SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Edward W. Richmond who wrote (770)6/11/1999 1:37:00 PM
From: Far Side  Read Replies (1) of 1208
 
Ed, we seem to be having a good one-on-one here.

My take on small cap analysts is there need for a quick profit opportunity i.e. no more than six months. Based upon that and the hate complex the MMs have for this stock and we could have a problem.

I mean - really - IR is hopeless. Where else do you have a company coming out with a company analysis every six months. They don't exaggerate either. Remember, they moved their manufacturing facilities late last year and we don't see results for at least 5 months (quarterly results plus delay in release) after actuals are in. Does anyone expect an immediate improvement in sales. They first have to ensure that they have quality product. This seems to have happened if you look at the VW deal.

In fact, the VW deal was fantastic but not realized in the stock price at all. The reason, one of the holders of the stock has been selling because it can no longer own stock in companies that it's analysts don't recommend and they no longer do analysis on companies as small as TCT.

Ironic isn't it? We lose because they are selling. Not really. We lose only if we sell too. I agree that the value of anything is only relative to the actual demand for that product and that is most true with stocks. That is because stocks are a greatly undefined asset. You cant see or feel them, you can't eat or live in them and you must put your full trust in those who run the company. Then you must sell them to someone else who has even more confidence than you before you can do anything else with the money. Obviously there are fewer buyers with confidence than sellers. That is why this may be such a good time to buy when situations like this occur.

This is only my opinion so don't think that I am hyping this security at all. I am not.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext