This Lashawn guy is pumping his website all over the place. "Lashawn's Dickholes & #$%$."
Obviously Lashawn wants people to sell.
Perhaps the price will fall precipitously, and everyone will make loads of money.
Poor management because of "loose" PUC filings? "Loose" is a wasted word the way you've written it.
The worst part of this mngt team is that IDA got the short stick on both GW and BH. But look who they're dealing with, Berkshire and the BPA.
And if improving the Company's public image is poor mngt, then death to all. This company's greatest cash cost has been pension funding and BH. Both have actual and identifiable rewards that are, by law, realized each year. Mr. Anderson is legit. The Board is generous, too, and the divs come from retained earnings, unlike other utilities who are borrowing and issuing equity to pay divs.
Hey, nah, man, I'm not a trader.
Maybe examine your brokerage fees and commissions from last year. Doing so may reveal something, primarily the cost of your lack of discipline.
You can change anything you want about yourself.
Hey. Yeah. Hmm...
I don't lose money. I have in the past. It hurts, and it's embarrassing. I've corrected that problem.
As far as RCON, it's selling at a low price for what it is. If you buy low enough, your money is pretty safe.
I certainly wouldn't buy a car. I certainly wouldn't trade my shares for a car.
Also, I'm not hating on Google. Nor am I seeking cash payouts, like dividends.
However, look at Walmart or Wells Fargo, companies that make cash and have very low development costs. Banking is certainly competitive and risky, but WFC, for example, doesn't need to blow all its cash each month just to stay alive.
Google Inc. is a fantastic company run by genuinely bold and curious entrepreneurs.
The company's price is too expensive.
The costs to maintain growth are enormous. I question the company's stated free cash flow. I would almost reckon that Google has little to zero cash available besides that which it receives from "Search," which appropriately serves as an annuity of sorts. However, unlike an annuity, the company must spend excess amounts of money to constantly refresh old products, as well as to procure new products... all in order to maintain advertising turf. The cow makes cash, but the calf gets it all.
Buy Chevron instead. They're well positioned to receive gub subs for gt research and production. CVX used to own some of HTM's assets. CVX can easily buy them back, but Chevron already produces mad amounts of gt energy.
GT business is way too cap intensive for a 50 million dollar company.
But more power to you, Mr. Glaspey. I wish you well.
What I mean is, say you make money some time this year, whenever it gets to whatever price, four dollars per share, for instance. What are you planning to do with the money?
I've no idea. Hold what you've got. You'll be fine.
Or buy into a S&P index fund and hold for 20 years. Reinvest your divs. Beware of ETFs.
ETFs, you own shares of the fund.
Mutual fund implies mutual ownership of shares held by the fund.
And speculative, the chart looks ridiculous. Cup and saucer, bowl, double bottom handle, mcad divergence, following the bb. And ema crosses. Looks great. Definitely three something per share before too long.
But charts are gay.
First off, in response to what I wrote earlier about being a "fool not to buy," means that if you question buying RCON, today's prices are appropriate.
As far as what I see, well I mentioned in original post that the company could sell for $25 million today. You can do the arithmetic.
Long term, i.e.:, in ten years? Dude, man, a little research and contemplation helps. Considering the industry, the market, and the protectionism of the PRC, $64million by 2016. Not including secondary offerings or increases in deb.
This year, however, considering that we're in a bull market, and assuming management does not get drunk, $25 million, maybe 40million. But I don't do time tables. But also, I mean, the Chinese are giving you the time tables. They're serious when they say 2015. And they don't care WHAT you say.
The US shale gas boom is solely a model for the Chinese. The US oil companies are hired to instruct the Chinese on how to extract the reserves. And the small and medium sized companies (sme) in China get to learn, too, so that the sme can step into their prescribed rolls of faciliting exploration and production in geology specific to the Chinese mainland. This is no joke.
Don't get me wrong. I am looking every day for a reason not to own shares in Recon. I have faith in Mr. Yin, and I have faith in Mr. Chen, and Director Liao.
I don't care for their options based compensation.
Okay, man. Ciao.
Some people bought when the shares traded at forty-five cents, a number of whom sold the shares and a number held the shares. That was a year and a half ago. Sellers were scared the company was a fake, or they were too lazy to be patient, because they were most certainly too lazy to have conducted any research.
Fast forward to now, including last fall and this January, especially this January.
What's happening now and what I portend happening for the near term, including the entirety of 2013, excluding extreme daily rises or falls due to company results or stock and bond market calamities, is that the older guys with some extra, albeit relatively small individual amounts cash to spend, and who like to trade every now and then away from they're retirements and commendingly respectful familial obligations, are going to buy shares in Recon. One guy will drop a grand or three grand or ten grand, because, well, he can afford it, and the risk is relatively low. I mean, RCON is trading at a considerable discount. The discounted price may continue if revenues continue to grow. So if the company is worth 25million today based on assets including contracts and subsidies, and contracts and subsidies increase as the Chinese improve the PRC's mainland output, and RCON's management does not become too intoxicated by RCON's and the industry's growth, then RCON's share price will rise respectively. So, what will happen as a result of the careful boldness of the older guys in the near term is that the $3000 to $10000 purchases will effectively rally the share price. It's just going to happen.
The stock market is beautiful like that.
Then, the next phase in the company's life as a public company ensues, and who knows what will happen. You're a fool if you don't buy and hold at today's levels.
I mean, honestly, all these idiot short-termer kid-speculators on this yahoo forum are so stupid that they will sell you their shares to turn five hundred dollars into a thousand, even though the company's share price is well below net current assets value, to say nothing of book value or any other valuation an investor may have formed.
A "big" utility won't buy because HTM is a holding company, and the vitality of holding companies like US Geothermal depends on management. So PacificCorp or PG&E or one of the regional players like Idacorp, Avistacorp, and Portland GE have no interest in the risk of owning HTM outright.
What you would see is what you have seen. One, a utility company purchases the energy from US Geothermal. Or, two, a company partners with US Geothermal on a specific project.
If anyone would buy HTM outright, it would be Chevron.
And Wells Fargo would also be involved somehow. Chevron produdes more geothermal energy across the globe than anyone. John Stumpf, the CEO of Wells Fargo sits on Chevron's board.
The question is, why speculate over a takeover? If you like the company and respect the management, and if you are right, then you'll want the share price to fall. Because you will make money in the long run. Just be sure of the business. Absolutely sure.