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Bullboard - Stock Discussion Forum 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... see more

TSXV:TMG - Post Discussion

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Post by PutzMcGee on Jan 25, 2023 12:23pm

Consider this

If I truly intended to sell shares in a stock with extremely low volume, one thing I would not do is send in a single limit order for an amount at least 6-7 times greater than the average daily volume when I can see that there is no volume. I also would not subsequently pull said limit order anytime there is any material news released and when recent volume is high.

Huge limit orders to sell on a stock as thinly-traded as this one only serves one purpose: disincentivize anyone to market buy. You can speculate as to why someone might want to do that, but indicating that this is not intended to put a cap on the share price is simply naive.
Comment by Mostlyserious on Jan 25, 2023 2:19pm
If there wasn't this bigger amount of shares showing, wouldn't a "market buy" be more dangerous? If this is deliberate, I would see it as a cap in terms of wondering why someone with a larger amount of shares would want to sell them.  What do they know that I don't? Who knows.  If spectacular news comes out, the wall won't matter...the person will either ...more  
Comment by PutzMcGee on Jan 25, 2023 2:44pm
On a stock like this, most people who hit the Ask do so with the objective of taking it out, or at the very least, contributing towards that end. This, in theory, helps move the share price higher and increases the value of their own investment, presuming there is sustained volume to keep moving up. The problem is, when the news cycle is dry, so is our volume. This is an opportunity for people to ...more  
Comment by panapple42 on Jan 25, 2023 9:11pm
We need something like this: https://themarketherald.ca/pyrogenesis-signs-6mm-contract-with-advanced-materials-firm-to-supply-sparctm-land-based-waste-destruction-system-2023-01-10/?utm_source=stockhouse.com&utm_medium=widget&utm_campaign=stockhouse.com%7Cwebpart_news%7Cnews_tab note how effectively their nr is distributed.  why?  Because they are winners.
Comment by Mostlyserious on Jan 25, 2023 10:15pm
Are you serious or being sarcastic?  Weren't they supposed to be cranking $100s of millions in revenues by now?
Comment by panapple42 on Jan 25, 2023 10:52pm
There is a very good reason why pyr is valued more richly.  If the world was equal TMG would be 50 cents.
Comment by panapple42 on Jan 25, 2023 9:20pm
https://ca.finance.yahoo.com/news/why-thermal-energy-international-inc-100633552.html
Comment by Mostlyserious on Jan 25, 2023 10:22pm
That is hard to read.  No real understanding of the company, nor the shareholder suffering. Including being dilusional that shareholders vote on CEO's compensation package at the AGM.
Comment by panapple42 on Jan 25, 2023 10:48pm
You see ....  When the share price rises a penny i get aroused.  For good reason. I imagine there are others. 
Comment by panapple42 on Jan 25, 2023 10:57pm
thank god for Viagra. 
Comment by greendaze on Jan 26, 2023 9:57am
Sorry , your invisible deity didn't file the two patents . So you kind of have to thank Pfizer . Perhaps , if we get higher valuation you might need the cardiovascular one . 
Comment by panapple42 on Jan 26, 2023 10:25am
Thanks PFE!