As crude oil drops, TOP Ships (TOPS) and Seanergy Maritime (SHIP) closely follows each other move by move and moves in the same direction. These two stocks are great side-by-side sympathy plays.
Recently both of these shipping companies initiated a direct offering, they are set to close very soon and once they do they will both surge exponentially. The plays are very simple and for each in it’s own right is a great time to buy.