Interest in HYBR.OB Reflected in Increased Stock Price
Consumers cannot seem to escape the trickle-down effect of increased fuel costs. Where not hit at the pump, they get pinched at the grocery store or department stores, where prices have skyrocketed as a result of increased transportation costs. All commodities, in fact, have reflected higher costs in recent months. Hybrid Technologies (HYBR.OB) is one company attempting to assist consumers in taking a step away from traditional fuel costs.
Dale Pinkert, a media consultant from RadioWave Relations, recently talked about Hybrid Technologies market performance on “Business for Lunch” with Ken Morgan.
Hybrid is focused on the design and production of all-electric, lithium-ion battery-powered vehicles. The company’s line of vehicles has expanded to include basic transportation vehicles, motorcycles, and off-road recreational vehicles.
In early April 2008, the stock was trading at $2.40 per share. It peaked recently at $6.40 and has stabilized around $5.40 per share. This doubling of the stock price within a three-month period can only mean that investors are getting behind where Hybrid Technologies is going.
Pinkert pointed out that, while the price of most goods has increased in recent months, the price of lithium-ion batteries has actually been on the decline. Hybrid already has plans to pass on the savings from these decreased costs to the consumer.
Consumers looking for a way to be less dependent on foreign fuel should take a look at what Hybrid has to offer. On a four-hour charge, the LiV™ WISE is able to reach 75+ miles per hour and drive up to 120 miles. The WISE is a quiet, no-emission, no-maintenance vehicle that fulfills the needs of most commuters. The remainder of the Hybrid line can be viewed at the company’s website http://hybridtechnologies.com/
Who can help but consider Pinkert’s final statement: “When not putting gas money in your car – think H-Y-B-R!”
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