AeroVironment has a huge backlog and continues to make A LOT of profit. They keeping winning new multi-million dollar military contracts because they have proved that they can design and build unmanned aircraft that no one else can. Their expenses went up because they are investing large amounts of capital in developing the non-governmental side of the business - electric vehicle charging stations, wind power, and other power generation, management and distribution systems.
Yesterday's crash represents the opposite of "irrational exuberance." Would one call that "irrational discouragement?" The company remains very strong. As of today, it is exceptionally undervalued. If I had a million dollars, I'd invest it all in AVAV right away.
Electric Cars and Hybrids: Silicon Valley vs. Detroit [View article]
Your express concern about the range and the availability of charging stations for the eBox. Note that, because the battery charger is located on-board, the vehicle can be charged from any standard electric outlet, from either 110V or 220V utility power. Also, with a range of up to 180 miles, this EV comes much closer to the range of gasoline-powered cars than did EVs developed in the past. Because of "smart charging," the eBox also charges much more quickly than did cars like the GM EV1.
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Latest | Highest ratedShorts Were Right on AeroVironment [View article]
Absolutely. I hear this is in the works.
Shorts Were Right on AeroVironment [View article]
Yesterday's crash represents the opposite of "irrational exuberance." Would one call that "irrational discouragement?" The company remains very strong. As of today, it is exceptionally undervalued. If I had a million dollars, I'd invest it all in AVAV right away.
Electric Cars and Hybrids: Silicon Valley vs. Detroit [View article]