alnut's  Instablog

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Old enough, Entrepreneur, Investor, and Trader in Montreal, Canada...
  • Am I All Wrong On Westport?? 3 comments
    Mar 26, 2014 2:06 PM | about stocks: WPRT


    Well, it is just possible that I have royally outsmarted myself, not that I am alone here...

    I spoke to a Kenworth truck salesman, and asked if he offered a nat gas option for long haul, over the road trucks.

    Well, yes and no was his answer.

    They do offer a Cummins-Westport engine, but basically (he says) it is expensive, under-powered, and delivers relatively low range.

    Drivers, he says, are wasting more time refueling than is worth their while.

    If there is any relative veracity to my too late due diligence, then I have lost a huge amount of money on my faulty belief and poor research.

    Did I figure this wrong???

    My Bad!

    Disclosure: I am long WPRT.

    Stocks: WPRT
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  • jimmymerlo
    , contributor
    Comments (6) | Send Message
    I am basically short against the box on this one. Two wrongs don't make a right, but this stock defies explanation. Hoping for a buy-out by $CMI.
    2 Apr 2014, 06:15 PM Reply Like
  • alnut
    , contributor
    Comments (146) | Send Message
    Author’s reply » Lots of Westport engines out there...but the f*^%ng stock keeps going down!
    7 Apr 2014, 10:57 AM Reply Like
  • jimmymerlo
    , contributor
    Comments (6) | Send Message
    My entire position in $WPRT was called away on 4/4 even though my options were in the money. Someone is either convinced there will be a reversal or just got stopped out. Either way, there are better spec plays out there.
    7 Apr 2014, 01:53 PM Reply Like
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