Broadwind (BWEN) will receive attention from countless thousands of investors over the next few weeks leading up to the February 23rd wind energy auction that will put a nationwide spotlight on the U.S. wind energy industry and America's imminent offshore wind boom.
The #1 largest source of renewable energy in the U.S. today is wind energy, which currently produces 3.70X more renewable energy than solar! There are at least 40 U.S.-listed publicly traded solar energy pure plays, but despite wind energy being 3.70X most important than solar energy, BWEN is the only high-quality U.S.-listed publicly traded company that generates at least 66% of its revenue from the U.S. wind energy industry! Most other U.S. wind energy businesses are a small part of massive conglomerates (e.g. GE, Vestas, and Siemens) or electric utilities (e.g. Exelon, Xcel, NextEra, Avangrid, and AEP). Only BWEN provides direct exposure to U.S. wind energy.
BWEN has a 200-day moving average of $3.58 per share and could very easily return to it within weeks. A massive BWEN short squeeze is imminent with over 1 million shares of BWEN currently sold short that are likely to cover in the days ahead. On February 23, 2022, America's #1 top headline news story will be the record-breaking dollar amount paid for six offshore wind energy leases totaling 488,000 acres extending all the way from Cape May, NJ to Montauk Point on the eastern tip of Long Island.
BWEN saw America's imminent offshore wind boom coming 17 months ago! Renews published an article on August 5, 2020, entitled, 'Broadwind ponders offshore towers move' which began by saying, "US onshore wind tower producer Broadwind is considering potential opportunities to enter into the offshore wind sector." BWEN's CEO was quoted in the article as saying, "We are currently evaluating strategic alternatives that have the potential to provide an attractive entry point into offshore wind. As an established producer of onshore wind towers, the transition to offshore represents a natural progression for our business, one with the potential to drive sustained demand for our expertise." Click here to read the article!
If BWEN officially announces its entry into the offshore wind energy space, BWEN could become one of NIA's largest short-term percentage gainers of all-time.
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