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Bullboard - Stock Discussion Forum Alterra Power MGMXD

Utilities Utilities - Independent Power Producers
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 > Is it the shorts
View:
Post by Newstock44 on Mar 06, 2017 2:43pm

Is it the shorts

Good time to buy not going to last long..is it being shorted? Volume still low..one day jump will happen cheers44
Comment by materialsgirl on Mar 07, 2017 8:37am
Newstock; You seem to be looking for conspiracy theories or ways to explain the share price by way of extraneous forces. My interpretation is different. Every weakness in the AXY share price can be explained by one simple fact. AXY management is incompetent on a grand scale and has proven it 365 days a year for 7 years AND investors mostly do not believe anything that they say anymore ...more  
Comment by Newstock44 on Mar 07, 2017 11:03am
Not sure why I would invest in a company I don't believe in. Material girl how many stocks do you own. You have no confidence that you had in the beginning of the year( read your old posts) I look at the financials of a company and truly believe that the numbers don't jive. Undervalue is sword that comes in my head and if you are just trying to get me to sell my shares cheap your talking ...more  
Comment by materialsgirl on Mar 09, 2017 10:01am
Re Trump; I see little to like about him except that he will jawbone the drug industry to slash prices dramatically. When I invested in AXY I had predicted that management would learn from mistakes.  It now seems that they have not.  At least, not so far. The share price seems to grossly understate the potential intrinsic value.  My only big concern is that they may have signed ...more  
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