Monday, April 6, 2009

A Wind Machine company?

Here's a stock that has finally broke above it's 50 day moving average(blue line). This company (BWEN) Broadband Energy, is involved in all aspects of building and maintaining wind mills. This is very thinly traded and trades on the OTC. It has sales of over $200 million dollars. I like the chart if it can stay above $4.00
Here is a link to there last earnings report a few weeks ago.
http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=BWEN%3AUS&sid=an01QQpvf0GQ