{"id":3924,"date":"2014-02-18T15:14:53","date_gmt":"2014-02-18T15:14:53","guid":{"rendered":"\/?p=3924"},"modified":"2014-02-18T15:15:08","modified_gmt":"2014-02-18T15:15:08","slug":"blue-earth-inc-otcmktsbblu-attracted-toward-3","status":"publish","type":"post","link":"\/articles\/blue-earth-inc-otcmktsbblu-attracted-toward-3\/","title":{"rendered":"Blue Earth Inc. (OTCMKTS:BBLU) Attracted toward $3"},"content":{"rendered":"

Blue Earth Inc. (OTCMKTS:BBLU<\/a>) is on an upward leg again, though volumes remain within regular frames. Still, the ticker is getting closer to the $3 barrier again, and may be inviting more attention in the shortened trading week. BBLU<\/a> stood at $2.85 last Friday after inching up by 5% on dollar volumes of $602,000. \"BBLU1802.png\" <\/p>\n

BBLU<\/a> indeed awakened in the new year, as we wrote in a previous article, and is the rare higher-priced company from the clean energy and ecology sector that manages to get some attention among the cannabis stock craze. But even BBLU<\/a> is trying to transform to a different entity, by acquiring Kenmont Solutions Capital GP, LLC. The renewable energy company will also adopt Donald R. Kendall, Jr. from Kenmont as its new CEO. Through the capital-raising firm, BBLU<\/a> will try to spot and acquire new projects in the fields of interest- clean and renewable energy.\"SLTD1802.png\"<\/p>\n

So far, BBLU<\/a> has been seen with a very positive view, as an underpriced entry into a sector where newcoming companies offer dubious quality. Despite the praises, BBLU<\/a> still has some gaps in its financials that it has to fill with future activities. The latest report shows: <\/p>\n

• cash: $1.9 millions
• total current assets: $11 million
• total current liabilities: $5.49 million
• revenues: $2.69 million
• net loss: $5 million<\/p>\n

BBLU<\/a> looks like a risk-taker that has sunk in quite a bit of resources, and now payback should come soon. Still, despite the promise, investors’ forums are very inactive, with little to say about this company.<\/p>\n

Currently, there is little to say about BBLU<\/a> except that there is risk when it nears peak prices. Back in the summer of 2013, the company was briefly promoted and headed for the $4 levels, only to sink back on profit-taking. In the past, the $3 price has sometimes proved hard to defend, and BBLU<\/a> has had some rather unpleasant cuts. Be aware that the higher price does not guarantee better stability.<\/p>\n

In the recent weeks, a faster mover in the field of solar energy appeared, Solar 3D, Inc. (OTCMKTS:SLTD). This stock made a fast run from a penny to 13 cents, but has now sunk back to $0.09 and is drifting sideways at this price. Renewable energy is hardly hot right now, as it was in previous months.<\/p>\n

And others fare still worse. Bluforest, Inc. (OTCMKTS:BLUF<\/a>), a company promising lucrative carbon footprint trading, has been sinking for months, going down from the dollar levels toward $0.016. The previously hyped and promoted ticker showed that the ecological sector still relies more on short-term hype than on its potential for development.<\/p>\n

In the case of BBLU<\/a>, the volatility is comparatively low, but still enough to advice caution. Fortunately, BBLU<\/a> is not in active promotion, but it has been picked by pumpers in the past. Avoid investing sums that you cannot afford to lose as BBLU<\/a> takes a breather to move to lower positions, as it has done in the past.<\/p>\n","protected":false},"excerpt":{"rendered":"

Blue Earth Inc. (OTCMKTS:BBLU) is on an upward leg again, though volumes remain within regular frames. Still, the ticker is getting closer to the $3 barrier again, and may be inviting more attention in...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[157,163,1259],"class_list":["post-3924","post","type-post","status-publish","format-standard","hentry","category-news","tag-bblu","tag-bluf","tag-stld"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3924","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=3924"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3924\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}