Saturday, November 8, 2008

Wind Farms


It's Saturday but, so what. We can still talk on a Saturday and we can most certainly write also. Just to give you an example of the energy behind numbers. Take NCEN (Nacel Energy Corp), for example. This is a company that deals in harnessing wind power, like National Wind (boy, what a name!!!!) The stock was at $4.60 back in May. Then it took a steep dive (actually, more of a roller coaster ride) down to fifty cents in August. Now it's at $1.37, as of Friday. Had I purchased 50,000 shares sometime in August, I would have profited about $40,000 as of Monday morning. However, that's the trouble with penny stocks - very high volatility because of investors wanting to make a quick profit. Be careful where you park your money. Be conservative, unless you're the type that can take a hit and move on. I'm not. By the way, that's Hans Rosenfeld on the left, with one of his robots. I think it's battery powered.