Well here's a few things to ponder!
1) Ballard is currently trading at about $48.00 with a little over 83 million shares out.
GLE is about $5.00 with only about 16 million shares out right now!! Even with the warrants thrown in (3.3 million), that only puts GLE's float up to about 19.3 million!!!
Worth noting. Ballard has already had a 3 for 1 split. Ballard was trading up in the $140.00-$160.00 range with about 23 million shares out at the time.
2) According to the head of Fuel Cell Technology for GLE, GLE's Solid Oxide Fuel Cell on a head to head comparison with Ballard's cell is suppose to put out TWICE the power using HALF the size.
3) The first paragraph of their recent news release says it all:
<<<<Global Thermoelectric has achieved record power output in the first test of a new proprietary design solid oxide fuel cell. The breakthrough in materials and construction will allow Global to address new opportunities in telecommunications, automotive and residential power generation markets.>>>
The key words and phrases that I really like are as follows:
a) "ACHIEVED" i.e., they actually DID IT, as opposed to someone's dreams only on paper.
b)"PROPRIETARY DESIGN" i.e., they own the rights to it!!
c) "RECORD POWER OUTPUT" I think even they were surprised!
4) GLE has a GREAT story, which I personally think is very important. So often, there are good stocks that have a technology that...despite being really good...people just don't understand and the stock languishes. Put in it's simplest terms, people like to have a basic understanding of what they're buying.
GLE has that "understandability factor". Ballard has lead the way in this department, and I would hazard to guess that the masses of the investing public certainly "know their story". Well here comes GLE. Their story is immediately understandable, and what is immediately attractive is that it is perhaps a better story than Ballard's!!
Do the "masses" know of GLE yet? No......but I imagine they soon will! Soon enough (days and weeks), I imagine there will be broker recommendations, major media attention, and fund buying. <gggg!!!> The only thing we have seen so far is one write-up in a Calgary paper, and a one paragraph mention in the Globe under "market movers". Not much coverage and certainly not well known yet. When that changes, I expect GLE to go up very strongly.....far more than it has Friday and today.
5) GLE is listed on the TSE. For many people, this gives them an added sense of security or willingness to buy once the story gets out. I think this is a significant advantage over being listed on one of the smaller exchanges or OTC which can be a real impediment to buying for many investors.
So where to from here? I think this will be a truly amazing updraft over the coming days and weeks. Just my thoughts, but from my point of view, ALL the elements I like are there in spades!!
Regards,
Kevin |
