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Friday, October 09, 2009 4:47:12 PM
Regarding the answer to my post, that I am answering to here (I know it's confusing) You are right, TTEG seems to have a huge future with overseas companies, Asia. My guess is the US companies don't have the money to invest in it, while japan and China do. Most of the US DOE money is going into new tech for electricifcation smart tech grid upgrades, electric hybrids, electric vehicles, batteries, new solar power tech, biofuels, especially that use CO2 to make fuel, and not into new engine tech. That is why it is so nice to see Asia funding TTEG.
I will add that I think TTEG is a long play, not a short term play, that may take a few years, long term look to pay off big. I don't expect a huge run up in the stock anytime soon, based on recent news. Buyers should be buying this stock for the long term look, not short term news trading.
Interesting that while Toyota led the world in hybrid development, and the USA is now playing catch up, China and Japan are now moving in the other direction, not reinventing batteries and hybrids, but funding a new engine design for power plants from motorcycles to behemoth mining engines.
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