Clearsign (CLIR) – Still An Abundance Of Potential
[Originally published for subscribers on 11/14/16]
Combustion Corp. (CLIR) reports after the bell today, followed by a conference call at 4:30 p.m. ET (dial-in instructions here).
Rating & Summary: BUY. Despite improved messaging, the completion of multiple commercial installations and the presentation of key data at industry conferences, shares are trading back where they were one quarter ago. Blame it on investor uneasiness about the company’s cash position as we head into 2017. However, I don’t believe CLIR will have a problem raising additional capital given the company’s near-term commercial prospects. There’s still an abundance of potential value on the cusp of being realized. Accordingly, shares remain a compelling “Buy” at current levels.
WHAT TO LOOK FOR
Progress On Refinery Installations: Per recent announcements, the installations at Tricor and…
[to continue reading - and receive complimentary access to additional research on CLIR - please sign up here.]