Blue Earth Inc. (OTCMKTS:BBLU) Attracted toward $3
Blue Earth Inc. (OTCMKTS:BBLU) is on an upward leg again, though volumes remain within regular frames. Still, the ticker is getting closer to the $3 barrier again, and may be inviting more attention in the shortened trading week. BBLU stood at $2.85 last Friday after inching up by 5% on dollar volumes of $602,000. 
BBLU indeed awakened in the new year, as we wrote in a previous article, and is the rare higher-priced company from the clean energy and ecology sector that manages to get some attention among the cannabis stock craze. But even BBLU is trying to transform to a different entity, by acquiring Kenmont Solutions Capital GP, LLC. The renewable energy company will also adopt Donald R. Kendall, Jr. from Kenmont as its new CEO. Through the capital-raising firm, BBLU will try to spot and acquire new projects in the fields of interest- clean and renewable energy.
So far, BBLU has been seen with a very positive view, as an underpriced entry into a sector where newcoming companies offer dubious quality. Despite the praises, BBLU still has some gaps in its financials that it has to fill with future activities. The latest report shows:
• cash: $1.9 millions
• total current assets: $11 million
• total current liabilities: $5.49 million
• revenues: $2.69 million
• net loss: $5 million
BBLU looks like a risk-taker that has sunk in quite a bit of resources, and now payback should come soon. Still, despite the promise, investors’ forums are very inactive, with little to say about this company.
Currently, there is little to say about BBLU except that there is risk when it nears peak prices. Back in the summer of 2013, the company was briefly promoted and headed for the $4 levels, only to sink back on profit-taking. In the past, the $3 price has sometimes proved hard to defend, and BBLU has had some rather unpleasant cuts. Be aware that the higher price does not guarantee better stability.
In the recent weeks, a faster mover in the field of solar energy appeared, Solar 3D, Inc. (OTCMKTS:SLTD). This stock made a fast run from a penny to 13 cents, but has now sunk back to $0.09 and is drifting sideways at this price. Renewable energy is hardly hot right now, as it was in previous months.
And others fare still worse. Bluforest, Inc. (OTCMKTS:BLUF), a company promising lucrative carbon footprint trading, has been sinking for months, going down from the dollar levels toward $0.016. The previously hyped and promoted ticker showed that the ecological sector still relies more on short-term hype than on its potential for development.
In the case of BBLU, the volatility is comparatively low, but still enough to advice caution. Fortunately, BBLU is not in active promotion, but it has been picked by pumpers in the past. Avoid investing sums that you cannot afford to lose as BBLU takes a breather to move to lower positions, as it has done in the past.
