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Westport Innovations Inc. Message Board

  • goskiing99 goskiing99 Mar 3, 2014 11:59 AM Flag

    share offering coming

    With the continued cash burn and now the expense of a recall the company will be forced to issue more sharesto stave off iinsolvency. My guess is the offering will be around $15 and send the shares to $12 within a couple weeks after the shares are issued.

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    • Stupid idiot .. they just did a offering few months ago. Quick talking non sense fuxxing CS

    • wildbeenyheeth Mar 3, 2014 12:18 PM Flag

      That isn't funny... Are you just piling on? There are a bunch of Believers here who would not like another secondary. That would certainly knock the share price to $12 or less. IMHO

    • On the recall I actually blame the analysts for not pushing harder for clarity on the massive warranty accruals, though that hides the improving underlying margins which should strengthen further w/ HPDI 2.0...

      As far as the future, they don't need more cash right now.

      What is interesting is they just landed Delphi, a 20 Billion dollar company. That's huge.

      Gas price bump w/ Ukraine instability means good news for WPRT, not bad. Thus the full court press on this board, which, honestly, is a waste of time anyway.

      My favorite red haired stepchild continues to perform wretchedly but the future is looking pretty rosy.

      Sentiment: Hold

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