I know that I'm a stupid noob and did a big mistake buying over $11. It's really pain to see how my money flushed away within a few hours. I was thinking about to lower costs two days ago, but unfortunately didn't had the courage to do that. :-(
Now it looks like I have a second chance, but is it the right time to do it? Or will it slip further down?
What is your suggestion? LIKE = buy, DISLIKE = don't buy.
now is not the time..to make up any lost ground .. plug will need another contract (its in the works).).sit tight.a while.we have over the weekend the ukraine , sanctions on the political calendar coming up..just a pause for reflection .plug has good working positive cash flow.nothing to be concerned about.
Sentiment: Strong Buy
I'm a BUYING and riding this to 20 next week..... This stock has huge momentum behind it. This is the GOOGLE of Green Energy. Let me ask you this...When Man first learn to Fly and later a Company in Seattle called BOEING came out on the market...How many back then say "Man Flying Days are over!" if you are a contrarian like me...you will Keep BUYING before this vehicle turn around the BEND. This company has a very Bright Future.
Stock is too volatile had too quick a run up too fast. if you are going to trade you should only flip for nickels at oversold points during the intra day on this. if you look at every oversold point throughout the day it always bounces back at least about a dime before heading on its downward path again.
If you reference the 30 min 20 day clearly its in a downtrend with the MACD line crossing below the signal. Would not try to hold it for longer than a few min.
Hold onto Plug. Good news about new orders coming before too long. Did you listen to the conference call? No one should listen to analysts. They are the biggest stock manipulators out there. Take what they say with a grain of salt. Hold onto your shares of Plug and you will be so happy later on. I bought a lot at $10.72 so don't feel so bad.
I just cannot believe it, or better I don't want to believe it. The Plug Power story sounds so good and WalMart deal is real. Another truth is that I have already lost a lot of money now. And I'm uncertain what to do next. Stop the pain and sell? Or hold on and hope it goes back up someday.
number one .. old rule. buy low, sell high.....this stock was hitting highs everyday....it very hard to know when exactly a stock will take off ....you shouldof been watching this stock when they first started talking about it.....high volitale trading most of the time sees a pullback.......thats when you should of bought. last note...do some research on fuel cell tech....they are definitely thinking about using this as an alternative fuel....for almost everything... cars , houses , and businesses........google even test trialed cell stations on there properties....chk out bloom energy news releases....its going down...
Rule #1 - Use stops (mental) Small losses wont kill you..big ones will
Rule #2 - Never average down
Trading a stock that moves as quick as this one is dangerous..and should be left to the pros
If you are going to be a "trader" ..you're going to be wrong 1/2 the time..Take small losses when you are wrong....let the winners run..that's how you make money..Good luck.