I do not like seeing great technology stocks like BLDP sell off, but I do try to make reasonable estimates of price directions and targets based on the technology, history and overall world wide market trends. We are I fear moving into a very nasty bear market now that could turn into a panic any day now and the rest oof the year is likely to only get worse. $20/barrel oil is being predicted now, not seen since the 1990s!!! All other comoditities are in free fall at 10-20 year lows. Starting to look like 1929 to me!!!!
BLDP and Plug both made new 52 week lows as I predicted. I think Fcel did as well all on Friday and next week is likely to be a blood bath, even a possible flash crash.
Only thing that might stop the crash is the FED and China and Euro printing money like crazy to stimulate demand.
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