RE: RE: They usually get a bump... Abusive language is the last resort of the small mind. That said: Vara, didn't you predict a share price of $8 a year ago, and call me an idiot when I recommended to get out at $1.15? You don't learn all that quickly...
On the Chrysler order, EFL got less than $20,000 per system. This Dongfeng system is 50% larger, but the battery prices have dropped in the last 3 years. Let's be really optimistic and say that they will get $25,000 per system. As a prototype order, the volume is likely under 10, but we are really optimistic again and say that they got a P.O. for 20 systems. That's $500,000 in sales, or roughly one, maybe two, months worth of sales. Somehow - with their last pride and joy having just gone up in smoke - that does not justify a market capitalization of $30 Million. But hey, retail investors may bid this up to a $1.00 or higher. That's fine. If it goes up high enough, I can short it again and I will make a mint. I consider the core competence of EFL to be the ability to secure government money; for this reason, they will probably survive into 2014, even though they should run out of cash by December, when their $5 Million loan is due for repayment.