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Risicare

06/23/08 10:02 PM

#441 RE: bookert #440

Read the 10-Q just released on the 20th, gas prices don't mean much.
Many millions of shares are out as collateral at .40 each (that is what the company thinks the shares are worth i guess) They do not have enough money to bring a product out and will need more $. They have also cracked the 50 million dollar in the red point. Shares are going to start raining down soon methinks.
Considering the past half dozen businesses this company has been and it connections i would be highly suprised if they ever produce revenue at all.

stockpsychic

06/24/08 8:55 AM

#442 RE: bookert #440

I don't think you are looking at this from the right perspective. You must understand, the larger scope of the issue.

-Pollution concerns, which will be highlighted at this year's summer Olympics in Beijing. And should help countries, pressure non Kyoto countries (such as ours) into agreeing with the treaty.

-Do you realize that the past two major U.S. wars have been chiefly about concerns over oil and it's control? As we have had so much dependence on oil, we have to worry about the stability of a historically instable region, The Middle East, factions have been waring in these countries since it was Mesopotamia(sp?) With a new presidential regime coming in with a focus on CHANGE, these ever popular hybrid, and electric vehicles will begin to receive more gov't funding. When people begin to realize, we don't need to even worry about the Middle East, if we're driving a Hybrid Technology car; these companies will continue to grow. This is a basement opportunity.

On the short term (which is really what I trade anyhow)

-Gas prices are set to peak in August, any smart financial analyst will tell you that. It is the way it always happens. So you will have more and more bullishness on the alt energy sector as the summer continues.