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Bullboard - Stock Discussion Forum Think Research Corporation V.THNK

Think Research Corporation is a Canada-based company that offers digital health software solutions. It is a provider of cloud-based data, knowledge, and software solutions primarily delivered as software-as-a-service (SaaS) to healthcare delivery systems and the practitioners that they support. Its operations are organized into three lines of business: Software and Data Solutions, Clinical... see more

TSXV:THNK - Post Discussion

Think Research Corporation > low of 23.5 cents
View:
Post by Possibleidiot01 on Oct 17, 2023 6:13pm

low of 23.5 cents

You might ask - what happened?
Somebody at CIBC had 17,500 shares to sell , sold 1500 @ 26.5, 4000 @26 cents and then 12,000 crossed at 23.5 cents . All at 12.19pm.
Two trades after.
In truth , all that happened was supply temporarily outweighed demand.
JMO

Comment by Hamburgler48 on Oct 17, 2023 7:55pm
Possibleidiot01: Undboutedly you're correct. Nevertheless, demand is abysmally low and the recent announcements don't seem to have helped. I'm a little surprised this is still languishing below $0.30. 
Comment by Possibleidiot01 on Oct 18, 2023 8:26am
People refer to tax loss selling as being a seasonal event ; maybe it used to be but people sell all the time to offset winners. Having said this , possible tax loss selling may be keep the lid on the stock price. Good time to buy more?
Comment by pacer217 on Oct 18, 2023 8:43am
Lack of buyers is the main culprit for sure, but really how would any one even know about THNK if you had not been in this before?? The lack of coverge on any micro cap stock always is a problem. These will NEVER be mentioned in Globe & Mail or on BNN. There is a tiny news release every quarter when the numbers come out;  there may be a slight two day buzz IF the news is positive, then ...more  
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