Westport Fuel Systems Inc (WPRT)

[Jack_Bolander]

FROM THE YAHOO FINANCE WPRT MESSAGE BOARD:

pcmountaindog • 6 hours ago Flag

You seem to be describing cyclical speculation and not investing.

Westport won't turn a profit in the next 10 years.
Westport will not exist in 10 years.

Speculation?

At 2.50 the up side is a short to zero and a profit of 2.50
At 2.50 the up side is long to 100 and a profit of 100 - 2.50 or 97.50 which is nice.

Which is speculation and which is an investment.

A company that only talks of EBITDA and states in its financial report to shareholder as

"The term Adjusted EBITDA is not defined under U.S. GAAP and is not a measure or operating income, operating performance or liquidity presented in accordance with U.S. GAAP.

Adjusted EBITDA is used by management to review operational progress of its business units and investment programs over successive periods and as a long-term indicator of operational performance since it ties closely to a unit's ability to generate sustained cash flows."

Funny, they only have negative cash flow, they can't even use bogus accounting to support their position.

In the case of Westport with a 15 year history of losses and hundreds of millions spent never returning a cent of capital to share holders, real assets shrinking each day and the same CEO in place, I tend to think the short at 2.50 is more likely the investment.

Place you bet or be safe and run away from this company and never look back.