2 inches high at 100 yards.
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Not me, I want more shares. Getting them TODAY!
WAITSFIELD, Vt., Aug. 30 /PRNewswire-FirstCall/ -- The U.S. Department of Energy (DOE) has awarded Northern Power, a subsidiary of Distributed Energy Systems Corp. (Nasdaq: DESC), a Phase 2 Small Business Innovation Research (SBIR) grant to continue development of key modular construction technologies necessary to build 5-megawatt to 8-megawatt wind turbines. In announcing the $750,000 award, Northern Power said the project builds on a Phase 1 SBIR design study recently completed by the company, which confirmed the viability of these enabling, modular construction approaches.
Wind power represents the fastest growing segment of the world's energy markets, and this rapid growth has led to a significant increase in the power rating and size of wind turbines. Large turbines currently being developed for on-shore and off-shore applications offer economies for utility-scale wind farms, further lowering the cost and environmental impact of creating significant sources of alternative energy.
With blade lengths of 60 meters or greater and tower heads often weighing more than 450 tons, shipping, installing and maintaining larger turbines is becoming a serious challenge.
Northern Power's Phase 2 contract with the DOE covers manufacturing details and assembly techniques for permanent magnet generators and power converters, in order to improve the viability of large-scale wind power both on and off shore. The project's emphasis on modular designs should permit easier subassembly transportation, less weight per component, partial power capabilities and more flexibility in providing on-site service.
"By providing solutions to the wind industry's current challenges, Northern Power hopes that large-scale wind turbines will make a more significant contribution to meeting America's growing energy needs," stated Peter Mattila, Business Development Manager of Northern Power. "The work we are undertaking will help the industry meet the American Wind Energy Association and DOE's recently announced goal of producing 20% of the country's electrical supply using wind energy."
Northern Power's president, Darren Jamison, agreed, stating: "Over the last several years, our wind experts have focused on developing large-scale, direct drive wind turbine generator and power converter systems to address the cost, utility interconnection and equipment implementation issues that are prominent in the multi-megawatt wind market today. We look forward to completing those development efforts and putting the fruits of those labors to work, helping to further the cause of technologically advanced, renewable wind energy solutions."
Up $0.32 today! pre merger. Still got the faith!
Nips on the perk!
Hurricane about to very probably enter the gulf. This stock goes up with hurricanes!!!!!
Time to buy at this level if your not already in.
IMHO!!!
Bought some today, averaged down from .04 to about .027. LETS ROLL!
GLTY and ALL
Arch, I feel your pain dude. I'll tell everyone, my cost basis is .04 . I don't have 5% of the company, but I have enough. If it goes to .005 I'll use that, I'll average down like a MF because I think this company has revenues and possibilities. I can wait because I don't have my whole portfolio in dangerous, speculative, penny stocks. It's diversified. I'm using proceeds from other trades to try and hit a penny thats going to bloom. I can't get killed here, but then again I could really bring in a win too. But thats just me, I told ya, I might me an idiot. Jury's still out on that one.
GLTA
Rocky, repeat after me, "buy LOW sell HIGH!"
Wow! Bad move! imho
Only someone who failed at MATH!
Penn, buying more bign also to average down my position. Have you been following sljb board? how you feeling about that one? It's hard to read all the posts over there, I've been reading a large portion of them but there is still alot of crap to wade through. The stock held up well today(yesterday!), which was pretty crummy on the broader market. just interested in your thoughts on this one.
Wow, just got in, early in the morning. 123 messages unread in bign board. I read every one of them. Good job futrcash, good job to EVERYONE asking questions and giving views, and GREAT job done resonding to those points. Still long and strong. After reading today I think it wise to buy at this point and average down your holding. BUT THATS JUST ME! I might be a complete idiot, so don't do what I do. Hell, I used to jump out of perfectly good airplanes just for fun when I was younger. So my judgement may be a little off. I will take SOME profits on strength, and buy more on weakness of a GOOD COMPANY, and that works for me. So somebody get ready to sell me some of your shares.
