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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (8560)12/18/1997 10:24:00 PM
From: Lazlo Pierce  Read Replies (2) of 9285
 
Roger and All, someone mention BLDPF (Ballard Power), the other day. I've been following this one for awhile. Watched it jump 20 points in 3 days a few months back, and fall 18 in one. It has jumped about 20 points again over this last week, while riding some news momentum up. This is a very interesting story stock, and at some point MAY be the real thing, however.... in the short term, this is a company that will not turn a profit for many years to come, if ever. Its got a market cap now of 1.2B (15.4M x 79)I've shorted this one a few times, but am starting to load up here in the 80s. Support one again is ~ 60

Dave
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