Here’s Why Intrepid Potash, Tellurian, TOP SHIPS, and More Are on the Move

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TOP SHIPS Inc (NASDAQ:TOPS) and Globus Maritime Ltd (NASDAQ:GLBS)  are 106% and 62% in the green today as technical traders buy for momentum. Although there is no fundamental reason for the rally (some shipping rates are modestly higher), shares of the stocks have been very volatile in the past, and could continue to be so in the future (in both directions). As always, traders should do due-diligence before trading on either side. No elite funds tracked by Insider Monkey reported owning stakes in Globus Maritime Ltd (NASDAQ:GLBS) or TOP SHIPS Inc (NASDAQ:TOPS) at the end of 2016.

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