Ballard Wrecks (BLDP)
Posted in pre-marketBallard Power Systems Inc. (NASDAQ: BLDP) is one of the original alternative energy cult stocks. Now the company is just an ex-cult stock and its revenues were down year over year to $9 million. The net loss was in-line with -$0.14 and the net loss outside of items was -$0.09 EPS, a smaller loss than a year ago. Ballard now sees its fiscal year revenues at the lower-end of a roughly $50 million target. We have only seen 3,900 shares trade hands, but this is one the largest percentage losers with a drop of 8.3% at $2.32. Shares closed at $2.53 yesterday and the 52-week range is $0.85 to $4.75. Average daily trading volume is only 380,000 shares now. -JON OGG
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