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Bullboard - Stock Discussion Forum 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... see more

TSXV:THRM - Post Discussion

Therma Bright Inc > Looks like optimism is sliding downwards...
View:
Post by quarky2020 on Jan 13, 2021 11:45am

Looks like optimism is sliding downwards...

The rate at which this stock price gravitates towards 0.20 seems to be increasing with every bump upwards. Investors seem to think a NR is coming, and it has been a little while since we saw one, so given the amount of action in this sector right now, and the amount of news coming out, Therma:

(a) Has "average" results from testing, or other information and is witholding it (unlikely, since this would bolster the stock price sooner, and Therma wouldn't be a "latecomer" to the rapid Covid testing scene)

(b) Has "average" or "mediocre" testing results, and is strategizing, with Barwicki Investor Relations, on how to release that information without unduly trashing investor confidence in the company. (possible, but they hired Barwicki pretty quick after seeing shitty results if that's the case)

(c) Actually has no new information to announce that would significantly affect stock price

(d) Has "extraordinary" results, and is strategizing information release to somehow maximize future revenue (unlikely based on probability alone)

Those are my thoughts. If I had to guess, they have results, they're similar to those from other companies working on the same thing, and Therma is trying to figure out how to take the biggest piece of pie they can, and will release news once it fits into that "plan".
Comment by FSDLONG on Jan 13, 2021 11:47am
This is all garbage. Save the time and don't post this bull any longer. News imminent.as stated in the last nr :)
Comment by Smokey1958 on Jan 13, 2021 11:56am
Absolutely true, FSD!  All one needs to do is look at the 5 month chart to see 3 different plateaus after NRs. $.07 after the first ones, $.22 after the second group and $.28 to $.32 on the most recent NRs. All of this from $.015 about six months ago.   
Comment by quarky2020 on Jan 13, 2021 12:14pm
That's why 3 of my 4 options allow for a news release in the next few days, you ding dong. A lot of people have been saying "imminent" for more than a week now, and based on their previous NR, testing itself is PROBABLY finished (as they said testing MAY extend into January). My definition of "imminent" would definitely not extend past maybe next Monday, but then again a ...more  
Comment by Plopcrop on Jan 13, 2021 12:17pm
Great thots. That makes 2 of us
Comment by FSDLONG on Jan 13, 2021 12:28pm
Again, it is immiment.
Comment by Smokey1958 on Jan 13, 2021 12:35pm
Not to split hairs as you are correct, Quarky, it is about semantics. But here are the two quotes from the December 7, 2020 that everyone should probably be reminded of. "Testing is expected to start before year end, but because of potential delays due to the holidays, may extend into January."  "The Company expects to submit data to both regulatory agencies in early 2021. ...more  
Comment by InvestNInterest on Jan 13, 2021 1:24pm
I agree in terms of they wont release an NR unless its substantial. They know they have something great and dont want to drop the ball with a feel good NR. I feel they will go all to capture a good piece of this pie and make history. 
Comment by moonball32 on Jan 13, 2021 1:26pm
Well said Smokey
Comment by moonball32 on Jan 13, 2021 1:29pm
Well said Smokey
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