Thresher Industries, Inc. (THRR)

[GreatSuccess]

This traded higher then where its trading now and that was way before the buyout was on the table.
Yesterday people paniced fueled by bashers.
I see no reason it doesn't have a strong bounce.

I sympathize with anyone who had taken a loss here, may of us went through this at one point or another.
but thinking of it unbiased, I would say that THRR management had no option but to bring the letter of intent to the knowledge of its shareholders, it was their DUTY not choice.

It could have been the case that the buyer company was the one at fault and not serious enough to provide the DD THRR management requested.

I'm not coming to THRR defense but i think that emotions here are very high , and it clouds a bit the rational thinking.

In any event i think there may still be a play here to recuperate some $ playing the bounce, as this was just panic selling yesterday and every panic move has its significant bounce that follows.

Good Luck everyone