RE:Thermal energyNot only is Humpty Dumpty lying on the ground broken into hundreds of pieces, but the wall that 'ole Humpty was once sitting on has fallen over as well. This would all be a little easier to stomach if we were going through a rough patch in the markets, but we're not. We're going through one of the biggest bull markets of our lifetimes. The broader markets are at all time highs, small caps are breaking out to new highs, and investors are throwing money at virtually anything and everything regardless of price. Well, everything except for this.
Investors have been slowly but surely jumping off this slow-motion derailing train since the summer, and here we are barely clinging to 13 cents, and think, not that long ago at almost twice the price, Bill was telling everyone how cheap the company was! One thing is for certain though, insiders won't be stepping up to stop the slide. They could care less about the valuation because they have so little skin in the game. They'll just carry on doing what they have always done: using TEI as a milk cow to suckle out fat salaries, bonuses, fees, expenses and cheap options to be exercised and sold on spikes.
And yes you are probably right, we may once again have our day, but it will probably consist of a run from 7-10 cents back to 14-16 cents. And the funniest thing is that we are now paying a company 3 grand a week to pump this stock!