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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by AcerbikWiton Jan 28, 2008 9:04am
65 Views
Post# 14271602

RE: Buying Point/ Luke use the trend

RE: Buying Point/ Luke use the trendThe trend is your friend until it ends. Since the trend of TMG has been in a constant descent since June 07 high of .63 to today's .20 there is nothing to suggest this down trend wont continue. If you understand the behavior of markets during recessions, (bear markets) you would be very prudent to avoid the hype, and understand that even companies with solid earnings can drop in share price as margin calls force the share holders to liquidate their positions. TMG could drop down and stay down, no matter what news they put out. Remember "A one day rally does not a trend make"
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