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Catch the Wind Ltd V.CTW



TSXV:CTW - Post by User

Comment by boomboom2on May 27, 2012 4:24pm
307 Views
Post# 19950841

RE: RE: RE: RE: gapping up tomorrow

RE: RE: RE: RE: gapping up tomorrow

Undervalued TSX Venture Technology Companies up on Strong Buying

May 27, 2012 - Toronto, ON - TSX News reports that Catch the Wind Ltd. (TSXV:CTW), providers of laser-based wind sensor products and technology, moved up 25% to 12.5 cents on Friday led by buying from fund manager Fraser Mackenzie. The Medipattern Corporation (TSXV: MKI) also increased on above average volume, finishing up 13% to 29.5 cents. The TSX News buy recommendation on MKI on January 25 at
.17
is up 74% despite the TSX Venture performing poorly during this time.

CTW has moved strongly upwards on high volume after they released their Q1 results on Wednesday and held their conference call outlining the positive developments for the company. They continue to collect data from the currently in-use Vindicator devices in order to gain more solid evidence of their efficacy for increased wind generation. The company hinted that BP Wind may be ready to order a huge number of Vindicators for some of their older model turbines. Should a large order take place, that would be enough ammunition to send the stock price to multiples of its current level.

TSX News would like to remind readers that despite the TSX Venture having fallen quite heavily to multi-year lows in 2012, the four Venture picks from TSX News are as follows:

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