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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: space cadet who wrote (43)8/15/1996 5:52:00 PM
From: DDS-OMS   of 6467
 
Mark--You sound a bit discouraged! Keep the faith!! IMHO, this is a classic stock manipulation. By whatever mechanism--MM or large holders parting with some of their stock to drive price down and then buy it and more back at lower prices--I believe TTRIF is being artificially driven down and held down. If the scenario unfolds correctly, the prices should remain down here for as long as possible--one or two months--maybe less if "they" get all the stock "they" figure "they" can get. A "long" period of stock inactivity will further disillusion and shakeout even the most patient diehards--then look out--TO THE MOON! Its my understanding that the 3rd quarter (Jan 31,97 earnings reported by end of Feb) will be in the black. Am I wrong here--you seem to think it's 98 before pos earnings?

I've forced myself not to keep adding to my position as stock bounces off 1 1/4, last I got was 5K @ 1 9/32 last Friday, so hold 58,600 here. Would like to have an even 100K, but I too am worried that it may not be able to hold $1. I guarantee you that if it sells at 0.75 I'll get to that 100K mark.

We lost 2 posts last night--Paul's and mine. Were they read? As Paul said--there are imminent announcements in new plant construction/contracts. This could shorten the time frame for the price to be held below $2.

Seriously considering a trip to Ontario to meet Rene and tour Brampton or Hamilton between 15-27 Sep.

Hang in there,
Gary
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