No frigging way. The NG engine sales have stalled. Temporarily most likely, although the new diesels are pretty damned good. China continues to build their own NG engine plants and give WPRT patents the middle finger. If WPRT puts up the same sluggish numbers this next report then you'll be lucky to hold onto 10.
I get that the street is sour on the drilling sector, but this is ridiculous. The stock is priced as I'd there are no earnings at all. Hopefully in a couple weeks they will announce a nice fat dividend and get the stock moving back to some sort of sanity.
This thing is amazing. Just keeps cranking out $$ to my account each month; although the dough is re-invested into even more units. I really don't understand why more people don't get in on this thing. Are people really so stupid???
Basically the street has valued the company assets and revenue stream at near zero. I don't know if I'm missing something or whether the street is. Pretty astonishing shareholder wipeout in mere weeks.
I'd have to believe they'd get bought out if the price crashes to that level. Drilling will rebound eventually and RIG is still a big player. Of course if they get bought out at $47 that isn't much consolation for most shareholders of this company.
Your statements exhibit major gaps in logic. Wprt Is no Ford or Facebook. Any attempted comparison of investment logic between WPRT and F, FB or Netflix is just stupid. But whatever.
Drew feel free to spin and attempt to justify a losing strategy. Market Mafioso love guys like you. Fact is fact- you guys were desd wrong; again. But whatever; just keep losing your dough.
Anyone with an ounce of intelligence could see this tank job coming; it was so obvious. Yet, astonishingly, the longs stubbornly hang on and lose their #$%$. Brilliant.
It's not that I don't believe in the transition to NG or that WPRT will be involved; the main issue is that WPRT's participation will NOT be at a level.to provide shareholders with any meaningful returns. Plain and simple.
Either someone has put out false numbers/info or the street is completely clueless on this thing. I doubled down today on the shares I bought last week at 10.30; just gave to wait out his insanity and believe some semblance of logic will eventually return.