DotcomJack

TRASH TO SPACE? | Waste Management

Long
NYSE:WM   Waste Management, Inc.
Waste Management is one of the few stocks I've traded over the years. Waste Management is a beautiful opportunity for investors with 30%+ gains avg. a year, for the last 5 year years.

When it comes to stocks, I often ask myself "do we NEED this company/service"... When it comes to trash, we do. I think it's going to be interesting what's to come for WM, will it strive through this next crash?

Pattern Recognition:
- As we validate this rising wedge, we look for a few more waves before it's descend (if rising wedge is successful). We look for a retest near $115 most definitely, if the bears can push we will see farther retest toward the $108 level.

Trash In Space?
  • " The development will occur in two phases. In Phase A, selected companies will create a concept trash compaction and processing system, conduct design reviews with NASA, and validate concepts through prototype ground demonstrations. Throughout this phase, the companies may request use of NASA facilities to conduct subsystem tests. In Phase B, a flight unit will be developed to demonstrate a system aboard the space station as early as 2022.

    Inherent with the NextSTEP partnership model, private companies must contribute their own corporate resources toward the development of their trash compaction and processing systems. In this case, responders are required to show a minimum of 20 percent contribution toward the overall development cost, or 10 percent for small businesses. Proposals are due August 22, 2018. NASA plans to host a "

The future is closer than many think....

As always, I'm not a financial adviser nor am I providing financial advice.
DotcomJack

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