Ballard Power Systems Inc T.BLDP

RE:RE:Launch of FCmove™-HD+

[Bookworm28]

biggerr wrote: I missed the whole run to $50 in the winter, hopefully now will be another chance. The bulkiness of the hydrogen engines was the biggest hurdle for the wide use of them. Now with the smaller size the floodgates for their use could open wide

I'm not sure if we'll see $50 by year end, but I wouldn't rule it out either. $25 a share before year end is highly likely IMO.

This was a very encouraging NR. The parts I like best, include:

"The new FCmove-HD+, with a 100-kilowatt (kW) power output, is smaller, lighter, more efficient and lower cost than previous generations, and has been designed to improve ease of vehicle integration. With its compact innovative design, it has been engineered for both engine bay and rooftop configurations, enabling optionality in truck and bus applications... and 40% total life cycle cost... and 100 million kilometers in service by the 3,500 buses and trucks powered by our technology, we have industry leading, proven road experience, and confidence in our product life cycle cost. The evolution of our technology and product portfolio continues to position us to lead in this rapidly growing market."

In summary, improved versatility, and a lot more bang for your buck. Today's market selloff was a good buying opportunity, as we were starting to trend higher.