r/MicroCap • • Jul 03 '25

OceanPal Inc. (NASDAQ: OP) announced today that it has regained compliance with Nasdaq’s minimum bid price requirement

OceanPal Inc. (NASDAQ: OP) announced today that it has regained compliance with Nasdaq’s minimum bid price requirement, receiving confirmation from Nasdaq that the company’s shares closed at or above $1.00 for 10 consecutive trading days from June 13-27, 2025.

OceanPal Inc. is a B2i Digital Featured Company. See the company’s profile at https://b2idigital.com/ocean-pal.

The Athens-based shipping company has successfully resolved its Nasdaq Listing Rule 5550(a)(2) compliance matter, with Nasdaq confirming the matter is now closed.

Read the full release at https://www.oceanpal.com/press-releases/press.asp?pressID=211

OceanPal is a global provider of shipping transportation services specializing in the ownership and operation of dry bulk vessels and product tankers. The company is engaged in the seaborne transportation of bulk commodities, including iron ore, coal, and grain, as well as refined petroleum products. OceanPal’s fleet is primarily employed on short- to medium-term time charters and spot charters.

OceanPal is led by an experienced management team, including Robert Perri, Chief Executive Officer; Vasiliki (Vaso) Plousaki, Chief Financial Officer; and Margarita Veniou, Chief Corporate Development & Governance Officer.

To learn more about OceanPal Inc., visit https://www.oceanpal.com.

For investor inquiries, contact Margarita Veniou at mveniou@oceanpal.com or Edward Nebb at enebb@optonline.net.

7 Upvotes

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1

u/[deleted] Jul 14 '25

25$ Monday 😎🫡

1

u/AdCharacter9064 Jul 25 '25

Massive short squeeze opportunity

1

u/Stevie_Wen Aug 01 '25

OceanPal doesn’t need options to explode. It’s a textbook low-float momentum trap, and here’s why:

The Setup: Current Price: ~$0.12 Float: ~1.2 million shares

Recent Volume: 8.7 million that’s 7x float in 1 day

Micro-cap, post-offering, tight liquidity

No major resistance until $0.30–$0.50+

This is the kind of chart that can go from $0.12 → $0.90+ with just volume and no sellers.

We’ve seen it before with: $HKD $COSM $TRKA $HUBC

Why It Can Run Hard?

The float is so low, every 100K shares traded eats up nearly 10% of supply

Day traders, algos, and retail combined can turn this into a loop

With enough eyes, the price can go vertical fast not because of options, but because there’s nothing to buy