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Itron, Inc. Message Board

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  • mori_cnc_guy mori_cnc_guy Mar 9, 2011 6:49 PM Flag

    USA Today article re. smart meters

    I read the article. Thanks for sharing it.
    I'm guessing that if the utility industry can make their case that smart meters are net energy savers and thus some how good for the environment then the news media will leave them alone for the most part.
    Also, when you look at all of the messed up things happening in the world right now smart meters look like a pretty minor issue in the over all news perspective.

    Anyways, I like this industry and I've wanted to scale into ITRI for a long time. The price weakness over the past couple of days has given me a chance to start a new position.

    I think patience with this thing will be rewarded over time. It might be a bumpy ride though. It's all good. I'll add on weakness.

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    • weakness you got. i'm easing in also. sure dont like buying but cant resist. seems a new 52 likely .

      • 1 Reply to onlyjava4me
      • I'm with you Java.

        It's tough to buy into bad news but if a person see's decent earnigs for a stock like ITRI say 24 months or so out then I think it's fairly cheap at this level. The problem is if the overall market gets weaker ITRI will likely get cheaper yet.

        Over the years some of my best investments were the most uncomfortable ones to initiate.

        I may be a little early on this one but I like it. This thing was around $64 just a few weeks ago before they reported.

        Good luck.

 
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