TOP Tankers, Inc. (TOPS)

stabfederline (99.29) Submitted: 12/18/06 3:18 AM : Start Price: $14.79 TOPS Score: 49.06

The low P/E is astounding, but I start to understand why when I read the news item on the shareholder lawsuit filed against them. The management is crooked. Really crooked. In fact the independent auditors quit because management wouldn't budge fr...

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ckbarry3 (< 20) Submitted: 6/11/07 11:45 PM : Start Price: $19.80 TOPS Score: -48.84

undervalued tanker play

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jack21222 (99.68) Submitted: 6/11/07 11:41 AM : Start Price: $19.80 TOPS Score: 48.57

In debt, losing money, I don't really see this stock going anywhere any time soon.

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NeroSagetrade (27.46) Submitted: 11/07/07 12:36 AM : Start Price: $16.50 TOPS Score: -47.10

I cant stand the shipping sector outside of Top Tankers which seems like the only undervalued company in the sector. Using their assets alone the company is trading well below book valuation and they have all the looks like they will return to profit...

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capagator (36.93) Submitted: 12/20/06 10:01 AM : Start Price: $14.85 TOPS Score: -49.11

Market over reacted to accounting issues and company is selling at a 60% discount to book value (which is primarily double-hull tankers). Frontline, a similar company, is selling for over 3x book.

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davidengi07 (99.64) Submitted: 12/05/07 6:52 PM : Start Price: $10.20 TOPS Score: 41.05

I think the international shipping business will have picked up significantly by a year from now (late 2008), especially in terms of transporting petroleum products. After all, China, India, and South America are industrializing at a rapid pace gener...

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billf921 (40.35) Submitted: 12/11/06 1:30 PM : Start Price: $15.33 TOPS Score: -49.80

Topt sold down for many deserved reasons. After year end selling is out of way could bounce back up to 5.60 or so. It's assets are wort about 6 to 7.

If you have a longer term horizion wild card is they sell out to somebody at 7.50.

otherwise just ...

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bpbp1233 (< 20) Submitted: 6/29/07 6:07 AM : Start Price: $21.90 TOPS Score: -49.62

Acquire more tankers

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CPB34 (20.48) Submitted: 11/03/06 3:19 AM : Start Price: $17.70 TOPS Score: -53.41

With a drop in oil prices (over 10% of overhead costs) Operating margins will expand. The company also has an ample amount of free cash giving management options. If the stock gets hit any further, it will get gobbled up by a bigger company.

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samerkaissi (< 20) Submitted: 6/18/07 2:39 PM : Start Price: $20.73 TOPS Score: -48.35

underbought...

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