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Friday, 03/22/2019 12:45:15 PM

Friday, March 22, 2019 12:45:15 PM

Post# of 2945
epic squeeze taking place. the infamous kalani notes are done in 2 days. shorts covering big time. https://seekingalpha.com/article/4250386-performance-shipping-prepare-renewed-momentum-toxic-warrants-expire-march-24

Summary
Infamous toxic financing transaction with Kalani Investments about to expire.

Management recently realigned with common shareholders to a meaningful extent, now owning an almost 28% common equity stake in the company.

Stock trading at an estimated 50-60% discount to net asset value.

$6 million share repurchase program announced in January.

Stars are seemingly aligned for another momentum run in the company's shares next week. With the unabated share supply by Kalani out of the way, the rally might have some legs this time.