Third Bench Inc (THBD)

[tigerpac]

I don’t think the company itself is a con. It’s heavily leveraged. The stock however is a no go for me and has been since the initial pump years ago and I’ve explained the reasons why.

However, stocks can develop their own story independent of the actual company. Especially penny stocks. The herd tends to move together but these days it’s measured in days rather than weeks or months.

Again, any stock with Canouse/Hicks in the background holding Preferreds and toxic notes is a dangerous proposition waiting to get dumped on.

Doesn’t mean it can’t happen though. Still expect to see an S-1 before end of year.