What do you guys see as the outlook on this stock, long and short term?
Volume has dropped considerably over the last two weeks, held between .0016 and .0018 though. Trend is sideways, people may be waiting for news ? ? ?
quote:
Originally posted by mwgriffin:
When is the annual report supposed to be released? - I thought for sure it would be last week.What do you guys see as the outlook on this stock, long and short term?
Volume has dropped considerably over the last two weeks, held between .0016 and .0018 though. Trend is sideways, people may be waiting for news ? ? ?
Watch out for the reverse split that is coming up soon. You dont want to be holding when it happens.
It dont have the link to the R/S news but the CEO was interviewed by a stock website and he told them that a R/S was on the way. This was in Oct, and he said if it doesnt happen before the end of the year, it will be shortly after that. Just something to keep in mind.
I personally dont own any right now, but if THTHF drops which it probably will after the RS i will jump in. I think that they company has great potential and will continue to grow, but they need to RS. If they can get down to a reasonable number of o/s, I will buy in.
If it was said way back in October, I'm sure it would have happened by now, if it was going to happen at all.
quote:
Originally posted by NEWDD:
If there is indeed news of a reverse split, please provide the link to that piece of news. Otherwise, it'll be just pure speculation.
Whatever.....I'm not here to scare people out of their positions. I'm just giving you a heads up on what the CEO said. Believe it or not, I really dont care.
You asked me to provide a link after I said I dont have one.
And just because you are starting to get me upset by basically calling me a liar. I will find it and post it.
Speculation.....F-U
What about your speculation of this stock rising in the near future without a R/S.
quote:
Originally posted by delt16:
Whatever.....I'm not here to scare people out of their positions. I'm just giving you a heads up on what the CEO said. Believe it or not, I really dont care.You asked me to provide a link after I said I dont have one.
And just because you are starting to get me upset by basically calling me a liar. I will find it and post it.Speculation.....F-U
What about your speculation of this stock rising in the near future without a R/S.
I love that
quote:
Originally posted by NEWDD:
If there is indeed news of a reverse split, please provide the link to that piece of news. Otherwise, it'll be just pure speculation.
Now that I have waisted 10 min of my life finding the interview with Declan French, ( do you know that is?? Probably not) I am having second thoughts about posting it.
"Speculation".......hahaha
"If it was said way back in October, I'm sure it would have happened by now, if it was going to happen at all. ".........hmmm......really?
I would love to see you losers get caught in the middle of the R/S, but since I'm not that much of an A-hole........
read for yourself!
Am I speculating by saying that I think that you guys haven't done much DD on this company?
If you need me to do any more DD for you, just let me know.
http://smallcapdigest.net/archive/listserv/20030820-1.html
[This message has been edited by delt16 (edited February 22, 2004).]
quote:
Originally posted by keithsan:
Speculation.....F-U
I love that
LOL
quote:
Originally posted by GreenKnight37:
A reverse split? I've heard nothing about this on any message board.
Well......you've heard it now.
But to get upset and curse over that request defeats the whole purpose of this board, and frankly makes you come off as a possible basher, and certainly as being rather rude.
quote:
Originally posted by GreenKnight37:
Delt, you dont have to get so pissed off at the world you know? We just hadn't seen the article and asked for some more specifics. Thats one of the main reasons this bulletin board exisits, for the sharing of information.But to get upset and curse over that request defeats the whole purpose of this board, and frankly makes you come off as a possible basher, and certainly as being rather rude.
You guys dont do any DD, and then say that what I am saying isnt true.
You say that there hasn't been anything on a R/S on any of the message boards. Is that where you get all your info from?
It is rediculous that I have to waist my time trying to find the link to that article, because a couple THTHF "longs" havent done any DD on the stock and discredit my information. I'm just saying, do some research on your own and you will find out these things.
And a basher?? What did I bash? Please, now you're just being stupid. Point out one statement that I made that bashed this stock.
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Here is another good stock to watch. As you can see from the charts, this one has a fairly predictable pattern. Right now its trading around its usual low, and has had a lot of strong support at this price.
In my opinion, this is a good long-term hold. You can definately buy in and get out at one of the usual uptrends, but after doing a lot of DD, I like this for a long hold. The company has a steady flow of contracts, impressive client list, moves well on PR if you're looking for a swing trade. Overall I really like this company, and will be holding for awhile.
So without further ado...here is the DD! But go a bit further and do your own like always, this is just a brief snapshot of the good stuff.
--------------------------------------
Company Information
Thinkpath Inc
201 Westcreek Boulevard
Brampton L6T 5S6, ON
Phone: (905) 460-3040
Fax: (905) 460-3050
Email: communications@thinkpath.com
http://www.thinkpath.com/
"Thinkpath is a global provider of engineering services, design, build, drafting, technical publishing & documentation and on-site engineering support. Thinkpath enables corporations to reinvent themselves structurally; drive strategies of innovation, speed to market, globalization and focus in new and bold ways. We are experts in the aerospace, automotive, defense, manufacturing and health care industries." Quoted from the Thinkpath.com homepage.
