Well why oil is in one hell of a rally stage, it seems it still is not the SUPERIOR investment, wink, wink. It also seems that those like Ge that should be doing well with oil in a major break out rally mode and the world markets at all time highs, it Is Ge and her investors that have lost 10s of billions of dollars, and not $SGSIF investors that lost anything. All SGSIF lost was a dead weight behemoth Ge partner that is going broke and could not fund its commitments to MEA/SGSIF. In Fatc the SEC is now investigating Ge accounting, which sounds Ge is about to be the next Enron???
Now its seems Plugger is about to fall under $2/share (way overdue), it should be going up with oil rising fast, but it's not, it can't even match the SGSIF recent break out gains, and now the third fuel cell stock, Ballard Power, other than SGSIF, is getting hosed in accounting concerns an a short seller article claiming they are about to drop 75%, when it is is already down 40% from last years high about 12 weeks ago, OUCH-thats gotta hurt.
"we have issued a "Strong Sell" opinion and a long-term price target of approximately $1.15-2.50 per share, or approximately 35% to 70% downside risk. Please review our disclaimer at the bottom." That is long drop from $5 it hit just 2-3 months ago, 80% loss, $500,000 Million dollar loss!!!
While $SGSIF showed a 1.5 Million dollar income, net profit the last quarter!!!
I can't even make this stuff up!!!In the mean time SGSIF/MEA still owns and controls the newest, safest, cheapest fuel cell technology that is ready for commercialization.
I think MEA/SGSIF is going to shock everyone this year, both divisions!!!
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