Congratulations to all of those long WATT into today’s meltup.
The news for WATT was somewhat explosive. A new alien form of energy is about to enter the lexicon, ‘wireless electricity’ using radio frequency waves, courtesy of the FCC. WATT was granted approval today.
‘historic day in human’s use of radio frequency waves’
FCC determined as safe and meets guidelines set by FDA
‘Advances the potential for any devices that require batteries to operate’
Approved up to 15 ft
impact of certification ‘cannot be overstated’
specific absorption rate (SAR) was most important criteria for the co to prove device was safe
working w/ the FCC and partners on other advancements
now working w/ the international community
no timelines given
believes first mover advantage is ‘significant’
when asked by analyst, CEO noted, “The power is not that significant”
The subsequent result was more than a doubling in the price of WATT. Additionally, the entire alt-energy sector was on fire.
Here were the notable breakouts.
WATT +168%
RGSE +35%
LTBR +28%
IPWR +22%
SUNW +11%
DQ +8%
CPST +6%
Other than that, it was a boring as shit day, with utilities leading higher while retailers slumped. People are apparently winding down operations, preparing for New Year’s festivities.
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Not boring !
Hardly alien. This was Tesla’s idea almost century ago.
Who the heck would of been long WATT before today. My hat off to you if you held on that long (or had inside info).
2018 will be a winning year for the whole energy sector from milkshake stealing to bird chopper windmills.
I’m getting an array of these and aiming them at my noisy neighbor. If this can be aimed, it can be amplified and used for nefarious purposes.
Considering that Trump puts industry swamp thing in charge of everything, it’s no surprise that this gets approved now. Will be interesting to watch flourescent lightbulbs light-up and explode around this thing, and to watch independant experts measures the ACTUAL SAR levels.
As husaria said, this is centuries old technology – and there are good reasons that it has never been implemented on a large scale before.