Client list: ( http://www.thinkpath.com/eng_client_port.html )
Lockheed Martin, General Dynamics, General Electric, General Motors, Boeing, Cummins Engine, ESI Fiscal, Ford Motor Co., Allison Transmission, Driltech, Copeland Corporation, Komatsu, GE Elano, ABB, Magna
Investors information: http://www.thinkpath.com/ab_investors.html
Investors FAQ: http://www.thinkpath.com/pdf/FAQSheetSep26.pdf
Request a Investors Relations Package
Contains: Annual Report, Recent Financial Statements, Recent PRs, General company Info http://thth.smartsimple.com/s_signup.jsp?token=XVtQC1oGbVxeQw9bQhI%3D
---------------------------------------
Recent Company News
Feb 3rd -- Thinkpath Announces New Contracts Worth $.5 million http://biz.yahoo.com/pz/040203/51910.html
Jan 21st -- Thinkpath Announces New Contract Worth $2 million http://biz.yahoo.com/pz/040121/51187.html
Jan 8th -- Thinkpath Continues to Target the Defense Industry by Announcing an Advanced Authorization Letter Worth Approximately $2.6M US http://biz.yahoo.com/pz/040108/50575.html
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Income Statement: http://finance.yahoo.com/q/is?s=ththf.ob
3rd Quarter Financial Results - Press Release: http://biz.yahoo.com/pz/031112/48129.html
-------------------
The income statement shows that the company is a bit in the red, but most OTC stocks are from what I've experienced. Despite this fact, I still believe this company has good things ahead. Just look at the most recent contracts.
October 2003 - Best Sales Revenue in 15 Months -- $1.5 Million http://biz.yahoo.com/pz/031113/48148.html
January 8th, 2004 - Letter of Intent worth $2.6 million http://biz.yahoo.com/pz/040108/50575.html
January 21st, 2004 - Contract Announced $2 million http://biz.yahoo.com/pz/040121/51187.html
February 3rd, 2004 - New Contract $500,000 http://biz.yahoo.com/pz/040203/51910.html
These are the most recent PRs regarding contracts. For examples sake, lets assume the Letter of Intent from Jan 8th falls through. Even without that, I'm counting $4 million in new contracts. If that signed letter of intent is successful, we're up to $6.6 million.
From what I can tell, the current debt is being worked off through some restructuring that occurred last year. In July, Thinkpath sold off its Information Technologies division to Treklogic(TKI.CDNX) ( http://www.thinkpath.com/pdf/Jul803pressrelease.pdf ). This was done to acquire extra cash, and make future use of cheaper IT outsourcing. Then in August, Thinkpath reduced the number of offices to further reduce company costs (http://www.thinkpath.com/pdf/Aug2003pressrelease.pdf )
So considering the restructuring to reduce debt and the steady flow of contracts (for pretty hefty sums), I have faith in this company. Like I said in my first post, I still feel this is more of a long term company. But like any stock, a swing trade could be possible if played at the right time.
Please provide an objective view of the stock. If you want people to make sound judgements for themselves, provide solid DD. If you expect everybody to agree with what you say, then get offended when asked for concrete facts, I think you may be doing more harm rather than helping others.
This is a forum. You may post anything that you want. However, if you really want to give a heads up to help others, post your DD, then follow up with your opinion. And, when did I speculate that the stock THTHF will rise in the future? which thread?
I just stated flatly that DD is needed. "Liar" is never used. I didn't curse you either. Since you cursed me, I have to say God bless you and your family.
Good luck all.
quote:
Originally posted by delt16:
Whatever.....I'm not here to scare people out of their positions. I'm just giving you a heads up on what the CEO said. Believe it or not, I really dont care.You asked me to provide a link after I said I dont have one.
And just because you are starting to get me upset by basically calling me a liar. I will find it and post it.Speculation.....F-U
What about your speculation of this stock rising in the near future without a R/S.
quote:
Originally posted by VNGNTN1:
DELT
Aside from any speculation. Why is any split
something to run from? It is simply a sideways transaction in the companys books. A R/S might attract larger investors who would not touch pennys.
VAN
In the long run there probably wouldnt be any problem. As I stated before, I think that this company has potential. The problem is, when most of these sub pennies R/S they have a strong tendency to crash immediately following the split.
So if THTHF was @ .002 and they had 100-1 R/S, that would bring the pps to .20
Now it isn't written in stone, but it would probably crash down to .01-.05
I have watched it happen VERY often.
I am not bashing this stock. As I said before, I think there is great potential with this company after they are able to get everything ironed out.
After the R/S, and then crashing PPS, THTHF could eventually move into the $ range.
I am just saying that if you sit out of the R/S time, you could probably buy THTHF @ 1/10 the pps than you will pay now taking the o/s - price ratio into consideration.
JMHO