alphaMS

Is Raser Technologies a Bargain, Or Just Cheap?

Tom
I have the benefit of responding after your second post. I am not sure why you are questioning “what my deal is” or throwing out the “ulterior motive” stigma.

Prior to your article, my responses were to 2-3 other writers who posted inaccurate information. I should not have to defend my position why I correct inaccurate information. My posts are negative because I have been negative on the company.
I have questioned their ability to do what they say, I have questioned their ethics, and I have questioned their overzealous ridiculous projections.
I have been correct when challenging the accuracy of prior articles and I have been right about the company. It would not make sense for me to throw out a positive comment when I think the company is full of hooey.
I became aware of this company shortly after their reverse merger. I read the filings. This thing was boxed up with only 2 million shares free trading, with something like 42 million issued and outstanding at the time. We all know what that means. While I have taken short positions in the company, I certainly knew better than to stand in front of that train at that time. The stock ran from apx $1.25 to $40 and back down.
When you spot a stock that is being manipulated it is good to keep an eye on it. When a stock is boxed up, at some point in time it collapses.

As you say this is all in the past. In my mind it paints a negative picture on the company. Especially when it is combined with grandiose projections, fluffy PRs, and ridiculous claims of being a leader in geothermal production.

This stock may run a point or two. If it does I’ll be ready to whack it—just as you will be ready to sell and take profits. Just as the company has missed their projections every year since their inception, they will miss in 2010. In my opinion. For what it is worth—at $2.00/share I would be taking a position on the long side if I had to take a position. That said, I still have a few calls I have sold—but I am very comfortable holding them.


On Jul 24 12:40 PM Tom Konrad wrote:

> Alpha,
> The question is not how badly RZ has performed in the past... that's
> why it's so cheap today... the question is, will they manage to exceed
> investors currently very low expectations.
>
> BTW, what's your deal? I see you've left 18 comments on Seeking
> Alpha, all on articles about Raser, and all negative. If you're
> a short, congrats on your large profits... I'd take them ASAP.<br/>