Shub,
I didn't get in at the level, but I got in at level where there was positive information. It was not a naive entrance as risk is involved. And indeed I saw it collapse too. Yeah, there were some who said, it will go down. They got to say, I told you so when it did.
Then it started climbing again, under the news of contracts, obligations,and the ability to meet those obligations. The demand for environmentally friendly transportation technology remains. Still grounds for holding that WPRT can in part meet those demands.
That is still risky as other technology could catch the fancy of the public and thus the investors and WPRT could disappear in short order. Still, it has contracts in place. If it doesn't work, it is Ford's loss, Honda's, Volvo's and probably others. I am sure they didn't throw all the apples in one basket, but still unless there is a way out of those contracts, they have to honor them. $$$ for WPRT.
I personally don't expect more than $4 per share though I have seen targets of $8.
I am convinced that fall to $1.5 + occurred because of the common shares offer which was fulfilled. I thus think it hurt the momentum to climb up.
But then, that is just another insignificant observation in the scheme of things regarding WPRT.
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