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Senior Member
Catch The Wind
Is anyone acquainted with this company? CTW.V
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[QUOTE=indexxx;121080]Is anyone acquainted with this company? CTW.V[/QUOTE
I have been following this for the past few weeks, doesn't look like a stock that will go to zero overnight (such as exploration) because they actually have orders for their wind technology.
Regardless, this is a penny stock, and should be treated as such. However, I did have some play money, and put in an order at 13.5cents. I think the risk reward is worth it for me. But I dont' think I'd throw money I wasn't willing to lose at it.
But, a 2 cent uptake nets you 10+% gain.
Does anyone know of any resources that are available for stocks on the Venture exchange?
Edit: And shortly after my order was filled it went down to 12cents, but then rebounded to 13cents at the end of the day. Only down .5cents right now (3.7%)
That's the excitement of these small cap stocks.
Last edited by Chigu; 2012-03-26 at 05:06 PM.
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Senior Member
Yes, I've been following it on Stockhouse, which has a lot of discussions on Venture listed stocks. I saw this stock recommended on someone's website last month as a good candidate with analysis going to $0.70 for the year, which led me to the Stockhouse site.
http://www.stockhouse.com/financialt...m_symbol=v.ctw
Unfortunately I bought in at 0.16; wish I'd waited until today! Hoping for a turnaround...
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I bought a tranche at 12.5 and then another at 11.5. I was going to buy some more at 10.5 but it held at 11 and now has shot back up to 13 cents.
I know on the stockhouse group they have been talking about a lot of selling pressure from ex-employees who have been dumping their shares. I'm not sure about the validity of that claim.
Regardless, I see a groundbreaking technology that is just at beginning to technological adoptation in a field that will be going through an economic supercycle over the next century out of necessity. Wind is a better investment now than solar and these guys basically make money off of a technology that detects wind well in advance of it hitting the turbine and then makes adjustments to protect the turbine and optimize energy capture - it is called the Vindicator. They have started getting more and more orders and are working on bring down the costs of manufacturing now that economies of scale in production can be put to use. They apparently have IP and no major direct competitors at the moment.
Given their small market cap and the large margins made on these units I do see a bright future for this company.
I will probably up my order to try and catch another pullback to the 11.5 to 12 cent area as I fear it may be running away from me at these ridiculous valuations. This is not some startup with no revenues or customers. They will survive and be quite profitable in the next year. I've got about 1% invested in it right now.
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Senior Member
... D'OH!! Latest on CTW- should we be afraid?
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I was keeping an eye on this as well, just out of curiosity, didn't buy though. It went down, but not like an idiot jump.
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Senior Member
I was thinking about the 'bullboard' posts at the bottom of this page-
http://www.stockhouse.com/financialt...m_symbol=v.ctw
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Senior Member
ooh the charnel house rocks
you guys from that pr company owned by the tmx ?
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There is a lot of hot air on Stockhouse.
Occasionally someone will point you to a good article on the company.
I do like the company and the technology but they are going through a major rough patch right now. This one is highly speculative and is a small position (1%).
I like to have one of these small promising pennies on me at all times - my version of the lottery.
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Senior Member
rough patch ?
co has lawsuits open & pending.
messy ID trail leading from france thru quebec to virginia usa & onwards to the ROC.
microcap companies that i like have tight, clearly defined ownership structures because they arise from strong entrepreneurial backgrounds, often just one individual or one project farmed out from university research. By contrast, this windy story is literally all over the map.
if an optical device retrofitted onto the nacelle actually made it work better, why haven't the big turbine manufacturers - the GEs, etc - bought up this technology so they can install it themselves during original production in their factories.
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