That's what we were hoping for by owning this stockOriginally Posted by humble_pie
That's what we were hoping for by owning this stock
I guess I look at this one as a huge contrarian opportunity.
The product is based on a very clear premise. The ability to take advantage of wind information in front of the turbine to increase power output and decrease stress loads makes a great deal of sense. Furthermore, they have extensive real-world test results showing their system delivers enhanced performance at what should be a small cost compared to each turbine once they achieve better economies of scale in production.
Because of the huge disturbances in the executive suite the stock is available at a steep discount today to what I think of its intrinsic value.
The plus side of return to IV outweighs the downside risk of bankruptcy here so I am willing to risk capital loss (loss of 100%) for a very realistic shot of a 20-bagger (return of 2000%) which would only actually increase the market cap of the company to $220M from today's valuation. When you consider the future size of utility scale wind power of the future, this is the proverbial drop in the bucket. Even if I never see those returns I think there is a very high chance I can exit this one around 25 cents for a double but I am hoping for a lot more in the end.
The other thing is I have always had a soft spot in my heart for alternative energy plays. Not soft enough to invest in the disaster that was solar stocks but soft enough that I'll take a shot at this wind company.
The other company's on my radar right now in the alternative energy sphere are Solazyme (oil and bofuel from algae - lots of interesting applications in cosmetics, food additives and in the specialty chemical industries will be big drivers - much moreso than commercial production of biofuel for transportation) and Dyadic International Inc (DYAI - make enzymes for cellulosic ethanol production). I haven't dipped into either yet but I may yet take a small position in Solazyme - bit of a run recently and will open a plant in Brazil to make biofuel from their cane sugar operations.
@ PMREDMONTON- you'd be interested in Vendum Batteries. The company is currently (pun intended!) going nowhere, but their idea is pretty cool. Also DOMK- DoMark industries, who makes the Solapad, a solar charging sleeve for the iPad and Kindle.
Last edited by indexxx; 2012-04-04 at 06:46 AM.
Pretty tumultuous week for CTW.
I dipped all the way down to 0.09. I bought some more at 0.095 and then had another bid in a 0.08 that did not get filled.
On Thursday it seemed like the stock stayed at 0.09 for a long time. The highest bid in the morning was 0.09 but the lowest ask was .10 and it stayed like that for a long time. The buyers seemed to finally relent and upped to 0.095 and got an order filled but then nothing again. Finally a buy occurred at .10.
I really think those who are willing to part with the stock at these low vaulations has just about entirely dried up. Now that they are all shaken out I think it goes back up to 0.15 before the end of the quarter and it may happen very fast. I still love this company's technology and am willing to go through the bumps as we go through a technology adoption phase here. The world of wind farms is very big and growing every year. This one also has huge potential for offshore wind. The device is reasonably cheap and can increase wind power generation by 10% while also potentially decreasing the need for maintenance to the turbines. They just signed a deal to do some testing of the turbines in extreme Northern conditions with a Quebec school.
The valuation on this one was just too compelling for me to pass up. I know a lot of people laughed me off the board with my bet on Petrobakken after it had fallen to 6.25 but I see the same potential for a rapid bounceback with these guys. I only wish they had a dividend but they don't have a lot of sales yet to support that as a tech start-up.
The stock initially collapsed down to 0.06.
Now making a run.
I still think this one is undervalued and is based on a ground-breaking technology that is just gaining acceptance.
Enter at your own risk - this one is horrifically volatile. You can definitely lose everything. Nevertheless, I am very confident this one will be a winner in the end.
.
eternal optimist
The story of the eternal optimist goes as below:
The optimist fell ten stories.
At each floor window, he shouted to his friends below, "Well, I am all right so far."
-Ogden Nash.
Only time will tell.
I like the field (wind power generation) and I like the technology (increases windpower production about 10-15% and decreases stress and maintenance on the turbines). The costs of production are coming down as they've signed a deal to outsource the production of the units.
This is a risky stock, do doubt - only those with the highest of risk thresholds should even consider this one. By averaging down I am even at the moment but at times have been way underwater.
Only time will tell.
I like the field (wind power generation) and I like the technology (increases windpower production about 10-15% and decreases stress and maintenance on the turbines). The costs of production are coming down as they've signed a deal to outsource the production of the units.
This is a risky stock, do doubt - only those with the highest of risk thresholds should even consider this one. By averaging down I am even at the moment but at times have been way underwater.
high risking is nice
so i'll say it twice
.
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