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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?


To: norm roberts who wrote (7408)4/17/1999 9:18:00 PM
From: John Fairchild  Read Replies (1) | Respond to of 62348
 
So what will the real traders be doing Monday?

John



To: norm roberts who wrote (7408)4/17/1999 9:24:00 PM
From: the Chief  Read Replies (1) | Respond to of 62348
 
Well norm...it really doesn't matter if its 2 FC or 200. Its not the order that counts its the credibility that the NR gives to the fuel cell. Most companies invest early so as to get first dibs if it is a success. Ballard was smart they started off with a reputable firm Daimler I believe and the others followed. We have Rolls Royce and Delphi. Delphi will be an independant by end of May and will have no relationship to GM.....therefore I see this as the "main marketer" for GLE fuel cells in the future. So I don't really expect a whimpy contract.

In the meantime, GLE likely won't see $7.00 in the shortterm. Not because the Daytraders couldn't flush it there, but because the Europeans have endorsed this technology and have stated that this is a "significant breakthrough". They have been unable to achieve a heat reduction like this..nor a the sizeable power increase.....experimenting with the same technology.

So between the daytraders and the europeans..the stock will likely sustain. I sold BII at $19.00 and am very happy. Not because I don't like riding stocks to $30.00 but because I put my BII money in GLE.

the Chief



To: norm roberts who wrote (7408)4/18/1999 2:54:00 PM
From: Stephen O  Respond to of 62348
 
Bay street had never heard of this stock a week ago. The Internet has opened up a whole new way of getting news out. I suspect that GLE has not yet hit a European Newspaper or a US one. Pls correct me if I'm wrong. US investors generally place market orders, limit orders are rare on NASDAQ. It could be explosive.