When you look at THCB take in the entire picture of the company coming into being.
It has a low float so you can expect dramatic moves but that alone is NOT an indication to buy, all that means is that it will have big moves up or down.
Most important is the company moving into the shell. This oil and gas company is a privately owned company with an excellent reputation and everything they do is absolutely first class. Their office location is an indication of the picture they paint.
The goal of this company is to increase revenues. They have the management to do it too. They are very clever and realize a public company puts them in view of the money people, Funds and bank and private lenders require a reporting company to put their money at risk, because with a reporting company the risk is minimal.They have the land under lease to deliver the goods.
All of this adds up to a very happy share holder because as the company expands so does their revenue and increased revenue converts into shareholder value via increased share price and dividends.
This stock is a slam dunk buy and with more press releases lined up to hit the market up goes the share price. I expect to see the price of this stock in the dollars in the very near future and in the event of dividends its a stock you will want to hold. Grab all you can get while its affordable.
When the Fish speaks, people listen!
This is only my opinion.
