Basin Water, Inc. (BWTR)
The Company designs, builds and implements systems for the treatment of contaminated groundwater.
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Going down the drain in a slow death spiral.
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Down down down
Poor management = company collapses and goes bankrupt
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Following Seth here.
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Terrible company.
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Take a drink
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Billion Dollar market. With Rohm and Haas as their partner they should become leaders in the field in a couple of years
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$3/share in cash and a great story... writing off those contracts made them clean and poised in 2008.
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Water is increasingly scarce and this company is helping recover existing (gray) water supplies.
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down $2 to $8
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I'm taking advantage of this 19.25% dip today! Also riding the Toby bandwagon!
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large investors the shaw group. In an area where their services are needed and will not decrease
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Beaten down but coming back.
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Tobin Smith
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Water services sounded very good to me, and what fun, giving a thumbs up to a one star stock. But then I read Bent's comments, sigh.... But I am testing a theory that in the short run, bad management doesn't matter, only investor perception, so I am giving it an outperform for a time frame of several months, and then ending my position. I will get out earlier on either a run-up or if there is a news report publicizing Bent's findings. I think this is called a teachable moment :-).
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Water is the gold of tomorrow and they have
tons of cash
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I think these guys have the right technology and business model in a field that is going to become increasingly critical.
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Company should be in the black last two quarters and announced a 10 million dollar buyback.
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A cheap longterm long.

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