GREY:TSTIF - Post by User
Post by
echo2on Feb 08, 2016 6:03pm
180 Views
Post# 24537396
.362 cash per share
.362 cash per shareon hand, and people are selling at 1.53 - 1.70, on large volume? As expected, the pr notes plans to use some of the cash to "ramp up the production and delivery of our STERIZONE® VP4 Sterilizer and related accessories and consumables in fulfilment of the orders we have received from Getinge Infection Control, our global distribution partner." Would the share price have plummetted like this if the pr had been out first thing in the AM and pre-empted the fear that seemed to grip the market today? All is great, and getting better, for TSO3 despite the general down market. Hospitals and patients still need access to the state of the art low temperature sterilzer in the world. (How big is that order book, anyway?) One can only guess some selling is related to some having to cover margin calls related to other losses in the market, and MS is back selling 100 - 300 shares constantly into the bid. On the other hand, the fundamentals and future for TOS are wonderful, especially with this much cash on hand and no debt. Sometimes, Mr. Market loses his senses completely, IMHO. WKH