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Bullboard - Stock Discussion Forum Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its... see more

TSXV:THRM - Post Discussion

Therma Bright Inc > Could always nip this in the bud
View:
Post by ManxBlue on Aug 06, 2020 1:48pm

Could always nip this in the bud

Turn the tables, all us "bagholders" stick our shares for sale at $10, that should sort things in the short-term pre news !!
Comment by Welderkev1 on Aug 06, 2020 1:51pm
I get the feeling that's already happening which is why the stock stopped moving lol shorters are trying to figure out how to get out of the corner they painted themselves into lol
Comment by ManxBlue on Aug 06, 2020 2:04pm
I was a bit tongue in cheek, although ..........!! BBC TV show called the hustle, a few years old now so may struggle to get but if you can watch episode 3 of series 3. Watched it against night hence my tongue in cheek comment!! Its actually pretty good, worth an hour of your time
Comment by Rainmaker11 on Aug 06, 2020 3:01pm
There is not that many shares shorted,as of july 15,there is only86,692 shares shorted.check it out on canadianinsider.com
Comment by Welderkev1 on Aug 06, 2020 3:03pm
Look at the current one as of August 3 there is 81 million shares at an average of .22 worth 18.5 million 
Comment by Rainmaker11 on Aug 06, 2020 3:06pm
where do i find it,canadian insider dont have it.tnx
Comment by Welderkev1 on Aug 06, 2020 3:09pm
https://www.iiroc.ca/news/Pages/Short-Sale.aspx
Comment by Rainmaker11 on Aug 06, 2020 3:19pm
thank you
Comment by ManxBlue on Aug 06, 2020 3:10pm
Its a BBC programme, not sure how you get those your side of the pond my friend. Can you get bbc iplayer ?
Comment by Welderkev1 on Aug 06, 2020 3:12pm
Try copy and paste in your address bar it opens to the IIROC webpage when I click on it
Comment by itwillgo1 on Aug 06, 2020 4:28pm
The 81,000,000 shares is the total short sales from July 16 - 31.  The report doesn't indicate how many short sales were covered during the same period.  The current short position is less than 81,000,000 but its unknown by how much.  
Comment by Welderkev1 on Aug 06, 2020 4:31pm
How do you know it's not more now?
Comment by itwillgo1 on Aug 06, 2020 4:33pm
I was speaking to the amount as of July 31.
Comment by Welderkev1 on Aug 06, 2020 4:39pm
I realize that. My question is how do you know the short position isn't more now or that any of it has been covered? You may be correct maybe half of it was covered that's still leaves a huge chunk that needs to be covered and everyday we don't sell but the price keeps going down anyway means a bigger short position to cover
Comment by rickyclean on Aug 06, 2020 5:13pm
Welderkev1,                       Contrary (and mysteriously) of the normal everyday buy and sell trading transactions that you can even follow by SECONDS, transactions of SHORTS (sell first; buy secondly after) can only be seen TWO TIMES A MONTH  BY TOTALS; the first day of the month and ...more  
Comment by Welderkev1 on Aug 06, 2020 5:41pm
The reason for shorting I would guess is to keep the markets moving otherwise there would always be a gap between the bid and ask and once all the shares were owned they would never sell because everyone always wants to get a deal doesn't matter what they're buying. This is a unique opportunity because the total shorts from the July 16-31 short report were so many that it makes more sense ...more  
Comment by itwillgo1 on Aug 06, 2020 5:40pm
You're right. It could be more.  But until the next report we don't know if the trend is continuing.  And like I said earlier, we have no idea what has been covered. 
Comment by jpm59 on Aug 06, 2020 3:12pm
  I normally don't bother doing stuff lke that but I did now. All up for sale $5.00 good thru to Sept. 4. Of course I can change the order any time,,,,,
Comment by ManxBlue on Aug 06, 2020 3:16pm
me neither but I may look at doing similar tomorrow when open! $5 seems a little more sensible and like you say can pull it
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