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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is engaged in the acquisition, development and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in Dominican Republic, a six MW run-of-river hydroelectric facility in Ecuador and a 10 MW solar plant in Panama. Through its subsidiary, Emerald Solar Energy SRL, it operates the Canoa I Solar Park located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers from the city of Leon. Its Vista Hermosa Solar Parks are located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. Through its subsidiary Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Comment by creaturecomphorton Dec 13, 2012 3:51pm
113 Views
Post# 20726847

RE: RE: RE: RE: RE: NR Clayton Valley

RE: RE: RE: RE: RE: NR Clayton Valley

That scenario just reflects one kind of seller (shorts) and makes the assumption the selling that is driving the price down is short selling.  We don't actually know if it is short sellers or not.  Could be tax loss selling or could be portfolio repositioning selling for a few of the many reasons that exist to sell. 

 

In technical analysis high volume associated with a down price is bearish.  The one exception to that is capitulation selling where volume will be extremely high due to longs finally thowing in the towel and selling.  The volume is not extremely high today, so I doubt we are seeing capitulation selling.  Anyway, that is longs selling, not due to short selling. 

 

By the way, you aren't recommending your own posts are you?

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