Top Ships Inc (TOPS)

[pennyvestor]

This may happen here. Be real careful on shorting TOPS. Refer below to a message in the comment section of the Seeking Alpha article link below.

AlbertAFT
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Thanks for the reply Vito, much appreciated. There is one reason why GE would do it, which is because he wants to be the biggest at all costs, along with his addiction to acquire more ships. One way to get those additional ships is by acquiring TOPS. Again, the timing of canceling that Kalan deal, and with TOPS selling those shares to Kalani (at the exact same time), and with Kalani able to resell those shares, it seems all a little suspect. Is Kalani a middle player and somewhat brokering a buyout between the two? Still scratching my head over that scenario. Legal, but a little sneaky I suppose, if this is accurate anyway.
Also should add, another reason GE would do it is because the overall share price will skyrocket, and with him in control, and then maybe he gets his 1.5 billion networth back, lol.
26 Aug 2017, 03:16 PM

https://seekingalpha.com/article/4100717-dryships-kalani-deal-legal