2 news postings this a.m. 7/2/14 by writers who admit in their disclosures that they are holding Short positions blast their B.S. One on Motley Fool , the other by Seeking Alpha. Manipulation via the media on no Corporate announcements, ....B.S
Once the company's CEO addresses Nasdaq's T12 request for information and clarifies it "cleaned house"
getting rid of 9 managers and the President from a company with 1200 employees
this stock has the potential to pop with the news.
The CEO, CFO, COO Chief HR officers were not named in the news release today so the senior management team is still in charge. The market may react positively so this may not be a gloom and doom event. Hoping that is the case here.
Exactly...This was $11 a share 48 hrs ago on Monday...It looks like the accumulation is happening now, short drive down for $ followed by covering and pop later in the day.
Way Way oversold on a single negative SA article,, time to buy on this dip
Glad I bought in at $5.73 yesterday after market, Hope it close @$8 today , huge short squeeze?
Always a good strategy but it's at 20.02 right now , I'll place a order to sell some @$20.50 as I feel it will spike at the opening then watch the drop until the dust settles. I'll look to add on the dip this a.m.
I think this is way oversold but the MM's are still capable of driving it lower as you are aware. I'll pick up some more if it happens. Hope you do well
I agree as I have seen that happen may times . I have a few additional orders placed below my purchase price to grab some more shares if the MM's are successful at driving it down. Good luck to you.
THM should benefit as the next best large scale mining project that is road accessible in a friendly mining district close to Fairbanks. The State of AK supports the development of this mine.
International Tower Hills mine (THM) road access, friendly mining district and close to Fairbanks
Bought in 5500 shares@ $2.19, This is way oversold. With a current ratio of 1.90, quick ratio of 1.20, zero long term debt/EQ and debt/Eq of 0 ,this is a value play. As long as they get serious about hitting the brakes to the cash burn rate this could be a good turnaround story.
Bought more at 1.12 and 1.17, talk about rolling the dice as this is a tough one to measure which we are headed. positive financing /update next week we will be @1.50. I am hoping at these levels most of the possible bad news is already priced in.