Buffett Jr

Taking Profits - Thanks, Obama

I don't think Obama is being a Robin Hood. The rich are sucking up disproportionate amounts of wealth. The Average CEO makes over 1000 times the average employee. Does he really work 1000 times as hard, could he not live with 500 times more? Those at the top hold the purse string and if no one forces them to give up some of the gains from the fruit of our labor than they never will. Don't kid yourself they will still be greedy and still do business here, but if the little guy can get a piece of the pie than America is a more equitable country.

A Bright Future for American Superconductor

I am long APWR but am not a cheerleader for the stock and admit it has it's flaws however you are way off base and show a lack of Due diligence. They never claimed to have wind turbines up and running by November. They claimed to be receiving the parts from their partners in Europe Furhlander and Norwind in November. 1st Q 2009 is the target for rolling out the turbines. As far as the CFO yes that was a black market but it had nothing to do with finances being shady. He violated NASDAQ regulations by working for two companies at once.

I don't know what you expected from the stimulus PR do you want China to spell it out for you? They are investing huge in wind and solar and other cleantech. Pollution and energy independence not the price of oil alone are factors in this.

As far as your prediction under 4. Sure this market is wild and anything is possible but I would be very careful if you are short going into earnings just a few weeks out.

Lastly they have 0 debt and already thriving Distributed power generation business. Wind is just the icing on the cake.

China: Wind Power for 1.3B People

Sorry this is the link. Company News

www.norwin.dk/NORWIN_N...

China: Wind Power for 1.3B People

I understand and share some of your skepticism about APWR but that is priced into the stock right now. I've researched it as much as I can and come to the conclusion they are legit. I don't think they would have distribution agreements with Fuhrlander AG if they weren't serious about the wind business. Fuhrlander is also training APWR staff. So if you believe Fuhrlander is legit you can take some comfort in the fact they are working with APWR. They also have deals with Norwin A/S You can see the press release on their website. With Apower's subsidiary GaoKe www.norwin.dk/ check May 2007.

China: Wind Power for 1.3B People

I am interested in APWR but there are some lingering doubts about their legitimacy. I think they look good on paper but I'd like to see some actual deals go through and some big name analysts covering them.