WorldWater & Power Achieves Record Revenue for Quarter and Gives Guidance for Fourth Quarter
Business Wire "US Press Releases "
PENNINGTON, N.J.--(BUSINESS WIRE)--
WorldWater & Power Corp. (OTC BB:WWAT.OB), developer and marketer of proprietary high-horsepower solar systems, today announced preliminary results for the third quarter ended September 30, 2006 and provided guidance for the remainder of 2006 and for 2007. Revenue for the third quarter, a record, will be in the range of $5.8 - $6.1 million, and gross margins will also be at record highs. In addition, the company announced that it is making substantial progress toward completion in the fourth quarter of its largest installment to date, the $7.8 million Farm ACW avocado ranch in California. WorldWater & Power expects that revenue in the fourth quarter will be between $8.5 and $9.2 million, with additional improvement in gross profits.
"We are very pleased to announce that, as expected, we will post our best quarter in the company's history when we report full financial results in mid-November," said Quentin T. Kelly, Chairman of WorldWater & Power Corp. "We are on course for continued improvement during the fourth quarter and have basis to project significantly stronger growth in 2007. We also expect to close the Entech acquisition by the end of 2006 and are currently submitting joint bids on projects as large as 50 Megawatts in size. In addition, geopolitical events continue to provide tremendous growth opportunities for the solar industry."
About WorldWater & Power Corp:
WorldWater & Power Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Power Corp., visit the website at www.worldwater.com.
Forward Looking Statement:
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB and its quarterly reports on Form 10-QSB both as filed with the Securities and Exchange Commission, which include the Company's cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in the Company's filings with the Securities and Exchange Commission.
Source: WorldWater & Power Corp.
Posted by superman7 on :
looks great...love the chart, news, and volume that is coming on now...this is at a 52week low and this news should mean that it should be near the high, the company is doing great!
i am in at .15
Thanks for the heads up
Posted by superman7 on :
.155(1) by .16(3)
Posted by hedfe on :
didn't even notice the news just saw the chart i guess the news just had good timing Posted by superman7 on :
goodjob hedfe!!!
yeah sometimes from just watching level 2 u can know when something is up!
good job
.16(4) by .165(3)
Posted by Squire38 on :
Sweet find.
Posted by HossTrader on :
Seeing some movement today
Posted by superman7 on :
.165(2) by .17(4)
Posted by Squire38 on :
If the volume keeps cruising this one is a bigger winner the next week or two. The last couple of time this got over 5 million trades it was a rocket. Sorry to pump, but exciting since volume is approaching 3 million.
Posted by djg7 on :
I'm in at .16.
Posted by superman7 on :
.17(2) by .175(3)
alot of chatter about this one on other message boards
a break of .20 and we should be off to the races!
very undervalued here
Posted by cpeed on :
Dang, I would have liked to get in this one a little lower but I was in school. hopefully a little pullback so I can jump in. The news is a bonus for me, I would buy solely on the chart
Posted by Squire38 on :
Man I was going to just day-trade this, but DD I'm doing now is looking tooooooo good.
Thanks hedfe!
Posted by rzande1 on :
So when do you think we should jump out of it? Does anyone think waiting till the 52 week high would be good or just be more modest?
Posted by ullnvrknw on :
cha ching!!!! .26 coming
Posted by Prdponce on :
got in .148 with the news
doing good
Posted by superman7 on :
.175(1) by .18(4)
Posted by Squire38 on :
quote:Originally posted by rzande1: So when do you think we should jump out of it? Does anyone think waiting till the 52 week high would be good or just be more modest?
Look at the chart. It seems everytime this runs, it does so for a few day, at the very least.
Right now my exit is between 0.275 and 0.375 for only half my shares.
Posted by Prdponce on :
enough for me .... will wait for the pull back
Posted by superman7 on :
just broke the trend line at .18...means the trend is changing to uptrend now
Posted by hedfe on :
macd is kind of bearish I would probably do a quick daytrade don't hold it for more than a couple days
Posted by Squire38 on :
I'll sell half at my exit and let the other half ride till the financials are released.
Posted by Squire38 on :
Anyone have an EOD prediction?
The news was released during lunch...
Posted by ullnvrknw on :
.228
Posted by superman7 on :
new HOD
.185(1) by .19(2)
Posted by superman7 on :
.19(1) by .195(1)
here comes .20
Posted by rzande1 on :
Come on .48
Posted by Squire38 on :
quote:Originally posted by ullnvrknw: .228
I'm going to go with 0.225, with a gap up tomorrow.
Posted by HossTrader on :
minor dip, but no one seems to be selling
Posted by HossTrader on :
pushing on .2 again
Posted by djg7 on :
.19 x .199 WWATs happening!
Posted by HossTrader on :
ask just jumped to .2 looks like a good afternoon
Posted by superman7 on :
here is .20
.199(1) by .20(6)
Posted by HossTrader on :
LOL That $37 trade brought it back down briefly. Trying to shake
Posted by djg7 on :
It would be nice to see the bid uptick.
