and it is really nice. Yeah, not very powerful or fast, but very comfortable, practical, and rides well. I bought it as backup transportation that can be recharged off my solar panels, if gas becomes difficult to get. Kids love it, and I am trying to decide if I want to license it or not, probably will just so its legal. While not yet popular here, I could see these selling like crazy on college campuses, also in other countries like China, India, Taiwan, etc.. It appears to be a very useable product, its a shame the company hasn't done better. I have a low stink bid offer on this stock, just because it appears to be a good product if mgmt hasn't ruined the operations. This obviously concerns me as I read these boards, but shorts are always more vocal, and the chinese way of dealing with the press is to avoid them while working hard to let results speak for them, in a humble, honorable sort of way. Anybody else have one of their scooters?
Alright, im ready to get back in with energold.. I sold at close to $5 after the earlier post. Looks to me like it should dip down at least to the 200day @ 3.75 with a small pullback in the price of metals. I really think it will touch 3.50 but not willing to take that chance, so the order is in at 3.75. A nice run to 5.00 should follow. If and when this occurs, the chart will have carved out an ominous head and shoulders pattern. My fundmental analysis says just disregard it, and energold should enjoy the ride along with the price of metals.
here we are again, spitting distance from a nickel. When I originally posted this, it quickly moved up more than double. Will it again? 'Think positive.
Well it hit my target. it is now oversold. should see a nice bounce to $15. If the market gets really manic, it could pull it up to the 200day, just over $17. Intermediate term not so positive. Expect single digit price by Feb 2013 when obama gets sworn in again. Then longer term looks better with govt stimulus.
I'm with you. Bought shortly after the fukishima disaster. I have always liked the idea of Geo, after the initial investment and financing, its all gravy. Seems like the best, most reliable, most cost effective, least polluting, green energy available, with a virtually limitless supply. Glad to see progress being made by them. They certainly have the wind at their backs with high oil prices. Low natural gas has not helped them, but if the rumors of imminent bans on fracing are true, Nat gas will soar back to an average price. I think patience is the key with this one.
8-3-12 made the largest single purchase of the year so far 32K shares. Not much movement in price this summer. Sell in May is the mantra. Might buy Sept-Oct be in the cards? guess it depends on the order book and price of metals.
I think they are more worried about the precedent it would set and therefore future liability. Its just another example of the out of control legal system in this country. Common sense should rule but seems to find no place in lawsuits.
Seems like a growing market and useful products Why no love? 2nd qtr 2012 sales will be telling.
I am buying right here at .09 with orders to be filled @ .08 and .07 should it get that low. One of the most difficult things in this business is hiring good people and the cost of oil. The high unemployment level provides good opportunities for available help. I could see another easy double from here just going back to recent highs around .18.
Burns is always spot on. Look at every ghetto in this country. Sounds like they got it made, nobody works, basically full time vacation, govt funded credit card for food, as much free health care as they want-which is the most expensive in the world-inner-city hospital emergency rooms. By providing more benefits to this group it proliferates. Should have made it uncomfortable to live in this demographic to encourage people out. Now its too late and too dangerous to change it. Headed for major shift, and if you long for the old ideals you ain't seen nothing. The next generation won't even comprehend how good we had it. Kind of like now trying to imagine life without computers, or TV which my kids can't.
biggest difference between USA and Greece is size and timing. California is a better comparator. Closer to size of Greece, timing the same, already insolvent, and bankrupt. High percentage of economy is underground and little taxes paid, and of course similar climates and tourism dependency. The other 49 states could be looked at as the rest of the eurozone countries, trying to figure out how to cut cali loose so it doesn't drag the whole thing down.
Agree the 5yr, 2yr, 1yr and just about any time frame chart looks ugly. But the June swoon apparently came early this year-in may. eventually the fundamental diminishing supply should be reflected in the pricing. As for now a downtrending 50day and 200day are bearish. Just about all one could hope for a is counter trend rally back to resistance? Yep, so far a bum steer.
excellent synopsis of the last year. I would say they have consistently hit milestones for the few/several years that I have been following them. I actually applaude them for keeping their eyes on the business and not getting caught up in the "managing public relations game" That is a fools errand, you can never give them enough fixes, just like news junkies.
So you're a Hoosier huh? I grew up in Southern Indiana, got my undergrad at IU Bloomington. you?
but I want more info. Is this apples to apples comparison (pro forma) or do acquisitons and such distort and overstate actual results? If these are legit, you are on to something here.
You should post the reports on your website, not just the headline number, and to say they are available at Sedar.com is a cop out, may as well be hidden. Step up, get the word out.
And get the price all the way back to single digits? This current price really looks tempting if the order book is as strong as has been described. Most rigs are turning on gold projects. Gold price is still strong. Oil has come down a little which should help with costs. CEO says should do as much in revs by the 3rd quarter as they did all 4 quarters of 2011. Seems low risk right here, and poised to make the same pop it did a couple of months ago. time will tell.
I was very relieved to see insiders buying in the open market again. George Ireland bought 100K shares, thats a reasonable purchase and not just a token show of support.
It will be interesting to see what happens around this .39- .40 area. Very important level of support. Bounced here last time it was tested.