CWCO daily chart & larger time frames, $13.00 is major support area. Earnings is coming this week and Elliot impulse wave (12345) up has just completed.
Help a bit closer to home
A second company with the potential to slake California's thirst is publicly traded Consolidated Water (NASDAQ: CWCO). Currently focused on the Caribbean, Consolidated Water not only builds but also operates multiple reverse osmosis desalination plants in the Bahamas, Belize, the British Virgin Islands, the Cayman Islands, Mexico, and Indonesia. While not currently operating in California, Consolidated Water clearly has the technical know-how, and is another logical choice for investment should California move ahead with plans to build more desalination plants.
Help a bit closer to home
A second company with the potential to slake California's thirst is publicly traded Consolidated Water (NASDAQ: CWCO). Currently focused on the Caribbean, Consolidated Water not only builds but also operates multiple reverse osmosis desalination plants in the Bahamas, Belize, the British Virgin Islands, the Cayman Islands, Mexico, and Indonesia. While not currently operating in California, Consolidated Water clearly has the technical know-how, and is another logical choice for investment should California move ahead with plans to build more desalination plants.