GLTA
News release RIGHT NOW would put some legs on this puppy.
Sit back, relax, have a cup of coffee, don't stress over WHEN news is coming. No point in guessing. ADD shares at this point. Upswing is on the way. IMHO of course.
Hello people, yes you have to take some occasional profits and trade around a core position on the way up. You can't hold everything forever. That's why JC says "Bulls and Bears make money, Pigs get slaughtered!"
NU$
Toolman,
Go back and read some past posts. This stock goes up and down like any other stock. There does appear to be some BIG gains possible in the future. Be wary of people that ONLY post negatively (click on there name and you can see all of the posts by that person.) Sometimes bashers have a point and sometimes they don't. Do your own research. This stock should make you money In My Humble Opinion.
noos,
If you wait until after good news is release it's too late, the price will rise before you can get in. It does'nt sound like you have much experience at investing (effectively) to me.
The boat!
I agree with arch on the point of "why mention a backup plan" thats not a good thing to mention. Sounds weak. But I've got to stay with it until news is released. Still think this company is good for the long term, considering I have a fairly large holding (nowhere as big as arches though) it's still about 5% of portfolio. I'm still able to take the pain.
So, I continue to be LONG AND STRONG. Thanks for your thoughts arch.
GLTY and ALL
Just got in on this one at $4.78. This one should do well, Oil is just going to get more expensive on average.
Now THATS some skin I could luv!
You don't have to SHOUT!
I think you can still short any time you want. Whether it's a bad idea or not. ?!?
If you have a margin account you can use your money right away. (Etrade)
Sorry I just realized about 5 others answered this already.
Absolutely!!!
Yeah, I'm a trader too. NOT an investor. Trade aroung a core position taking profit when I can. Bank account keeps getting bigger, I'll have Steak and Lobster for lunch today. They can call it what they want but I'm retireing early.
Alright, Just took in $16,000 profit from non penny land. Picking up another 100K shares of this. (still waiting to fill!)
You sure those are'nt those shares the company was printing up earlier. LOL. (read earlier posts if you don,t get humor attempt)
GLTY
We could make a lot of money, mabey be on TV.
Come on, you guys don't ALL have me on ignore do ya? I know I'm annoying, but not as much as that one guy. (notice how I did'nt say his name. You can insert name of choice.)
Startin to get a funny feeling in my gut. News on the way. Or I ate somethin' don't agree with me. No, wait, left nip just perked! I think it's news a comin'!!!
Should be about time.
I predict I will have a new house and cement pond by next year!
Make it so number one!
Starboy,
Your right, sorry I got sucked in to it. Just1 is a pro sh*t stirrer, and is on ignore starting now.
MR. Moderator, can we please do something about this latest hostile poster? I don't even have to say who it is, you know who it is. he/she can't disagree without personal attacks. Please help. If I were face to face with him I could happily teach him the meaning of "personal attack". But I can't do anything about a coward who talks big from across the country so I/WE need you to clean this up for us.
Just another,
Actually I wrote my post before I read all the other ones that sound so similar. It seems everyone else has about the same opinion of your shallow meaningless dribble. I don't think you even have any shares, you just like to make provocative posts. In the last 12 years I am up about 1.6 Mil. Although most of it is not from pennies, pretty new at that. How about you? How much have you made? Which stocks have you made money on? Come on tell tell us your picks. Convince us there is more to you than what we've seen so far. (Just read your next attack, and you mentioned little boys butts again, I think your a little sick with that constant unhealthy infatuation with childrens body parts.)
BLTY
hey just,
I support your right to an opinion, but why do you have to launch personal attacks all the time? Arch was in jail, got out and has not made NASTY personal attacks on any one since. He actually sounds very intelligent on many of his more invormative posts. I'm still waiting for an intelligent sounding post from you. This is supposed to be a stock info board, not a place for personal attacks cowardly launced from the safety of cyber space.
Disagree but don't call names.
Good luck to you.
Well said!