If you could, would you?Ok, here’s a question for you… “If you could go back in time and buy Henry Ford’s stock, would you?
Now this is not Henry Ford’s stock, but Henry Ford didn’t market his products to the entire world.
Westport is in a position to be the only major (and viable) alternative to gasoline or diesel fuel, AND they are in a position to be able to sell their product to ANY engine manufacturer world wide; making this investment many times more valuable than Henry Ford’s stock was.
Ok, ok… I can hear you now, “The oil companies won’t let it happen.”… I say, “Don’t bet against it” because the oil companies know that they have to do something different. I believe the last thing they want to see is the end of the internal combustion engine. So, they buy Westport stock and wait as it rises in value. They see Westport moving into the markets that would disappear from them anyway (buses, garbage trucks, airport service vehicles, government vehicles, trains, inshore boats, etc). They know that the oil supply is going to run out, so they hedge their bets. They buy Westport stock and watch it appreciate in value. They publicly announce that the known world wide supplies are diminishing (like Pickens says they are) and oil goes to $400.00 a barrel. They still make the same amount of money they would of if they had gobs of oil at $140.00 a barrel and they extend the life-time of the remaining oil reserves by centuries because Westport has reduced the demand by a double digit percentile.
They see a huge profit on Westport stock, and they still see the same profits on oil that they did all along… plus, it keeps technologies like fuel cells and perpetual motion machines as a hopeful dream for the future, and the infernal combustion engine lives on… its beautiful!
P.S. And the really great part for Westport… they have so many patents that cover so many different aspects of NG and LNG systems that they don’t have to sell entire systems; they can market each component to whomever requires that technology to make their NG systems work and still make huge profits...