Weekend News

So after doing some Saturday morning reading, I found out that COP has announced that they are going to shop a natural gas field in China to help meet a rising demand. I see this being both bad and good for CLNE. Bad because of competition and COP is a really big company that can eat CLNE's lunch. However, COP being a much bigger company may help facilitate the movement of outside companies moving in. That should help CLNE. If they can just get started in China, that should boost up the shares. Then you always have CLNE being a takeover candidate. They are already established here and in Peru. COP is in the game but what if Exxon wants to get in? An easy way is to just buy up a small company who already knows what they are doing and build off that. Can you say 20% premium?! I just see so many upside reasons to own this stock and my favorite still being it's management in Boone Pickens. I know I said that I was going to wait until 14.50 to pick up more shares but I think I am going to start layering in on Monday. I would never forgive myself if I have been talking all this talk and missed the big run up.

Other notes:
Amazon.com just launched a downloadable music site that it plans to compete with Apple's iTunes. The difference between the two is encryption. Apple encrypts its files so that you can only use it on an iPod and you can only have it on 5 iPods. Amazon has no such thing. You can download it and put it on anything. This could be huge for Amazon. I am genuinely contemplating them as an investment.

Next week (Friday) is a very important economic number. Non-farm payfolls. Last month it was negative showing just loss not growth. Although it is expected not to look good (it lags one month), it should give some insight as to how bad this credit crunch has been.