MISCOR Group Ltd. (fka MIGL)

[moneytalksbswalks]

I'm not concerned. Gendell now owns probably 70%+ of the company ( don't have #'s in front of me ) He controls the company now. I think the R/S is an attempt to get the stock price more attractive to Wall Street. The big boys don't like investing their funds $$$$$ into the penny stocks.


Gendell is a very, very smart individual. Do some DD on his portfolio and you will see he has made sound choices. He is always one step ahead of the next break out industry. Obviously with his investment in Miscor, Tower Tech and even Maxwell, he feels that the future is in the wind turbine industry.

To me what makes windmills such an appealing alternative energy source is that it has no adverse effects on other markets and the technology is here! Look what ethenol production does to the price of corn and the trickle down effect the price of corn has put on diary, meat etc...

The only thing I am waiting for is the filing with the SEC to see how many shares Gendell got for his $20m. If it is around the current PPS range I think this would be a good time to accumulate more. IMO

Like any stock this is a risk, but with who is involved and oil prices at $90+ a barrell something has to give soon.