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TransAct Energy (OTC BB:
TAGF): Getting Ready to TransAct |
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I know what you were thinking when
you got out of bed this morning. You woke up and asked yourself this question:
"I
wonder how many cell towers there are in India?". Well, maybe that
wasn't the first thing on your mind, but I'll bet you want to know now.
There are 350,000 cell phone towers
in India, and TAGF is planning to sell clean power back up systems
on 10,000 of them.
Typically powered by diesel generators,
the Indian Government wants to clean up the emissions mess. There's a government
mandate to replace these diesel generators with clean power sources. You
are looking at Altergy's Freedom Power System, a high efficiency generator
with zero emissions. It pops in to generate power when the voltage being
supplied to the cell tower is interrupted. A switch kicks it on, and then
power is generated.
TAGF plans to market 10,000
of these babies in India in a pilot project for cell towers. The
systems are economically viable because they are now inexpensive to manufacture.
In fact, for the first time ever, these futuristic power cells are being
mass produced, dropping the costs down considerably.
TAGF plans to grab its share
of the $65 billion being spent globally to develop green
energy sources, and India cell phone towers look to be the start.
Today, just before the market opened,
TAGF
made an announcement that could drive this stock into tradable rally mode.
The company announced an expansion
of its product offerings this morning. Aside from the back up power generators
targeting cell towers in the India market, TEGY is now offering
a wider array of energy saving technologies to end customers. The company
is finalizing agreements that will allow them to distribute "clean coal"
technology designed to elminate the highly toxic fly ash. According to
the news, this technology captures the fly ash, which is then used in concrete
and road beds.
Since this has been a pretty thinly
traded stock up to now, materializing volume might just drive the stock
up quite rapidly. In the past it has traded in the range of $.30
to $.40 on lighter volume. You never know how these kinds of stocks
will trade when demand surfaces, but sometimes they go absolutely nuts.
Nimble traders getting in on the early action have the opportunity to notch
some serious short term profits when you're in with the first volume.
If this stock starts trading volume
and breaks out above the $.40 level, there's no telling where
it might end up. You never know until the volume comes, and you see where
it heads. If it does break out, and you don't own it, you're just a spectator.
On a breakout above $.40 load
up, keep a tight stop, and keep an eye on the stock for higher levels.
Don't be afraid to lock in a profit. Let's hope Santa is good to us on
idea #2 this week. I'm anxious to deliver a profitable idea this week as
we're close to the one day a year good old Saint Nick gets rock star status.
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