You obviously do not know that much about this company, and the people who run it. Blue Earth will likely be a double digit stock by year end. They have contracts pending for over a billion dollars. They have Bill Richardson on their board ( former governor of New New Mexico........these are smart people with a business plan for success. I do not understand the negativity flowing from the last comment. I am a Blue Earth investor, and confident that my investment will reap great rewards.
Bill Richardson? Are you kidding…He is less than totally useless. He makes John Kerry look like a genius. Why give him a seat on your board? The height of B.S. How would he assist with anything? It would be a plus to change the board's composition.
Lots of people betting "short" on this stock will be severely burned in the near future. Smarter, bigger money is starting to step in on the long side. You can see the large volume days are always "up" days for price appreciatiion. It does not take a wizard to see where this stock is heading over the next 6 months or so. By year's end, I will be shocked if Blue Earth is still trading under $4/share.
Trying to trade Blue Earth on technical at this stage is almost ludicrous. Plenty of other stocks to be a trader on. Either you believe in the long-term growth or not.
The stock price would skyrocket over the next year or so if there wasn't more dilution to come. To some extent it's necessary to grow the company, but it'll keep the stock price from shooting to the stars. As an investor, I'd encourage you to view the proxy materials for the upcoming annual meeting July 18th.