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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Ciao who wrote (25)4/13/1998 6:50:00 PM
From: slick stevens  Read Replies (1) | Respond to of 6016
 
Mere speculation but...

I'm still not aware of what or who is driving the market...but judging by the trading patterns...someone wants into this play big time...

The market is being driven (volumewise) probably 85% by a key group of investors...with the remainder being tag-along day traders watching the story...the swings will be pretty radical from time to time...as the day traders get panicky on volume lapses...this morning was a good example...

My suspicion is that the main interest is coming from overseas, particularly German investors, who have noted the successful testing of the solid oxide fuel cells...particularly when viewed in conjunction with the German joint-venture partner...

There will undoubtedly be some wild swings in prices and volumes...but don't get excited yet...the real heart of this story is yet to be told...i suspect perhaps even months away...and i also suspect this is only the beginning of a long but volatile run-up...

Keep your ears to the ground and keep the faith...you'll be a richer man for it...

slick