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Shares of Westport Innovations (WPRT +8.9%) rise again today, pushing the shares up 14% over the...

Shares of Westport Innovations (WPRT +8.9%) rise again today, pushing the shares up 14% over the past two sessions. Today's rise might be attributed to upbeat comments made in a keynote speech by UPS at the ACT Expo in Washington, DC. The delivery giant commited earlier this year to using liquefied natural gas trucks, powered by Westport HD Systems, in interstate operations for its Ontario, California to Las Vegas, Nevada route.
Comments (4)
  • TruffelPig
    , contributor
    Comments (4059) | Send Message
     
    Someone needs to go back to school and take Math class. They are up like 15% the last 2 sessions.......from 28 something.........
    27 Jun 2013, 01:53 PM Reply Like
  • justareader
    , contributor
    Comments (76) | Send Message
     
    Either he is making next week prediction or he went to the same math class I did. From what I have read wprt will be interesting...
    27 Jun 2013, 02:24 PM Reply Like
  • Roger Knights
    , contributor
    Comments (4580) | Send Message
     
    This is what probably goosed the stock:

     

    “During the President’s second term, the Administration will once again partner with industry leaders and other key stakeholders to develop post-2018 fuel economy standards for heavy-duty vehicles to further reduce fuel consumption through the application of advanced cost-effective technologies and continue efforts to improve the efficiency of moving goods across the United States.”

     

    This probably includes support for efforts to convert heavy trucks to LNG and the creation of LNG fillup stations across the country. Companies that would benefit are, respectively, Westport Innovations (WPRT) and Clean Energy Fuels (CLNE).
    27 Jun 2013, 02:31 PM Reply Like
  • jack20
    , contributor
    Comments (288) | Send Message
     
    roger-it would have been nice 2 years ago when the natural gas act had 187 co-sponsors and the speaker could not even get it to the floor for a vote. converting all 18 wheelers to cng will eliminate the need to import 1 million barrels of OPEC oil/day, AND cng gives off 40% less emisions. than diesel but now the major concern is emisions from the keystone pipeline. the president talks out of both sides of his mouth and there is a total lack of leadership both dems/repubs when it comes to a national energy policy. too bad. we deserve better.
    27 Jun 2013, 04:25 PM Reply Like
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