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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.

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Alterra Power > Dip in stock price

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Post by RDK241t on Jul 02, 2015 2:15pm

Dip in stock price

Can someone educate me on why the stock dropped instead of rising? I would think the good news regarding financing would cause a rally.

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Comment by SimplyRunRig on Jul 02, 2015 4:16pm

Maybe because there was already a rally before the news? And we're still pulling back from that (though hopefully done, cross fingers). Some people taking their profit from the run up to 44/45/46, and then scared traders selling because it wouldn't stay up there and fell a little.

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Comment by BoldForbes on Jul 04, 2015 6:38am

Perhaps the dip in price is due to the multiple news articles of a recession hitting Canada in the 1Q and 2Q 2015 in the past several days. This could have lead to blind selling without understanding the dynamics of this company. Fear of loss is a powerful emotion. This emotional stance can have you overlook the positives and improvements which are occuring. A positive I have seen is ...more

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Comment by veracruz on Jul 04, 2015 12:00pm

Bold ; that was a great read with my Saturday morning coffee.... thanks. Do you know if Georgia Powers shifting to solar has caused an increase in the number of jobs in the area?

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Comment by BoldForbes on Jul 04, 2015 6:17pm

Veracruz, Thanks for asking the quesiton about jobs in GA. I had some fund doing some basic research and reading today. I found a few items today to share: The Solar Foundation said 2,890 in November 2014, a 12.8% increase from the prior year. This isn't a lot, but it seems that from the report (I skimmed) that GA is well under potential and can continue to grow. ...more

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Comment by veracruz on Jul 05, 2015 11:42am

Nice! It seems like its positive all the time with job growth. Oil companies campaign against it citing job/investment loss, but after a transition I always here about the increase in jobs/investments. I read a report a little while back that dirty oil politicians with a vested interest in fossils will be totally gone in the next 5 to 10 years. There is a study going on right now in one of the U.S ...more

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Comment by veracruz on Jul 04, 2015 12:24pm

On June 8 2015 the Hawaiian Governor signed in to Law that the state would generate 100% of its electricity from renewables by 2045. (This makes them the 1st state to do this). On June 11 2015 Vermont got a little more aggressive stating they would reach 75% renewable generation by 2032 and 55% by 2017. That less than 2 years from now. It would be pretty hard to stop this movement now. There will ...more

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