Savvy Trades and Investments

[stevhoff]

Wade my take from reading the press(earnings) release is that those contracts will mean growing sales in 2025. Now they haven't been really hyping anything in their past earnings releases in my view, more matter of fact. I wonder if this last release they are trying to address some concerns they might have received from shareholders. They said the secured contracts were MULTI YEAR and would drive growth now and in the future. So I will take that as they keep growing through 2025. As this new area of growth takes over, their other business lines will be less relevant to the company's growth.
Then there is this
https://www.pjm.com/-/media/about-pjm/newsroom/2024-releases/20240730-pjm-capacity-auction-procures-sufficient-resources-to-meet-rto-reliability-requirement.ashx
I've been reading about this for a while now, this is just one example, and this is why I'm so bullish on PSIX's future. There is a growing shortage of electricity generation capacity for the USA and I think a lot of companies are looking to secure their own backup demand not just for when power lines go down but for when peak power prices go into affect. So even with the up and down of the oil biz, they will get steady growth from other areas.