Quick Win by the Algorithm

Clean Diesel Technologies Inc. (CDTi)

On July 8th, 2016, the I Know First algorithm gave a bullish signal of 11.24 for the ticker CDTi with a predictability indicator of .14. In accordance with the I Know First algorithm, CDTi developed into a quick win with an 83.86% return in only 7 days.

Clean Diesel Technologies (CDTi) manufactures and distributes light duty vehicle catalysts and heavy duty diesel emissions control systems and products to automakers, distributors, integrators, and retrofitters in the United States, Canada, Sweden, and the United Kingdom.

CDTi’s stock price has spiraled downwards over the past year. This was a result of numerous calamities: terrible financial and quarterly reports, products whose demand has been falling, the departure of their CFO, lost tax credits, and a funding problem with their emissions. CDTi’s stock price was a little less than 2 dollars and was at $.38 on Monday, July 11th.

On July 12th, CDTi announced it will be providing Honda with catalysts using CDTi’s Mixed Phase Catalyst in Honda’s 2017 Accord Hybrid model. The Mixed Phase Catalyst helps with fuel efficiency and releases less CO2 into the air. This will require thousands of Mixed Phase Catalysts as Honda’s are very popular all over the world. This will not only cause an increase in production for CDTi, but this deal also caused CDTi’s stock increase to $.68. This 83.86% increase was in accordance with the I Know First algorithm’s prediction.