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Seeking Alpha

Noble Environmental Power's IPO: A Pure Wind Play

Trader Mark submits:

Just wanted to put this name, Noble Environmental Power (NEPI) on the readers' radar if they are so inclined to invest in the wind farm sector. The problem with many of the "wind plays" available in the US are they either are part of much larger companies (nor pure play) or smallish and unprofitable. NEPI takes it 1 step further and has not even made 1 dollar of revenue in 2007.

But that won't stop the hype machine from taking over and who knows - Noble Environmental Power might join Broadwind Energy (BWEN) as a Cramer "House of Pleasure" pick! After all, one must look forward not backward! And one day they will have revenue! Gosh this reminds of me 1999 when stocks were going public based on numbers of eyeballs they would attract to their website.


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Published Tuesday, July 08, 2008 9:25 PM
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