MARKET WIREReuters • 3h ago
Iran's IRGC Navy says two tankers 'exploded' after hitting mines in Hormuz - ReutersIran's IRGC Navy says two tankers 'exploded' after hitting mines in Hormuz Reuters
Why TOPS Stock surged +3.05% Today — RQD Quant Desk Flash
$0.30 +3.05% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot)
EXT / AFTER-HRS: $0.30
TOP Ships Inc. (TOPS) carries a Roarable Rating of D (Sell) with 47/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
ROARABLE D • SELL / AVOID
Cap $3.7M
INTERACTIVE SCENARIO DECK:
EXT / AFTER-HRS: $0.30 (+0.36%)🧬 Disciplined Float (+0.16% YoY Shares)⚙️ Cash Engine: 12/20 (C-) • 32.9% FCF Margin
Verify 90D Bucket Audit →📊 Historical Track Record Warning: Scores below 50 (47/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-5.9% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →RQD QUANT TACHOMETERSELL / AVOID • D
2-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
5-PILLAR SNOWFLAKE RADARRw D+ · Rk E
Each axis scored 0–20
12M PRICE TARGET CONE-3.3% Base Target
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for TOPS)Realized 20D OHLCV Swing Band: ±12.5%
Deterministic 5-Pillar Attribution (47/100 Composite)
🔍 WHY TOPS SCORES 47/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Whale & Options Positioning+15/20 pts (32% of score)
20D Institutional Volume Accumulation (±12.5% realized swing band)
▲ #2 Bullish Driver: Cash Engine Quality+12/20 pts (26% of score)
SEC XBRL FY 2025 (10-K): 32.9% FCF Margin ($26.4M FCF) & 52% Gross Margin
▼ #1 Drag / Risk Factor: SEC 10-K Forensic Risk5/20 pts (-15 pt drag)
Balance-sheet & 10-K footnote risk deducts 15 pts from forensic ceiling
📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)Grade C$0.50-10% Next Q
55
Q2 (-2Q)Grade C-$0.45-33.3% Next Q
52
Q3 (-1Q)Grade C-$0.30+0% Next Q
50
CurrentGrade D$0.30-5.9% Hist 90D α
47
Trajectory: C (55) → D (47)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER
⚔️ Adversarial Opposing Case: What Could Spark a TOPS Turnaround Squeeze
While TOPS currently carries a cautious 47/100 (D) rating due to SEC 10-K Forensic Risk (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
🚀 Contrarian Squeeze Trigger #1
Big institutional funds and options desks are actively positioning on the bullish side.
🚀 Contrarian Squeeze Trigger #2
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($0.60) and Max Pain ($0.32) forces dealer call-delta covering toward $7.77.
🚀 Contrarian Squeeze Trigger #3
Forensic Repair Trigger: Halting share dilution (Disciplined Float (+0.16% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
🎲 LIVE PREDICTION MARKET ODDS TIED TO $TOPS• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “TOPS Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →
Why TOPS Stock surged +3.05% Today — RQD Quant Desk Flash
TOP Ships Inc. (TOPS) surged +3.05% to $0.30, trading at 2% of its 52-week range ($0.27 – $7.4). Stretched risk/reward at current multiples (8% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 2% of its 52-week range ($0.27 – $7.4) with RSI-14 at 23.7 (OVERSOLD (<32)).
- ▸Volatility Profile: Historical 20-day realized swing band of ±12.5% around $0.30 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable D (Sell) backed by 52% gross margin and $26.4M annual free cash flow.
Live TOPS Headlines & Catalysts
MARKET WIRECNBC • 5h ago
Here are 3 big things we're watching in the stock market in the week aheadThe market could use a few victories in the days ahead, which will be filled with more earnings, an election, and jobs data.
MARKET WIRECNBC • 5h ago
Democratic Rep. Stevens endorses Rogers over El-Sayed in Michigan Senate electionHaley Stevens had lost the Democratic nomination for Senate in Michigan to Abdul El-Sayed earlier this year.
RISK WATCHReuters • 7h ago
Israeli strikes kill eight people in Gaza - medics say - ReutersIsraeli strikes kill eight people in Gaza - medics say Reuters
MARKET WIREReuters • 8h ago
Russia's FSB says minor detained over park attack threat after US tip-off - ReutersRussia's FSB says minor detained over park attack threat after US tip-off Reuters
MARKET WIREReuters • 9h ago
Iran, Qatari mediators hold third day of talks to end US-Iran war - ReutersIran, Qatari mediators hold third day of talks to end US-Iran war Reuters
CATALYSTReuters • 9h ago
Qatar surges, bucking Gulf market slide on Iran war concerns - ReutersQatar surges, bucking Gulf market slide on Iran war concerns Reuters
MARKET WIREReuters • 10h ago
OPEC+ keeps December oil output targets steady ahead of tougher call for 2027 - ReutersOPEC+ keeps December oil output targets steady ahead of tougher call for 2027 Reuters
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring TOPS)
- ✓Walkthrough of TOPS's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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TOPS // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -86.36%🛡️ HOLDING TREND SUPPORT
2026-10-30O $0.30H $0.31L $0.29C $0.30VOL 427.1K
RES: $1.56SUP: $0.26SMA50: $0.60SMA200: $1.98
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK
TOPS Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Share Count & Dilution Monitor (#25)
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
Reverse-DCF Expectations Hurdle (#30)
-3.2%/yr Implied 5Y Growth
vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
Ellis Vennor Setup Ledger (#33)
No active Ellis Vennor swing setup published on TOPS today. View full Setup Ledger →
🦋 Documented & Second-Order Butterfly Connections
Open Graph →
No direct multi-tier Butterfly edges indexed yet for TOPS. Explore sector supply chains on /butterfly.
AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for TOPS today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (TOPS)
Consumer Discretionary Rank #722 of 1011
⚔️ ICON vs TOPS Full Matrix →
1. Head-to-Head Consumer Discretionary Peer Comparison (TOPS vs. ICON, HTCO, CISS, CTRM)
Industry: Marine Transportation (67 Tracked Issuers)Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, TOP Ships Inc. (TOPS) ranks #722 by composite RQD confidence (47/100, grade D) and #979 by equity capitalization ($3.7M). Within this direct 5-issuer industry benchmark cohort, TOPS leads on earnings valuation at N/A trailing P/E, while TOPS leads on capital efficiency and profitability with 7.6% ROIC and — gross margin. HTCO currently holds the highest overall quantitative score in the immediate peer group at 58/100 (D+) compared with TOPS at 47/100 (D).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| TOPS
ACTIVE
TOP Ships Inc. | D | 47/100 | — | — | 7.6% | +3.05% | $3.7M | Benchmark Subject |
| ICON Icon Energy Corp. | D+ | 53/100 | — | — | 0.8% | +3.70% | $3.7M | /icon-vs-tops → |
| HTCO High-Trend International Group (Class A) | D+ | 58/100 | — | 3.2% | — | +2.90% | $9.6M | /htco-vs-tops → |
| CISS C3is Inc. | D- | 38/100 | — | — | 1.1% | +10.65% | $802.3K | /ciss-vs-tops → |
| CTRM Castor Maritime Inc. | D+ | 53/100 | — | — | -3.9% | -1.27% | $15.0M | /ctrm-vs-tops → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2024–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001296484In its most recent audited fiscal period (FY2025, filed 2025-12-31), TOP Ships Inc. (TOPS) reported GAAP revenue of $80.4M (N/A vs. FY2024 revenue of $0 ) , GAAP net income of $0, operating cash flow of $26.4M, and free cash flow of $26.4M (+52.6% YoY). On the balance sheet, TOPS closed FY2025 with $333.6M in total assets against $204.8M in total debt (Altman Z-Score: 0.20, Piotroski F-Score: 3/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $80.4M | $0 | $26.4M | $26.4M | $333.6M | $204.8M |
| FY2024 (FY) | 2024-12-31 | $0 | $0 | $17.3M | $17.3M | $422.8M | $245.1M |
3. TOPS Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs TOPS stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-01, TOP Ships Inc. (NYSE: TOPS) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 47/100 at a spot price of $0.30 (+3.05% 1D, market cap $3.7M). Pillar breakdown: Fundamental Cash Engine 12/20, Institutional 13F & Options Flow 15/20, Executive Insider Alignment 5/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 7/20. Across 1011 tracked Consumer Discretionary issuers, TOPS ranks #722 in composite RQD confidence.
How does TOPS compare to ICON and HTCO in the Consumer Discretionary sector?
Within the Consumer Discretionary sector (Marine Transportation), TOPS carries a Roarable D (47/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 7.6%. By comparison, ICON (Icon Energy Corp.) holds a D+ grade (53/100 RQD, P/E N/A, ROIC 0.8%, cap $3.7M) and HTCO (High-Trend International Group (Class A)) posts a D+ grade (58/100 RQD, P/E N/A, ROIC —, cap $9.6M). Among the 5-stock peer group, TOPS leads on earnings multiple (N/A) while TOPS leads on capital efficiency (7.6% ROIC).
What are the biggest fundamental strengths and SEC risk factors for TOPS?
Per TOPS's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001296484), TOP Ships Inc. generated $80.4M in revenue, $0 in net income, and $26.4M in free cash flow against $333.6M in total assets and $204.8M in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Where is TOPS trading relative to its 50-day, 200-day, and 52-week technical levels?
TOPS last traded at $0.30 (+3.05% on volume of 222,567 shares), positioning the stock -50.00% below its 50-day simple moving average ($0.60) and -84.85% below its 200-day simple moving average ($1.98). Across its 52-week range of $0.27 to $7.40, TOPS sits at the 0.4% percentile with a 14-day RSI of 23.7 (OVERSOLD (<32)) and an implied next-earnings move of ±12.5% ($1.00 to $0.34).
TOPS Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDWhy is TOPS stock moving today?
Why TOPS Stock surged +3.05% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (8% return on capital) under elevated 10-year interest-rate pressure.