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To: thackney
Westport Innovations, which manufactures natural gas-powered truck engines, recently reported it is building a railroad locomotive engine that can run on LNG. During 2012, the company saw "broad consensus" for the first time that natural gas will take material market share in every global transportation market within the next five years, said David Demers, chief executive officer for Westport, during the company's third quarter 2012 earnings update Nov. 8.

Westport Innovations, (WPRT), bought 200 shares a month ago.

11 posted on 12/12/2012 8:01:51 AM PST by TruthWillWin (The problem with socialism is that you eventually run out of other peoples money.)
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To: TruthWillWin

I understand that the infrastructure isn’t in place to build the engines, but perhaps the five year window will make it a reality. ?


18 posted on 12/12/2012 8:35:55 AM PST by sarasota
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To: TruthWillWin

Analysts at NASDAQ are bullish and put the price at $38 within a year. Thanks for the tip.


20 posted on 12/12/2012 8:41:40 AM PST by sarasota
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