Therma Bright Inc V.THRM

Alternate Symbol(s): TBRIF

Technology Scientific & Technical Instruments

Therma Bright Inc. is a Canada-based company, which 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 product offerings include Covid-19 diagnostic test product line, such as AcuVid COVID-19 Rapid Antigen Saliva Test and AcuVid COVID-19 Rapid Antibody Test; Sores & Bite Inflammation Therapy product line, such as InterceptCS Cold Sore Prevention System and TherOZap, and Muscle Pain & Blood Circulation Health Therapy product line, such as Venowave, which is a circulation booster designed to improve circulation in the lower extremities. Its products include Benepod, Inretio, AI4LYF, Invixa and Instatin, and others.

TSXV:THRM - Post by User

Therma Bright Inc > national bank buying a lot of shares

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Comment by Moemoney42on Dec 25, 2020 1:16pm

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Post# 32182718

RE:RE:RE:RE:RE:national bank buying a lot of shares

This only applies to IPO's once on the secondary market its retail or institutional investors (if the price allows) that do the trading... of course on a primary market the banks hold all the stock aside from the "presidents" list, which consists primarily of insiders and owners of the company IPO'ing... what we see daily is not (in THRM's case) banks trading between themselves aside from possibly one portfolio transfering to another "in kind"..

KidCash wrote:
I'll just leave it here, but have a read. You are being misled. I've worked for 2 banks in the last 23 years.

Understanding Primary Markets

The primary market is where securities are created. It's in this market that firms sell (float) new stocks and bonds to the public for the first time. An initial public offering, or IPO, is an example of a primary market. These trades provide an opportunity for investors to buy securities from the bank that did the initial underwriting for a particular stock. An IPO occurs when a private company issues stock to the public for the first time.

Once the initial sale is complete, further trading is conducted on the secondary market, where the bulk of exchange trading occurs each day.

stockmonster6 wrote: Institutions won't buy stocks that are not over $5, too risky. Ask any institutional investor, they certainly confirm this.