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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Comment by veracruzon Mar 29, 2015 1:02pm
96 Views
Post# 23574455

RE:RE:Patience will reward?

RE:RE:Patience will reward?I would recommend not equating stock price and the value of a company. They are so different. This company gets so many people selling out of boredom/frustration or when they don’t have enough cheddar to tuck this one away and play the others. This stock has lulled us into an immobile state. Many investors won’t pay .34/.35 because they feel they can get it at .32ish. Many won’t sell on the uptick because they know it could easily pop to .48. And so many have bought it because it is easy to take a large position in Alterra, that when dividends start… great cash flow / no time consumption occurs. My investing style is to keep a pool of dividend stocks, swing trade a few, and to seek out M&A targets. I have done well in M/A especially with my latest Allana Potash. There are others past and present but my latest Allana is giving me a great return to reinvest. I already have a large position in AXY but would like more. At .35 I see them still undervalued but will not pay that. I know people grow tired of them being immobile in SP and will give me a bargain. If I’m wrong I still win. I also have seen on many occasions on our uptick that a few small trades walk it back down….Makes me go hhmmm. This company will be entering positive earnings at the same time that world powers convene on global warming. When these two streams merge, and flow together in 2016, and growth projects become more tangible, I still won’t be able to see stock price and the value of the company equating, I will see stock price being the larger of the two at this time. Because one more tangible is about to come online. Huge energy companies roam around and stick one toe into the water (renewables) wondering if they should jump in. These companies are very tight with governments, and as governments turn towards renewables more and more of these large energy companies will jump into the waters. Some already have to a lesser degree. Actually, one more thing is about to occur, there is a large group of bigger investors who will not invest unless positive earnings are plugged into their formulas, AXY could hit their watchlists in 2016.
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