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Bullboard - Stock Discussion Forum 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 Discussion

Alterra Power > 38 / 48 / 58
View:
Post by materialsgirl on Nov 10, 2015 1:37pm

38 / 48 / 58

In 3 hours we will get Q3 results.   This could lead to one of 3 share prices;

1  38¢  in the case of really bad news (unlikely)
2  48¢  same as now
3  58¢ in the case of really really (unexpected) good news

In the meantime, shareholders have to do nothing.  Just wait.

mat
Comment by materialsgirl on Nov 11, 2015 4:08pm
This is a reply to self; The results are in and we landed on option number two. The results, on balance, were moderately bad but there were 2 or 3 bright spots so we must be pleased that the share price hung in. There have now been 5 or 6 years (20 or 24 quarters) of explaining poor financial performance;  share price down 75% over 5 years is evidence of poor performance.  Management ...more  
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