Posted by HossTrader on :
Just a little more volume and we should break through
Posted by superman7 on :
.195(2) BY .20(5)
Posted by djg7 on :
.20 seems to be the wall. If we break through it could be a good EOD. IMO
Posted by rzande1 on :
*gets out the sledge hammer* PLEASE BREAK THROUGH!!!!
Posted by HossTrader on :
LOL Would someone please give this a kick in the ass before the market closes!!
Posted by HossTrader on :
Dayum, ask and ye shall receive! lol back at the HOD
Posted by rzande1 on :
is anyone else tempted to just sell now?
Posted by HossTrader on :
always LOL
Posted by HossTrader on :
If it is driving you too crazy, take some off of the table. Lock in some green, and leave some for more
Posted by rzande1 on :
Well if you would guess. Would you say it is going up more tomorrow or just going to crap out?
Posted by Squire38 on :
quote:Originally posted by rzande1: is anyone else tempted to just sell now?
Why? Gapper tomorrow. This usually runs for days. Why not watch it rise, and sell end of the week, or early next week?
Posted by djg7 on :
.21 x .22. 1 MM on .22. Yes this will be a gapper tomorrow. IMO
Posted by rzande1 on :
LOL i put a sell order in with 30 seconds to go in the market. at .21. It went through exactly at the bell lol.
Posted by HossTrader on :
I don't make predictions about price LOL I just try to watch how it is moving. Closing up in the last minute is a good sign.
Posted by rzande1 on :
Sorry I like the risk but also since my account is small I like to cut out sooner.
Posted by Squire38 on :
quote:Originally posted by rzande1: LOL i put a sell order in with 30 seconds to go in the market. at .21. It went through exactly at the bell lol.
Awesome, enjoy your profit. I have my sell point in the 30s for half my shares.
Posted by Squire38 on :
quote:Originally posted by rzande1: Sorry I like the risk but also since my account is small I like to cut out sooner.
Never apologize for profit. You stuck to your plan, I hope. Any profit is good profit. Just a side note, when it runs and closes at the HOD, it is usually a gapper for the next day.
Posted by rzande1 on :
So when all of you guys and girls started, how much did you start your account with and when did you start? I am just out of college and started with a pathetic 500.
Posted by Squire38 on :
quote:Originally posted by rzande1: So when all of you guys and girls started, how much did you start your account with and when did you start? I am just out of college and started with a pathetic 500.
$500 also, January this year. But I paper traded for about 6 month prior to playing with real money, so I could develope a system that worked for me.
Posted by rzande1 on :
See my paper trading was in college when we had this stock market game. I currently still hold the record for return. 16,000.00 percent gain in 3 months.
Posted by 10of13 on :
This was sweet today!
Posted by Squire38 on :
quote:Originally posted by rzande1: See my paper trading was in college when we had this stock market game. I currently still hold the record for return. 16,000.00 percent gain in 3 months.
You should do fine then. I personally love the morning gappers. This one will do well for a few days.
Posted by superman7 on :
wonderful close!!
again HEDFE great call
looks awsome for tommorow
Posted by rzande1 on :
I actually hope that the stock lowers a little in the morning and then I can buy back in. LOL
Posted by skip on :
what!!!! okay!!! yeayaahhh!!!
sorry, had to, been thinking that all day...
Posted by rzande1 on :
lol hey I cannot complain. I made 20 percent today. That is even after capital gains and trading expenses. Plays the money money money song.
Posted by onemorehit on :
I would love to get into something, but dang etrade still has my funds on hold! Emailed them a nasty note today and still no funds, since 10/3. AAAAAAAAAAAhhhhhhhhhhhhhhhh!!!!!!
Posted by HossTrader on :
quote:Originally posted by rzande1: Sorry I like the risk but also since my account is small I like to cut out sooner.
Hey it is never a mistake to take a profit!! If anyone gives you a hard time about it ignore them! The goal is to make money, and if you have made some then you succeeded. It is really easy to look at a stock after the fact and say how much you could have made, it is hard to know when to bail. If you get uncomfortable, sell. There will always be another runner.
Posted by Squire38 on :
quote:Originally posted by HossTrader: If you get uncomfortable, sell. There will always be another runner.
Amen!
Posted by djg7 on :
Let's see if we have a gapper this AM. Should be very interesting if this can the yesterday's momentum.
Posted by Squire38 on :
My L2 does not work at work, but it looks like a gapper according to the B/A. 0.22 x 0.229
Posted by djg7 on :
Bid 3 x .23 2x .225
Ask 1 x .232 1 x .233 2 x .235
Posted by Squire38 on :
Definately a gapper. Posted by ullnvrknw on :
Getting ready to take off again!!!!!!!!!!!
Posted by coalkickin on :
I hope...boring one to own thus far
Posted by ullnvrknw on :
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