A month ago, I bought Raser (RZ) in a gamble that one of thier plans to get project financing would pay off quickly. Unfortunately, the one I thought was most likely of these, an application for a DOE grant gaurantee, was rejected last week, so I sold at a slight loss.
I’ll be keeping an eye on Raser (RZ) to see if I can pick it up again at a reduced price… there’s still a chance of a quick win if they get funding elesewhere.
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theleakers said
at 1.43, is it worth a gamble ???
Tom said
I’ve stopped following the company b/c of other bad news.
http://twitter.com/AltEnergyStocks/status/4138840405
theleakers said
thank you, Tom, for the bad news link …
Tom said
That may be the first time the bearer of bad news got thanked….
thleakers said
okay, no more thanks
because if I bought at 1.43 and today it closes at 1.56, I would have pocketed 9% …
Tom Konrad said
Only if you actually sold at $1.56. I think it will see $1.43 again.
theleakers said
you are correct …
but since I did not buy at 1.43, there is nothing to sell at 1.56 …
probably a technical bounce couple with the current market condition, but what happen if they suddenly have some good news …
Tom Konrad said
Likewise, what if they suddenly have some bad news?
theleakers said
the bad news might be all out by now … what else can go wrong ???
theleakers said
Dr. Konrad:
where can I find your latest portfolio recommendation ???
Tom said
I’m not currently buying anything, because I think the market is overvalued. However, if I had to pick something, it would be New Flyer, which I wrote about here: http://www.altenergystocks.com/archives/2009/10/another_look_at_new_flyer_industries_nfiunto_nfyifpk_1.html
Generally, the best way to keep up with my picks is at AltEnergyStocks.com
theleakers said
I really think all the sellers in RZ are gone, that is why it is moving back up, now 1.66