OT: wall street
> Wall St. doesn't/won't care about this deal
Wall Street doesn't care about this company -- period.
One, It's small, and the markets hate small right now. See Russell: russell.com Top 200 up 28%. Midcap 800 up 4%. Small 2000? Down -9%. OE is too small for inclusion in the 2000, or just barely makes it.
Two, it's not OE.com.
Three, the risks are too obvious: deal risks (no manufacturer has to use OE), technology risks (HPDI, 'fool cells'), financial risks (convert, convert, convert), industry risks (auto industry highly cyclical), currency risks (not real but perceived due to ADR status).
Four, there's no reason to support it: no likely i-banking fees.
I remain happy with my initial investment. If the markets turn, giants (GE) could go nowhere while small caps do well; public opinion can turn on a dime; OE could come through by signing real deals and retiring the convert. That train of 'ifs', of course, indicates why I am not tempted to increase my small position.
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