Just got another patent and this seems like bottom.
accumulating here and expect short term too see this head up to 14+ area in the next month
then base in the 20's. Building for long position expect 50 + and new highs next 1-3 yrs
www.rasertech.com
From chart, it looks like starts breaking out from down trend and going right up.
Bollinger Bands are tighting up. MACD is heading up:
http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=RZ&time=8
(http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=rz&sid=0&o_symb=rz&freq=2&time=12&x=0&y=0)
buying here for the next 1-3 yrs expect 50 + in 2007
and 14-35 next 3 mos
so many updates, this is a must watch http://www.rasertech.com/uptospeed/index.html
Yes, up2speed look at patrick schwartz credentials
New hod this is starting to breaking adding for long here
Being Green and Seeing Green
Breaking out 6.49 close
Looking for 7-9 next week then 14 + by nov.
longer term the magical restance levels are 35 and then blue sky at 50 break.
Latest News
Raser to Unveil New Electric Motor Design at the Electric Vehicle Symposium in Yokohama, Japan
Thursday 19th of October 2006
Raser announced today that it plans to unveil a new more powerful electric motor design for electric, and hybrid-electric vehicles next week at the 22nd Electric Vehicle Symposium (EVS-22) Yokohama, Japan. more...
http://www.rasertech.com/news.php
Looking for more developments on Humvee contracts, something that should be coming down the pipe.
http://www.rasertech.com/news/scripts/full-news.php?1148038500
Raser Technologies Receives Authorization for Military Development Project
Friday 19th of May 2006
PROVO, Utah--(BUSINESS WIRE)--May 19, 2006--Raser Technologies, Inc. (NYSE Arca: RZ) ("Raser"), an energy technology company that develops and licenses advanced electric motor, controller and related technologies, today announced that it received Army authorization to proceed with the design and development of an Integrated Starter Alternator (ISA) for use in the U.S. Army's versatile HMMWV ("Humvee") vehicles. The authorization was provided through the recent addition of an Appendix to the existing Cooperative Research and Development Agreement (CRADA) between Raser and the US Army Tank Automotive Research, Development and Engineering Center, (TARDEC) which became effective on October 12, 2005.
The initial task for the 2006 statement of work is being performed under the CRADA. Initial funding of approximately $0.5 million has been appropriated for two follow-on tasks, and Raser is currently in contract discussions with the Army for funding of Raser's activities up to this amount during 2006. Raser anticipates that approximately $7.5 million in additional funding from Congress and the Army will be required in 2007 and beyond to prepare for military and commercial production of the ISA. The funding for such future activities in 2007 has not yet been appropriated by Congress or the Army.
"Raser is honored to work with the Department of Defense to improve the functionality of the Humvee," said Timothy D. Fehr, Raser's Chief Technology Officer. "The addition of a Symetron(TM)-enhanced ISA will be a further evolution in the lifecycle of this important military asset. Our ISA technology can be applied to the current fleet of Humvees as well as its eventual fleet replacement and larger trucks."
ISA technology offers three strategic advantages to the Humvee:
* Greater onboard electrical generation: An ISA would eliminate the need for a separate, towed generator to power portable field equipment such as communications and medical units.
* Improved fuel economy: Using idle reduction technology currently employed in commercial hybrid-electric passenger vehicles, an ISA-equipped Humvee would achieve fuel economy above the current 8 miles per gallon.
* Stealth operations capabilities: The high torque available from a Symetron(TM)-enhanced ISA would allow limited-range stealth capabilities in an electric-only drive mode. This capability represents a highly strategic improvement to the current Humvee design, especially in urban settings.
"We are taking the developed technology of our P-50 ISA and applying it to the Humvee," said Brent M. Cook, Raser's Chief Executive Officer. "Our work on this project is a continuation of earlier design work we performed for the Army under a Small Business Innovation Research grant. This important project represents the next stage of ISA development, which will be suitable not only for military applications but for the commercial transportation markets."
