TopD this is getting more mysterious by the moment. Falling letters it's coming, it's here, what's next? We're having some problems in manufacturing?.... SWEB Update Captain O. I need one I've been afraid to look it up since I put 4,000 in the wife's IRA... sounds like it's doing well though. What's this Zappo? like Zip. or Zap. or ZIXI (lost money there already) You'll notice there was no Barron's Game this week my subscription is officially done. So I'm hoping a few ideas will come from this " longshot " thread. New Dr Frost stock- EXEG???? Dr. Frost made it official last week, He is merging two privately held companies to the EXEG shell. Acuity Pharmaceuticals and Froptix Corporation will merge with EXEG and the new company will be named Opko Corporation. From here they intend to apply for listing on the AMEX. Acuity and Froptix have products that treat Age Related Macular Degeneration that are in stage II trials. This will be Dr. Frost's company to run, since he will be both chairman of the board and CEO. > ~ stoney....
ZROS spilling the beans this morning. BH trading @ .90. Hope you're on board Stoney cuz here we go again.
I hate the word pump. It insinuates that the pumper has so many shares he or she may benefit directly from the recommendation OR that the stock is so illiquid it's gonna move a lot on a small purchase. Neither of those apply to SWEB happily~ Your PT by the way Captain O aligns almost perfectly with a spec assessment of the company done by a small research house that I got my clammy hands upon for two seconds before misplacing it amongst my sloppy research papers. As I remember there's was $1.65. My own valuation on the co on a takeout is closer to $4 but I am a relentless dreamer. Thanks for the update! ~ stoney
Topdown, now there is a website up and under construction for Typhoon Media. www.Typhoonentertainment.com
FOR YESTERDAY RELEASE* re WWAT!!!!!!!!!!!!! 2.7 Million Baby! BUY! Rev 8 X 2005! Doubling production in 07' ! WorldWater & Power Announces Fourth Quarter and Full Year Results BusinessWire - April 02, 2007 7:58 PM ET Related Quotes Symbol Last Chg WWAT Trade 0.615 0.00 Real time quote. WorldWater & Power Corp. (OTC BB:WWAT.OB), developer and marketer of proprietary high-horsepower solar systems, today announced results for the fourth quarter and full year ended December 31, 2006. Revenue for the fourth quarter was a record $7.1 million, with gross profit of $0.9 million while, for the year, WorldWater reported revenue of $17.3 million, with gross profit of $2.7 million. "We are extremely pleased to announce, as expected, our best revenue year in the Company's history," said Quentin T. Kelly, Chairman of WorldWater & Power Corp. "We set out to transform WorldWater & Power in 2006 and accomplished just that - with revenue nearly eight times what it was in 2005, as we executed to plan and completed such major installations as the $7.8 million Farm ACW avocado ranch. Not only did we significantly grow the Company and improve gross margins, but we entered into a strategic partnership with EMCORE, raised capital, and added seasoned talent to our executive staff. We have positioned the Company for continued expansion in 2007 and are off to a great start. In total, we installed 2.4 megawatts in 2006 versus 275 kilowatts in 2005, and we expect to at least double our production during 2007 to approximately 5 megawatts of electricity. "WorldWater is actively bidding on a number of complex, multi-megawatt projects and recently won a $5.7 solar project with Bayshore Recycling, a 700 kilowatt system. We expect to announce additional large projects in the near future, some of which will leverage our expanding relationship with ENTECH. In that regard, we are continuing to finalize our merger discussions and anticipate providing further details in the near future. While this opportunity has always been considered strategically important for WorldWater & Power, we have diligently worked to construct a transaction that brings maximum value to our shareholders." Mr. Kelly concluded, "I am excited by the growth prospects this year and stand behind the previously-announced goal of $30-$35 million in revenue, with profitability expected as production ramps up in the second half. The first quarter will be seasonally down from the fourth quarter, but the year continues to look strong. We have a record number of outstanding proposals and are taking the appropriate steps to fund our aggressive expansion. WorldWater & Power is clearly positioned for rapid growth this year - with the technology, talent, and partners in place to take advantage of the increasing demand for large, integrated solar power systems that can save energy and pave the way for a cleaner world." Financial Results Revenue for the fourth quarter was $7.1 million, compared with $1.2 million reported in the fourth quarter of 2005. Gross profit for the quarter was $0.9 million, versus a loss of $0.1 million in the prior-year period. Net loss for the fourth quarter of 2006 was $5.1 million, or $(0.03) per share, compared to a loss of $2.7 million, or $(0.03) per share, in the fourth quarter of 2005. The 2006 fourth quarter includes the non-cash impact of $3.2 million in beneficial conversions related to the Company's preferred stock dividend. For fiscal 2006, WorldWater reported revenue of $17.3 million, versus $2.0 million in 2005. Gross profit was $2.7 million, as compared with a loss of $(0.5) million last year. Net loss for the period was $11.4 million, or $(0.08) per share, versus a net loss of $10.2 million, or $(0.11) per share, in 2005. Results include $1.6 million in non-cash warrant expense for 2006 and $3.1 million in 2005; 2006 also includes the non-cash impact of $3.2 million in beneficial conversions related to the Company's preferred stock dividend. About WorldWater & Power Corp: WorldWater & Power Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that provides solutions to a broad spectrum of the world's electricity and water supply problems. For more information about WorldWater & Power Corp., visit the website at www.worldwater.com. >> Clearly this is a company going the right direction, gave one of those annoying 1 st qtr is usually our weakest comments but still I have an eye to buy today for myself (sorry wifey & everyone else in it) Will be watching volume. TopD> how did this earnings report escape your attention sir? ~ stoney
I saw it Stoney - Actually a little disappointed we didn't see better movement in the stock. What we need now is announcements on some large contracts!
SWEB up nicely today. No news and increased volume. Captain, didn't you switch back into it and say it was going to $1.75?
Yes I did. Lets hope it gets there(1.75) without too many shake outs. I almost always scale out along the way, which I have already done this morning. I will take some more off the table when we get over 1.40. I will hold a core position until PT is hit, or I adjust it up. Stops get tighter along the way. Works for me, but others may not like it. Helps me sleep at night knowing profits are locked in. Current stop is 1.05