Topic: How To Invest

Please give me your comments on WaterFurnace Renewable Energy. I have lost money on this stock, but I am thinking that I should buy more. I am enjoying your service. All the best.

Article Excerpt

WaterFurnace Renewable Energy, $25.61, symbol WFI on Toronto (Shares outstanding: 12.1 million; Market cap: $309.7 million), has two subsidiaries: WaterFurnace makes and sells geothermal heat pumps, and LoopMaster International installs the geothermal loops that the heat pumps use. WaterFurnace Renewable Energy is registered in Canada, but is based in Indiana. The company was formerly called WFI Industries. A geothermal heat pump captures energy from the earth through a series of pipes, or geothermal loops, buried in the ground. The heat pumps circulate a special fluid through the pipes during the heating mode. Heat energy is then transferred from the ground to the fluid, and then to the geothermal unit located in the home. The process reverses for air conditioning: The warm fluid is pumped from the home through the pipe in the earth, where it is cooled. Geothermal systems can also use ponds, lakes or well water for heating and cooling. Although they are expensive to install, geothermal heat pumps are generally quiet,…