Market Currents
It looks to be 'much ado about nothing' for Westport Innovations (WPRT +9%) this morning as the...
-
Friday, November 9, 2012, 11:16 AM ETIt looks to be 'much ado about nothing' for Westport Innovations (WPRT +9%) this morning as the stock abruptly reverses course to trade markedly higher following its Q3 earnings miss and trading halt yesterday. The stock initially opened down nearly 5% in after it resumed trading during the post-session yesterday, but quickly executed an about-face during the pre-open session and hasn't looked back since.
Other date
Latest Earnings Articles
This news story has 8 comments:
he was developing the incadescent light buld. That's the nature of R&D.
How about Bell and Marconi? The confluence of current events, the discovery of how to get naturalgas safely out of the ground, the OPEC stranglehold on oil and the development of an effcient engine to power
our economy has only one natural enemy-THE EPA and cohorts.
Fundamentally, I continue to like the story with the China link showing good growing vehicle count; and now with the top India truck maker Tata (with which WPRT is negotiating) on the rise. a link likely to allow Westport to mirror the China prospects as those markets grow, in tandem. If the reborn administration is able to lean toward the clean energy infrastructure support ( specifically nat gas ) talked about in the run up to the election, then perhaps we can join Asia in making this a better planet; indeed, lead Asia in making this a better planet.
Another sidebar I'm looking toward is a cheap way to outfit or retrofit existing gas stations to become nat gas capable ... redit somewhere ... at, say around $1000 per station. If that happens, katie bar the door.