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OldPro

08/20/08 6:42 AM

#138 RE: Alibi #137

AAERF has good...

website with lots of info: http://www.aaer.ca/page.asp?intNodeID=33724

my understanding is that they were not chosen for a large contract with Canadian government that they bid on - and price has steadily dropped since. They have stated that they weren't relying on that contract and continue to move forward on getting production started. They have sold a few turbines but haven't announced any large production contracts. That is what the stock really needs to take off and not look back, IMO. So you've hit the nail on the head - they need a good sized production contract to kick start it - my bet is that one is coming. Wind turbines are in short supply and the demand exceeds the supply with back orders building. Once production starts this fall, they should be able to sell as many as they can make - but no guarantees without the contract.