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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (38258)	6/11/2010 12:08:31 PM
From: Paul Senior	Read Replies (2) of 78750

OT. Madharry, re geothermal. Have no insights to offer. I have a full position in this one ("full" which I define here as: as much as I will bet on this penny stock), and I follow the sector through it: finance.yahoo.com I had believed that since there's a push by the gov't for renewable and therefore by electric utilities to acquire energy from renewable, that this company supplying energy to electric utilities from geothermal ought to be profitable. The company acquired sites, built a plant and got government funding, and they have contracts to sell their generated energy. And the plant is producing. More sites and more plants are planned. I had figured why build a plant if the energy to be produced and contracted for didn't pencil out to be profitable? My error apparently: So far, no bottom-line profits in sight, and the stock is a loser for me.

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