Shaping up to be another down day manipulated by MM. The big money wants to wring out every penny out of those options. IT's RIGGED. FAVORING the club as usual, the shorts are CLNE best informed investors.
UPS has already purchased 1,000 LNG-fueled tractor-trailers that will displace more than 24 million gallons of diesel fuel annually. The company has used LNG-powered vehicles since 2002.
“The natural gas industry needs companies to commit to using natural gas to help establish a reliable alternative to traditional fuel, and that is just what UPS is doing,” David Abney, UPS chief operating officer, said in a statement. “The UPS strategy is both environmentally friendly and economically viable. LNG is becoming more readily available, plus it’s more insulated from market volatility than diesel fuel.”
Mr. Abney said that UPS’s goal is to reach one billion miles driven by its alternative fuel and advance technology fleet by 2017. It already has more than 2,700 alternative-fuel and advanced technology vehicles in use, including all-electric, hybrid electric, hydraulic hybrid, compressed natural gas, liquefied natural gas, liquid propane gas, and biomethane.
Mr. Chavez said the company’s diesel-powered tractor-trailers will be retired as they wear out. The company will be running LNG-powered tractor-trailers to the Maumee facility, which is why it needed an LNG fuel station in the Toledo area.
Contact Jon Chavez at: 419-724-6128.
REALLY? have you noticed the mirror image of DJ reversal up up up CLNE the stairs to .........down down, down who's at the driver's seat? Where is management and those investors for the secondary on this? Busy with options?
Don't blame me. The share price shows that investors are fed up with the status quo of this management while the industry is on fire, other companies in similar businesses have doubled and CLNE is scraping bottom at 2 years low. Do you really think ONE analyst can inflict such a huge damage on just an opinion? Please tell this board why CLNE is at 2 years low. Who is making decisions for this company, PJ? Now trading @ 11.48
Also,who made the big bet on those options expiring this month?