If ECOtality contines to provide better earnings and more contracts in the USA and in Europe and Asia , certainly possible ECOTality trades up to the price of Tesla near $100 a share, and especially if there are many that have shorted the stock. As the stock climbs up, more buyers attracted to a stock that is longer considered a penny stock -...
worse for those that have shorted the stock and have MARGIN CALLS - pay now or pay later. - meaning buy back the stock at a higher price - driving the price of the stock even higher -
And even more worse, if Tesla provides any additional good news to report.
Just a matter of time , till ECT closes above $2.00 a share.
seems many businesses would have an advantage to install re-fueling stationgs for Hybrid and or Electric cars owners and their families. . More electric cars are in demand. Just a matter of time, till more investors realize the benefits of this company, besides environmentally friendly.