After disappointing revenue guidance for the remaining of 2013, Westport Innovations (NASDAQ:WPRT) slumped 11% to start August. This placed the stock back at a level originally reached in late 2011 on the back of the hype of natural gas as a transportation fuel for the trucking industry. With low domestic natural gas prices and plenty of supplies, the maker of engines that use natural gas stands at the intersection of huge potential and dwindling stock support.
The confusing part about the Westport situation is that the vast majority of the promising future of the company is tied up in two major joint ventures (JVs). These businesses are booming with promising developments, yet the ownership percentage prevents the loading...
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