I've had Ballard (and other FC stocks)for more than 2 years. IMO with the world population going up, energy running out even if they find a lot of oil in Alaska, with global warming, with third world countries developing. Even the oil men hiding in the Bush's can't stop the eventual development and distribution of fuel cells and the products that will use them. I also believe other countries like Japan and Ice land will be first. The U S maybe near the end.
Thanks for redponding. Generally I agree. I really liked the part about "oil men hiding in the Bush's". Hahahaha
What can you tell me about how you perceive BLDP's 2 to 3 year prospects? .....I know they're not yet profitable, but any idea when they'll come close? Thanks for any help in advance! Good investing. MR
So to try and get to point to answer your question, in my opion don't believe or count on much you get from these message boards, as you don't who is responding to you, some one trying to influence the companie going up or influence it going down. Some that maybe a college educated inteligent person of a drop out con. Maybe even some one from the companie plugging or knocking it down. I would suggest reading the news coming from the company you are interested in after reading their annual and quarterly reports, which I believe are supposed to be true and accurate or they may get into problems with the securities and exchange commission. I'm not a really big reader and don't usually have time for a lot of reading but I suggest you get a copy of Powering the future the Ballard fuel cell and the race to change the world by Tom Koppel. I had ordered it before it came out. I can't believe I read a book about a company in less than 2 days. For me that is really something. I guess I'm really interested in Ballard. He also made the book entertaining. So getting info and where you get info on a company I would guess would be the best advice I can give. But I don't always even follow my own advice. Some times I gamble on my gut.
I'm only a guy with a high school education, close to retirement that over the years invested in the stock market about 3 previous times in my past and lost every time. Usually from advice from stock brokers. I found info on fuel cells back around 98 I think from a partial news report from something Al Gore was saying. I missed most of that report and found on the internet the next something that report may have been about that was about fuel cells and auto's. From there I found things about Ballard and other fuel cell companies. So I'm not any kind of an expert. I'm in this for what I consider the long run. From all the different fuel cell and fuel cell related companies I was invested in a year ago I was up over $100,000 I didn't want to sell out and pay income tax selling them, and now a year later I'm loosing a little from all I have invested. So I just watched it slowly kind of disappear. But my plan was still the long run. I have bought more as the market came down, and I plan on buying more Ballard. I think the reasons I went into this in the first place are still there. I think the time is getting closer and a lot more companies are now into trying to develop fuel cells. I'm also into companies that I believe will be suppling materials and fuels ect for the fuel cell. To Be continued.