May. 24 at 1:11 PM
$WPRT Cali EV mandate overturned. Nat gas pipeline deals forthcoming. Nuke power coming back. Russian sanctions may be lifted by July 2025. Seems “common sense” really may be starting to take root. Could we FINALLY see the replacement of diesel trucks with NG? It’s been done before when we replaced leaded gas with unleaded. Or will Lucy continue to pull the ball from us knuckleheads longs? I think I pulled a hammy falling for the last (Volvo) pump. Someone on Yahoo Finance called it…stock surged to
$120 with Weichai news…but fell with the Volvo JV news. However, they’re not comparable…Weichai placed an order (that’s still unfulfilled) and Volvo bought 45% of the golden goose for liquidation value without competitive bids. Market cap down to JUST
$50 million…so why would Volvo not buy the whole thing? Buy it, keep the patents, and sell off the rest. THAT’s the question IMO.