RE: Hydrogenics Target Price = $0I used to own shares in Hydrogenics a few years ago, but I moved on. I have a few friends that work there so I still follow it, because of that. At least they work there for now, everybody there is looking for a new job.
The only right thing this company ever did in its entire history is the timing of it's secondary financings. It times them well. Too bad I can't say the same for its overpriced aquisitions! If this stock ever goes to $2, the company will finance, then it will go back to a buck.
They have a ton of goodwill to write off from overpriced aquisitions and they will probably take a bath this year to try and make next year look better (if they are still around).
Best to stay away.