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Jeeeez just saw news of offering closed, that crushed the share price
$TMBR always has been the king of dilution. Wow
No one has confidence in the company right now. And now we are getting into tax loss harvesting time. They really need to issue some positive news--if they have any--to make it a more difficult decision for holders on whether to sell TMBR or another lower in their portfolio to get the tax loss.
The dilution necessary to bring in capital keeps them alive, but the under market pricing of the offering did not help.
JMO
Gm what’s the story here?
What was the amount of the offering ?
TIMBER.......sorry...I had too.....
Fell asleep.......Offering.....Wait for fifties.....
And now the POS just put the last nail in their coffin.
Terrible chart
Needs a high volume bottom reversal to bring in more investors.
TMBR...96...Bullish 3 Gap Downs Reversal Pattern to the Upside formed on this Oversold Chart...Been adding the dip...
Accumulation and Money Flow suggest a strong Upside move is setting up here...imo...we shall see...
Chart...https://schrts.co/ahCmkPAw ...
Trying to keep a lid on this one at below $1.29/share. Waiting for stock to bust out./ok2
Agreed. Look at the chart, wasn't that long ago that we were trading above $2.00/share. Retailers will take this higher./ok2
this little stock is showing signs of waking up
Once we rechallenge the $1.50's, this stock could easily move back up to the $2.00 range./ok2
News out after trading today. Company has favourable Phase 2a/b results for candidate TMB-001. Approaching the FDA to accelerate to Phase 3 trials to fill unmet need in ichthyosis. This one could run hard tomorrow and could approach $3/share in the short to mid term. Best of luck to the longs./ok2buy
Morningstar has a fair value for TMBR @ $1.51/share as of May 19/21. Trading below that. Won't last long. Oversold! Best of luck to the longs./ok2
News release a few days ago regarding 100 million dollars in a mixed shelf proposal has moved the SP lower pissing off existing shareholders. I see this as a buying opportunity and am treating it as such. Share price will recover. All the best to the longs./ok2
How many shares outstanding here?
Running lower. Is the company about to announce a private placement or bought deal to raise capital? Is this bringing the SP down? I see nothing that has materially changed with the company./ok2
Patience is key and this can go way higher IMO
$4-$5 next week with a short squeeze
What’s your target here? Massive volume a while ago with more than 150m want to see there money back
Three day weekend, shorts trying to settle.
If I had 100k free, I would be smashing the ask here just to mess with you shorties, this stock is moving on air
Nice to see green here, shorty must have backed off the gas pedal to take a breather
* * $TMBR Video Chart 03-17-2021 * *
Link to Video - click here to watch the technical chart video
I can see $3+ close today! thoughts?
She see some progress now that shorting has to take a breather
TMBR...$2.44...in the P/M...Basking Ridge, NJ - (NewMediaWire) - March 17, 2021 - Timber Pharmaceuticals, Inc. ("Timber" or the "Company") (NYSE American: TMBR), a biopharmaceutical company focused on the development and commercialization of treatments for rare and orphan dermatologic diseases, today announced that its development partner, AFT Pharmaceuticals Limited ("AFT"), has signed an exclusive license and supply agreement with Desitin Arzneimittel GmbH ("Desitin") for Pascomer(R) (TMB-002 topical rapamycin) for the treatment of facial angiofibromas (FA) associated with Tuberous Sclerosis Complex (TSC) in Europe.
45 million shorted? I took some on the off chance a while drops by next week hunting shorty
TMBR...$2.58...took a starter in the P/M...will add accordingly up or down...:party:
The bigger they are, the harder they fall
* * $TMBR Video Chart 03-11-2021 * *
Link to Video - click here to watch the technical chart video
this is only a 35mm market cap company - could easily 3x+ that to 100mm mkt cap and go to 10 pps
Thx, added some again here, brutal everywhere Tech and Bio's
Welcome aboard i got filled at 1.97 few days back.
Looking interesting here, bid $1.98- $2.02
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