is this a good time buy in.
Jim
BLDP shares remain speculative, as the company has never made any money (annually) in its 30+ year (!!!) existence. It has $817M cash, but cash flow was negative $115M in the last 12 months. Sales are growing, but losses and negative cash flow are expected to continue for some time. The last quarter was soft, but the growing backlog suggests an improved outlook overall. It has had some recent nice orders. The stock tends to move on 'hype' and sector interest. It often becomes a 'meme' stock as well and sees the occasional short squeeze (short interest is 13%, combined US/CAN). But as an investment, we would be more interested if it could reduce its cash burn and become profitable. It is hard to give it a strong endorsement in an uncertain market.