China Energy Recovery Inc (CGYV) Featured at Renewable Energy World Site
Odds are you heard a lot about Secretary of State Hillary Clinton’s recent trip to China. However, you may not have heard about a side trip she took while she was there…. a visit to one of China’s energy-efficient power plants. Though there never seems to be enough publicity when it comes to a theme you’ve invested in (i.e. China Energy Recovery and waste heat), this exposure was a relative victory - the waste heat opportunity was at least exposed to a few new investors who are hungry for anything that’s profitable right now.
It was the perfect set up for a recent article penned by China Energy Board Member Roger Ballentine … Clinton’s visit highlighted the benefit of waste heat recovery, and Ballentine’s article at www.renewableenergeworld.com pin-pointed exactly how investors could tap into the trend. In fact, we attribute most of Monday’s and today’s rally from CGYV shares to the article, as that’s when it first appeared at the website.
If you’re interested, you can check out his article “China Offers Tips on Using Energy More Efficiently” at the Renewable Energy World site. It probably won’t reveal any new ideas to those already familiar with the company, but in reading it, it’s easy to understand how newcomers could be excited enough to buy into the company, hence the recent rebound. It was a much-needed rebound too.
Despite the nice move, the stock has still been stagnant over the last four months. There have been plenty of ups and downs, but on a net basis, has gone nowhere since early November. In that light, CGYV still has some hurdles to work past before any investors need to get excessively excited. Some traders are watching the $2.00 mark as a line in the sand, while others say $2.20 needs to be cleared before the stock has broken out of its rut. A move above $2.20 would mean new multi-month highs are being hit.
Either way, Roger Ballentine’s article stopped last week’s bleeding. From here the bulls can at least attempt to recoup some of the recent pullback.

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