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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.720-5.9%Dec 12 9:30 AM EST

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To: David B. who wrote (1952)3/19/1998 1:00:00 PM
From: Craig Ferguson  Read Replies (1) of 5827
 
Tomorrow, Ballard is being added to the TSE 100 index, replacing one of 9 companies that are being delisted. In the USA, when companies get placed on the S+P 500, institutions have to buy the company to reflect their index funds. Same here. Perhaps we could use this dip right before it gets listed tomorrow as a buying opportunity, as it looks like to me that there will be more buyers tomorrow, especially big buyers buying huge lots. I've noticed S+P companies getting listed pop up in price that day. I simply assume the same could happen tomorrow, IMHO.
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