Westport Fuel Systems Inc T.WPRT

This are unravelling pretty fast? Buying Opportunity?

[Bookworm28]

I emailed the Co. a couple of days ago to ask about their previous JVs, to see how they're progressing, and if they'll be renewed...and haven't heard back.

I assume they're continuing as planned, but the price has been unravelling over the last month for no reason.

PS, what's your take? You said to wait until it's under $6 to buy, but now what? Falling knife, or buying opportunity?

Anyone spoken to the Co. recently?

TIA for comments.

[PuerSimia]

Hey Bookworm. Like I said in my last post, why did they enter into a  collab with AVL? That tells me neither company has 100% confidence in their respective H2 ICE engines to go it alone. Why split the H2 ICE pie if you don't have to? The collab with TUPY on the other hand makes sense. On the technical side, it looks like we're going to test $4.19 U.S. tomorrow. If $4.19 doesn't

[Bookworm28]

You called it. Support was tested around $4.19. It didn't break. It popped up earlier, but now it's starting to fall back. I think I'll stay put until a change in direction becomes clearer. Thx.

[Bookworm28]

So glad I waited. It started off strong this morning, then fell back to break support. It looks like we might go under $5 (Cdn). Obviously the JV was not a hit with investors. Where's the bottom? The low for the year was $1.70 (Cdn).