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Bullboard - Stock Discussion Forum Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after... see more

TSX:BLDP - Post Discussion

Ballard Power Systems Inc > BLDP Friday Massive Volume on the TSX...14M + shares.
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Post by guarantor1 on Sep 21, 2024 11:09am

BLDP Friday Massive Volume on the TSX...14M + shares.

The average daily vol is less than 1M

I am assuming it has to do with Ballard's S&P / TSX Index deletion, (which is in effect @ Sept 23)
And all the Index ETF'S required to get rid of BLDP,... and most did close to the end of the day
And that overhang would explain recent weakness, since the deletion was announced ?
Comment by guarantor1 on Sep 22, 2024 10:04am
Apparently Goldman was doing a lot of the late Fri buying (can't give exact numbers, as I don't have access to BLDP's consolidated day sheet, but watching the close on tsx.com, there were a lot of Goldman on the buy side Interesting, as Goldman knows the Fuel Cell space... They  did PLUG's $150M Leasing Platform a. couple of days ago, Bottom in?
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