posted
Also keep in mind, usually attracting customers is the most difficult task for a small business. They apparently have the demand. You can bet that is a huge advantage to them when they're looking to build/buy a plant.
Posts: 1053 | Registered: Mar 2006
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very good analysis, Baxt06. thanks. i know this one is a long term hold. i just cannot believe its falling day by day, cents by cents. well, i am going to pick up more tomorrow whenever my fund is settled in my account, and stick with it.
Posts: 221 | From: kentucky | Registered: Apr 2006
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posted
In all reality, this stock held up pretty nicely when all the others were tanking the past couple of weeks. We only lost a few cents. I think there is a pretty good base at this level.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Yeah, it's a bummer that people took profits so early on these last two PR's, but that's how it goes.
Posts: 1053 | Registered: Mar 2006
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whoo hoo..fertilizer product..This company will have to sell a bottle of this magic fertilizer fluid product to every person on earth?...wow!..a 20$ stock..i think.lol ;-)
-------------------- Goldorak
Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. Posts: 263 | From: tanzanie | Registered: Feb 2004
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Gold...thanks for stopping by. Do you think MSEP's "performance" brake fluid has a bigger market than electricity and fertilizer? Let's see, I've been driving for 11 years, and I've changed brake fluid....um, never...huh. Well, good luck with that. I'm sure when you go online and order that $8 bottle that you can't find in stores, their stock goes sky high. Ten cents by June 20th I'm sure.
Posts: 1053 | Registered: Mar 2006
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TMAN - for your sake, i hope it does. I just said I don't think it's going up 3000 percent in a month and he pops in here to rip WWEN. I'm not the guy... I just don't see the upside with MSEP, and I don't think Joe Million's plug every half hour is enough to make up for poor fundamentals. Not to say you can't make money on it...
posted
MSEP may have some legs. they are adding new products etc. .10 is highly doubtful but I am in the green with it so I cant complain. As far as wwen, I hope this stabilizes some. I keep thinking of syntroleum. I just hope wwen starts producing and I am still around to be happy I held. TMAN...
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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Yeah, I hope we all are. Seems to be enough good things going on for me to hold and see what happens. Good luck with MSEP too TMAN...may we all be debt free soon!
Posts: 1053 | Registered: Mar 2006
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Eh boys what you got going on here? Matto what do you see here?
I'm having a pretty good ride in EQBM but wouldn't mind throwing a little jelly roll in here. Looks like you guys been bit by the sell the news bug in this one. I've noticed the sell the news strategy is really kicking my stocks in the nuts lately. Almost hope news doesn't come out in anything I'm holding. Good luck all.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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posted
NEW YORK, May 22, 2006 (PRIMEZONE via COMTEX) -- W2 Energy Inc., a developer of green energy, is pleased to announce it has issued a letter of intent to TechnoJunk and GreyMatter of Christchurch, New Zealand to build a plant for an ongoing producing coal mine.
Mr. Michael McLaren states, "The project immediately gained my interest as it was an opportunity to show the real value of our technology." The plant would produce both diesel fuel and electricity to overcome a unique transportation problem with the material handling of the coal.
The project which will be at least a 10,000 bbp plant will be exceptional in that it will show our technologies capabilities to produce clean energy from coal in the cleanest place on earth. The 10,000 bbp plants produce approximately $US310M per year in product.
About W2 Energy Inc.
-------------------- Hurry up and wait. Posts: 293 | From: Southern California | Registered: Dec 2005
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Should be good, and we should continue to get news on this for the next several months. Hopefully we get a few more people to hold on to their shares this time.
Posts: 1053 | Registered: Mar 2006
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I needed to flip yesterday to get in at a lower price. I was holding some serious bags up there!
I feel much better now, and I am confident that this will prove to be a worthwhile investment in the future. I can't wait to see the company financials.
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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true, baxt06. doesnot seem to me the market took the news very well. I remember last time when one of the oil stocks posted some news about huge reserve, the market was boiling. look at this one. it is so quiet. well, on second thought, maybe that is also a good sign. slowly rising up. good luck everybody on this.
Posts: 221 | From: kentucky | Registered: Apr 2006
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I did a little bit of research this morning, and this latest bit of news is interesting.
New Zealand is highly dependent on foreign oil. As a matter of fact, they have to import about 85% of their oil from outside sources.
New Zealand contains a great deal of coal reserves, but the high price of oil matched with the impact on the environment is not desirable.
I guess what I'm saying is that it makes a lot of sense for WWEN to pilot their product here and it justifies Mr. McLaren's statement, "The project immediately gained my interest as it was an opportunity to show the real value of our technology."
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Looks like people expect instant gratification and get out when they don't get it. Good buy in point anyways...
Posts: 1053 | Registered: Mar 2006
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Without further news on production, this stock will still fall down. I am not going to buy more shares at this moment since it already generated enough red in my account. Just waiting for a stable level. I am not really sure what triggered its down with those PR news. But one thing I feel right now is its uncertainty. All those PR news are the letters of intent. Come on. I understand it took a lot of time to build a plant. But with those orders waiting on the sideline, the company should be much more anxious of plant construction, not just issuing an letter of intent and poting it to comfort the market. That might be the real cause, I guess. Or, the other reason is the market playing. Whatever it is, this is definitely not good.
Posts: 221 | From: kentucky | Registered: Apr 2006
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now the PPS dropped to 0.10. any one knew what happened over there? it dropped way fast. this one is trying to suck the money!
Posts: 221 | From: kentucky | Registered: Apr 2006
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Ouch, just got back from lunch. All of a sudden, my .18 buy yesterday doesn't look so good Posts: 807 | From: Upstate NY | Registered: Dec 2005
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Been looking at this one since the big run up. Almost bought in at .20 Thank God I waited ! Will seriously consider buying in when the knife finally hits the table at .??
Posts: 616 | From: Mid West | Registered: Mar 2006
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it is not a good time to buy in yet, at least I donot feel so. it dropped too fast, which could trigger panic selling later on.
Posts: 221 | From: kentucky | Registered: Apr 2006
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I think we may see an afternoon rally. There is no way this makes any sense. Does anyone have a list of the last 10-20 trades?
Posts: 807 | From: Upstate NY | Registered: Dec 2005
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iamfine - you have unrealistic expectations. The company is going to release a PR whenever something material happens. Signing a letter of intent to build a plant is material. Even with a bunch of business waiting for them when they're done, you can't just try EXTRA hard to build a plant and get it done.
Posts: 1053 | Registered: Mar 2006
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I'm going to stop taking lunches. Seems everytime I stop watching, I get a haircut! Posts: 807 | From: Upstate NY | Registered: Dec 2005
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