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Only a small fraction of hydrogen projects in North America and Europe have been given the green light
45v to be EASED by Yr end! ... to be followed by LOTS of orders which have been on hold.
Per Treasury yesterday: "we are working to include appropriate adjustments and additional flexibilities to help grow the industry and move projects forward".
https://home.treasury.gov/news/press-releases/jy2625
Congratulations !
Today, North American Fuel Cell Stocks collectively are trading at NEW ALL TIME LOWS !
That is pretty telling that after 20+ years, the Sector today is trading at its lowest levels in the sector's history.
Very sad.
Time to load for wealth! $$$$$$
This is the week 45v is finalized with common sense, Aug 16 deadline! Buy!
https://www.casey.senate.gov/news/releases/casey-colleagues-urge-biden-administration-to-change-proposed-hydrogen-production-tax-credit
Not sure why market is ignoring this, but eased, finalized 45v rules are coming within the next 2 weeks! When the authors of law tell an agency they need to get the law's intent right by a certain date, they always do it.
https://www.casey.senate.gov/news/releases/casey-colleagues-urge-biden-administration-to-change-proposed-hydrogen-production-tax-credit
Last Wednesday saw the biggest news to hit hydrogen in a LONG time: https://www.padilla.senate.gov/newsroom/press-releases/padilla-colleagues-urge-treasury-to-adjust-guidance-to-support-clean-hydrogen-power-development/
These senators wrote the 45v law, so will be taken very seriously and say the draft significantly deviates from the law's intent.
Not only are their recommendations enormously bullish for hydrogen names, unlocking billions into the space, but they also insist treasury finalize before Aug 16th!
I'd say this caused the Thu/Fri rally but hydrogen was only inline with solar names.
All the hydrogen names should mean revert (at least) to 52 week highs in the next few weeks!
At some point this is going to pop over 5$, buying more an adding these cheapies
Been trading here for years now😱
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159040988
My profits were banked long ago.
What is ahead??
Looking for a sub $2 (re) entry if it’s presented.
Low $2 is attractive as well (imo)
All the hydrogen names should be flying this week.
"The Internal Revenue Service expects the U.S. Department of Energy to update a model used to determine eligibility for the new clean hydrogen production tax credit under recently proposed rules, an IRS attorney said Friday."
https://www.law360.com/tax-authority/federal/articles/1833286?utm_source=shared-articles&utm_medium=email&utm_campaign=shared-articles
It's like a stock market waterboarding game. They lift the foot off the neck long enough to catch a nice breath, then it is back down
to take back everything and then some. Sucks big time.
Up. Down. Up. Down. Whatever. Shorts play land until it's not.
Ballard Reports Q3 2023 Results
https://ih.advfn.com/stock-market/NASDAQ/ballard-power-systems-BLDP/stock-news/92485717/ballard-reports-q3-2023-results
Pretty good report an quarter for bldp
Adding here
Management needs to fly the coop, embarrassing it is, fire them all
$BLDP and $GOEV oversold https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172704028
Next stop $10.00 per share. Don't miss out.
Wow - UP - UP and AWAY. Just the beginning. $5.00 coming soon and then BOOM!!
BLDP is UP In after hours. Just the beginning. $5.00 soon and then BOOM UPWARDS!!
You’re welcome.
BLDP (with appropriate timing and patience) is and has been a personal favourite for years.
Good luck to us all!
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