Catch the Wind Ltd V.CTW

Mistake?

[IqaluitZen]

Did I make a mistake investing in this company?  I bought at .85 when they announced the sale of their product.  Then, the SP crashed to .45

What have a missed when doing my research?  Why has this stock tanked?  And, is there any hope of it rebounding?

I thought this was a great  investment....I have been dead wrong and have obviously missed something.....This seemed like a really good product that would end up installed on all new and existing wind farms to increase the power they provide....Now I don't know.


Any thoughts would be great....I'm eating my shoe on this one....Thought I had a winner, turns out it's a wiener!!! :(

Thoughts?  Does this company have something?  Or are we toasted and need to move on?

[IqaluitZen]

I see tumbelweed.  I will be here alone waiting for the results from their 2 test partners with my fingers crossed.  I hope this technology proves out and wind farms start buying these up like crazy!!News release will be coming out in the next bit and hopefully it is good!!

[peakoiled]

Don't invest in companies that only have losses if you can't stand the share price going down. This is a total gamble. They could end up not making any more sales and could run out of money very soon (unless they raise more). But, if they can sell even 10% of what the projections are..this company will be worth a lot. I started buying at $2 and have added all the way down. I like when the

[IqaluitZen]

The reason I asked was because I got in 1 day after the announcement about the sale.  I had been watching this stock for awhile and pulled the trigger.  Then, the SP dropped to .45 and that was why I was so confused.  They make a big sale, and then the SP drops?I know they have some financial issues and they fired their CFO.  I'm guessing he dumped his shares which tanked

[peakoiled]

They might be saving any news for the next financial quarter release..which should be sometime this month I figure. I don't think the CFO had enough shares to match up with the number that were sold. It might have been one of the early underwriters that dumped.

[DUNKS]

its the cash burning... at this rate they will be out of cash, but they did sell a few of those units, so that will push them another quarter.. but then they will have to do a PP, that costs money, and a few warrants to boot.  expect a furthur drop in price cuz of the cash situation, and tax loss selling. next thing to figure out, is, DO THEY REALLY HAVE A PLANE??? uhhhhh ok....in any case