Having followed, and invested, I The"Q" for ten years I have come to the coclusion that the finantial status quo cannot change without a buyout by a much larger company. UQM can not enjoy the benifits of 'economy-of-scale at thier current production levels. And, they can not get large orders because they are such a small player. Stuck on te outside looking in with a great product, All I can hope for is alarge buyer becooing intrested in thier product. Good luck to all that have stayed all these years.
I know how you feel Static, because I have been in for 16 years - starting at 7 and then some at 11.
BTW, you still in Port Charlotte?
The problem with a buyout is that we would not get much of a premium - maybe $5 - 7
The tax loss carry forwards are worth about $35 million for a buyer - nearly a dollar per share, so if Audi would offer $6 it would only cost them $5 - about 200 million which is pocket change for a big outfit like VW.
We know they are putting electric motors in each line at Audi, and the Audi team is competing with BMW, so I expect them to use our more powerful motors. As long as the bus and truck lines are moving, we can stay afloat until 1) a buyout, or better 2) a production contract from Audi. If the latter occurs, the stock price will move to $8-12 within a year - SO don't sell for a buck - this is still worth holding if I'm right.
But you're not right, and holding this for 16 years at 7 and 11 dollars shows the lack of investment discipline on your part. If nobody wants them at a buck, what world do you live in thinking they can get 5 to 7 dollars? Can't wait to hear your rose colored reply.