GURU READ THIS; Good stock here. Great buy now.
THRA - Starting an Uptrend That Will Bring This Stock Big Gains In the Weeks Ahead
At this precise time last year THRA was a $.40 stock. It has taken a full year for this stock to slowly grind its way down to the low $.00's, with nary a rebound or rally. I think now is the time to step in and ride what will be an impressive and deliberate rebound in share price.
For one this stock has recently shown its broken its downward channel. Today it broke through its 50 day moving average, something technical geeks will view as a bullish signal. The 200 day moving average sits at $.0433, which goes to show you just how far this stock has fallen. It's quite obvious THRA has over shot to the down side and there is more value to these shares then meets the eye.
Just recently THRA submitted filings to Pink Sheets which contain some promising news for THRA investors. In the first filing titled Management Discussion and Analysis for Quarter 1 2010, the Company expects that revenue from the sale of Nutraceutical products, Digital Thermal Imaging and Chiropractic sales, will add to its revenue stream. This is big news as the company will now be showing a sizable chunk of revenue growth in the quarters ahead.
In the quarterly report filed just last week the company shows a float of 124,675,285. That is a small number for a stock trading as low as THRA and bodes well for anyone buying shares. The other outstnading shares are restricted and likely won't be available for trade in at least a year. The market makers will have to be careful shorting this stock. With so few shares in the market place the stock will have an easier time heading higher when the buying comes.
The bottom line regarding the filings is that this company is growing via acquisitions and the share structure is small enough to accommodate a serious rise in price per share when investors catch on to the company growth theory.
I know I've talked about this before, but some of you may recall GOIG a stock that had fallen over 90%. I called the bottom for that stock at $.0004 and it went on a rally from that price to over $.06 a share. A $400 investment in GOIG at the time could be sold for over $60,000 later on.
My point is that these stocks reach a bottom and explode to the upside, not only to settle seriously oversold conditions, but because the stock price was unjustly taken down. THRA fits both of those statements. This was a stock trading over $.40 a share and with an almost similar share count the stock is at $.0028. While I don't think THRA is heading to $.40 anytime soon, I don't see it staying this low much longer.
Couple the recent company activity, with the bargain basement price of the stock and you have the ingredients for a substantial rally over the next few weeks and months. Remember most of these big rallies can take time to develop. I think THRA will be one of those stocks people will be wishing they bought when it was still under a penny.
With continued company transparency and revenue growth THRA will be talked about in 2010 and beyond.
