just a disclaimer, I doubled down just this morning (in EU trade). Even though I often consult charts - and the chart currently does very much look like there is no point of turn in sight soon (and breaking support after suport...) , I went in to (more than) double my position. This is for the long term, and I expect it to become an at-least-five-bagger in the next 5 years. So I dio not worry too much about buying at 18,2 this morning (13,3 EUR = 18,2 USD) or 16 - or even the historic 14.5 dip few years ago.
Likely the sales are year-end window dressing - Physically it would be before the end of the year so that those statements from mutual funds investors receive after 1/1/2014 would see all those winners listed instead of losers. But in reality many sellers are probably trying to sell before others are selling and as a result, the selling started early and may end early.
Since this is the year end, it would be regular window dressing selling and tax selling.
Ergo - Maybe the year-end rally starts this week - why not (-;
Likewise added @ 17.56 to my initial position of a couple days ago. The refueling argument is getting stretched and more CNG stations are added every day and at a faster pace by companies other than CLNE.
The new engine should be a real winner in 2014. Trillium is going strong. No waiting for CLNE.
"$2.4 Million for Fueling Station with Trillium CNG in Lafayette, Ind"
....also check out ox blue camera, GAZ at JFK is ready to GO! WPRT engines get ready for plenty of stations.
I believe this latest incentive for free gas @clne may have been unfavorable to single buyer or lower than 5 vehicles. wrong strategy IMO but looking forward to 2014 new engines.
I keep buying down every 5% thought we were way undervalued at 20 but hey what do I know,
been through it all before on other issues, fundies are strong here will just be a question of time
before it plays out. who knows where the bottom will be but I will be buying
You have some friends on this side of the Atlantic too! I too am accumulating at these sub 18 levels (ughh! that low really!)
Also biting some APC as it gets dragged down!
Sentiment: Strong Buy