Tower Tech Has the Wind at its Back

One of my 'watch list' holdings that just barely didn't make it in to the rabbit portfolio has gone on quite a run since the snub. In fact it is up over 35% in the last 5 trading days alone, including its 18% surge this morning. The company is Tower Tech Holdings. Here is the business description from Google Finance:

Tower Tech Holdings Inc., formerly Blackfoot Enterprises, Inc., through Tower Tech Systems, Inc., is engaged in the manufacturing of fabricated towers for wind turbines that are sold to a limited number of customers for use in the support of wind turbines. These wind turbines are used in the generation of electricity throughout the United States. The Company’s operations are located in Manitowoc, Wisconsin, where it leases 163,400 square feet of production space, with an additional 40,000 square feet of administrative and engineering space. It offers customers wind tower support structure and monopiles. Until February 6, 2006, the Company was not engaged in any operations. Effective February 6, 2006, an arrangement was completed between the Company and Tower Tech Systems, Inc. (Tower Tech). On October 1, 2007, the Board of Directors of the Company completed its acquisition of all of the outstanding stock of RBA, Inc., a fabricator of components for energy-related industries.

The company is well positioned to take advantage of a surge in demand for wind turbines. They recently completed a purchase of RBA, Inc., a manufacturer of components for energy related industries. This micro cap stock originally showed up on my radar because of a prominent shareholder that caught my attention; Jeffrey Gendell. He owns roughly 20% of the company as a personal holding, not a holding of his hedge fund Tontine Capital Partners.

Blog Action Day: The Environment


Today is Blog Action Day. Over 16,000 blogs with RSS subscribers of over 13 million readers all posted about the environment.

As my small part I have listed a few of those articles below for your enjoyment:

TheIssue.com - Engineering our Planet
This is a great piece looking at the role of bio-engineering can play in reversing climate change. This is a great review of an interesting idea that is also potentially very polarizing.

This video is from the YouTube Blog:

Here are some other resources on the web:

• Eyeka's Blog Action Day Page - Eyeka contributors have made hundreds of photos and videos freely available for use in Blog Action Day!
  
• Treehugger - Easily the best environmental blog on the web, Treehugger has a great section called How to Go Green as well as tons of other useful stuff. It's manned by some 40 writers around the world and contains no less than 14,000 posts!
• Wikipedia's list of environmental issues - With enough links to keep you busy for hours, Wikipedia should easily set you off on your environmental web travels.
• Digg's Popular Environment Stories - lists tons of popular posts and articles on all sorts of subjects.
• Green TV - If you need visual stimulation, Green TV has a lot of videos to get you going, divided up into channels of content, it is eminently watchable.
• We can live green - A lot of things boil down to practicality and We Can Live Green will help you find actual products and consumables that are environmentally friendly.
• IMDB's Highest Rated Environmental Movies and Documentaries - Al Gore's Inconvenient Truth isn't the only environmental DVD to watch, check out IMDB's list of features ordered by user ratings.
• The Union of Concerned Scientist's Green Tips Page - A page full to the brim with great ideas and tips!
• The Nature Conservancy's Carbon Calculator - This calculator leaves all other carbon calculators in it's wake!
• The Sustainable Community Action Wiki - Share, learn and help with this fantastic wiki with over 2000 pages!
• Greenliving English and Spanish - Plenty of great information here from NRDC.