Rochester,NY 7/8/2009 5:18:39 PM
News / Finance

End of Day Results - SPAR - Spartan Motors stock lowers harshly as its customers lose out on Army vehicle order - Sourced WhisperFromWallStreet.com

SPARTAN MOTORS INC.

End of Day Results - SPAR - Spartan Motors stock lowers harshly as its customers lose out on Army vehicle order - Sourced WhisperFromWallStreet.com

WhisperfromWallStreet.com is a FREE award winning newsletter that specializes in sending alerts to our subscribers on stocks we think are going to run, why we think so, as well as teaching you how to become a better trader. We scan hundreds of stocks a day to find those that meet our criteria and when we find one, we send you an alert. We have sent out 40 alerts so far in 2009 with an average price gain of over 80%. Please join risk free and see for yourself.

Sign up for our FREE alerts at WhisperfromWallStreet.com

---

SPARTAN MOTORS INC.,SPAR

After Hours: 0.00 N/A (N/A) 8:00PM ET


Shares of vehicle chassis maker Spartan Motors Inc. plummeted nearly 30 percent Wednesday, a day after two of its customers lost out on a $1.06 billion Pentagon contract to build 2,244 all-terrain vehicles for U.S. Army forces in Afghanistan. Spartan had been expected to provide subcontracting work for BAE Systems or Force Dynamics, a joint venture between Force Protection Inc. and General Dynamics Corp., if either of those firms won the contract. But when the Army awarded the deal to Oshkosh Corp., Spartan was essentially left out the mix, said Joe Maxa, an analyst with Dougherty & Co. LLC. "There was certainly high expectations that Spartan would be involved," he said in an interview with The Associated Press. "They were well positioned to participate, but it just didn't turn out that way."

About

Spartan Motors, Inc. engages in designing, engineering, and manufacturing custom motor vehicle chassis and bodies. It operates two segments, Spartan Chassis and Emergency Vehicle Team. The Spartan Chassis segment engineers, manufactures, and markets chassis for fire trucks, motorhomes, and specialty applications, such as military vehicles, trolleys, utility trucks, and crash-rescue vehicles. It markets its products through the direct contact of its sales department with original equipment manufacturers, dealers, and end users in the United States and Canada. The Emergency Vehicle Team engineers and manufactures emergency vehicles built on chassis platforms and aerial ladder components for fire trucks. Its products include pumpers and aerial fire apparatus, heavy- and light-duty rescue units, tankers, and quick attack units, as well as advanced-care ambulances and rescue vehicles.

Last Trade:      7.47
Day's Range:    N/A - N/A
52wk Range:    1.31 - 11.75
Volume:           0

---

Here are a few alerts our WhisperfromWallStreet.com subscribers enjoyed.

SPNG 1000%

AMNG 241%

RKBD 300%

UTRM 169%

TLLE 266%

Sign up to receive free stock alerts

---

Disclaimer: Full disclaimer at
http://whisperfromwallstreet.com/disclaimer.php

WhisperfromWallStreet.com (WFWS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by WFWS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WFWS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.whisperfromwallstreet.com or mentioned herein. WFWS may have been compensated with shares or with cash from third party shareholders or the company on behalf of one or more of the companies mentioned in this opinion.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WFWS undertakes no obligation to update such statements.

This is not a solicitation to buy or sell any securities. WhisperfromWallStreet.com, nor any of its affiliates are not registered investment advisors or a broker dealers. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.

CONTACT: WhisperFromWallStreet.com