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 : Millenium Cell (MCEL)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkmoon who wrote (39)5/1/2006 5:01:38 PM
From: ItsAllCyclical  Read Replies (1) of 55
 
Was surprised that MCEL didn't close higher today, but looks like there were more than a few ST traders that knew in advance of this and simply sold the news. If you looked at the bid near the close there were some big buyers looking to accumulate shares. This one should grind higher, but ultimately this is still more of a 2-3 year play that could/should spike higher from time to time to allow for some ST profit taking. Agree their technology does look very promising. I just wish I would have known about them 2 years ago. At these prices it's hard to say MCEL is dirt cheap based on future cash flows or earnings, but certainly compared to their sector they are dirt cheap and they don't at least look expensive yet based on future potential earnings/cash flow.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News