Again.......LONG. Potential 10 bagger.What happened to Token? Can no longer tag him for his thoughts
Edit @Todem... what's up with BLDP? Buying opp? Having doubts?
damn... just woke up and brain was foggy
Love it and thanks for always offering great insight. Added 25% to my position to get my cost basis below $20.Again.......LONG. Potential 10 bagger.
This quarter was fully expected due to the pandemic. Sitting on the earnings call at today 11AM eastern and everything looks fundamentally sound with the business (I read the entire earnings report and while it looks ugly I am highly confident they are going in the right direction and have the best tech in the space) They are poised for incredible growth over the next 5 years. This is a speed bump and part of investing in a new technology.
I have said it a lot.....if your looking to simply trade it....good luck. If your looking to invest....stay long. Dont look at it all the time. And also don’t put all you money in it.
Their cash reserves are at over 1.2B now. They increased their cash reserves 600% That is huge. They are poised for incredible growth in the hydrogen fuel cell space and IMO are the class of this space.
If you have not bought into this stock.....today will be a great day to add it. Also if you don’t have a large exposure and have some cash....average down today.
My opinion stands. I already knew this was going to be a very soft quarter due to circumstances beyond their control with the global pandemic.
Take care everyone.
The summer doldrums are hitting and expect a heavily sideways to downward trend in the market for a little while.I suppose we knew a pullback was coming when blowout earnings by Apple and Amazon didn't budge their prices...but this week is no fun.
“Be greedy when others are fearful and be fearful when others are greedy. -Warren Buffet”A lot of people here seem worried the last couple of weeks.
I once made up this saying and I hope it puts your mind at ease and things in perspective.
"Buy low, sell high"
I'm guessing "know" isn't the correct word and he would agree with that. His models, as many other analyst I've read, have shown a sideways move until 4Q.Just a pet peeve of mine, but while I respect Todem's opinion very much, no, this quarter wasn't fully expected, and no, he didn't "know" this was going to be a very soft quarter (at least not this soft).
Now, it's possible this is just a blip on the way to a 10 bagger, but we shouldn't sugar coat it- this quarter was awful, and it was way worse than expected. Stocks don't drop ~20% when they report expected results.
Pretty sure it was 2Squirrels1Nut that coined that phrase. Warren Buffet...“Be greedy when others are fearful and be fearful when others are greedy. -Warren Buffet”
Anecdotal to be sure, but every aspect of my business is affected by supply chain issues. Shipping, materials, labor, you name it. Everything is restricted and I don't see it letting up until Spring 2022.I'm guessing "know" isn't the correct word and he would agree with that. His models, as many other analyst I've read, have shown a sideways move until 4Q.
I personally think this is a small hiccup and as more cities open up stocks move higher. I disagree with stressed supply chains too. Some still are stressed but the vast majority are not.
***The markets have been a life long hobby of mine, I'm not a professional like Todem.
Well that is news to me. Because during the March pullback all the talk was "yeah it will be a rough month, but we expect 2021 to be a very good year from Apr onwards."I'm guessing "know" isn't the correct word and he would agree with that. His models, as many other analyst I've read, have shown a sideways move until 4Q.
I personally think this is a small hiccup and as more cities open up stocks move higher. I disagree with stressed supply chains too. Some still are stressed but the vast majority are not.
***The markets have been a life long hobby of mine, I'm not a professional like Todem.
Not political at all imo.I know it's political topic and all, but the gas trucker shortage could murder the recovery. If people can't drive who can spend money? Those 3-4 days in Dallas when the shortages hit it was like a preview to early Covid.
Yes. Also, panicking is not a strategy.A lot of people here seem worried the last couple of weeks.
I once made up this saying and I hope it puts your mind at ease and things in perspective.
"Buy low, sell high"
Thanks GB. I figured everything isn't worth making a squirmish out of.Pretty sure it was 2Squirrels1Nut that coined that phrase. Warren Buffet...
A perfect, new (I think), word for today.Thanks GB. I figured everything isn't worth making a squirmish out of.
