The Federal Government will announce the companies that will recieve founding from REDP (Renewable Energy Development Program) in September. There is an article posted on this site somewhere written by a Green Institutional Investor. She believes that Geotherm (GDY, PTR), wave energy (CNM) Solar (DYE) and CFU are all a good bet to recieve cash.
Like we saw when Blu gen was announced and when GDY got some funding, a positive announcement will pusg the stock north.
I believe August (toward the end) will be when big investors, intos and day traders will start to jocky for a position in these stock. I could be wrong, but traders will start to focus/bet on who gets that cash.
But, remember they are opening a plant in Germany in October, that's real soon. So, there has to be more announcements around that. Also, who are they making these things for. Not much good having a plant with no one to sell your widgets to.
CFU Price at posting:
17.3¢ Sentiment: Hold Disclosure: Held
