Monday, March 12, 2007 8:09:46 PM
Well, ethanol stocks will likely make a comeback. XLPI is a kind of ethanol-play stock if nothing else.
The gov is behind ethanol. Pumps are quietly springing up all over.
Also, even if, especially if, the economy melts down a bit, that will mean people buying less new cars and more interested in upgrading their old ones. Critics of peak oil withstanding, oil will likely spike up at some point, simply on the basis of world event risk factor. I f the economy doesn't melt down, some new speculative money will flow back into the markets with a little coming XLPI's way.
The big break would be EPA certification.
On the other hand, that could be a long time, and whatever debt holder has been dumping shares will likely continue to do so at every oppurtunity until they figure that they got their money back.
Assuning the bulk of dumped shares are coming from some kind of convertible debenture, the converted shares will be used to cover, but XLPI will still have to pay the loan back, either with money - there go profits- or more stock (heaven forbid).
We could hope that the Singapore electronic outfit buys them out, or preferably joint ventures, at which point we have different management and shares in the Singapore based concern which then starts producing/selling the units with the production cost advantage likely enjoyed by virtue of producing in Asia. Assuming this outfit isn't broke, too. I am going to assume not. Asians tend to have lots of money these day, don't they? <g>
Positive things could still happen but it sure is a long way up to the top of the well XLPI's mgmt has dug for shareholders to reside in.
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