Clean Energy Fuels Corp. (NASDAQ:CLNE)  Founded in 1996, Clean Energy (CLNE) provides natural gas as an alternative fuel for vehicle fleets in the US and Canada. The company designs, builds, finances, and operates fueling stations, supplying compressed natural gas (CNG) and liquefied natural gas (LNG) to customers in the public transit, refuse hauling, airport, taxi, seaport, and regional trucking markets. Clean Energy is based in Seal Beach, CA.

 

Over the past 52 weeks has bounced back over 55% from its 52 week low. Since the New Year, Clean Energy Fuel Corp. has climbed from closing 2011 at $12.46 to over $14.00 a share.  Over the coming month ahead, Clean Energy Fuel Corp. should continue to climb to Higher levels possibly surpassing their current 52 week high $17.85.  Since the PoulTrend Alert of which was announced back on  10/14/2011 @ $11.48 (CLNE) has climbed over 22%. As of close on Friday January, 20th, 2012

 

On the Day – Clean Energy Fuel Corp. traded up +0.20 (+1.45%).

Even at $14.oo a share, I still believe (CLNE) is Undervalued. I still have them a BUY, with a 2012 Target Price at $17.00 a share.

 

I currently hold a Long term position in this company, and have no plans of adding a new position within the next trading days.

clean energy

Image by scottjlowe via Flickr

 

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