Fuel-Cell Firm Stages Comeback 20 Years Later With Help of China.

Whale has a buy recommendation on Ballard's stock with a C$35 price target. Tech Bubble Euphoria Whale, who covered Ballard two decades ago for National Bank Financial, said the rise and fall at the turn of the millennium is partly attributable to the "euphoria" surrounding the dot-com bubble. Just last week, New York-based hedge fund Lakewood Capital called Ballard a "consistently loss-making and cash-burning Canadian company" in a letter. [Extracted from the article]