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Bullboard - Stock Discussion Forum 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 Discussion

Alterra Power > veracruz
View:
Post by materialsgirl on Apr 11, 2015 4:30pm

veracruz

Excellent post you just did (the long one)

I would just say that all of us need to be careful not to get emotionally involved with any company.  Investing is pure business.

Ross Beatty is a fabulous fellow.  I agree completely.  His skill set was there in full force over 5 years or so as the share price fell from $2 to 29¢ an 85% drop.  He was smart back then and look how that has worked out so far.

I believe that he would happily sell all his shares in a minute.   The probers over the past few years were likely looking for shares in the 45¢ to 60¢ range and he would tell them just to get outa here of course.  They were just trying to be bottom feeders or opportunists

Ross is not in love with AXY exclusively.  He could easily take the money and place it elsewhere if the price offered for AXY was appealing to him.  That price would be a lot less than $4 but it would also be a lot more than C$1

mat
Comment by veracruz on Apr 11, 2015 6:29pm
Mat ; I tip my glass to you in friendly disagreement. I never get emotionally attached to a stock. I am emotionally attached to the environment and support its wellbeing. In the market I make most of my money in the M&A field and would make a killing if Ross sought out a RIGHT price. But, I know that he has told his family that he built Alterra for them and I know he has quoted that to ...more  
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