RE:RE:Therma is a $.05 cent stock without test If you're looking at THRM through the lense of a 3 year chart ...you are playing with numbers. It is not even close to being the company it was 3 years ago. To ignore the general trends on the junior markets over this time also fails to see another influencing factor. Consider, instead, using an 18 month chart, placing this chart over the the chart of the mayhem that has been the junior exchanges .....particularly over the last 6 months.
Note the sudden surge in many stocks in February of 2021 and the significant decline since. There is nothing to suggest the stock would fall anywhere near what you are speculating. In fact all analyses point to far more stability ...even as low daily trading volumes make for THRM being easily and consistently manipulated by day traders.
InvrsContrarian wrote: With the other approval timelines being actively researched, I'd hate to say it but a descending channel on the three year chart appears to be forming with a 3 month timeline reaching the 0.15 to 0.25 target. I don't know what the consensus is about time to approval once submitted, but without any more pertinent news until approval, this chart doesn't look to good. Lower lows, lower highs.
Lockdown2020 wrote: Stop with the valuation nonsense until FDA approval.If it happens great ,if not then back to 5 cents .Stop misleading shareholders !!!
imho