OTCPK:TOUBF - Post by User
Comment by
ghost11on Jul 10, 2011 10:11am
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Post# 18815223
RE: RE: TRE may be halted
RE: RE: TRE may be haltedIf you mean that the current price at 4.71 reflects less than 20% good news then the upside at 15-20 is way conservative, my point exactly.
To explain further, holders who bought at about 5 they went in with 80% probability they will lose much of their investment or at best stay the same( the prudent way to trade). so the price now factors 80% chnace that MW is correct. If they went in with 95% probability of loss then the expected price would be much higher if MW proved wrong.
If I thought that large longs have factored only 50% chnace of loss or less then I would not touch the stock with a ten feet pole