The min crash of this stock may have been one of the best investing opportunities of the year. We are going to $15 minimum before earnings. After earnings with a good beat north of $20 looks very much in the picture. Buy this one on dips and you will be rewarded. imho.
This stock is swinging on average over 50 cents a day from its low to its high. I decided to keep a core position in POWR and buy an equal amount to trade each day to capture the 50 cent swing. Heck, $1,000 per day trading gains are good. Who knows how long it will trade in this pattern.
I have been trading this one since below $5, and it has little daily swing on average compared to KNDI, which I have also traded since $5. KNDI swings over a dollar probably 98% percent of the time daily, and it has way more volume than Power. At least half of all my trades are day trades, but Power is not a good candidate because of the low volume and steadier price. I use streaming quotes and they do jerk this one around but since the volume is much lower, it happens quicker and is harder to catch. And if you think you can capture most of the swing, you are not being remotely realistic, you will be doing very well to capture 40% percent of the swing, and there will be a very good chance you will be on the wrong side of that swing in many cases.