Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures dipped again Friday. Fears of more aggressive Federal Reserve policy led to a big weekly loss. Treasury yields also continue to climb to fresh highs and analysts are weighing the possibility that a recession is inevitable. As stocks continue to drop, it's vital to find value companies that will be still standing when the smoke clears. That's why our Head Fundamental Tactician Karim Rahemtulla is pounding the table on what he's calling 'The Last Great Value Stock.' This company is trading at less than $2, so it's cheap. Even better – the currency is at 40 year lows, making this value stock even cheaper through no fault of its own. Click here to unlock "The Last Great Value Stock." Top Ships Inc. (Nasdaq: TOPS) Top Ships is up 34.58% premarket after the company announced a 1-for-20 reverse stock split. The split is expected to take effect today under the existing ticker symbol 'TOPS.' When it takes effect, every 20 shares of the Company's issued and outstanding commons tock will be automatically combined into one issued and outstanding share of common stock. Want to be ready to reap profits when a stock like TOPS pops? Insider buying is one key indicator that can help. At Monument Traders Alliance, we use unique technology to track what insiders are doing (legally) and help investors follow the money to profits. Click here to learn how insider trading could help you turn every $5k into $117,500! T2 Biosystems (Nasdaq: TTOO) T2 Biosystems is up 15.43% premarket after the leader in antibioitic resistant genes today announced the execution of a territory exclusive distribution agreement in the Baltic Region, including Lithuania, Latvia, and Estonia. This will further expand T2 Biosystems' commercialization. |
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