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 2.780

+3.3%

Nov 26 3:59 PM EST

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To: t36 who wrote (2980)	8/3/1998 10:54:00 AM
From: fut_trade	Read Replies (1) of 5827

Patience should work well here. The stock is still below the 50 and and 200 day MAs. The 50 day MA might soon cross below the 200 day MA, which I consider to be non-bullish indicator. I'm looking to get in within the next few months. Also, the CFO left the company rather suddenly not too long ago. It might or might not amount to much - but adds to the uncertainty. Toyota and Honda plan to have PEFC powered cars in production in 2003 I believe. So BIG revenues are not coming in anytime soon. Look for increased expenses as the company shifts gears to ramp up production.

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