Registered User Joined: 8/11/2005 Posts: 26
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Anyone have an idea on what's going on with BLDP? Moneystream (or smart money) appears to have spiked on one day and disappeared the next day. I'm still trying to understand what this represents. What kinda smart money invests for one day and leaves the next day?
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Registered User Joined: 11/5/2005 Posts: 180
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I think whenever a stock advances as fast as BLDP has its going to have allot of short coverage, simply put it went up to fast so it came down fast.
I think MS is OK at this point, I think the bigger question is where or how is the base going to form and where the next opportunity to jump in is? I think a pullback to the 21DMA as volume dries up is likely then look for a buying opportunity, of course have to see how it develops.
Any thoughts on this?
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Registered User Joined: 12/31/2004 Posts: 382
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I donot like the float on BLDP ..I gBLDP $ 9.71 Ballard Power Systems Inc. 0.37 Shares Short 5,931,622 Days to Cover (Short Ratio) 9.2 Short % of Float 8.63 % Short % Increase/Decrease -3.67 % Squeeze Ranking™ 101 Price % Change (52-wk) 126.70 % % from 52-Week HIGH ( 13.14 ) -35.32 % % from 200 DAY MA ( 5.61 ) 42.22 %
% from 50 Day MA ( 7.52 ) 22.55 % % from 52-Week LOW ( 3.40 ) 64.98 % Shares Short -Prior Mo 6,157,776 Today's Trading Volume 3,360,194 Avg. Daily Volume 645,591 Today's Volume vs. Average 520.48 % Market Cap 1,099,009,313 Outstanding Shares 113,183,245 Float 68,710,000 % Held by Insiders 0.04 % % Held by Institutions 11.40 % EPS -0.61 PE Ratio Sector: Industrial Goods Industry: Industrial Electrical Equipment SI Record Date 2006-Apr Exchange NSD Data provided without warranty.ot this IFO from short Squeeze
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