SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.275-1.7%1:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkeye who wrote (4068)4/20/1999 2:21:00 PM
From: Tom_  Read Replies (1) of 5827
 
Re: <frustrated daytraders, selling>

Agree, Hawkeye!

A whole lot of daytraders bought in on the momentum during that last "buying-panic spike." All the way up to 40. And when they saw that BLDP wasn't momentum-ing higher than 37 this morning, they cut their losses or took their profits and got out.

Just a theory, but it makes sense to me.

Bonus Coverage. A true vignette for you: a German friend of my son e-mailed me from Germany last spring and said his Dad was interested in something called Ballard Power, and what did I think. My first thought was, What on earth is a German doing thinking about investing in a Canadian utility!

Well now we know.<g>

Best wishes,
Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext