I don't think that the shares for the FSYS purchase will hit the market, so there need not be any concern as to where WPRT price is from that perspevtive. Will go to the FSYS shareholders and the FSYS shares will be cancelled. That's just my interpretation of it. On the other hand, the chart looks horrible after breaking $3. 10 of 11 days down I would be a big winner in Las Vegas betting on red but here I'm just a big loser
Ah..but I didn't give her the credit card. She has her own money and thank you for your concern. I don't believe in shared accounts. WPRT is my gf . We'll be together until death
A feeling very similar to giving my girlfriend my ATM card and letting her use it for an extended period of time. I'm thinking that even her would've kept it below the $100k that this stock is costing me over the past 2 years.
we will go back higher. Happens every 5-6 years. We're talking about 98 million barrels global supply and 95 million demand. Doesn't take much to cut 3-5 million barrels. At this price, most shale, oil sands, deep water drilling is not economical. OPEC is getting killed also. Once some of these drillers go BK, supply will come down. This maybe where oil should trade at but it will always overshoot to the upside and downside. When everyone is talking about getting out of oil it's time to buy.
If you go to FSYS message board everyone is complaining. Here, 50% of the people do. Myself, I would rather be a WPRT shareholder if I had to choose. People complaining about dilution should keep in mind that you're buying something worth $1 and you're paying less than 75 cents. You improve your cash position. Sales would triple. Any synergies would make what is already a great deal even better. Frankly I'm more worried that FSYS holders will try to block it
FSYS has a lot cash and no debt. They're buying it well below book value, paying with shares and if there are any cost savings that's the cherry on top. I maybe wrong but this maybe the bottom although I don't expect it to spike
That's only because I sold Line 2 days ago at 2.08 and bought LNCO at 1.97. It's the market's way of telling me that I'm stupid
that 10 cent dividend that hit my account pales in comparison to today's drop. My other brilliant investments include CLF, MCEP, BBEP, ARP, TRQ. These are just some that didn't yet go BK. This is a good excuse to start drinking early
As obviously you have a lot more knowledge than I do, what are you doing right now? Buying MCEP? ARP? If you do, are you going all in or phase yourself in? Are there any other out there that I'm missing? Bought BBEP on Fri but after going on the boards it seems as if I could've done better.