One hell of a company.

ENOC

Clean Tech baby. Clean Tech.

I'm long ENOC, too. It's a smart grid play. I'm not in at 6 though.

Stay long. Company will show a profit by next year easy. Dominates all market geographies it is in. Only competition is small regional players - many of whom are going to go bust because they don't have cash reserves and they have poor business models. Enernoc has over $60 million in bank, no debt.

They hand out checks to customers every quarter. Customers love that ! especially in tough economic times. They get paid by utilities and system grid operators and have multiyear contracts so the cash stream is virtually guaranteed. Gross margins are huge.

They have first mover advantage. and others just cant catch up.

Did ya post it here?
I don't remember you mentioning it if you did, NB.


BW

long-term weekly chart posted Aug. 2008 by "hiker" for ENOC -

my comments may interest you

http://forums.technicalwatch.com/tool/post...;highlight=enoc

Hiker I dont understand why those comments are interesting - you said it looks like its building a base in Aug, but it didnt hold and lost more than half to where nimble got it - i guess if you didnt get stopped out, you would be back around even now. are you trying to say that that base is now resistance? if so or if not, could you be a little less cryptic?

thanks,

klh