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Ecotality, AŞ Message Board

  • tajunkie tajunkie Jun 24, 2013 8:41 PM Flag

    This is a long term hold.

    I bought this stock with the notion and intention that the world will have no choice but to go electric in the future. With the human population constantly and ever increasing, more and more cars on the road and the increasing middle class of China and India purchasing cars, fossil fuels will run out eventually, and we will strip all of them from the earth. The price of a barrel of oil will hit $250 a barrel someday, it is inevidable, as well a gallon of gas will hit $5, $7 and even $10 a gallon. What will the worlds patience be when this happens? What will they all do? Go electric. The race will be on to install charging stations all over the world as electric vehicle sales skyrocket, and the winner will be the company that already has the infrastructure and foundation laid that can provide the fuel. If you want to read a great book, read "The Third Industial Revolution" by Rifkin. That book made me rethink my investment stategies, and Ecotality was the kind of comapany he was discussing. For the long haul, this companies stock is one of the best places to be. This stock skyrocketing is just another BP oil spill or middle eastern war away.

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