RE:Stock should go higher to reflect realityThats flawed logic. Right now the natural gas and oil markets are both tight. Natural gas may get extremely tight if there is a cold winter. Westports main business is natural gas engines for trucks and buses competing with diesel engines. The business model was that natural gas was cheap and woulkd remain cheap relaitve to diesel. So if more natural gas is used in power plants it will increase the price of natural gas. Thats not good for Westport and is why the stock is down.
Longterm natural gas prices in N.America may reach world prices as more LNG export comes on stream, world prices are usually much higher than NA prices. Thats even worse for WPT.