Comments on: “This $3 Utah Company Could ‘Bring Down’ OPEC”

By: Jose

Jose — Fri, 21 Aug 2009 12:53:30 +0000

This is an interesting article( Part 1 and 2) about Geothermal companies. Probably after reading it some people mght think twice about putting their money there.

http://whiskeyandgunpowder.com/geothermal-frustrations-part-i/

By: Ression-bit

Ression-bit — Fri, 21 Aug 2009 00:14:14 +0000

RZ was doing fairly well until they offered their shares to corporate buyers at half their share price about July 2009. Surprise!!! This made their share price drop by (hmmmm….) half! Imagine that! Have a look at their chart, and you will easily see when the announcement was made. I was a happy owner of a winning stock, making a few bucks with my 1,000 shares until then. Now I own a stock that is worth (hmmmm….) half. I consider a company that will kick its faithful stockholders in the–keister–for a quick infusion of industrial cash to be downright mean. To be fair, they had a big loan payment due. Now they have had a CEO shakeup. Could the CEO have felt the same as I do about jerking the shareholders around, or was he “encouraged” to leave because he was the cause of it? Or did he have to go because the stock lost half its value virtually overnight? (Now, who could have predicted that, I wonder?) Or maybe someone just thought he was wonderful and hired him away from RZ???

All I can say is that if the grocery store is selling peaches, and one can costs $1, and the identical can next to it costs 50 cents, the dollar peaches won’t sell, effectively making the price of peaches 50 cents.

That said, and steam vented, I think RZ is a good value at 2 bucks a share. I wish I had known there was a fire sale in the works.

As for Oxford Club, I get their newsletter. The only advice I trust there is from Alex Green. And I hate that I get spammed daily to buy this, that, and the other newsletter of theirs and their associates for only $5,000, which is just a fraction of the usual price. In fact, so many customers have complained that they have addressed this issue in their daily emails. They claim they have to hype the newsletters to keep money coming in. Hmmmmm. I thought they were all rich from their stock picks.

Gotta go pick the lint from the bottom of my pockets.

By: trackerdave

trackerdave — Thu, 20 Aug 2009 17:29:59 +0000

What I like about RZ is the 100mpg Hummer electric hybrid- have you seen that?

By: SageNot

SageNot — Thu, 20 Aug 2009 17:21:09 +0000

http://finance.yahoo.com/q/ta?s=RZ&t=2y&l=on&z=m&q=l&p=m50,m200&a=&c=

No rush to get into RZ here, it’s even weaker than Oxford’s touts indicate. I can only speak about Alex Green on that staff, he’s a very bright & accomplished analyst; but you need to spend far more than the normal Oxford Club fare of $79./yr. to get his best research.

I doubt that OPEC is losing any sleep over these many alternatives, only nuclear energy can make that kind of dent, ask the French.

By: Richard Balint

Richard Balint — Thu, 20 Aug 2009 16:49:24 +0000

Actually, Nevada Geothermal Power (TSX:NGP) is traded in the states on OTCBB, not Pink Sheets. This stock has treated me very well so far.

They just completed their first geothermal plant this week, and are spending a month running tests and checks. They are ahead of schedule, and will be producing power early October, barring any unforseen problems.

And yes, I’m a stock owner in NGLPF.