I expect there will be good news reported
very soon (days to a week and days) about the ongoing work in the demo center.
Looks like Citibank's (SBSH) bid at .46 got eaten up, mostly through those 5-11K distribution trades which IMO came primarily from other market makers. I think it's possible (no public accusation, and I hope I'm wrong) whoever was buying through SBSH could have in part or whole been covering a naked short. They were on the offer a lot in days following the last (READ LAST, NO MORE) stock promotion which pumped the price to .89.
This stock, like the engine, will burn on it's own ingenious integrity and beautiful simplicity. It is appealing to me as an investment because the engine is not really a threat to the oil establishment, and hence I don't think they've been or will be compelled to squash it. The engine might even be used to pump oil in the fields, for better or worse. That is really a possible application on the table for the DCGT, because of its a sure start in cold weather and it's ability to burn (more efficiently than any other turbine engine in the world) gases on hand at drilling sites.
This could be the the time to buy and/or add, right before what should be a period of the best news of substance TTEG has had to boast of ever.
Of course how this stock is valued at this time is a mystery to all. One thing for certain is that the tradable float is small and if successful, the potential of this engine will eventually render volatility in the pennies meaningless.
Imagine what will happen when all the green investors out there hear about successful tests on a heavy duty engine which will burn any and all petro and bio fuels 30% more efficiently.
Market makers can't get enough shares!!!
Got enough TTEG?
