Thermal Energy International Inc V.TMG

Yahoofinance

[greendaze]

Has dropped 1Y Est for Tmg at 0.40 from 0.45

[panapple42]

Good on them.  I am hopeful the "qualified" individuals asking questions this time will not be so nice as they were on the last call.

[Mostlyserious]

When have you seen any analyst of a microcap ask a tough question?  The whole coverage part is designed one way or another in a hope of their company generating some future business so they always play nice.    

[Mostlyserious]

That means Beacon Securities dropped their price target. Probably came to the same realization as we did here that their revenue forecasts were too optimistic.  5 cent drop ain't bad, except that rarely do these microcap analysts get things even close to their targets.   But at this point, I don't think anyone is paying attention to their research.  All eyes on much

[panapple42]

why the optimistic messaging, I wonder?  If they expect flatness that is.  They never really did say anything about the future sales.  Large sales team?  For what?

[Mostlyserious]

Maybe they see "flatness" as a good result.  Maybe they deem that the growth since some low point over the last few years is the success worth emphasizing and every year growth is not what we should expect due to the lumpiness of sales. When so many large caps continue to grow annually, I expect a small play that considers itself successful to outpace the large ones.  One $2