Become a Member

written by reader New Solar???

By povhq1, January 15, 2015

The following headline appeared today. Anyone know WHO and what AK is talking about?:
Every Solar Power Company Just Became Obsolete
By Alex Koyfman | Thursday, January 15th, 2015

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

22 Comments
Inline Feedbacks
View all comments
SoGiAm
January 15, 2015 11:41 pm

My guess Alex is shrilling NENE-New Energy Technologies, Inc. is a development-stage company. The Company conducts its operations through three wholly owned subsidiaries Sungen Energy, Inc. (Sungen), Kinetic Energy Corporation (KEC), and New Energy Solar Corporation (New Energy Solar). The Company is a renewable and alternative energy company developing two sustainable electricity generating systems. The Company focuses on the development of two technologies: MotionPower and SolarWindow. The Company’s SolarWindow products in development are designed to generate electricity on glass while remaining see-through. MotionPower products in development are systems that generate clean electricity by capturing and making use of the kinetic energy of moving vehicles. As of August 31, 2013, it had no commercial products. As of August 31, 2013, the Company had not generated any revenues.
2014 Shareholder Letter from President & CEO of New Energy Technologies, Inc.
9:15a ET December 18, 2014 (Business Wire) The following is a statement by John A. Conklin, President & CEO, New Energy Technologies, Inc. (OTCQB: NENE):… Also filed 10Q on 1/14/15. BEWARE IMHO. Do your own DD carefully. Best to ALL!-Benjamin

Add a Topic
33
👍 11604
rosalindr
Member
January 16, 2015 10:18 pm

Sogiam is correct. I do not subscribe to Alex Koyfman’s newsletter, but I did some research on New Energy Technologies (NENE).

They are primarily a research company with two main products in development. Their scientific staff appears to be highly qualified for this research.

They do not yet have any products for sale or any income. Even though the company has been around since 1998, it is still highly speculative. It was formerly called Octillion. The new name fits it better.

I took a chance and bought 500 shares @ $1.55. I am willing to risk $775 that they will be successful in the long run, but you must be willing to lose half or more of your investment or hold it for however many years it takes to produce a marketable product.

Roz

Add a Topic
996
👍 27
Travis Johnson, Stock Gumshoe
January 17, 2015 12:17 am
Reply to  rosalindr

I look at them every now and then, they’re often teased. It worries me that a tiny R&D firm spends so much on SG&A and so little on R&D, but I haven’t looked deeply at their progress (or lack thereof, perhaps) in quite a while.

👍 21649
Alan Harris
Guest
Alan Harris
January 17, 2015 8:41 am

Off topic: Travis, I know theres a ‘Suggest an Tease’ place somewhere on the GS site, but damned if I can find it. Saw a tease about the new Bitcoin ie Rewards and ways to exploit it. If you find time to look http://pro.wallstreetdaily.com/TAOREWARDSUSPRC/MTAOR105/?a=9&o=64084&s=69177&u=1123245&l=449637&r=MC&g=0&h=true

Add a Topic
3640
SoGiAm
January 17, 2015 8:51 am
Reply to  Alan Harris

Good morning Alan-third button from the very top left…two away from home button (Discuss)! Bless our beloved CEO 🙂 Have gr8 weekend ALL!-Benjamin

👍 11604
SoGiAm
January 17, 2015 8:58 am
Reply to  SoGiAm

Or contact “Submit a teaser” in subject field; The 5th button on the very top left Best-Benjamin

👍 11604
charlier1955
January 19, 2015 9:17 am
Reply to  Alan Harris

I am 90% sure that it is Points.com; points international ltd; PCOM is an exchange site for all the points and loyalty programs. Those of you who use loyalty programs for the airlines, hotels and others might find it interesting. They are making some money now: http://finance.yahoo.com/q/ks?s=PCOM. but the stock price is about 11 now down from 30 in the last year . I would like to hear from others who use these programs and see if they like points.com THX Charlie

Add a Topic
5971
👍 43
toff
toff
January 19, 2015 1:22 pm
Reply to  Alan Harris

You can also just email the link or text to Travis’ original and still-active address: ilovestockspam@gmail.com .

👍 94
Alan Harris
Guest
Alan Harris
January 19, 2015 3:36 pm
Reply to  toff

Thanks Chris….but I dont think that was the call he was making in the teaser (play it and youll see) It seemed more like a strategy than a stock.

Add a Topic
5971
Rosalind Rogoff
Member
January 17, 2015 10:00 pm

Travis,
That came up in my mind too. Are they really trying to manufacture a product or just existing on stock promotions? So far it appears to be the latter, but they really are making a product, which if they can ever get it right could be a big money winner. I have a list of questions to ask them. I’ll post the Q & A here when I get a response.

Roz

Add a Topic
5971
SoGiAm
January 17, 2015 11:07 pm

NENE-Rosalind after 27 or so years and blowing through +$24M (retained earnings reflected in most recent balance sheet) I’d say the latter also, as I tried to emphasize in post #1 above without being point-blank. Much better investments may be discovered here: http://www.stockgumshoe.com/2015/01/the-2015-stock-gumshoe-biotechnology-awards-show/#comment-4040881 IMO. Best to ALL!-Benjamin

👍 11604
rosalindr
Member
March 6, 2015 7:32 pm

The latest news is they are changing their name to Solar Window Technologies with a new ticker symbol SOLW to take effect on Monday. I called to make sure my NENE shares would be converted over. NENE has gone up on the news and I’m showing a small profit now.