About Raser Technologies
Formed in 2003, Raser Technologies believes that its pending patents and proprietary intellectual property cover breakthrough technologies. Raser's Symetron(TM) technologies more efficiently harness electrical energy in electric motor, controller, alternator and generator technologies. Application of Symetron(TM) generally requires simple changes to existing products, but yields significant increases in power, performance and efficiency without the use of exotic materials. Further information on Raser Technologies, Inc. may be found at: www.rasertech.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding the following: the Company's beliefs about the performance capabilities of its technology; the ability of the Company to obtain funding for development activities; the suitability of the Company's technologies for military and commercial applications; the ability of the Company to obtain military or commercial production contracts; the Company's beliefs regarding its research and development efforts; the Company's beliefs about the advantages of ISA technology; and the commercial impact of current government contracts. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the competitive environment of the transportation industry; our inability to obtain funding for development activities; our inability to achieve commercial acceptance of our technology, our inability to compete effectively in the marketplace; the strength of our patent and pending patents and other intellectual property and those of our competitors; our inability to protect our intellectual property, and such other risks as identified in our quarterly report on Form 10-Q for the quarter ended March 31, 2006, as filed with the Securities and Exchange Commission, and all subsequent filings, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we undertake no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Raser Technologies, Inc.
Investor Relations
[email protected]or
Company Management
William Dwyer, 801-765-1200
or
Media Contact
Randy Blosil, 801-765-1200
Source: Raser Technologies, Inc.
Anyone hear anything about how the electric power symposium went? Hopefully, they'll issue a PR soon to tell us how their product was received. My guess is, things went very well.
You ask me, this company is poised in a perfect market segment. Definitely a long (meaning 2 to 3 year) hold. Clean power is where it's going to be at in the very near future. I'll be accumulating this one for the next 6 months at least.
The chart and technicals are ligning up for a big move, i expect some positive developments in the near term. The technicals confirmed a strong buy today 6.65
stay tuned
Long
6.72 macd turning up over cross looks like 7-14 range coming on new confirmed uptrend.
long
Good to see RZ making a positive move. I am holding shares at a higher range and will be averaging down
Well from what i heard the syposium was quite fruitful for future contracts, expect some real good news short term.
do your dd
imo
well some real positive developments from symposium
http://biz.yahoo.com/bw/061031/20061031005318.html?.v=1
Mr. Spector also attended the Electric Vehicle Symposium's Ride and Drive event to test drive some new hybrid, electric and fuel cell cars being demonstrated by car manufacturers including Toyota, Honda, and Nissan. Mr. Spector's test drive and award was covered by Japan television news.
Following his test drive, Mr. Toshio Kobayahsi, President of the Japan Automobile Research Association, introduced Mr. and Mrs. Spector to present the award. He was joined on the stand by Mr. Ed Kjaer, co-founder of the Consortium and Director of Electric Transportation for Southern California Edison (NYSE: EIX - News), Mr. Brian Wynne, President of the Electric Drive Transportation Association, Mr. David West, VP Marketing for Raser Technologies (NYSE Arca: RZ) and co-founder of the Hybrid Consortium, and Mr. Patrick Schwartz, President of Raser Technologies. Following an introduction to the Plug-in Hybrid Consortium by Mr. Kjaer, the Consortium's Hybrid Vehicle Advocacy Award was presented to Mr. & Mrs. Spector in a ceremony at the opening reception in association with the Japan Automobile Research Institute, the World Electric Vehicle Association (WEVA) and the Electric Vehicle Symposium.
Higher highs, higher lows
RSI, MACD, Stoch all bullish
Strong Buy on this one! Do your DD and GLTA
(http://bigcharts.marketwatch.com/charts/big.chart?symb=rz&compidx=aaaaa%3A0&ma=4&maval=5%2C8%2C21&uf=0&lf=2&lf2=4&lf3=16&type=4&size=3&state=8&sid=1585832&style=320&time=6&freq=1&nosettings=1&rand=5992&mocktick=1)
Please use the 'Seach' before opening new threads, there is already a thread of RZ!
http://www.3stocksonfire.org/trading/index.php?topic=7106.0
This stock almost doubled after the CEO resigned.
