Ecomike, the article by Lee Shane took information from the Mantra web site area on Technology: MRFC Technology and set it into context for those interested in green energy stocks.
It's value is mainly in introducing Mantra to a broader audience. "Lee Shane works in information technology for a Fortune 500 company, and is an individual investor with over 20 years experience. His focus is on small to mid size technology companies that have the potential to be disruptive, or offer benefits to the sectors they are targeting that legacy technology may not currently provide. He has a strong interest in green building concepts and alternative energy and looks for hands-on opportunities in those areas." He is a guest contributor writing valid information from a credible source, but not an analyst.
Tom Konrad Ph.D. CFA®, the Editor of "Alt Energy Stocks" is "a Chartered Financial Analyst (CFA®) charterholder, and has a Ph.D. in mathematics from Purdue University. He wrote his thesis on Complex Dynamics, a branch of chaos theory. His study of chaos theory led to his conviction that knowing the limits of our ability to predict is much more important than predictions themselves, a lesson he applies to both climate science and the financial markets." (Source: "Alt Energy Stocks")
My Fidelity account lists no analyst coverage for Mantra, but lots for many exchange-traded tech firms. Analysts have specialized analytical/mathematical skills and clear roles, as stated below:
"Analyst Coverage (Current Quarter)
The number of analysts submitting earnings estimates for a specified time period.
Analyst Coverage is an indicator of how closely a company is watched. The more closely watched a company is, the less likely it is that there will be positive or negative surprises that could cause large changes in value. However, the less closely watched a company is, the more likely you are to find value that others have not yet found.
A stock rated BUY is expected by an analyst to beat the market on a risk-adjusted basis over a 12-month period. Beta is the risk measure. Market forecasts are set by the Market Strategist. Target prices are set by Analysts.
A stock rated HOLD is expected to perform in line with the market.
A stock rated SELL is expected to underperform the market." (Source: Fidelity Investments)
If I had analyst skills I may have been employed in that role. But I don't, so I do the best I can to inform other private investors and benefit from participating in MB conversations. Thanks for keeping that conversation going here.