I’m not sure if this is another ploy to promote the new stock since the old NENE was losing its luster, but they do have a workable product for window treatment. They have been testing a film application of the solar window, which would be easier to market and install than the liquid. So it almost looks like they might have something they can make in enough quantities to sell. They retained the Motion Power technologies but will not be working on it for now. All resources will be focused on the Solar Window.

Add a Topic
5971
👍 27
arch1
January 18, 2015 2:01 am

A Nene is a type of goose. Be aware & act accordingly. IMHO

👍 7797
L larson
Guest
L larson
January 19, 2015 10:13 am

The Israelis opened a hundred kilometers of piezo electric highway in Nov 2014. Does anyone have an update as to its success or disappointmentnts? L’Nois

davidshelton
January 19, 2015 10:37 am

Pump and Dump alert! As someone in the solar industry(residential and commercial system designer), I can tell you the claims are rubbish. Windows are not generally in a prime location for direct sunlight – rooftops are. The amount of harvestable power coming from indirect light and light bulbs is miniscule by comparison. Simple tests with a pyranometer can show this. Conventional solar panels are already reaching over 20% efficiencies with some manufacturers.

👍 2
Steven Silva
Guest
Steven Silva
January 19, 2015 11:15 am

What a bunch of paranoid, conspiracy theory nutjobs… This stock is the future of solar and will shortly be where Solar City is today, make no mistake about it. Apart from demonstrating their technology to US Congress last fall, they are on the very cusp of bringing their products to market. Now is the stupidest possible time to bash NENE or its tech. Their tech uses organic PV which is less efficient than rare earth PV, but drastically less expensive. Their proof of concept demonstration to congress should be sufficient to quiet the “pump & dump” scam conspiracy nutjobs, but perhaps their totally honest FAQ page will do a better job: http://www.newenergytechnologiesinc.com/investors/faqs

However, when nutjobs think they know solar (like the guy who says a whole building covered in OPV would not charge a cell phone) are talking out their asses, as if these scientists are outright scam artists who haven’t done a stitch of research over the past 15 years and therefore Joe nutjob’s offhand opinion is as good as any. I mean, really, you think the moon landing was faked, and it’s really made of blue cheese?

What’s more, like most micro cap R&D firms, THEY DO NOT SPONSOR THE OUTLANDISH PROMO DONE IN THEIR NAME. Get it? Third-parties are doing the pumping. NENE’s press releases are mature and responsible. Visit their web site and educate yourself why don’t you, instead of believing the worst by choice.

Add a Topic
5971
Charles Dykman
Member
January 19, 2015 12:14 pm
Reply to  Steven Silva

Green cheese.

arch1
January 19, 2015 12:49 pm
Reply to  Steven Silva

Have you done the science? Here is a simple experiment. Tonight take a solar powered calculator or radio outside your home window of a well lit room and see if the light transmission through your window will power the device,,,then tomorrow check outside
ambient sunlight and see if there is a difference. Do not believe self serving promo from any company without checking veracity. Pump & dump by third party is still pump & dump.

👍 7797
johnkinfw
johnkinfw
January 19, 2015 6:04 pm
Reply to  arch1

Not exactly a fair comparison. Since the company admits their see-through panel is not as efficient for given panel size as a conventional PV panel, they should be judged, not on the efficiency of a same-sized panel, but rather on the light gathering power of the surface area of the windows in a typical home to the light gathering power of a PV array on the roof of a typical home. Doing that, it is clear that, unless your home has more window surface area than roof surface area, no see-through panels could generate as much electricity as a roof-mounted PV array. However, for people living in neighborhoods controlled by very restrictive zoning laws or homeowners’ association rules, this might be a way they could have some solar power – if they have at least a few windows facing south with a relatively clear view, particularly with the maturing of micro inverter technology, where each panel has its own inverter, so does not suffer as much from partial shade as the typical high-voltage array string. My personal solar experience is converting my 7KW grid-tie system to a 10KW grid-interactive system, with three inverters and a 12 hour backup battery for off-grid capability at full power.

Add a Topic
1614
👍 8
Al
Member
Al
January 19, 2015 12:05 pm

Dear Steven Silva,
Personally I think it is fine to have an opposing point of view, but couldn’t you be more polite to express your viewpoint without insulting the other people who wrote in?
Al

teda
Member
teda
January 19, 2015 12:14 pm

I’ve bought and sold NENE at a (small) profit over the past three years, and I may buy some again. My wife still has 1000 shares and plans to hold them. NENE is up more than 22% YOY. In September 2014, The DOE’s National Renewable Energy Lab (NREL) scientists presented SolarWindow modules to staff and members of Congress as part of the first National Lab Day on Capitol Hill, co-sponsored by the U.S. Department of Energy. All of the “proof of concept” work is behind them, so now it’s a matter of getting geared up for low-cost, high-speed production.

Add a Topic
2676
quincy adams
Guest
quincy adams
January 19, 2015 10:12 pm

Let’s not forget why houses and offices have windows in the first place: to see out and let the sunlight in.

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info  
32
0
Would love your thoughts, please comment.x
()
x