Therma Bright Inc V.THRM

Disappointed with PP pricing but....

[flight100]

I think THRM could have done much better PP at higher prices, however it is how the MMs are doing to benefit .

On the bright side, I highly think that PP at 0.30 is a good sign for more good stuff to be released in near future, especially that it is from the US side. Since the closing is on Friday, thus the current price drop could be temporary because I am almost sure that the next news would be about FDA submission as soon as the PP is approved.  y.

With 20% +/_ pricing the stock could close around 0.34-0.36 range by Frida

[mooseslayer]

I've been annoyed with the company before but this is the fiest time I am truly pissed. They had to know this woulod drop to the PP price as it usually does. What a great time to be an insider...sell after news one day and get cheap .30 shares and a warrant the next. What a joke. There is no doubt in my mind the sellers knew of this. It didn't just happen out of the blue and would have

[Kaiser]

Explains why the sell off happened yesterday on great news.  Was not expecting this one lol     

[spygate]

Agree 100% Moose...this was planned and the optics are horrible for the retail folks

[mooseslayer]

I just noticed the part where this was not sold to any Canadian investors??? The only way this should be done is if the instittutional investors they mentioned are going to buy another 20 million shares on the open market immediately after it closes and drive the SP sky high. Other than that I don't understand cheap paper with a FULL warrant.

[Trueblood]

Another new basher who holds no shares this is hilarious. There is a big difference in mentality between investors and day traders.