
TSE:BLDP
This summary was created by AI, based on 1 opinions in the last 12 months.
Ballard Power Systems, traded under the symbol BLDP-T, is characterized by significant price volatility, which can be a source of concern for investors. While experts acknowledge the company's potential to provide innovative alternatives for vehicle propulsion in the long term, they caution that the stock experiences considerable price fluctuations, with large run-ups followed by substantial pullbacks. This unpredictability often correlates with the market's risk appetite, indicating that investor sentiment plays a vital role in the stock's performance. Many have owned this stock multiple times, reflecting a mixture of intrigue and frustration due to its erratic trading behavior. Overall, while there are promising prospects for Ballard Power Systems, potential investors should be prepared for its inherent market risks.
This burned a lot of people who thought fuel cells tech were the future. Toyota has announced--and is bucking the trend--that it's embracing fuel cells. That said, he's concerned about Ballard which is involved in one specific technology, which can be hit or miss because technology changes so quickly. It's a safer bet under the GEX ETF.
A play on hydrogen fuel cells. Went heavy toward autos, and explosive growth just hasn’t come through. Sector has consolidated around lithium ion. Market is going with the best technology, and the cheapest, and that’s lithium ion. Worries about Ballard. Bigger opportunities for hydrogen are in larger transportation, like ships.
This stock rises like a phoenix out of the ashes every now and again. There is always the promise of hydrogen fuel cells but it is never realized. From a quantitative perspective, it has negative price momentum, poor stability and currently, poor valuation because it has no meaningful earnings. If the stock was less illiquid, he would short it. (Analysts’ price target is $6.28)
This came down from 8X BV to almost a discount to Book, and then roared all the way back to 8X BV again and then fell back to 2X. It is all over the map. He still doesn’t see any earnings coming through, which makes the calculation of FMV very problematic. He would call this speculative, and wouldn’t be the kind of stock he would buy or recommend.
The chart shows a pretty nice return from July to now, with a nice base being built from early 2015. It is going to find resistance at around $4. This name is going to be really impacted by announcements/news. If you own and have a gain, he would consider taking half your gain off the table. Then if it got above $4 with momentum, then maybe you buy some more.