RZTI - Raser Technologies, Inc. (OTC Stock)

[thegreatgate]

Bottom play....

52-week high: $11.79
52-week low: $2.15
Current PPS: $2.40

About RZ:
Raser Technologies, Inc, (Raser) is a geothermal power development and technology licensing company. The Company operates in two business segments: power systems, and transportation and industrial technology. The power systems segment develops renewable geothermal electric power plants and bottom-cycling operations. The transportation and industrial technology segment focuses on using its Symetron family of technologies to improve the efficiency of electric motors, generators and power electronic drives used in electric and hybrid electric vehicle propulsion systems. Raser has accumulated a portfolio of geothermal interests in four western continental states and a geothermal concession in Indonesia. It has initiated the development of eight geothermal projects in its Power Systems segment. As of December 31, 2008. Its transportation and industrial segment focuses on electric motor, generator and drive technologies.
Raser Technologies Website

1-year chart:

[Aufan 1983]

Originally Posted by thegreatgate

Bottom play....

52-week high: $11.79
52-week low: $2.15
Current PPS: $2.40

About RZ:
Raser Technologies, Inc, (Raser) is a geothermal power development and technology licensing company. The Company operates in two business segments: power systems, and transportation and industrial technology. The power systems segment develops renewable geothermal electric power plants and bottom-cycling operations. The transportation and industrial technology segment focuses on using its Symetron family of technologies to improve the efficiency of electric motors, generators and power electronic drives used in electric and hybrid electric vehicle propulsion systems. Raser has accumulated a portfolio of geothermal interests in four western continental states and a geothermal concession in Indonesia. It has initiated the development of eight geothermal projects in its Power Systems segment. As of December 31, 2008. Its transportation and industrial segment focuses on electric motor, generator and drive technologies.
Raser Technologies Website

1-year chart:

Very nice find GG!!!!!!! Looks like a solid play with a big upside

[thegreatgate]

Setting 52-week lows as I type this: $2.06 lod

Current pps: $2.08

[thegreatgate]

Another 52-week low set today ($1.78)

I've been very patient waiting on a proper entry and decided that $1.50 looks good. Of course I may take $1.60 if it shows up or may just skip this stock altogether. Very oversold and will get a bounce soon, just not sure when.

[thegreatgate]

Originally Posted by thegreatgate

Another 52-week low set today ($1.78)

I've been very patient waiting on a proper entry and decided that $1.50 looks good. Of course I may take $1.60 if it shows up or may just skip this stock altogether. Very oversold and will get a bounce soon, just not sure when.

This is what I mean by oversold, this has been the outcome of the last 11 trading days:

Red, red, red, red, green, red, red, red, red, red, red........Will tomorrow be red again, probably, but a green day (bounce) will be coming very soon....

[lovemoney]

Peeked it's head up today. It's been forming a small ascending triangle since it dropped first of this month. Might be getting ready to start bouncing back up.

[PennyPicker]

lot of volume today on the news for the extension. in at 1.56, closed at 1.52. Support at 1.50. has a lot of room to move upwards. gonna hold for a quick bounce.

[lovemoney]

Acts like it wants to hold this bottom range. Got a white top-heavy spinning top today after last week's little downtrend. If it holds above the Nov lows.

[Klipper22]

I've been sitting on some of this for several weeks now. It still looks good to me to have found a bottom. No rush as it is a swing trade for me.

[thegreatgate]

In this @ $1.20....last $1.16

Can't get the full article but saw this on goog finance. Couldn't even copy and paste the article so I had to take a screenshot: