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PeakOil is You

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Nacel Energy Corporation

Discussions about the economic and financial ramifications of PEAK OIL

Nacel Energy Corporation

Unread postby Scenius » Wed 09 Jul 2008, 14:10:47

[web]http://finance.google.com/finance?q=ncen&hl=en[/web]

NCEN

I had earlier bought some of this at around $3.25. It immediately started to plummet so I had to bail. I got out around $2.80.

When crude recently fell off, NCEN really dived hard and I managed to scoop up shares at only $1.30 yesterday.

Right after I bought, I heard T. Boone Pickens TV commercial talking about his "energy plan for America". Now, today so far NCEN is up to $2.20. And I've recouped all my losses. I'm into positive territory (at least for the time being). Thanks T-Bone!

Nacel has well-seasoned management. They are in the development phase so earnings are not a factor yet. All their projects are on time. The company should be a good takeover candidate in a year or two. The bet is that the takeover price would be around $10 or better.

It's an interesting, volatile stock. So, while you're waiting for their projects to ripen, you get to rock and roll.

[flash width=425 height=350]http://www.youtube.com/v/R2bOug1d20c&feature=user[/flash][/align][/flash]

T. Boone Pickens "energy plan for America"
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Re: Nacel Energy Corporation

Unread postby kokoda » Wed 09 Jul 2008, 17:09:50

The largest wind turbine farm in the world. I don't know if it will be enough to make any difference but at least it is a move in the right direction.
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