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Goldman Sachs does not share the positive investor reaction to Westport Innovations' (
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.
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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.
Mar 8, 2013. 04:05 PM
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