Thursday, December 14, 2017 3:21:57 PM
That's why after 25 years of stock trading and watching many stocks fall year after year and losing money (been there and done that too many tinmes), I no longer "invest" rather "trade" only.
Even as stocks fall over years, they pop from time to time for different reasons. If you are diligent and trade these pops, you can make money - https://stocktradingmodel.wordpress.com/2015/05/17/hello-world/
When stocks reach certain technical bottoms and everyone bails in agony, guess who buys those shares? That's right, the one who has been diligently watching the chart. And when everyone is euphoric, the shares are sold and stock price falls.
Some call it technical rebound, shorts covering, "Pump and dump", dead cat bounce, etc. ... That's reality for stock trading and will not change.
That's why I am now a technical swing trader and share with family/friends/coworkers to do the same with simplified BUY/SELL rules - https://stocktradingmodel.wordpress.com/chat-room/
It sure beats "Buy and hope".
GLTA
Recent TOPS News
- TOP Ships Inc. Announces Commencement of Time Charter at Very Strong Rate an Increase of 36% Over Previous Time Charter • GlobeNewswire Inc. • 05/02/2024 01:43:29 PM
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- Top Ships Inc. Announces Filing of 2023 Annual Report on Form 20-F • GlobeNewswire Inc. • 04/01/2024 12:30:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/14/2024 10:27:23 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/07/2024 02:45:04 PM
- TOP Ships Inc. Announces Vessel Refinancings and Full Redemption of Series F Perpetual Preferred Shares Held by Related Party • GlobeNewswire Inc. • 02/07/2024 02:23:00 PM
- TOP Ships Announces Share Repurchase Program • GlobeNewswire Inc. • 12/14/2023 01:30:00 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/12/2023 01:30:04 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/07/2023 01:30:05 PM
- TOP Ships Announces Increase in Shareholding by Pistiolis Family to 73% Via Full Conversion of Preferred Shares and Open-Market Purchases Demonstrating the CEO’S Commitment to the Company • GlobeNewswire Inc. • 12/07/2023 01:30:00 PM
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- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/08/2023 09:30:06 PM
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- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 10/17/2023 12:00:25 PM
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- Top Ships Inc. Announces Compliance with NASDAQ Minimum Bid Price Requirement • GlobeNewswire Inc. • 10/16/2023 12:30:00 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 10/04/2023 09:17:52 PM
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