SavWatt USA Inc (SAVW)

[Watson9]

SAVW has entered into a crowded market and is competing with some very big companies.
Not only are Philips, and GE expanding their product lines, Samsung and Acuity unveiled new lines of LED lamps at LightFair.

Plus there were dozens of Chinese firms including one who had a light pole with a solor panel and a wind turbine on top.

Home Depot and Lowes are already offering a wide range of LED lamps that are made in the USA, are of good quality and eligible for rebates from local utilities, including Con Edison.

I still believe the stock will rise in value (and am holding) as the company continues to grow, and as a result of new investors searching for the next “big thing” driving up the price.