Rodman & Renshaw: Raser Technologies (RZ) Compelling But Still Speculative
According to StreetInsider.com, Rodman & Renshaw is out this morning with an analyst note on Raser Technologies (RZ) and initiating coverage with a Market Perform/Speculative Risk rating. The highlights:
- company has compelling geothermal resources and relevant technology
- will benefit from renewable energy mandates
- unique modular deployment
- capital intensive nature of the business which needs financing may weigh on the stock in the current environment
- company still fine tuning its financing strategy
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“A Triple in Steam” Megashift Profits
(Stock Gumshoe, 3/24/09)
(RZ) Raser Technologies Transitions to Geothermal
(Stock Blog Hub, 10/3/09)
(RZ) Raser Technologies’ Steady Progress
(Stock Blog Hub, 10/8/09)
XOMA up in pre-market on News, RZ finds support
(Penny Stock DD, 9/9/09)
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