Top Ships Inc (TOPS): Yeah, hold your TOPS shares. Reasons:...

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MoneyMaker111

Re: Explorergypsy1 post# 7800

Friday, 03/23/2018 5:56:53 PM

Friday, March 23, 2018 5:56:53 PM

Yeah, hold your TOPS shares. Reasons:

1. Top Ship's stock seems to have been entrained in the Dow's decline today

2. Pre-market trading shows the distinct appetite for this stock. TOPS was up 100% today during pre-market hours.

3. An initial profit-taking round was expected

4. Many buyers are waiting until after the reverse stock split to get in. I would say they made a smarter move than those who bought during pre-market hours.

5. Yet, anyone who sells at these levels is probably going to regret it after next week's probable meteoric rise. Even those who bought during pre-market will still see significant gains in my opinion.

6. TOPS will open on Monday around $2 per share, and has a lot of room to bounce.

7. With only 17 million shares, and no more dilution, this thing can only go up after being held down for over a year.

8. Tops management has a NASDAQ requirement to hold a share price up at this time to notify the cure the NASDAQ listing deficiency from October 2017. To me, that's a strong support as we know tops management will support the stock.