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It looks to be 'much ado about nothing' for Westport Innovations (WPRT +9%) this morning as the...

It 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.
Comments (8)
  • Aristiphones
    , contributor
    Comments (1327) | Send Message
     
    As if higher taxes means you still don't make money
    9 Nov 2012, 11:19 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4059) | Send Message
     
    Typical WPRT - most unpredictable. It is very beaten down - time to reverse direction $35 again :). I bought today!
    9 Nov 2012, 11:24 AM Reply Like
  • Trustmaster
    , contributor
    Comments (12) | Send Message
     
    "Critical Mass" is about to be reached. It's about time. In spite of the US government dragging its feet.
    9 Nov 2012, 11:38 AM Reply Like
  • allgas
    , contributor
    Comments (3) | Send Message
     
    I like roller-coasters. ie WPRT!
    9 Nov 2012, 12:38 PM Reply Like
  • Cwalt
    , contributor
    Comments (19) | Send Message
     
    I picked up 200 more shares this morning at $24.15 just before nice move higher. Long term great buy at these current prices.
    9 Nov 2012, 03:30 PM Reply Like
  • paljones
    , contributor
    Comments (2) | Send Message
     
    because it is none of their business. Edison did not make a dime when
    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.
    9 Nov 2012, 03:37 PM Reply Like
  • fishergreen
    , contributor
    Comments (2) | Send Message
     
    Has anyone seen who else is buying up this stock?....George Soros has it as one of his largest holdings and he keeps building and if you look at the insider trading, one Kevin Douglas has over 10M shares and keeps building....google his name and investing...quite interesting
    9 Nov 2012, 04:32 PM Reply Like
  • stony3
    , contributor
    Comments (31) | Send Message
     
    I like Westport chart-wise and, technically speaking, it appears to be bouncing off support in the low twenties and rising on volume in response to the company's guidance.
    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.
    9 Nov 2012, 05:12 PM Reply Like
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