Thermal Energy International Inc V.TMG

Top selling yesterday 0.8 million shares traded?

[ckwong]

The folloinwg is a Point & Figure chart from stockchart.com indicating TMG's positive trend:

[url=https://stockcharts.com/freecharts/pnf.php?c=TMG.V,PWAADANRNO[PA][D][F1!3!1.0!!2!20]]TMG trend[/url]

However, the coming price action may not be straight up.

Last time, TMG hit $0.305 on Feb 05, the volume was 1.2M. The peak $0.315 was on Feb 6/8. Then the price pulled back to $0.26, almost 20%. We may see similar pattern or that is it. I would not know which way it goes.

Yesterday, someone took some money off the table. I call them smart guys.

[ckwong]

Stockhouse cannot handle the square brackets. The link for the chart should be: https://stockcharts.com/freecharts/pnf.php?c=TMG.V,PWAADANRNO[PA][D][F1!3!1.0!!2!20]

[stockpickman]

ck....no similar pattern this time around, imo I agree what Mostly says: "Anyhow, it won't be a continual smooth ride up but the trend should continue for quite some time as it sounds like they have a lot of business development potential just with the existing client base.  Got to like that Danone tweet, signalling already looking at a few additional projects". TMG was nowhere

[ckwong]

Thank you stockpickman, Even this is top selling, it should rebound quick. For whatever worth, I have not sold a single share for a long time.I sold some at 16 cents and painfully buyback at much higher price.