I started watching this stock at .0002. It has gotten up to .0007. It has scaled back, but is poised to make a run towards a much higher level. Take a look at the company, via the website post and press releases and do your due diligence.
Specifically, Thresher Industries is located within a state enterprise zone, a recycling market development zone, a foreign trade zone, and an SBA HUB Zone for contract preferences. They recycle aluminum and create high strength metal composites that are being sold as parts to S&P 500 conglomerates, and automotive manufacturers.
Just yesterday, the volume went crazy at over a 500,000,000 shares trading hands. Today this report came out (posted below). It has been fluctuating between .0001 and .0002 for a month. This volume has taken it to .0003 today and coupled with the press release, I think good things are on the horizon for Thresher. With $250 in an online brokerage account, you could purchase 833,000 shares. If it went to a dime, you would come out with $8300.
Sirius peaked at $1.14 today. I still say it is going farther. Good trading!
Press Release Source: Thresher Industries, Inc. On Wednesday February 24, 2010, 9:21 am EST
HANFORD, Calif., Feb. 24 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets:THRR.pk - News) announced today that it has received the positive interim material testing analysis from Cal Poly San Luis Obispo Material Sciences Department. The test report concluded the company's own findings on its proprietary material as well as the process used to obtain its superior distribution of particulate in the base aluminum.
According to the company, the success of the new material is due to the high level of distribution of the particulate and this is exactly where many companies have failed before. These results will enable Thresher to obtain a large market penetration in this highly profitable industry. The company, through its partnership with Cal Poly San Luis Obispo anticipates further developing this material as well as other materials for strength, wear resistance and heat dissipation for use in vehicles, reducing emissions and fuel consumption via weight reduction in this multi-billion dollar industry.
"These test results represent a significant milestone for our company in its quest to be a leader in the development of light weight high strength materials," said Tom Flessner, President and CEO of Thresher Industries Inc. "Our now proven ability to manufacture these advanced materials in a cost effective and consistent manner will make our company and product very desirable to the automotive, and aviation industries," further added Mr. Flessner.
About Thresher Industries, Inc.
Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, "green" foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts
Press Release Source: Thresher Industries, Inc. On Wednesday February 24, 2010, 9:21 am EST
HANFORD, Calif., Feb. 24 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets:THRR.pk - News) announced today that it has received the positive interim material testing analysis from Cal Poly San Luis Obispo Material Sciences Department. The test report concluded the company's own findings on its proprietary material as well as the process used to obtain its superior distribution of particulate in the base aluminum.
According to the company, the success of the new material is due to the high level of distribution of the particulate and this is exactly where many companies have failed before. These results will enable Thresher to obtain a large market penetration in this highly profitable industry. The company, through its partnership with Cal Poly San Luis Obispo anticipates further developing this material as well as other materials for strength, wear resistance and heat dissipation for use in vehicles, reducing emissions and fuel consumption via weight reduction in this multi-billion dollar industry.
"These test results represent a significant milestone for our company in its quest to be a leader in the development of light weight high strength materials," said Tom Flessner, President and CEO of Thresher Industries Inc. "Our now proven ability to manufacture these advanced materials in a cost effective and consistent manner will make our company and product very desirable to the automotive, and aviation industries," further added Mr. Flessner.
About Thresher Industries, Inc.
Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, "green" foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts
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