Westport Fuel Systems Inc T.WPRT

Alternate Symbol(s): WPRT

Industrials

Westport Fuel Systems Inc. is a global company focused on engineering, manufacturing, and supplying alternative fuel systems and components for transportation applications. Its segments include Light-Duty, High-Pressure Controls & Systems, Heavy-Duty OEM, Corporate, and HPDI joint venture (JV). Light-Duty segment manufactures liquified petroleum gas (LPG) and compressed natural gas (CNG) fuel storage solutions and supplies fuel storage tanks to the aftermarket, original equipment manufacturer (OEM), and other market segments across a range of brands. High Pressure Controls & Systems segment designs, develops, produces and sells components for transportation and industrial applications. Heavy-Duty OEM segment provides transitional services. The HPDI JV sells systems and components, including LNG HPDI 2.0 fuel system products, to engine OEMs and commercial vehicle OEMs. Its fuel systems and associated components control the pressure and flow of alternative fuels.

TSX:WPRT - Post by User

Westport Fuel Systems Inc

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Comment by ChiChi3on Jan 30, 2008 11:09am

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Post# 14288801

RE: If Texas billionaire buys now, so do I

I agree Westport1, billionaires don't make investments in hopes they will make 10%, more like 100-500%. I sold out all my positions yesterday and at the time, I was happy to do so in hopes of buying at lower prices. But with the Pickens news, I jumped back in today at about the prices I sold at, and was again happy. Now why hasn't the price jumped? IMO Pickens is showing that WPT is worth a lot more than $2-$3 a share. Also, given the news release indicates he may buy more if market conditions are favourable, this puts a solid base on the stock. So, we've got a stock that has a solid base (lowering the risk in the stock) and huge potential. Seems like it should be a lot higher than $3 soon. Chi.

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