TOPS

H

Haze

So who else was chasing this one today? Very riskie and I still hold a few shares but had some serious volume.
 
Well I'm surprised no comments. My meager shares opened the day up over 100% for a nice little profit, pulled about five or six more swing trades out for a great couple days off this one. Time to walk away before the shorts take over.
 
TOPS is like bitcoin in reverse.

those who shorted TOPS few months ago should be millionare by now.

now price is going up but you need to watch the volume closely
 
TOPS, DCIX, and DRYS have monster moves every so often together but have completely destroyed shareholders by doing reverse splits to raise capital. All 3 are a whisker from bankruptcy...TOPS and DRYS has GE with his death spiral partner Kalani's paws in them. You're right it is risky and walk away while ahead. As duly noted by Bugsy, they're getting destroyed today.
 
not sure if it is pump and dump case.

notice that early this year, the support level has been decisively broken.
so those who shorted TOPS when it was around 5 digits (or 6?) should be millionare as now it is single digit
 
TOPS was like .30/.40...DRYS was .30, last year, and both have been reverse split into oblivion. After, the reverse split, last November, DRYS has done 5 reverse splits for 7840 to 1. If you put in $10K, you'd have a happy meal today. In it's history, you'd need 11,760,000 just to have 1 share today. Only thing worse is UVXY or whatever that VIX ETF is going from $5M to $15 or whatever today. TOPS has followed DRYS playbook and it too has reverse split, a few times, in the past year. Last November, and again in the spring, shipping got pumped with them all popping 25% or more only to be slammed down. I wouldn't recommend anyone to touch, that sector, ever, cause when times are good they get a low PE but when times are bad, they sell everything just to stay afloat, no pun intended.
 
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