OTCPK:TMBMF - Post by User
Comment by
dosperroson May 12, 2017 11:18am
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Post# 26237093
RE:RE:RBC's take - "Great quarter and more to come"
RE:RE:RBC's take - "Great quarter and more to come"Thanks -- great analysis. I hadn't quantified the % of the float that had changed hands. This is very helpful.
It just need a 'this too shall pass' type of attitude. Occam's Razor likely applies to the behaviour -- it's just float trading over, rather than funds doing things or market makers with agendas. Frankly, who cares?
At the end of the day it's still a diamond in the rough. I was thrilled when I could buy some on margin when it firmly passed $2.00; but that's rare. A lot of folks would consider <$5.00 a penny stock. It's also in the "SOFT LUMBER IS BAD!" camp; it's also historically been a dog, it's also small-cap and thinly traded.
These are a lot of shoes to drop. Each could have a material impact. Moving past $5.00 will really help. Sustained operational and earning excellence will disprove the SLA hypothesis and put distance on the past. Increasing market cap will put it on more radar screens.
It's an optimistic thesis and a great opportunity for joe blow jobbers like me to have a pretty solid stake I mean, even 1/20 of 1% is a huge stake -- even at today's prices that would only cost $150k. That's a 1/20 of 1% (0.05%) of a suite of assets that would cost $5B to build from scratch. That's one big moat (e.g. you are spay $150,000 for 2,500,000 worth of fixed assets. Not a bad day at the races.