RE:RE:RE:RE:RE:Well?Praying for the best for your Dad PWIB.
Given the proximity to their earnings release, insiders likely are blocked from trading. If there is a window open for them to trade, it will not be open for long if they are reporting results before the end of the month.
The big seller is clearly gone now, so that should help the stock recover. That incessent, indiscriminate selling led many to believe the stock was going belly-up even though the facts did not support that.
They are also going to present at the HC Wainwright conference early next week so maybe we can get some color as to how they achieved what they did on the cash front so quickly in August.
I would also like to know if F8 is still scheduled for a Spetember filing (remember its approval its tied to the cash buffer remaining at $20 million post 3/31/24, if not approvved the cash buffer rises to $30 million (assuming the Marathon loan is not renegotiated before then).
I wonder if the low stock price attracted some interest in a takeover and that threat helped spur the more frequent communications. Whatever the cause, it is something they hopefully will continue to do as we all know it will help the stock, and management itself, if they do.
PWIB123 wrote: No insider buying, which is so confusing. These guys are either broke and/or do not understand the market or don't believe in their own abilities.
https://www.canadianinsider.com/company-insider-filings?ticker=TH
I'm super happy to see our executive team finally begin issuing press releases with positive headlines to engage the market. The share price is beginning to recover. Only 500% more increase to breakeven now. That's so much better than the 1000% I needed last week.