Agora’s Jim Nelson literally gushes over “new, working technology available that could produce enough drinking water to equal global demand”:
“There are a few different ways to remove salt from ocean water, but the most prevalent is thermal desalination, or multistage flash distillation. The way these systems work is through rapidly exposing salt water to high temperatures, which causes a portion of this water to “flash” steam, which is captured as salt-free water. Unfortunately, it’s expensive to provide the energy needed to run this type of process. Currently, it’s the most widely used form of desalination. Around 85% of all desalinized water comes from these types of plants.
But another technique is rapidly gaining attention. It’s called reverse osmosis — a desalination process in which salt water is pumped through a membrane, or filter. Until recent technological breakthroughs, the membranes and pumps were both too expensive to operate economically.
The desalinization landscape is about to change dramatically... In fact, the virtually unknown company behind these efforts can do it more cheaply than what most of the world’s utility companies currently charge.”
Is this stale old water dressed up in a fancy bottle --- or an honest-to-goodness thirst-quenching wellspring?
ERII...Own it; Like it....It retrofits Desalination plants with a cost cutting system..... I'd really like a stock that is handling the brine sludge....Not sure one really exists yet.....
I like water for the future. Heard a guy on Bloomberg radio say they were long into water.
ERII - although it has some short term strength the technicals are looking bad according to Dorsey - 2 out of 5 and dropping. Currently on the overbought side by 54%.
I'm not terribly surprised, "shredmonster"; 'Not terribly dismayed either..... Water stocks will make you crazy every time....Look at the likes of Veolia.... Pico is a good play; But......... Folks still don't take water seriously. Water investments don't lend themselves to short term anything......
Hey! I'm trying to be serious here!....Well...Sort of. Your points , "spreadtrader", are the very ones I feel, make water lack any sense of "urgency" as an investment vehicle...You can have a drought...And flooding at the same time. A simplistic example; But true; And one reason people look at a recomendation for water investments, and wonder what we're talking about....It is a crisis in the making...Just not close enough, or urgent enough to excite the "awash in water", investing public. It's a long-term investment ,mostly...And requires the patience of Job... "If", however....You were just jerking my chain; And being a smart-mouth..... I hold the "World Class Smart-mouth Championship" Award of the Bolton 3rd grade...2 years running. My report cards bronzed, an enshrined on the detention room's wall of shame....Fame,...Fame. ...So, There.
I sold ERII and took profits on it. Might buy it again if it pulls back enough. It was "discovered" by the pundits with a resulting runup. And inevitable pullback unless earnings are blowout.
The more I look at ERII, the less I care if I take profits or not....It's like PICO... ERII might drift in profits time to time....However it's the only pure play I know of in a necessary industry; Requiring every viable cost savings move availible.
I drink it with water at the DAWG TAILGATE and sip at home. Only use water because anything else causes bad taste and hangovers. I personally love water for showers, hot tubs and pools.
My favorite water stock (for the 'story', not as an investment) is AirWater (AWTI). This is a penny stock (literally) and the company is losing money.
As the name implies, Air Water International manufactures units that pull water from the air.
These units satisfy a genuine need but, since they're basically specialized condensers, they're only suitable for locations with appropriate heat and humidity.
ST - As the resident alcohol distiller of this group, I will guarantee your Member's Mark and even Maker's Mark is cut with good ole' H2O. Heck, even my stripping run starts dripping at 150 proof. A good reflux still can get up to 98% ABV. That'll kill ya'. Oh, and they use lotsa' water for the mash, clean up, etc.
Yeah farley, MM is cut from 180 proof with mountain stream water, then redone and cut again. I was speaking only about the after market, I shawer with H2O, and wash the insides with MM/h2o. Looking for the future "H2O" investment for clean water for 1. the masses 2. industry...profit is what you teach.
Hey farley, thanks, but I have no interest in home made hootch or the distilling process. I'm a retail consumer who likes good bourbon neat. Water is perhaps a chaser, but diluting a perfectly good sipping bourbon is not an option.