After visiting Westport Innovations’ (WPRT -2.2%) Chinese joint venture, Piper Jaffray...

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vlandas Comments (2)
 
I am a new investor and I don't have enough idea what company to pick or to invest....
11 Jun 2012, 03:02 PM Reply Like

wlbgaucho Comment (1)
 
I have been a believer in WPRT and CLNE for some time, but the upbeat has been much slower than I expected. I still am enthused over the future of these and similar natgas associated companies.
11 Jun 2012, 05:42 PM Reply Like

mrds Comments (7)
 
The recent drop in the stock (from $48 to $22) was propelled by a misunderstanding. Analysts feared that the new arrangement between Westport and Cummins whereby Cummins would produce 15 litre engines on its own, meant that Westport could face competition from Cummins and others. Dave Demers the president of Westport explained recently that the market is too large for Westport to take it all, so Cummins is working on projects that Westport does not think is a priority. Cummins is in fact using Westport technology for the 15 litre engine with Westports approval.

This means the drop in the stock was based on a false assumption. Given that there have been in fact no negative developments for Westport while there have been several positive developments (Caterpillar, Shell), perhaps the stock will rebound to its former levels over the next few months.
12 Jun 2012, 10:14 AM Reply Like

grmpienva Comments (9)
 
...and what say you on CLNE? Its been like watching paint dry...
14 Jun 2012, 03:10 PM Reply Like