Insider SellingOn March 23 when the stock traded about 70K shares in total and went from 1.16 to 1.06 two insiders sold just over 50K shares. Jae Cornelssen (CF) sold 34,477 shares and Steward Gill (Legal Counsel) sold 16,229. I suspect these were automated sales though not certain. Having insiders sell what essentially equates to near the daily volume on this stock at whatever price just crushed the shares and insiders likely aren't allowed to buy until they report earnings.
Think Research is a thinly traded stock and these pre-planed insider sales, especially if automated, continue to illustrate managements lack of acumen at running a public company and supporting the share price. I'm hopeful Oak Hill can help them here but why would they until later in April? Afterall Oak Hill is going to get their first payments in shares so it's in their interest to have the share price as low as possible since that will maximize the number of shares they earn and then later promote the price... again another poor capital management decision by THNK leadership.