THE ASTROLOGERS FUND Inc.
"Naturally A Stellar Performance"
370 Lexington Avenue, Suite 416 New York, New York 10017
212/949-7211 FAX 212/949-7274 firstname.lastname@example.org
We are here posting our on going analysis of our client, DCH
© The Astrologers Fund, Inc. Last Updated:
First Trade: May 28, 1997? (Data not fully verified)
Incorporation: February 23, 1996 10 am Denver Colorado
Key Date: May 27, 1997 became a public company through a reverse
Headquarters: Valencia, California
Birth data of Principals:
David P Haberman Chairman of the Board: November 08, 1960 2: 29 am
New York, NY
David A. Walker President: November 14, 1957 1:19 am Santa Monica,
Web site: http://dcht.com
Investor Relations: IR
FAQ Email Investor Relations
Phone: 888-HYDROGN EXT 11
to February 1: DAY 20
[1/10] Looks like everyone is counting as DCHT traded its all time
record volume of more than 2 1/2 million shares!
[1/7] Yesterday DCHT stock closed at $4 bid starting a 20 day countdown
(February 1) needed for Nasdaq small cap qualification.
We forecast that Fuel Cell technology will be an increasingly hot sector
DCHT in our opinion is the best of the public companies dedicated to
a hydrogen future.
This is my opinion despite the fact they are my client and I own lots
of stock. :)
See Astro-technicals below.
Note: this article is "in progress''; there will likely be an update
HYDROGEN/SOLAR ENERGY ARE 21ST CENTURY FUELS
Investors: The 21st century has begun! Within a few years,
hydrogen and solar energy will recognized not as "alternate energy" but
In 2000, there will be numerous successor energy conferences,
each facilitating serious press coverage for DCHT.
We forecast DCHT will not only dominate the hydrogen sensor
industry, but DCHT fuel cells will be a dominant supplier in the portable
"Premium Power" market where price is not an object e.g. hospitals, military
and remote village sites (arctic, desert etc.)
[12/28] Company issued a press release today and that it has added
a second production
and test facility to its Wisconsin fuel cell operations. This
is the second expansion of the division and will include the addition of
on-site hydrogen production capability.
DCHT also stated that it will join the US Fuel Cell Council in order
to participate in the development of codes and standards necessary for
the commercial, large-scale deployment of fuel cell power systems.
The company is on target with more key test orders on the fuel cell
side and strategic placement on the hydrogen sensor side making DCHT
the defacto standard. In addition, new safety applications such as in water
treatment are being developed. We believe the company is currently
under-estimating the sensor side as worth $100 million; we estimate more
at least $350 million.
AstroTechnicals: DCHT Stock
Price or Detailed
[1/10] Wow! Today we
reached our 2000 target of $10. Thereafter a retracement followed.
Almost anything is possible, but we believe 5 and 6 are now primary and
secondary support while 8 and 10 are P1 and P2 resistance. However,
this is a highly fluid situation and either news or Internet crazies who
are migrating to trade the hot successor energy sector cf: Ballard, DCHT,
Manhattan Scientifics and Plug Power could up the ante considerably.
[1/7] We closed yesterday with a bid for $4.00. Today DCHT stock reached
$5.00. This is day 2 of a 20 day countdown to probable Nasdaq qualification.
Next trading target is $8 (circa all time high) with 4 new support and
5 its trading pivot.
[12/28]. Today DCHT is flirting for the second day with $4. Obviously
this can be a big fight zone and is a key stock pivot. The stock currently
has minor support at 3.84, major support at 3.50 [to be replaced by 4 in
January?] and secondary support at 3. We are projecting $5 before
February as it looks very likely that DCHT could be on Nasdaq shortly before
or after their January 28th annual meeting.
We continue to recommend DCHT as a strong buy with a new 6-12 month
target of $8 to $10.
Todate we have seen the first 400% trading profits, what is next?
We see $1.25 to $1.50 becoming trader BUY points and no longer the
SELL areas it was after its first 400% trading move. Thereafter, what barriers
to the next 400%?
These are the two key resistance points of $2 and $5.
$2 can easily be held and straddled with good investor relations and
communication. Depending on the buying and selling here, it could retrace
to $1.50 which would then be very strong support, or take out $2.15 onto
$3 or $4 as this is recognized by intermediate term traders as a January
stock play par excellence.
For $5 to be reached AND held, will take either Nasdaq small cap and/or
MAJOR news and progress.
Astrologically and seasonally, DCHT is a January cap stock.
It will not be affected by any Y2K worries nor December tax loss selling
due to recent stock buying. We foresee strong sailing into February.
Currently we are forecasting a price target of $5-$8 within the February
to July 2000 time frame.
For another view, see Ram Capital Management's November 23rd DCH
Technology stock report.
Q & A
READER: Could you please give readers a very brief history of DCH and
why the share price came down from over 4.00?
HW: For a brief history, visit the DCHTWeb
site. Its stock went from 50 cents to $8, then gyrated a few months and
then fell back to .75 last year. I would speculate DCHT stock ran
WAY ahead of itself and that investors sitting with 1000% profits within
2 months sold big time.
READER: February you mentioned more good news for DCH - do you think
they will go up again to 1.50?
HW: My initial trading target for DCHT was $1.25 to $1.50 by December
and $2 by February. It is also possible (and now my latest view) that it
could rise to as much as $5-8 between February to August. Whether
true or not remains to be seen. The main trading issue is that if
I were trading DCHT stock, I would now be a buyer in the $1.25 to $1.50
zone, and not a seller, as was previously technically correct.
READER: It should be interesting to see if DCHT goes to 2 or 1.50 first
HW: To me it is more interesting whether it reaches 2 in December or
January and how long it will take to get to 4. You may wish to read
Ram Capital Management's December 17 DCHT
Report- it makes a strong case for a $10 stock price in 2000.
First DCHT Post: First
Second DCHT Post: 2000
is the Year of Hydrogen
The Astrologers Fund Inc., its director, employees and its clients maintain
positions in this stock. In addition, DCH Technology is a corporate
client and advertiser on our web site. While we usually do not actively
trade DCHT stock as it is an intermediate term hold for us, it is of obvious
benefit to us when others buy its stock. Always do your own research
and check with your licensed financial advisor or broker before buying
or selling on the recommendations of the Astrologers Fund, Inc.