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 : Ballard Power -world leader zero-emission PEM fuel cells
BLDP 2.660-2.0%3:15 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kristine Benson who wrote (2753)6/15/1998 8:03:00 PM
From: Ron Everest   of 5827
 
KB: I too have been puzzling the events of the past 5 trading days for Ballard. Can only conclude that the stock has been overvalued. The news writers were debating this about three weeks back and has been poised for this correction for some time. Not enough value for the capitalization IMO. Products may not be efficient enough as yet and the markets are realizing that there is a lot of water in the price. Sorry for the negative view, but just my opinion. Waiting for a buying opportunity when the price stabilizes.

Would like to hear from others as to why the price has taken such a dive.

The following are in C$ Note accelerating negative trend.

BLD Ballard Power Systems Inc -
Stockwatch Bulletins:
1998.06.15 04:43 Globe says high flying stock loses some altitude
1998.06.12 02:04 CFO resigns
1998.06.02 06:10 Post says Ballard Generation deal boosts stock
1998.06.01 05:31 $11.6 million order from GEC ALSTHOM
Close prices:
1998.06.15 T 43.50 39.10 39.10 -6.50 378262
1998.06.12 T 47.00 44.00 45.60 -2.40 472005
1998.06.11 T 51.30 47.65 48.00 -3.30 280340
1998.06.10 T 53.50 51.25 51.30 -1.70 108632
1998.06.09 T 54.25 52.90 53.00 -0.60 186898

Best regards,
Ron E.
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