Monday, June 17, 2013 9:00:53 AM
As to that alleged sale to the physicians building... well we've already seen the LED part of that business be exposed as a load of hog wash.. sale made.. installation complete but no revenues. No reason to imagine that supposed turbine sale is going to have a different result.
The company owes us an explaination about the first quarter sale and installation that wasn't booked and everyone should be asking themselves the most important question of all. Why can't they sell those turbines? Awesome subsidies and tax breaks and yet no one's buying.. Kohl's hasn't reordered more turbines either. They've got more room on that roof for plenty more turbines. If they're doing the job... why aren't they putting more up there?
Bottom line the books don't support investing and the company lacks the transparency to earn anyone's trust. This is a stock that's great to trade but not to invest for the future in.
Speaking of trading.. It looks like there was some selling late Friday.. I'd look for it to continue today and this week as those big shareholders once again take money from the market and drive the stock back down. Of course, smart traders will also start taking their profits off stock they bought at $.02. This is one sweet stock to trade.. that's for sure. Easy money.
(there.. i said something nice about the stock)
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