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Re: TycoonSoon post# 111

Saturday, 07/26/2008 10:11:02 PM

Saturday, July 26, 2008 10:11:02 PM

Post# of 169
profiting from the Pickens Plan happens to be on the short side, in Fuel Systems Solutions (FSYS). This is a company that provides the necessary components for a car to run on natural gas, so if Pickens Plan proliferates, FSYS stands to benefit in a big way. Ah, but there is a problem. Not in the company itself. This is a company that has seen a huge surge in revenue and profit as overseas customers convert their vehicles to the cheaper natural gas fuel. If that trend catches on in the US, expect FSYS to continue to profit big. However, this is a stock that has quadrupled in just a few months and from a technical standpoint, this is a mighty bearish looking double top (full disclosure: yes I am short on this). It's a short right here with a stop above 42.50. If it fills the gap around 20, I'm a believer on the long side in this Pickens Plan play.

http://selfinvestors.com/tradingstocks/stocks/
pickens-plan-profits-global-wind-etf-fan-clean-fuels-clne-fuel-systems-fsys


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