Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

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

Post by hintonkidon May 21, 2021 11:19am
179 Views
Post# 33247815

I am seeing a bit of a stand-off between bids and asks.....

I am seeing a bit of a stand-off between bids and asks.....Well, the news of the development and manufacturing agreement between THRM and K-One was finally dropped by THRM this morning.  Better late than never.  A curious thing happened though, just after the news was released, thou.  The share price traded down slightly and investors, that were expecting a bounce in share price to the upside were wondering, "What the ##4**& is going on?"  I am of the opinion that if THRM had been a bit quicker, on the ball, to get the news out yesterday, at the open of the markets, reaction to the news might have been much stronger but, it is what it is.  At the time that I am posting this commentary it looks like the shares are in demand but, it is looking like there is a bit of a stand-off between the bids and the asks.  Bidders want the shares but they don't want to pay a higher price for them especially with all the froth in the market this week and a long-weekend on the horizon and the asks are holding out for a higher price and are holding back shares going into the long-weekend.  It is definitely not a case of sell on the news.  If the bidders want their shares they are going to have to pay for them and pay up well.  Banks will be reporting earnings, this coming week, as well, So, I think that if the banks report higher than anticipated earnings, etc., that will go a long way to providing confidence in the market and investors could be in the mood for buying and buying big and that may mean that THRM will be on their 'TO BUY' list.  Things could also pick up by the close of the market, today, as well, as some buyers wait until near the end of the day to pick up shares in hopes that the share price of their investment candidate have stablized and they decide to get in or add to existing positions.  That little end of the day rush could provide that little nudge to push the THRM share price in the right direction.  Keep the faith and enjoy the May long-weekend.  It looks like it could be a nice one and, let's face it, we could all use a good long-weekend to recharge and refocus.  We deserve it.
<< Previous
Bullboard Posts
Next >>