3SOF

Is at recent high breakout $1.64 with strong volume, strong support behind at $1.50,don't have time for chart will try later.
Mike

clearing 1.63 is key here.

Taking out resistance, volume flowing in

Aussie,
I bought this share yesterday at 1.71. I think,it'll move up after a small retreat.
Do you have a stop loss for it? Also, any comments on the stock behavior?
Dhiraj

Strong support at 1.5 present. Another one at 1.4.

MCEL closed with a nice hammer candle with a perfect retest of the 9ema. Selling pressure still there but buyers are closing the stock nicely. Hammer is a bullish indicator, it will need follow through to confirm and take on the $1.78 recent spike an dclose above it to then set up a new support area around $1.75. I have a stop trailing the 9ema.
Mike

Finally breakout 1,80 USD.

Need more volume to confirm this situation.

There is already a thread on MCEL in stock picking forum. Please post your views there.
Thanks,

Quote from: dhiraj19 on June 20, 2005, 11:58:06 AM
There is already a thread on MCEL in stock picking forum. Please post your views there.
Thanks,

Thanks dhiraj19

I've just merged both topics.

LuxAA, I'me recommending all our members to search for the ticker on our «Search» Feature, in order to post their messages on the right spot (The right board, and the right Topic).

This is the «Stock Picking» Board, so members should only start a new topic if they are recommending a stock, questions about stocks should be made on «Stock Talking» or inside topics already started about that stock.

best regards

Close @ 1,85 USD with volume (2,5 million shares traded).

Suport - 1,75 USD (old resistance)

i bought some MCEL.
i like the company and their recent deals.
any thoughts?

insider buying !
http://finance.yahoo.com/q/it?s=MCEL

Might be worth it to keep an eye on MCEL today 

It seems to be a busy little stock this morning.

I haven't been able to find any news on it.

Anybody else?

...and just as I finished writing that, here comes the news:

Search symbol:  Search by company name:   

Symbol Last Trade  Change % Time (ET)  Open Prev. Close  Day's Range Volume
MCEL 2.20 0.49 28.65% 8:50 AM 1.68 1.71 1.65 - 2.37 336,159


Millennium Cell Selected to Receive Funding to Advance Volume Manufacturing of Portable Fuel Cartridges
07/25/2005 08:15
Millennium Cell Inc. (NASDAQ: MCEL), a leading developer of hydrogen battery technology, announced today that its proposal to develop a process that will enable volume manufacturing of fuel cartridges based on Millennium Cell's proprietary hydrogen storage technology has been selected by the National Center for Manufacturing Sciences ("NCMS") for contract award under a cross-industry collaborative partnership between NCMS and the U.S. Department of Energy. This program targets the development of manufacturing technologies for affordable hydrogen-powered energy systems including fuel cell components and hydrogen storage systems.

Millennium Cell will lead a team which includes The Dow Chemical Company ("Dow"), EWI and NextEnergy, to develop critical manufacturing technology that will reduce the overall process and product costs of hydrogen storage technology for near-term implementation in portable power applications. NCMS funding towards the 15 month effort should begin in the third quarter.

Adam P. Briggs, President of Millennium Cell, commented, "We are delighted to be selected by NCMS for this program and look forward to working with an outstanding team to develop low cost manufacturing technology as we transition our hydrogen battery fuel cartridges from prototypes to commercially viable products."

The NCMS award will accelerate Millennium Cell's joint development program with Dow to collaborate on the development and commercialization of portable fuel cell systems.

About Millennium Cell

Millennium Cell develops hydrogen battery technology through a patented chemical process that safely stores and delivers hydrogen energy to power portable devices. The borohydride-based technology can be scaled to fit any application requiring high energy density for a long run time in a compact space. The Company is working with market partners to meet demand for its patented process in four areas: military, medical, industrial and consumer electronics. For more information, visit www.millenniumcell.com.

About The Dow Chemical Company

Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. For further information, visit Dow's web site at www.dow.com.

About EWI

Based in Columbus, Ohio, EWI is North America's largest engineering and technology organization dedicated to welding and materials joining. EWI's staff provides materials joining assistance, contract research, consulting services and training to over 3,300 member company locations representing world-class leaders in the aerospace, automotive, defense, energy, heavy manufacturing, medical and electronics industries. For more information, please visit www.ewi.org.

About NextEnergy Center

NextEnergy is a non-profit corporation founded to advance business and community development by promoting technologies that strengthen the nation's energy security and Michigan's economy. The state-of-the-art NextEnergy Center and related energy infrastructure supports research, development, education, and outreach through collaboration among automotive, military, and energy company interests. For more information, visit www.nextenergy.org.

About NCMS

The National Center for Manufacturing Sciences (NCMS) is the largest cross-industry collaborative research and development consortium in North America, and is the only consortial effort in the U.S. devoted exclusively to manufacturing technologies, processes and practices. NCMS has nearly 20 years of experience in the formation and management of complex, multi-partner collaborative R&D programs, and is backed by corporate members representing virtually every manufacturing sector. For more information, visit http://www.ncms.org or http://hydrogen.ncms.org.

My theory is that if SIRI can run to $9 on the promise of Howard Stern, MCEL can run to $29 on the promise of hydrogen powered cars...

Likewise, if GOOGLE can run to hundreds on bullguano, MCEL can make us all rich.  Beyond candlesticks and momentum there's occasionally a "scientific advancement" play that dovetails with the mass market.  ALT FUELS and STEM CELLS to me are the best sectors for one's IRA money with a time horizon of at least 10 years.   That said, there's short term profit to be made with MCEL in 2005...I wouldn't be surprised to see $5 by year-end.   More news like this and it will become more expensive than SIRI shares.