Saturday, November 04, 2017 2:02:46 PM
IMO the share price soar very high due to the large amount of short sellers and a low float and very tiny o/s share count. This was not a war between the bears and bulls that drove up the share price, but the war between the short sellers and low float with a very tiny o/s. This is still the case for Diana containerships there is still a low float with a low o/s.
Monday should be very interesting for both DCIX and TOPS with large amount of shorts whom have not cover. All it take is a little bit of positive news to send both stocks soaring again. Good Luck to both traders on each side.
Just my opinion on the subject.
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