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Crazy Jim Smith's Blog

Insider Buying In Hydrogen Corp (HYDG)?

Hydrogen Corp Chart

There has been quite a bit of buying in HydroCen Corp lately.

I live in Sydney and mainly focus on Australian stocks so looking at US stocks is something new to me but the chart here caught my attention. To my best knowledge the sudden jump in volume and price is on the back of nothing.

A little digging found one small mention of Chrysler's recent revelation of a push into electric cars.

HydroGen is a fuel cell developer that is on the brink of collapse so the sudden surge in buying and rumoured link to Chrysler makes sense.

To me this looks like an opportunity, albeit a very high risk opportunity. Good luck if you buy.

Published Monday, September 29, 2008 9:50 AM by crazyjimsmith
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The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.


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Crazy Jim Smith's Blog
I live in Sydney Australia and most of the time I focus on the Australian stock market. I have a knack of identifying trading opportunities so if I see something I will blog about it.

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