Wednesday, July 11, 2007

Current Holdings

My brother asked me to look into some speculative alternative energy stocks a few weeks ago and I started sifting through lists of small companies. I focused on the wind sector as it just made a lot more sense to me the long run. These are the two companies that grabbed my attention.
MMGW -Reports to be profitable very soon, patents on designs
TWRT -Ramping up for increased demand.
So we started a position in these two. My brother offered a "tip" in IOGH. So here are the current holdings:

MMGW @.60
TWRT @4.35
IOGH @.12
MKRS @.87
FRPT @18.38

FRPT is my fault...I should have sold at $30, but my love for this company just wouldn't let me sell. These guys are down, but not out and I expect the share price to rebound soon. As for IOGH, all I have to say is "Gee, Thanks for the tip, Bro!"
But, with the Dow retracing back to the 13.2K area I'll take my lumps with everyone else.

Monday, July 9, 2007

U.S. Marine Corps Impressed by FRPT Cheetah

DefenseNews.com gave FRPT some very credible feedback regarding its new "Cheetah" vehicle. Back on June 9th U.S. Marine Corps Commandant General James Conway visited the FRPT facility in S.C. and gave it a test drive.
“I’m excited about the latest addition to Force Protection’s family of MRAP Vehicles, the Cheetah,” Conway told the Marine Corps News, an internal publication of the Marine Corps, after the visit.
Read the full story here: Test Drive BoostsU.S. Marines’ Interest In Cheetah Vehicle
The Cheetah obviously made a pretty big first impression. The best part: Britain, Italy, and Turkey have also shown great interest. Pretty big news and much needed encouragement to stay long here.