Today GOOG is announcing a 4.4 trillion dollar energy initiative. http://googleblog.blogspot.com/2008/10/clean-energy-2030.html...
GETG's 2 and 4 stroke products will make them a natural beneficiary of this initiative. GETG's market cap is around 200 million so it isn't exactly cheap and God knows I am not a bull on much these days but I believe GETG might just knock the cover off the ball. GETG has already shown that they can rapidly grow production, ship and service national retail chains, attract national media for excellent product placement and free promotion. They can do all of that and actually produce a superior green product and by superior I don't mean "superior GREEN" I mean Green and superior to existing products green and un-green. The market cap is high and I certainly don't like that but I think that is 200 million FD not on a treasury basis. If I had an accurate discription of all the warrants I could calculate it but I don't. I believe most of the warrants are struck here or higher with maybe 25% struck at sharply lower prices .
Jeff Marshall is the energetic CEO and he has demonstrated over the years he knows how to rapidly build a business. If the whole world doesn't melt down these guys could really be in great shape. (Unfortunately, I am a firm believer that the world IS about to end, however, so I reluctantly meantion this stock yet again. This is in response to the numerous requests I am getting for a long pick). I do believe in this company but I don't trust the credit markets at all. If the world doesn't end Friday it will be a good bet. Heck I am so bearish I think we could see GE at 10 (possibly next week) if congress doesn't pass the current bill.
$2.07 (10/02/08)
