Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

BLDP 2.710

+1.1%

Nov 21 9:30 AM EST

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To: Urlman who wrote (2889)	7/16/1998 11:17:00 PM
From: Panita	Read Replies (2) of 5827

No news, no articles, no volume = TEMPORARY decline in stock price BLDPF's stock price moved up when the stock price hit the low this was followed by a quick and rapid climb in the stock price. IMHO at the current price any announcement will move the stock up to 34-36 a 33% increase from today's price. Look at the three month chart. We are close to bottom. Today and last week when the stock hit 27 shares were bought on weakness. quote.yahoo.com I bought today and will sell 75% of these shares when BLDPF hits 34+. (I sell after a big move up starts to slow down) Bottom line: No news, no new articles, no volume. Key is if we can hold above 26-27 as the bottom then IMHO we are OK. If a $1,000 investment in Dell in July 1995 is worth $ 30,000 today imagine what BLDPF can do. Bottom line is that BLDPF has the big guys under their wings: Ford, Mercedes, Volswagen, Nissan, etc., etc. And most of these ventures were just announced. Don't let the recent decline bug you too much; it heps to write down why you bought BLDPF and if the reasons that you bought are still true HOLD.

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