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Sunday, November 08, 2009 10:19:23 AM
The SEMA event was to promote the H2pg engine and Doug is the star there. Peter is there in the background working hard to close some deals. Doug and the engine are the bait.
In January we have the cars debut at the show.
This run is based on the SEMA hype and if no news appears the price should drift lower again. When it does those who took some profit may decide to buy back (increasing position)in for the really big runs that could come in months ahead. Many stocks undergo engineered runs that part newbie investors with their money when theres nothing really driving them.
Just ask yourself what has changed over the past few weeks that makes the company worth 3 million dollars up from 400 G's?
Remember that the milage claims are only the equivilancy of using regualar fuel(meaning if the E85 had the same BTU value). Actual milage may be somewhat less - just a guess of between 85-95 which would still be good and worth the venture.
GLTA - P.
Great minds board: http://www.investorshub.com/boards/board.asp?board_id=5388
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