payne_n_diaz: (Default)
payne_n_diaz ([personal profile] payne_n_diaz) wrote2006-04-19 07:20 pm
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Investments

A couple years ago I had bought a stock for a company that makes fuel cells for hybrid vehicles... I bought it at $9.50. It tanked not long after, as low as something like $3.00 a share. But the good news is that it has recovered and closed today at $9.55! Woo Hoo! Looking at aftermarket figures it looks like it is going to go up some more... I have considered selling it if it hits $10 a share, but something tells me that with renewed interest in Alternate Fuel vehicles and hybrids that it could continue to rise if I hang onto it... I dunno... I'll have to watch it and see what it does tomorrow.

[identity profile] sipperphoto.livejournal.com 2006-04-19 11:43 pm (UTC)(link)
I'd hold onto it for awhile... whne gas hits $4 a gallon like they are predicting this summer, people will start wising up and looking at alt-fuel vehicles.

I saw a deal on the news this morning that 60% of people polled said they would consider buying a hybrid, up from only 30% last year.

It's coming, and coming quick... I think if you sell now, you'll kick yourself later on.

My grandfather had a chance to buy into some new technology in the 50's called "Plastic". He didn't and continued to work his regualr job until he was 65, and then died a year later...

Which stock is it, if you don't mind me asking?

Jeff

[identity profile] modernarchetype.livejournal.com 2006-04-20 12:35 am (UTC)(link)
Ya know one would think this industry would be taking off...however my brother who is an engineer was designing hybrid buses and vehicle for a company that just went out of business and laid everyone off.

Luckily he had already seen the dimise and found a better job.