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The Company develops and operates seawater desalination plants and water distribution systems in areas where naturally occurring supplies of potable water are scarce or nonexistent.
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TMFDitty (98.39) Submitted: 12/04/06 10:07 AM : Start Price: $23.11 CWCO Score: 5.39
Hey, I love water as much as the next guy. But I won't pay for the bottled stuff when I can get it for practically free on tap -- and I won't pay 35 times TTM earnings for a company that generates negative free cash flow, either. (Heck, for that price, I could pick up a Coke and half a share of PepsiCo.)
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HGtrader (40.40) Submitted: 12/05/06 2:59 PM
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Hey! You quoted me in your article and yet you don't let me know about it! Well in response to your article, I agree. It has a high valuation. I wouldn't buy it now, unless it had a nice dip. But the truth is I bought this stock 2 years ago and there wasn't CAPS then. So when I started CAPS, I immediately put CWCO. Why? I guess I love this stock and it's potential. I have a 3 year time frame, but I might hold it forever.
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money4eds (41.08) Submitted: 12/05/06 3:05 PM
I owned the stock before caps. Thank you for the money pitch. I like to buy utility stocks for the long term. I cant find another supplier of water, so in the spirit of fools, this strikes me as a rule breaker for that area. Water purification is an expensive and specialized process.
HGtrader (40.40) Submitted: 12/05/06 4:33 PM
Ha! Down 9 points right off the bat. I'll over take you soon.
HGtrader (40.40) Submitted: 12/05/06 4:36 PM
Oops! I'd already passed you. Come and catch me!
Adambomb25 (< 20) Submitted: 12/05/06 6:45 PM
I've owned this stock since 2001 and it's quadrupled my money...I do happen to know that their negative cash flow is partly due to the current production of new facilities.
HGtrader (40.40) Submitted: 12/05/06 7:23 PM
What the?! Did I make a mistake? You're ahead of me again. Well, I look like an idiot.