Alternative Energy InvestmentsRe "Musing: What else do you favor in the Canadian Alternate Energy area?" I can't really recommend anything. The best buy I see out there is RailPower and though I am invested in a couple of others that qualify as alternative energy investments, I think they are at best a hold.
I continue to really like Railpower. Setting aside from the assurances of IR, which I don't place much emphasis on, I really can't imagine that RailPower is suffering from a serious problem so shortly after a important institutional investors laid down $5.20/share after doing their due diligence, not to mention all those large number shares that were acquired north of $5.20 by both institutional and retail investors. Remember, commercial rollout is only about to begin and both the commercial orders and the grants have validated RailPower's technology. I'm confident, for all the reasons I posted the other day, that those who buy at these levels will be happy they did. Need I add that I've been wrong before and will no doubt be again. But I don't think so on this occassion - famous last words?