I feel very comfortable and confident to get in at this stage, due to several reasons:
1) Big boys like Cresui & CMCMar keep buying
I checked BR dated on 15/2 and 5/3 respectively, Cresui & CMC's purchase caused significant volume spikes.
Retailers, don't throw away your shares to big boys so cheaply.
2) THD's management is working on the right track to acquire contracts and reduce expenses at the same time
I'm looking forward to coming weeks as our client's public statement may let THD expose more widely and increase its brand awareness, which should help THD to get more contracts hopefully.
If THD can increase sale and reduce cost, maybe 3rd quarter or 4th quarter we can see positive cash flow.
3) THD's MC is only $8m and cash on hand by the end of this quarter will be roughly $2.1m, way undervalued
4) I personally quite like the THD's chart
Bollinger is narrowing down to a very small range, support @0.008. Once big boys grab enough shares and take us push through the resistance line @0.011 with significant volumes, then game will be on.
Now just hold tight and wait for good news from the management.
Good luck to everyone.
