RE:RE:RE:RE:RE:Momentum...Or they have much more than $25mill to buy....like say $75m-100m that they need to buy. They much rather buy the $25m now and hoping to buy more in the future if prices fall.
Excited that the market has finally recognize THTX to be a good stock for the future. This also shows how badly BOD screwed up months ago on the dillution of the stock.
longterm56 wrote: Or another explanation is an investor that isn't worried about a nickel or dime so they put they're limit above the ask to build momentum. It's been done alot! - LT
Wino115 wrote: A $150,000 order has raised the market cap $25mil. Sloppy trading of 40,000 shares has raised the price by US$.25 . That's someone who's never heard of limit trading and buying on down index days! I'd fire that trader in a minute. I'm happy, but once again, expect some retracement as $150,000 is not a lot to support that percentage jump. Happened last time as well.
jfm1330 wrote: I said more certainty on the NASH phase III would push the stock price higher and that's what we got with the last PR. Still not the official confirmation, but almost. This stock will rise on real facts and news, not on rosy projections.
SPCEO1 wrote: DEspite the company's challenges in marketing the stock effectively, it seems some larger buyer has figured it out as we have and is working hard to establish a decent sized position in THTX. Chances are they will end up being very happy with that position as you are right, the momentum seems strong on all fronts at the moment. Legacy drug sales are picking up (hopefully that will be confirmed in the Q1 report), cancer hasn't had any setbacks we are aware of yet and NASH is in the home stretch for its phase III trial.
FredTheVoice wrote: Every week we beat the 52 year-weekly high will be good,
The momentum is clearly in our favor.....
New very competent CEO.
Good sales....
Good news on two front: ONCOLOGY and NASH
And lots lots LOTS of money in pharma sector......merger and aquisition to come in the sector
And....lets say.....every economists are actually lifting up the projection in % of the economy prospect for 2021.....
Vaccination is gaining traction and.........Biden is not a bad move.....
FTV.