Pump's daily trading recs, emphasis on short selling Message Board

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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who wrote (678)	5/17/2001 4:17:13 PM
From: James Hutton	Read Replies (1) of 6873

I've been shorting BLDP since November, with good success. Shorted more today, although underwater on shares shorted just above 52 (I'm long CPST to hedge this short a little bit). I'm not sure how tax credits help a company which has no prospect of earning any money (and hence paying any taxes) for the foreseeable future. I guess there could be some indirect benefit if the auto manufacturers pump up manufacture of fuel cell-based autos, but they're already doing that to some extent. In short, I see nothing substantive today, except rampant speculation. I think it could continue through the open tomorrow, but think profit taking will set in tomorrow PM. JMHO. Good luck.

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