Hybrid Heads Up - Federal Budget 4:00 PmHave you guys been paying attention to the other Hybrid Transport play Azure Dynamics Lately. It's current share price Volaitility reminds me very much what happned to Railpower a few months back. Azure Just completed a $30 Million Financing at $0.85 4 months ago. It is insane where this stock has been manipulated to recently. $90 Million Dollar MOU with Canada's Largest Courier Company Purolatir Courier could get a real boost after Today's Federal Budget annnouncement. Rumours of some serious Early Adoptor Funding up to the Tune of $200 million could be available to Corporate Fleets who adopt Hybrid technology for their Fleet vehicles. Ther could also be mandates that industy may have to adopt. It all spells for some explosive action for AZD Share price in coming sessions if and any of it comes to bear fruit. The budget will be heard in the house by Flaherty at 4 p.m. Monday
AZD oversold Just like Railpower was a few months ago.