Renewable energy tax incentives were renewed again to the end of 2016. The wind side of "green" doesn't need them; solar does. Wind right now is a solid 8 cents per kilowatt. It is a little more expensive than NG and a 1/3 more expensive than coal. Long term wind will be less expensive than fossil fuel.
When eastern Wyoming gears up for thousands of wind towers to service the California market, we will see a surge of volume for BWEN between 2017 to 2023. The new power grid line was being surveyed last year. I watched the helicopter working here in NW Colorado a mile below my house. It is a monster power transmission line that is to be built in 2016-17 from Wheatland, WY to the Hoover Dam to carry the "Wyoming Wind Tunnel" energy (WWT) to the California energy market. That monster field from Laramie to the Nebraska border will be developed over a decade. Within that system there will be an "air battery" storage system built in central eastern Utah along the cable route. They will water drill the underground salt deposits with multiple caverns, each the size of the Empire State Building, to store compressed air from wind power when the wind energy is not in enough demand. Then that stored air will drive turbines to meet peak demands in energy when the WWT can't keep up.
Now is the time to buy long term in BWEN if you can hold for 5 to 10 years. Good luck!
It is great to be an accomplished trader, but so many have lost their positions due to volatility and never reentered those positions and lost out on 1000% plus gains from time to time. Even traders have their value stocks that they are holding long term ( i.e. - OVER 5 YEARS!) But each person must determine what those value stocks are for themselves; and they may be wrong in the eyes of others, but time will be the proving ground.
BWEN should return at least a four bagger by the next long term trading top and be between $16 and $20 per share. Of course this all revolves around revenue. Right now the towers are going strong, with gears and weldments just treading water mostly caused from the collapse in mining and specifically the oil and gas industries grinding down.
The mix of the business when all cylinders are firing would be revenue of $400 million per year, with towers being half of that. If gross margins can be kept at 9 to 10% at a peak for all the business divisions, BWEN could reach $40 p/s range.
Wind towers over the next 10 years should be doing great with a demand that just keeps growing. If they ever ship towers internationally they will have then probably found their greatest potential in the tower side. The service side will be a slow steady climb.
We should be thankful for the computer programs seeking whom they may devour!
i never thought that BWEN would fall this low again. What a STEAL!
Certainly from here down, Buffet would be getting greedy!
I wish that people would stop using protective stops on their positions if they are truly investing. I understand traders using them. Stay out if you hate the volatility. Your sell-stops are awesome opportunities to those wanting cheap prices as computers go wild!
They never said once in the latest quarterly audio report that they bought back stock. They did say they got keel-hauled by the logistics of foreign parts supply.
BWEN is the largest producer by volume of monster 250+ foot towers in the U.S. They are a very small company. Their current gross margins are between 9 and 10%. Money will be made. That margin is double what it was in a little over a year. I sure hope the stock goes lower and stays low longer so they can actually buy back stock at the "lows" instead of the "highs" like most companies foolishly do.
When are you going to add to your position next BLOW? Speak the truth instead of blowing into the wind!
WE ARE PAIN FREAKS!!!!!....who understand the steady, monotonous, slow building of a multi-decade industrial company. It is no glamour show.
It is very, very painful. The low float of stock trading does not help. Falling recently under the $5 price also hurts, because so many investment companies are not allowed to own stock under $5. That creates forced selling ( of which I am convinced this latest drop is majorly caused by) and a small hedge fund can wreck havoc with BWEN's tiny float. One thing to note is there is currently no pressure from shorting the stock; another is that on the long term chart BWEN will probably exceed $16 per share. BWEN is a gift at $4. If it goes to $3, I hope I have a cash flow available to double the position. Long term BWEN (5+ years) will exceed $20 per share and probably will be bought by GE.