3 Worst investments: Zero Air Pollution
No return at all
Next, we look at ZAP (Zero Air Pollution). This company produces one of the only commercially available 100% electric vehicle lines in the U.S., but its stock just doesn't get the bad luster off its sheen. ZAP started the year at $.89 per share (it trades on the OTC boards), and right now stands at ... $0.89. In other words, no growth at all, even with some peaks of $1.41 per share during 2007.
ZAP makes an impressive array of green transportation products and struck some neat partnerships this year, but also produces quite a few vaporware press releases along with it -- which does not impress investors apparently.
In this case, you could have socked away a wallet in a safe deposit box for the year and came out equal. That is, no gain but no loss either.
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