Here is what we think is a valid avenue for a bit of diversification.
Big Al
February 25, 2014
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Discussion
4 Comments
Feb 25, 2014 25:15 PM
Feb 25, 2014 25:31 PM
Off topic,
Check out the move of Formation metals since 1/1/2014. Yes the move up has been on light volume, but the % gain can not be denied. Al, whats your thoughts?
Feb 25, 2014 25:58 PM
sorry, not the exact date of the move, look at the 3 month.
Feb 25, 2014 25:57 PM
Great topic and a good way to diversify – I just bought shares of US Geothermal (HTM) last week.
The obvious situation for the battery plant, which is rumored to be built in New Mexico, is to tie up with Solar City. Solar City was founded by Musk and he is chairman of the board, still owning about 28% of SCTY.
It will takes a few years for the synergy to happen, of course. Last I checked Musk was worth over $9 billion, and as a man who could sell sand to the arabs, but also highly intelligent, he has the capability to get it done.