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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 > Key data

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Post by materialsgirl on Aug 04, 2016 4:54pm

Key data

A $10,000 AXY investment done 7 years ago has grown back up to $3,000
now. A 3 bagger from here within another 7 years would get us back
to zero gain over 14 years.

Will this happen?

https://www.stockhouse.com/companies/history?symbol=t.axy

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Comment by Newstock44 on Aug 04, 2016 8:03pm

Negative, if you bought at1.80 why didn't you buy at .30 and be even today... I am up over 70 percent, and bought at 30,32,34 40 and average at 37.64705882352 . Need to know how much do you even own materialsgirl really..cheers

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Comment by materialsgirl on Aug 05, 2016 1:48pm

Newstock; I did not buy at $1.80 but at about 50% of that price. In all cases where share prices collapses, such as all gold companies and most silver companies and later the price rises up again we can all see what we should have done. This is only with the benefit of hindsight. With Yamana you should have averaged down when it dropped 90% and with IMG you should have averaged when it ...more

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Comment by Newstock44 on Aug 05, 2016 3:27pm

Agreed, but I learned from my past mistakes if I really knew that the company would be around, I doubled down , tripled down, and ended up breaking even. Had SilverWheaton River at under 3 dollars and saw it almost hit 50 but then waited too long and eventually sold at 20.. Now see what it is at. Easier to see after the fact totally agree. Love the chart boldforbes.cheers :-)

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Alterra Power