It is. Not sure if he’s squeamish about starting a skirmish or if he’s just a squirrel afraid of a fight.A perfect, new (I think), word for today.
I still believe this to be the case. Many of the other analysts I follow do too. FWIW GBWell that is news to me. Because during the March pullback all the talk was "yeah it will be a rough month, but we expect 2021 to be a very good year from Apr onwards."
Obviously no one can see the future so no worries if people were wrong on that, but "a bad year was expected all along" only became the narrative very recently, and is complete opposite of the narrative before that.
The markets will be fine long term, really unfortunately timing for me though because I have a couple real estate deals about to close and I am going to have to pull a bunch of cash out likely at a very poor time.
It's been a long December and there's reason to believe that maybe this year will be better than the last.It is. Not sure if he’s squeamish about starting a skirmish or if he’s just a squirrel afraid of a fight.
They were warning about this for months.Just a pet peeve of mine, but while I respect Todem's opinion very much, no, this quarter wasn't fully expected, and no, he didn't "know" this was going to be a very soft quarter (at least not this soft).
Now, it's possible this is just a blip on the way to a 10 bagger, but we shouldn't sugar coat it- this quarter was awful, and it was way worse than expected. Stocks don't drop ~20% when they report expected results.
Love it and thanks for always offering great insight. Added 25% to my position to get my cost basis below $20.
Definitely long, just making sure I'm not missing anything Thanks GB
Added 100 BLDP because.. Todem.
I am on the call......fully expected. They had internally knew this. Again....the “street” may not like it today......but again this company historically performs well in the second half of the year.
Their pipeline of Rail and Commercial Trucking.......HUGE HUGE HUGE.
Folks......I will only say it again.....this is a long term opportunity to be in Hydrogen Cell technology with a legitimate top notch company that is well managed.
I love they have 1.2BB in cash reserves. A 600% increase from the same time last year.
This will help fuel a lot more growth.
Just trying to help folks here.....Master list is where you should have most of your money in....and this play is for your speculative bucket.
I'll join the club with this note. Not sure I have anything else in the hydrogen space.Folks......I will only say it again.....this is a long term opportunity to be in Hydrogen Cell technology with a legitimate top notch company that is well managed.
I ain't selling and if I had more than $5.43 in cash, I'd be adding. BLDP was never purchased on the basis of 'need it to be right right away' so let the weak hands deliver shares to strong and let's get some good old healthy consolidation through the warmer months.This is a great call. Hydrogen Fuel Cells will dominate Ships, Trucking, Rail.....no question in their minds. Of course this is the CEO speaking but the vision is very clear for them and they are seeing orders accelerating in 2023 and beyond. I agree. Fuel Cells are the future.
Don’t be surprised to see this stock in the mid 30’s by year end with all the announcements that will happen over the course of this year.
Demand is starting to pent up as countries and companies are moving to zero carbon by 2030.
This is the class of the fuel cell sector IMO. The IP they have is second to none in the space. And the management team is on point.
Very happy with what I am hearing on this call.
20% drop still sucks.....LOL no one likes that. But this is temporary.
Call just ended.
I am out......good luck to everyone as always.
Buckle up for a rocky summer and heightened market volatility thru October. I expect the market to rally year end as the economy really ramps back as vaccination rates are expected to be much better by year end (that is the hope).
I will pop in from time to time if I see opportunity as always.
LOL no sweat.....another long term disrupter.Guys, I think I caused this by buying QS yesterday. My bad. The account is down almost 3%, which is a real trick if you're 59% cash.
Hopefully not just the start of things like it was last time we had a day like this.Been a long time since Ive seen a -4% day. Sheesh
I own it and we are just starting here. If it does happen it will be 5+ years IMO.Do any DKNG holders in here think online sports betting might be quickly commoditized? Losing my conviction a little. Thinking about swapping this out for a value play in my quest for balance - @BassNBrewI actually exited Z last week for FDX as part of this but I still think it's good.