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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

Bullboard Posts
Post by tillbillyon Mar 08, 2012 2:45pm
310 Views
Post# 19645089

Large consolidation

Large consolidation

Ton of shares changed hands yesterday and today between 70 and 68 cents. Next break over 70 should get a lot of support at 70 cents.

I think this will re-trace back to a dollar within the next 1/4. The upslope on the chart is steeper than the down slope and all the pullbacks have been buying opportunities. It will be interesting to see the upcoming financials. I'm thinking, due to recent volume change, that holders have reason to be encouraged.

GLTA 

Bullboard Posts