Westport (WPRT)

Hey Saul -

I noticed, but didn’t closely follow your work on the SA WPRT board back then - but I do recall you posited that PSIX was a better choice then WPRT.

I found this post from September of 2014 (it is an SA post - sorry to those w/out access) where you were similarly posting an “I told you so” message. (I’ve no problem with you doing that by the way - you did call it!)

http://discussion.fool.com/1081/wprt-31429103.aspx

In that linked post, you recalled that you had earlier asked (and gotten folks angry as you say) why one would buy WPRT (a firm that was losing money)when they could buy PSIX - a similar company that was growing and profitable.

Both stocks were at about $29.50 at the time when you were suggesting PSIX over WPRT. By the time of the September 2014 post, WPRT was at $11, PSIX was at $69.

Just thought I’d point out that PSIX trades at $14.46 today. Still better then WPRT, no doubt - and you likely would have sold it as some point or another before the bottom fell out, but it think its important to point out that PSIX has fallen quite hard as well.

I still hold a tiny position in WPRT (was one of my small speculative allocations way back when - a solid 95% down now so it’s minuscule now…) I’d not be surprised as all of WPRT goes bankrupt, so I do intend to close out my position just to avoid all the pink sheet/delisting nonsense if it comes to that.

Thanks for the work you put in here.

Greg
BJRI, DAR & LUK Ticker Guide

See all of my holdings here:
http://my.fool.com/profile/CMFGalapagos/info.aspx

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