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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

Post by intheteethon Oct 11, 2016 2:08pm
119 Views
Post# 25331595

Normal Profit Taking

Normal Profit TakingThis is not something that is unheard of. People are making big coin flipping this (me included). It doesn't mean we don't think there is a well thought out future for this buisness. High levels are going to come back once all the weak hands have sold.

The exact same thing is going to happen like last week and some people will make money on the ramp up again. Rinse, lather, repeat.. There will always be risk in stocks like this so if you can't stomach the swings sell your shares. 

Not to mention this stock was pumped and promoed all over the place. It made it a perfect stock to flip. Especially since I personally believe there is a viable buisness here, that makes my risk more manageable to trade it. I already have other long term venture plays which is why I personally don't keep a long term hold on this, but if I was looking for another one I definatley would. 

GLTA

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