Oh no, this is a mistake! the rarified air is too much for me, so CWS will likely swoon tomorrow. Could it be CWS is not a fraud? Just maybe they will develop into something, some day. I hear there will be a pending name change, since they are working with solar companies now too,, it probably will be something like Green Energy Tech or whatever. Still a risky play, so will probably drop to lower half by Friday's close.
Mod, I think I've mentioned this somewhere before, but one thing I really dislike about CWS is their blatant representation of their business as being somehow related to alternative energy (even going so far as to imply same in the name of their company). They are a forge, not unlike thousands of others throughout the world; here's a link to the photo page of Coulter Forge in Berkeley CA -- a small forge I used occasionally during my career: www.coulter-forge.com/photogallery/photo.html My point is that CWS tries to imply that their forgings are somehow irreplaceable in the manufacture of wind turbines, but it simply isn't true. They are supplying thrust bearing and load bearing components that could be supplied by literally thousands of other companies. To me that smacks of a scam. Likewise, their more recent announcement is that they will be supplying components for a manufacturing line that will make silicon PV wafers does not imply that they will see sales linked to the expanding production of wafers. They are supplying a component for a machine that will make many many wafers (probably a cutting die of some sort). They are linked only in the sense that the machine will need spare parts now and again and the wafer manufacturer may order another machine if they decide to further expand their production. To me it smells of rat. Caveat Emptor!
Yclept.... thanks for the comments. You probably "nailed it". They are trying to get attention and are probably a small forged product manufacturer and any order over 1M is probably big time to them. If I can catch any bounce in the stock, will sell and run. Mod
I don't really know how big or small they are, and they may well provide a lot of machined rings for turbine bearings (wind, hydraulic, gas). They may be making a lot of money for all I know. There's nothing inherently wrong with being a forging company. I just don't like the bandwagon approach they seem to have taken with respect to naming their company and the orders they publicize. It would be sort of like a copper wire company naming themselves "Google Office Wire Supply" just because they happen to have manufactured some of the wire that went into the Google headquarters.
On their website www.chinawindsystems.com/products.html though they have a picture of wind turbines in the upper right (which may well have CWS forged bearings in them), down near the bottom they show the forged rings and shafts (rough and finished machined) that they actually make which are the same type of products shown by Coulter in my earlier link.
"You do realize that horses are very much aware of exactly where they place their feet. Undoubtedly, the top of yours would be more comfortable than the rocky ground."
I can't see as how a critter that has steel shoes nailed to the bottom of it's feet would care anything at all whether they're standing on a hard or soft surface, so long as it's not so soft that they're sinking into it.
Post by 2kids10horses on Jun 2, 2011 15:32:16 GMT -5
Especially when they're shod, they would prefer to stand on something soft! And your feet give a satifying "Crunch" sound when stood upon. And, the popped out eyeball effect on your face.... Horses live for that look! LOL!!!
Seriously, the shoe prevents the hoof wall from flexing, which is a natural shock absorber for the horse. They are also slippery on concrete and asphalt.
Of course, if you allow your foot to get stepped upon, it's your fault, not the horse's. You shouldn't be standing where a 1000 lb animal wants to stand.
But, back to the look... horses are very astute readers of humans. They "know if you know". That is, they can tell if you know how to control them or not. And, if they know you DON'T know, they take great delight in making things difficult. But, it they think you DO know, you would be amazed how easy they let you control them.
An example: I have horses. So, I have "some" degree of horsemanship that must be detectable by equines. I was at my cousin's place for Thanksgiving, and they had two new ponies. At group photo time, they wanted to include the photos in the picture, and they led the ponies to the group. One on each side. Well, that left their rear ends facing the camera. Not their best side. So, I stepped around, and while the girls held the pony by the halter, I just lightly touched each pony, one at a time, on the hip with a finger, and it just pivoted around on the forehand to face the camera. One of my cousins, was amazed that I was able to get them to turn around so easily. I just said, "They knew I knew how".
Now, I just wish I "knew how" to make this market behave! LOL!
Oh, that reminds me. I didn't remember Yclept's pick until I went in to do the first post with opening prices. I don't like to double up on a pick but since the market had already opened I thought it would create a row if I tried to change to another selection.