MXWL was recommended by Power Portfolio (then named Green Chip Stocks) at $12.79 in Investment Digest issue 676, dated August 4, 2012.
“After some early gains in the beginning of the year, I know many of you sold Maxwell Technologies, Inc. (MXWL, $6). But for those of you who were holding out for a Hail Mary after the stock got sideswiped back in May, you may want to consider unloading it.
“Despite reporting a 7% increase in revenue, yesterday’s forecast was about as dismal as they come. Bottom line, the company is going to struggle hard well into the next year, and it’s really just going to be a liability for the foreseeable future. And honestly, there are just better, safer places to invest. There’s just too much risk involved with this one now.”
- Jeff Siegel, Power Portfolio, October 26, 2012