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Thoughts on CLNE

Posted on 5/29/14 at 11:38 am
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8487 posts
Posted on 5/29/14 at 11:38 am
I picked up a few shares of this back in April, mostly on a whim, but I figured if Natural Gas is really the resource of the future, then this will be something good to hang on to. it's up 25% since I bought in at $8.80.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 5/29/14 at 2:57 pm to
i have a very large position and I really believe in this stock.

this link is to a roughly 2 hour interview with Andrew Littlefair. But if you are serious about how you invest, it is worth the time.

LINK
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8487 posts
Posted on 5/29/14 at 3:26 pm to
I wish now that I picked up a few more shares when it was at $9.50 a week ago, but I'm still pretty new at this, so I didn't want to tie up too much into it, even if it is going to be a buy and hold stock for me.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 5/30/14 at 10:49 am to
nobody else has anything to add?
Posted by ynlvr
Rocket City
Member since Feb 2009
4583 posts
Posted on 5/30/14 at 11:47 am to
There was some buzz on Seeking Alpha (credibility??) that CLNE was too heavily committed to LNG vs CNG and that CNG was the up and coming fuel. I'm not so sure that CNG has a better future than LNG. Dunno.

I do know that CLNE is the fastest out of the gate with their LNG stations and are securing decent partnerships. They are also capable of converting to CNG if that is the way the future goes. But that will drain capital as it is not in line with their current bet. It's one of those risky ventures that will go sharply higher or fizzle out in the end. Boone Pickens has been fun to watch through this process. Classic Texan.
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