close at unchanged tells me this is going higher than $1.05 in the near term.

Chart is a thing of beauty and he daily has broken above the cloud.