At this precise time last year THRA was a $.40 stock. It has taken a full year for this stock to slowly grind its way down to the low $.00's, with nary a rebound or rally. I think now is the time to step in and ride what will be an impressive and deliberate rebound in share price.
For one this stock has recently shown its broken its downward channel. Today it broke through its 50 day moving average, something technical geeks will view as a bullish signal. The 200 day moving average sits at $.0433, which goes to show you just how far this stock has fallen. It's quite obvious THRA has over shot to the down side and there is more value to these shares then meets the eye.
Just recently THRA submitted filings to Pink Sheets which contain some promising news for THRA investors. In the first filing titled Management Discussion and Analysis for Quarter 1 2010, the Company expects that revenue from the sale of Nutraceutical products, Digital Thermal Imaging and Chiropractic sales, will add to its revenue stream. This is big news as the company will now be showing a sizable chunk of revenue growth in the quarters ahead.
In the quarterly report filed just last week the company shows a float of 124,675,285. That is a small number for a stock trading as low as THRA and bodes well for anyone buying shares. The other outstnading shares are restricted and likely won't be available for trade in at least a year. The market makers will have to be careful shorting this stock. With so few shares in the market place the stock will have an easier time heading higher when the buying comes.
The bottom line regarding the filings is that this company is growing via acquisitions and the share structure is small enough to accommodate a serious rise in price per share when investors catch on to the company growth theory.
I know I've talked about this before, but some of you may recall GOIG a stock that had fallen over 90%. I called the bottom for that stock at $.0004 and it went on a rally from that price to over $.06 a share. A $400 investment in GOIG at the time could be sold for over $60,000 later on.
My point is that these stocks reach a bottom and explode to the upside, not only to settle seriously oversold conditions, but because the stock price was unjustly taken down. THRA fits both of those statements. This was a stock trading over $.40 a share and with an almost similar share count the stock is at $.0028. While I don't think THRA is heading to $.40 anytime soon, I don't see it staying this low much longer.
Couple the recent company activity, with the bargain basement price of the stock and you have the ingredients for a substantial rally over the next few weeks and months. Remember most of these big rallies can take time to develop. I think THRA will be one of those stocks people will be wishing they bought when it was still under a penny.
With continued company transparency and revenue growth THRA will be talked about in 2010 and beyond.
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6 comments:
GOIG? Again? Bob! .0004 to .06?
Did you not call the top & sell-off at .004?
WHATEVER BIG BOY.
Well it's still a 1000% percent increase. That's why you sell 1/2 and hold the rest for the possibility of bigger things.
Lemme see
buy- $400 x .0004 = 1,000,000
sold- 1,000,000 @.004 = $4,000 (Bob call)
SOLD- 1,000,000 @ .06 = $60,000 (Bob credit claim)
that's a BOB BIG BOY
I did call the GOIG bottom at $.0004. It went from that price to over $.06 a share. That is one heck of a bottom call.
Your call at the Bottom .0004 is a joke. There's not much of a bottom left Bob. No one will tax you if it dip to .0003 -.0002 or even .0001.
Now that you rated your bottom call @.0004 as "one heck of a call" then may I ask what you would rate your "sell it all top @.004" call?
That is one Bob Big Boy w/ extra cheese
BTW
$400 x .0004 = 1,000,000 (buy at your Bottom call)
1,000,000 x .004 = $4,000 (sell at your Top call)
even if we were to play from your Top call.
$400 x .004 = 100,000 ( buy @ your Top call)
100,000 x .06 = $6,000 (by 2miles Bob)
which one is worst Bob? Buying high? Or selling it way way way way way way too soon?
GURU posted- "As I said yesterday GOIG's rally has run its course and now is the time to be selling. I may not call the tops perfectly but I am usually pretty darn close. Check out my calls on ZVTK and CBAI. Both of those calls would have saved you over a 50% loss if you had listened to me. GOIG at $.0044 today was a ripe opportunity to sell."
the $ .0044 Bob Big Boy Burger.
Give it up Bob. You keep on discrediting yourself.
Call a new on to hand your hat on.
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