Goldman Sachs does not share the positive investor reaction to Westport Innovations' (WPRT +2.5%) Q4 results, reiterating its Sell rating as profitability is limited by high distribution support requirements and the Cummins JV that accounts for nearly all WPRT's medium-term profits and cash flow is scheduled to end in 2021 with a buy-out option at 1.3x EBIT in 2019. [View news story]
Goldman Sachse is shorting WPRT and getting hammered every time the stock moves higher. Goldman is a "crap" firm. For Goldman Sachse to put out such a retarded report looking out and guessing 6 years tells you one thing, Goldman Sachs analysts suck and the Goldman is again, a fraudulent company. Keep buying WPRT so Goldman Sachs goes bankrupt covering its short position.
Goldman Sachs does not share the positive investor reaction to Westport Innovations' (WPRT +2.5%) Q4 results, reiterating its Sell rating as profitability is limited by high distribution support requirements and the Cummins JV that accounts for nearly all WPRT's medium-term profits and cash flow is scheduled to end in 2021 with a buy-out option at 1.3x EBIT in 2019. [View news story]