What is left if the auto fuel cell biz is gone? I ask because when I think of Ballard I think fuel cell...
Automotive was just one of the fuel cell segments (which provided only losses and virtually no revs either). They also have Power Generation and Materials Products segments. Materials handling, backup power, residential cogeneration, etc. Ballard will still retain a stake in the auto biz though. But this just allows them to quit pouring money into it when it will not be a reality for many years. Plus, they still have the bus market, not part of this sale. And I believe they can use future auto applications on their buses.
Quote Originally Posted by wallstreetcappers:
Depeche,
Isnt that the GUTS of the business?
What is left if the auto fuel cell biz is gone? I ask because when I think of Ballard I think fuel cell...
Automotive was just one of the fuel cell segments (which provided only losses and virtually no revs either). They also have Power Generation and Materials Products segments. Materials handling, backup power, residential cogeneration, etc. Ballard will still retain a stake in the auto biz though. But this just allows them to quit pouring money into it when it will not be a reality for many years. Plus, they still have the bus market, not part of this sale. And I believe they can use future auto applications on their buses.
Interesting though, I think there are bargains to be had with certain stronger investment stocks as they keep getting nailed..the better names like WFC or BAC etc..and I will hold IMB though it might take some time to realize a profit.
Rat,
You have been missed big guy..
Interesting though, I think there are bargains to be had with certain stronger investment stocks as they keep getting nailed..the better names like WFC or BAC etc..and I will hold IMB though it might take some time to realize a profit.
sit cash, short the financials esp rudderless ships like C and
MER. commodities and gold and dollar shorting and tech have become very
crowded...what happens when people want to take profits from those
trades?
i guess we're seeing whats happening...the very narrow group of 10-20 stocks that's kept the mkt afloat are now being pounded to having profits taken from trades starting in august
i just hope its a slow unwind and not a violent crash
posted this tues morning at 7:19:
sit cash, short the financials esp rudderless ships like C and
MER. commodities and gold and dollar shorting and tech have become very
crowded...what happens when people want to take profits from those
trades?
i guess we're seeing whats happening...the very narrow group of 10-20 stocks that's kept the mkt afloat are now being pounded to having profits taken from trades starting in august
i just hope its a slow unwind and not a violent crash
Tried to snap up some SPWR 130s on the cheap but they didnt get that cheap yet.
Very interesting in the options pit seeing these computer programs being turned off and the real traders need to come in, and with it the spreads are horrendous.
Tried to snap up some SPWR 130s on the cheap but they didnt get that cheap yet.
Very interesting in the options pit seeing these computer programs being turned off and the real traders need to come in, and with it the spreads are horrendous.
True..many of these stocks are bloated by 35-60% no kidding, AAPL and RIMM being a few..and the solars are probably bloated by 60% plus..but time will be the ruler over their valuations..
RIMM deserves to be around 70, ISRG around 210, BIDU below 300, GOOG below 600.
These might sound crazy but seriously, the valuations I am saying are STILL rich from traditional valuation metrixes..
Rat,
True..many of these stocks are bloated by 35-60% no kidding, AAPL and RIMM being a few..and the solars are probably bloated by 60% plus..but time will be the ruler over their valuations..
RIMM deserves to be around 70, ISRG around 210, BIDU below 300, GOOG below 600.
These might sound crazy but seriously, the valuations I am saying are STILL rich from traditional valuation metrixes..
i just hope its a slow unwind and not a violent crash
disagree. with a "slow unwind", the market will continue to go lower. think "Chinese water torture" (or ChiCom dollar dump / Bush Administration economic water boarding) vs "a violent crash" style "washout" that in the past has set the market up for a major rally.
i just hope its a slow unwind and not a violent crash
disagree. with a "slow unwind", the market will continue to go lower. think "Chinese water torture" (or ChiCom dollar dump / Bush Administration economic water boarding) vs "a violent crash" style "washout" that in the past has set the market up for a major rally.