I need to pick stocks with new CEO on board ;)
NEWS TODAY................ ;D
Press Release Source: UTC Power; Raser Technologies
Raser Technologies and UTC Power to Work Together to Tap Geothermal Resources
Thursday April 12, 9:34 am ET
Up To 135 PureCycle(R) Power Systems to Supply 30MW of Renewable Power
SOUTH WINDSOR, Conn. and PROVO, Utah, April 12 /PRNewswire-FirstCall/ -- UTC Power, a United Technologies Corp. (NYSE: UTX - News) company, and Raser Technologies of Provo, Utah (NYSE: RZ - News), today announced they have entered into a series of agreements for UTC Power to provide up to 135 PureCycle® geothermal power systems for three Raser power plants. In total, these systems will generate approximately 30 megawatts (MW) of renewable electrical power.
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The agreements contemplate a long-term relationship in tapping geothermal resources to provide renewable power and in continuing to improve organic Rankine cycle power generation technology. They also allow for testing with respect to the possible adoption of motor technologies owned and licensed by Raser. The agreements further provide for certain down payments by Raser to UTC Power, and the financial terms reflect consideration for the technology development and field demonstration anticipated by Raser and UTC Power. Other financial terms of the transaction were not disclosed.
Delivery of the first 45 units begins in the fourth quarter of 2007 to the first of Raser's three initial geothermal sites. UTC Power has also signed a service agreement with Raser for maintenance of these units.
"We believe these types of renewable energy-producing power plants will be a significant part of the U.S. power production portfolio in the future," said Brent M. Cook, chief executive officer of Raser. "Accelerated development of domestic geothermal resources will produce electricity in an environmentally friendly way and contribute to energy independence. We are delighted to be associated with UTC Power, whose entry into geothermal power generation is a significant step in our nation's push toward energy independence."
According to UTC Power President Jan van Dokkum, "The PureCycle system will make it possible to tap into a significant new domestic renewable energy resource because it operates at previously unusable low temperatures -- from 165 to 300 degrees Fahrenheit. These units will provide renewable power around the clock from a 'free' fuel source. The PureCycle system is an important addition to UTC Power's environmentally responsible product offerings and we look forward to working with Raser in aggressively deploying and advancing this technology."
Raser expects the geothermal resources for its first three smaller, 10 MW power plants to be low-grade reliable heat sources of approximately 265 degrees F. All three geothermal plants are expected to be built on the company's leased properties. Heat sources may vary among locations, but plant designs are expected to be similar. The plants should qualify for Renewable Energy Credits (RECs) and are also anticipated to be placed in service in time to qualify for Production Tax Credits (PTCs) and other tax benefits provided under the Internal Revenue Code.
The PureCycle geothermal system results from more than six years of research and development work involving UTC Power, United Technologies Research Center and the U.S. Department of Energy. The organic Rankine cycle- based power system is an advanced binary cycle system that is driven by a simple evaporation process and is entirely enclosed, which means it produces no emissions. The only byproduct is electricity, and the system's "fuel" -- geothermal hot water -- is a renewable resource.
PureCycle geothermal systems have been in operation since 2006 at Chena Hot Springs Resort in Alaska, as a U.S. Department of Energy Geothermal Technologies demonstration project. It is the first geothermal project in Alaska and the lowest temperature geothermal resource (165° F) ever used for commercial power generation.
"United Technologies is a great company that stands behind their products with significant capabilities both in personnel and in manufacturing resources," continued Cook. "We anticipate working with UTC Power for many years in the future."
"RZ" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock. :(
Thank You....and good luck with all your trades....make some $$$ ;)
Here is today's chart.......
$20+ soon imo
Raser (NYSE Arca: RZ) is a publicly-traded, green-focused technology licensing and development and geothermal project development company operating in two business segments. Raser's Transportation and Industrial Technology segment focuses on using Raser's Symetron(TM) technology to improve the efficiency of electric motors and other applications. Raser's Power Systems segment is seeking to develop clean, renewable geothermal electric power plants and bottom-cycling operations, incorporating licensed heat transfer technology and Raser's Symetron(TM) technology.