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  • Four Stock Picks for an Obama Administration [View article]
    Just how long do you think NG and oil prices will be low, not to long. So if you can buy GE at 16.00 and 5 years from now the GE (wind turbines) are doing well the stock you bought for 16.00 will be worth much more. Even if your right GE stock will still be way up long term. So Pickens just shelved his wind farm project till 2010, when he does get them along with others that will be buying you will wish you bought GE at 16.00. You think short term and short term very few companies will do well in today’s market.

    Never again will you get your chance to buy at the price it is today. So many times we wish we knew today 15 years earlier, well here is that chance to do just that and GE will be on top. Ge is going to lead the way in the new energy market and the stock will go higher than it ever did.
    So just sit back and do nothing and for a second time in your life you will be saying, I wish I knew all over again..



    On Nov 19 10:15 AM longoil wrote:

    > The problem with the current low prices in NG and oil prices is that
    > alternative energy has temporarily become uneconomical. This is not
    > good news for GE (wind turbines) or WFR (solar panels). I do agree
    > with you on Teva and Chesapeake as good investments.
    >
    > T. Boone Pickens just shelved his wind farm project till 2010. NG
    > generated electricity is cheaper than wind generated electricity.
    > Therefore, GE just lost $8 billion worth of turbine orders from T.
    > Boone alone. I suspect many other utilities looking at wind turbines
    > from GE have also shelved their wind farm projects as well. Unless
    > Obama is prepared to give tax breaks to utilities with wind farm
    > and solar projects, it isn't going to happen. With the financial,
    > automotive and other unforeseen future bailouts he has to had out,
    > tax breaks for alternative energy are not viable in the current economic
    > climate.
    Nov 19 12:10 pm |Rating: 0 -1 |Link to Comment
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