Mark: Got to take issue with some of your theories. First"....in 20 years or so". Lord, I hope it dewsn't take that long! I doubt I'll be alive in 20 years! The technology is here NOW. It's being sold NOW. It's not only the best answer for handling the geometrically increasing amount of waste materials--it seems to be the ONLY viable answer at this point in time. A better mousetrap might be invented, but TTRIF has been working on this tech. for some 14 years--since 1982--so how long before another technology could compete? Composting is a dud--who wants acres of mounds of stinking, rotting s... all over the country? You know landfills are being filled to capacity and Fed regs on new landfills make them incredibly expensive. The answer is recycling organic waste so it never goes into landfills in the first place. I believe that in the next 5 years the tipping fees will go up dramatically--making TTRIF even more desireable and more profitable per plant than is now projected. As for the rest of environmental sector, who has any new ideas--most are so huge (Waste Mbmt) that fast incremental growth is over for them. However, being in that lagging sector isn't helping TTRIF stock either.
Why would MM sell stock to buy back again? Oldest ruism in investing--Buy low-Sell high, or in this case, Sell high-Buy low. MM pay no commissions and usually know which way the stock's price is moving because THEY are moving it there--baring surprises. Theoretical and overly simple example: You own 100,000 share of XYZ co at a cost of $10 per share and is trading at $10 now with a relatively low vol and narrow range. You sell 5K and drive price down to $9, then another 5K drives down to $8, then ittakes 10K shares to drive down to $7, and a final 20K drives it down to $5. Now reverse and accumulate the same amount (40K) at $5 and ride price back to $10. On the 40K sells you "lost" 142,500, your gain from 40K from $5 to$20 is 200,000 or net 57,500 if you had accumulated 80K your profit would have been 257,500. Got to stop continued on ndext post
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