And so very predictably you, once again, fail to realize you are wrong. At least you are consistent.
Hey red...I am building a very nice home in the mountains next spring. Should I use hydrogen and fuel cells to power it? Or solar panels and batteries? Or should I default to coal, nuke and hydro from Duke Power? What about the fireplaces...should I use propane or wood or should I just forego the fireplaces?
Very few on this board are what they pretend to be.
But you, on the other hand, are one of the pumpers who apparently are quite ineffective at doing your job to manipulate the stock price upwards?
C'mon red...it's Ballard that has not been able to ignite the price due to a lack of blockbuster events/announcements...and you know it. Your pathetic attempts to blame others is so very infantile.
Of course. But think of the potential (no pun intended) of having 3 or 4 times the capacity of today's state-of-the-art batteries 10-12 years down the road. It could be a good answer for AE power storage/smoothing concerns near the end user as well.
Note the article today about magnesium batteries. Several times more capacity and density and potentially much lower flammability.
I'm not saying a bottom has been reached quite yet, but looking at those indicators I mentioned, I would watch to see if a turn is in the making over the next day or two. A price of ~$16 would be a reasonable upside target short term...
I get your frustration, but I don't believe someone is manipulating BLDP's stock price to keep it low. I think it is all about perception about BLDP's future earnings potential.
If you look at the mindset of the majority of Ballard optimists on this board, you will see that they believe BLDP's earnings/sales/profits are/should be going to explode in a rapid fashion and valuations will launch rapidly upward any time now. Unfortunately, The overall market doesn't seem to think that will happen. BLDP has had many years now (2 decades at least) to prove it has what it takes to provide the right products at the right price and into a market ripe to hatch. For whatever the reason (be it Ballard's or the markets) this has not come to pass. All Ballard has done is show that it's products, IP and/or the market will not perform dramatically enough to show anything but slow growth, slow penetration and modest earnings.
It is the slowness of the growth of the industry and its margins that have, and are still, hindering the stock price performance. I have said this for many years. Until the earnings expectations by the market as a whole show much more optimism than they have to date, the stock price will be stuck in a slow growth mode. That's where we are despite any board pumpers opinion to the contrary. I am long 8000 shares, but my enthusiasm match the markets enthusiasm and I am not succumbing to blind optimism. If the industry takes off Ballard should take off with it. But a few hundred cell tower backups or a few hundred forklifts or a few score demonstration vehicles are not nearly enough to create rampant enthusiasm.
Fundamentally the stock looks a bit weak for 9 months or so...at least according to the news bites. So I keep that in mind.
Technically, due to the weakness in the news bites, I believe the trading companies take full advantage of the situation. They likely short it until the pullback drops to a minimum in terms of price and volume...and... until they determine that shares have been accumulated to the point that some traders have shifted to long positions and are beginning to unwind their short positions. This process varies from stock to stock, but averages 1-2 months. It would be wise to keep your eyes on some simple indicators ie. Oversold/Overbought, MACD and OBV we should be able to see the minimum prices and the turn within a couple days of it happening. Then we can buy or play the options for an increase in the price.
That being what I will do I still need to watch the fundamentals...
Yes they are, and you should take full advantage of the situation when it presents itself so obviously and buy more or sell more at those extremes in price...
You can just give it the big O/T, then. Sorry you are unhappy. Freedom of speech is a freedom we have in this country. Just as is the freedom not to read any free speech.
Have a great day!
Steve, I don't agree with you. There are many on both sides who think debt reduction is a high priority, though I don't really know how it can be tackled without just 'defaulting' on some of it somehow, someway.
Congratulations to all who won this election!
I think we can look at reigning in the more extreme personnel, policies and regulations of the EPA.
I think we can rightfully dial back on the AGW hysteria agenda.
I think we can give a better vetting to any 'green' companies that want hundreds of millions of tax dollars.
I think we can start to take a closer look at our 18 TRILLION dollar national debt.
I think we can see if we can get the Keystone pipeline finished.
I think we can get Congress back in more normal legislative mode (Sorry, Harry...).
I think we can find more rational debate. (Though I worry about Ted and Rand....).
I think we can find a way to cut back on a completely unsustainable welfare state.
I'd like to think we can possibly get the President to only do what the Constitution says he can do.
More rational government is really needed badly.
You are not banned from the board because you don't currently own the stock! You can make your comments any time you want. (That's one of the few remaining liberties you have so cherish it)
They said they would be having undesirable financial issues in the fourth quarter. Traders love this kind of info to create up and down trading swings in the stock...
I don't think anyone foresaw a cut in oil prices this deep, this fast. If this holds up the sale of one or more rigs, or cuts short a current rig contract or leads to lower daily lease fees...then I can see the earnings falling to the point that it would be prudent or expedient to temporarily lower the dividend.
I would expect a dividend cut if this situation goes on another few months. It would be good for the company to pay down a little more debt. Oil is in a very emotional (dare one say irrational?) trading pattern in the short term, but it could even sag lower until the traders reverse course and start looking at longer term value. Still, I expect it to be rough sailing for awhile. SDRL's stock price could become more stable if a dividend cut was made...only then I would be inclined to buy additional shares.
Looks like 3rd quarters numbers were about as expected. 4th quarters numbers will take a hit due to transaction costs, divestiture hits and unwinding put options. All property transactions expected to be complete by 4th quarter.
Starting 2015 we should be able to get a good idea of long term performance as more financial stability will mark the year.
I think you need to settle down just a bit and see what the earnings announcement has to say. So much is speculation right now. I don't think anything anyone prognosticates is worth much until we see what the plans are for the next year. That will be in just a few days...
Li-on batteries are an input output 1.1 sham. That is why Tesla needs to build a giga-factory to reduce costs 30%. He actually needs to reduce energy inputs at least that much and more for Li-on storage and auto use to make sense. Good luck with that.
That's a little weak don't you think? Batteries started out as copper/zinc and fruit juice and have passed through many major advancements from lead/acid to carbon zinc to alkaline to nickel/cadmium to metal hydride to lithium (and so many more iterations) over the past century and many more potential advancements are in the laboratory as we speak. How many items can you make once and reuse 10,000 times before it wears out and can then be recycled all over again? Not gasoline. Not cotton. Not alcohol. Not food. (Just think of how inefficient food is from a recycle POV relative to how much energy it took to make it).
Musk is lowering battery costs by 30%, but he is gearing up for much better batteries 5 years from now. He is using PV and wind power to make them so the lithium batteries from this new factory are a far cry from the 1:1 net energy number in the article.
Overall the hydrogen to battery comparison is a lot closer than you think. You don't see fuel cells running tens of billions of power tools, flashlights, portable computers, phones and toys now do you? That's because batteries are a much cheaper, and much more functional, alternative than a fuel cell for these applications...