DCH has now been featured or quoted 3 times this week,
one) is the Associated Press, quoting DCHT director Bob Walker
flash.oregonlive.com.
two) is the Detroit news, quoting Dave Haberman
detnews.com
three) the Boating idustry magazine article:
boating-industry.com
My speculation is that with PLUG being public now, and sporting a $ 670 Million
market cap, and BLDP sporting a $ 2 Billion plus marlet cap,
DCHT will eventually rise to over $ 100,000,000 market cap, over the next year or so,
which at 20,000,000 shares outstanding would be $ 5.00
I think for my portfolio that has been a risk worth taking all along, which is the bottom
line for me.
Meanwhile, you can stay long Ballard if you like which has nowhere to go stockwise but lower.
The $28 support level was breached earlier this week, and short positions have an opportunity to be placed with a $2 stop loss on a close over $30.
the downside target would be $22 to 24 initially, and if that broke, $ 16 to $18.
At $ 15.00 it would still be sporting a $ 1.2 Billion market cap, which is still unreasonable, but hey, why listen to me, I think a $7 million market cap for DCHT is rediculously low, and so far I havent much competition in buying all the cheap stock I want.
Eventually, I will be selling it to fools like you that suffer from poor foresight.
Sincerely,
Steve O
pemfuelcells.com |
