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Re: the big guy post# 1139

Saturday, 11/04/2017 2:02:46 PM

Saturday, November 04, 2017 2:02:46 PM

Post# of 2945
IMO the shorts had a very tiny float and 5k o/s count to compete with, they knew they had to ditch the shares they've borrow. all it takes is a few buyers to come in and start buying the few shares that might be offer for sell from a few shareholders and that would Annie-up the share price. Without lenders dumping and many shareholders selling right after a r/s, shorts has nowhere to go, but cover. DCIX and TOPS will be in good position if this continue. DCIX now has a o/s around 700k to 800k o/s.

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.