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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 > Patience Always Takes Longer Than You Want
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Post by BoldForbes on Feb 19, 2017 2:39pm

Patience Always Takes Longer Than You Want

This weekend I was reviewing a couple of stories which lead me to review a few charts / stock graphs.

One story was on NVIVDIA, NVDA.  I know it is a chip company and not renewable energy company, but the history sort of matches AXY; excitement, stock rises, then stock falls...a multi-year (max) of the chart looks like the stock goes nowhere for years; then in 18 months up 5x.

It reminds me of JDS Uniphase in the 1990s (perhaps I should not mention? if you know the long decline).  The stock went sideways for a decade, then straight up.

AXY has some parallels; excitement, then reality and a stock price settlement (stuck in the mud?).  Several years of sideways; now some upward momentum.  It looks like they are better positioned today than at any time in recent memory.  Building momentum, learning from prior mistakes.

As long as they can continue their pipeline (still waiting on the announcements), continue growth, continue dividend support and/or growth (waiting on annual shareholders meeting?), increase revenues and profitability (still on target from a year ago guidance, should beat)...yes a lot; they will get to the point when everything comes together and sparks...and then like the other stories a "quick" (ok, 18 months) of up.

A solution, if you believe this is a company coming to a catalystic moment; it is in the sideways years your build your position; then patiently wait.  This means don't risk more than you can afford (if you are checking the stock symbol more than once an hour or twice a day this might mean you are nervous about or over thinking your position; it is OK to be excited about your position :) ).

Bold Forbes
Comment by 4PCneanderthal on Feb 20, 2017 8:46am
Agreed!  I think AXY will show positive share price growth after the "EPS" shows positive.  Hopefully this Q.  If the pipeline stays full and the dividened has any growth, more positive,  As the anti-green energy people become believers (AXY making money) or die off (old narrow minded anti new thinking people), more positive.  I have license to talk of old people ...more  
Comment by materialsgirl on Feb 20, 2017 11:49am
4PCneanderthal; Your train of thought is quite reasonable and rational.  My perspective is that 95% of what you are saying is contingent on "after the" EPS" shows positive. I agree with your conclusion.  We just need to be alert that the company has faltered continuously over 25 Quarters. The raw historical numbers have been consistently bad.  And management is ...more  
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