Western Wind Energy Corp V.WND

Exciting

[Xtrykr0]

Well, my lower 1.70 order did not get filled yesterday, but they're still open (till end of next week). I'm surprised that WND has been holding up all week in the $1.80-$1.90 range. If it opens in that range next week, I might just accumulate a bit more in the $1.80s. GLTA!

[dsark]

I'm debating on snapping up another little chunk to add to the position at these levels.  WND has found really good support in the high 1.70s/low 1.80s.  The longer we stay here, the better.  Anyone else snapped up shares in this price range?

[alimomen]

I picked up some shares at 1.80 and have an order in for some at 1.70 that expires at the end of the month.  I think $1.70 is a long shot but you never know with this stock.

[dsark]

To me this looks like a good support growing the high 1.70s and 1.80s and I figured I want a lil' more... so I nibbled.  Not that this should matter because they are wrong sometimes but it helps, but American Bulls has a Buy If at 1.85... and if WND closes higher then 1.85 we have a Buy Confirmed.

[lunderk]

Yeah the support has shown up at and around 1.80.  It wasn't there early this morning and the buy side was non existant in pretrade.  I even had a pretrade sell position at 1.93 with anticipation of a early drop and buy back.  it was in position to go off at the open before others jumped in lower and it opened 1.87 or 1.88 I forget i wont chase its there or its not. 

[Xtrykr0]

Great stuff Lunderk. I really love the performance of this stock. That said, anyone have any stock ideas that may stem off the success of WND? I understand that WND is vertically integrated, however, are there other wind energy companies in the world that share similar goals and successes?

[dsark]

Well I know there are a few other junior wind companies that are trying to get wind farms going but none have gotten as far as Western Wind.1) SWX - Shear Wind, TSXV, 25 cents, 45M shares o/s2) SBX - Sea Breeze, TSXV, 22 cents, 78M shares o/s3) NKW - Niakun Wind Energy, TSXV, 55 cents, 40M shares o/sI don't think any of these companies have revenue producing properties though.  Just

[mapmaker]

a fellow investor on here told me about ROR. they got a hydroelectric project and selling power to bc hydro.Its interesting but i like alternative energy in the states. We got enough power up here and its expensive to ship electricity.

[dsark]

I checked out Run of River Power (ROR) and from what I can tell is this:Total MW: 740.6MWHydroelectric & Biomass playOperational project(s): Brandywine - 7.6MWSigned a 20 year PPA with BC Hydro in 200583M shares o/s fully diluted9-11% of the company is owned by the CEOWhat else am I missing?

[mapmaker]

I said it wasnt wind power, but i lump all renewable energy together as they are all looked at the same.they do have income coming in and they do have an long term agreement signed with BC Hydro.I think they are overvalued now but may jump in if a big dip happens.

[Windwreck]

"That said, anyone have any stock ideas that may stem off the success of WND?"One word: Execution. Doubts about the ability of the company to actually put up a single wind turbine itself (rather than purchasing an existing wind farm, which was still a good move), something which it has yet to accomplish.  Go on their website, read the news release going back five years, it's

[j_mart]

This post has been removed in accordance with Community Policy

[dsark]

As the CEO Jeff C. said in an interview these projects take time.  Putting together a project with a price tag of ~250M dollars cannot be done in 3 months.  Don't forget ALL financing dried up over the past year & a half due to the financial crisis.  Patience is a virtue my friend.  According to recent reports/interviews, financing is going to be closing soon (I believe

[Xtrykr0]

Thanks for putting the current situation in perspective Windwreck, much appreciated. Regardless of whether the Windstar project materializes or not, I am confident that there is currently great value in the current stock price. We may have to patient for the next move up, but I don't see much downside to the current stock price as it is currently valued at about what they are producing today

[Vooo]

If you have  portfolio for clean power call companies you have to include Orca Power (owner of North Coast Wind Energy) is cheap cheapo. Naikun ( maybe a bit of a price), Plutonic (is affordable) and West Wind.

[dsark]

I never heard of Orca but will look into them.As for Naikun... that company is still on a hope and a prayer.  They have their massive 300+ MW project which they pitched to BC Hydro (at least I think its BC Hydro) and are still awaiting approval.  Then they gotta do whatever dirty work remains and get financing... hope and a prayer... lots of work to do there yet.  Good

[tkelly]

Cleanfield (AIR-tsxv) is another on the move.  I love these wind companies.tk

[whoisit]

Thanks tkelly. I am trying to put together a basket of stocks that are involved in renewable energy. I am looking for companies with operating assets as well as those that stand to benefit big from potential new power purchase agreements. Western Wind, Plutonic, Naikun, Orca Power (ownes North Coast Wind Energy) fit the profile. I will look at Cleanfield too. Any others???Thanks.