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Re: Nagrand post# 36911

Tuesday, 10/05/2010 9:39:28 PM

Tuesday, October 05, 2010 9:39:28 PM

Post# of 55136
it did say alternative energy remained neutral. the rest refers to this:

Alternative energy sales were significantly better in the second quarter but still
disappointing, the company has not been able to take advantage of and fund
certain projects. The Company has bid a significant number of larger projects
where we are expecting success, but the cycle time to a sale takes a long time. The
Company is focusing its energy and resources on investing in and developing
certain proprietary products for the wind turbine business which the Company
expects to announce soon.


so to dissect, prior said 1q solar was poor but he expected it to get better. this says it did but not as good as he wanted it to.

he said the new shares were to help raise money to grow the business. this speaks to not having the funds to take advantage of opportunities the way he would have liked.

it also says there are more projects being worked on expected to yield good results but taking time, that happens.

we will hear about a wind project soon.

so to sum up, as the economy turns so is business.

My charts are my own. Any numbers or timing are based on my interpretations of what I consider to be the most likely price movement. My interpretations can be can be wrong, it is always best to do your own charting.
Anything else I post is purely opinion