MY TAKE ON TOPS.PLEASE READ:FELLAS MY .30 TARGET WAS A FEW DAYS PREMATURE.BUT AFTER I READ THIS NEWS AFTER HOURS.MAN OH MAN.THIS IS THE BEST NEWS I HAVE READ IN A LONG TIME
READ BOLD SPOTS AND MY TAKE.
TOPS:1)THERE WILL BE NO OTHER R/S AFTER THIS SMALL ONE
ON MONDAY.FOR ANOTHER 12 MONTHS NO R/S=HUGEEEEEEEEEEEEE.
The Company has also announced today that it does not intend to conduct another reverse stock split of its common shares for the following 12 calendar months from March 26, 2018.
2)THERE WILL BE NO DILUTION FOR 12 MONTHS.HUGEEEEEEEEEEE.
3)TOP Ships Inc. (Nasdaq:TOPS), an international ship-owning company (the “Company”), announced today that for 12 months following the date of this release: (i) it does not intend to conduct any offerings that include variable priced securities; (ii) it does not intend to issue any further shares under the equity line offering registered on the Company’s Form F-3 (333-215577)HUGEEEEEEEEEEEEEEEEEEEEEEEEEE.
4) BACKLOG REVENUE $172 MILLION.HUGEEEEEEEEEEEE.
and as of January 1st, 2018, total gross revenue backlog for the fixed charter period of operating vessels was about $155 million, increasing to about $172 million when adding the 50% of our joint venture vessels.
5)PER CEO 75% DISCOUNT PPS FROM THE CURRENT NET ASSET VALUE=EXTREMELY UNDERVALUED.
Based on the last closing price of TOPS, we estimate that our shares trade at a 75% discount to our current net asset value placing us among the most undervalued tanker shipping stocks on NASDAQ”.
6)THE R/S IS VERY SMALL AND HAS THE MAKINGS TO RUN IN TO 20$ AND 30$ PER SHARE AFTER IT TAKES PLACE ON MONDAY IMO.WHY??HERE IS WHY.REMEMBER AFTER THE R/S THERE WILL BE ONLY 17 MILLION ON THE O/S,AND THERE WILL BE NO DILUTION FOR 12 MONTHS,AND NO R/S.
THE STOCK COULD RUN TO .50 AND EVEN $1.00 TOMORROW BEFORE MONDAY IMO
I WILL BE ALL OVER TOPS TOMORROW A.M.THIS IS ENORMOUS NEWS.REMEMBER DCIX RUNNING TO $30 AFTER R/S????WE COULD SEE THE SAME HERE.IMO.
This will reduce the number of outstanding shares of the Company's common stock from approximately 170 million shares to approximately 17 million shares.
|
Thread abonnieren
