Even the Okies are moving back to Oklahoma. Water doesn't come out of the tap in some cities, needs to be trucked in. This is no way to live. Desalination is the answer.
Water is the new gold :)
Finally rallied today nicely--just the start imho.
"CAL is going to come knocking on CWCO's door soon". They'll be forced to--Brown announced MANDATORY 25% water conservation today for ALL of California. How about CWCO sending some people to CAL to talk to Brown?
The Carlsbad desal plant will supply at least 10% of the water needs of San Diego County. So it is meaningful.
Who built the plant? I know Poseidon built a plant in Carlsbad, but Poseidon is private. CWCO should enter the Calif. market in partnership with water-starved local counties.
One in Orange County, one in L.A. County, one in Ventura County and one in San Luis Obispo County. CWCO rockets to $25. Gov. Brown today announced mandatory 25% water conservation statewide as the drought intensifies.
Actually Cramer on his show yesterday said a "substantial" market drop may be in the cards, based on Fibonacci analysis.
Just a normal correction of the upmove. $130 may be the worst of it (still more than $100 above lows when the bull marlet started).
Sybil, why is NFLX up strongly today?
When politics & coffee mix, I sell.
And tech will probably see a bounce in gold & silver on the dollar countertrend correction.