I have 8800 shares, cost average of 7.51......so I'm down over $13,000!
I bought into the hype, and did a really stupid move and putting all my eggs in one basket. I keep waiting for the big news everyone talks about.
10,000 SHARES AT $10.33, SO i'M DOWN OVER $40,000 IN LESS THAN TWO WEEKS.
LAST TIME I BOUGHT 100,000 SHARES ON MARGIN AT $3.98 AND SOLD AT $2.22 FOR A LOSS OF CLOSE TO $170,000
MY DAD BOUGHT ON MY ADVICE AT $4.10 AND PANIC SOLD TOO AT $2.60, AND HE HAD CLOSE TO 400,000 SHARES. HE DOESNT SPEAK TO ME NOW
Sentiment: Strong Sell
I hope that you aren't margined out. There may be some positive news down the road, but most analyst seem to have discounted that already. This thing looks oversold to me, but there are multiple daily articles that are running this thing down. Plug has to produce actual revenue increase above what is expected besides coming closer to profitability before this turns around IMHO.
The shorting sellering Circut breaker that got tripped today only slows the decent a little for today.
I have 1000 shares in at $9.18/s after pulling back from 11.7. I had been waiting for pull back and did not wait long enough to get more shares at the same cost. I bought it based on the belief that this is the turning point for PLUG after so many years. It finally sees light at the end of the tunnel. It probably comes down because it has been up way to fast. Think this way:
Upside potential: 5x,10x gain or even more
Downside potential: 1X (or 100%) loss.
Hang in there. The stock PPS got pulled down caused by short sellers. Nothing wrong with the company. Just earlier Nasdaq placed a short-circuit breaker on to limit short seller messing with the price. PLUG will move up from here on.
Sentiment: Strong Buy
It is really hard to hold on to the ship. I am almost kicking myself for not putting in stop losses last time. But I believe this will be a mover again. This company is working their #$%$' off to make a good product. BTW for those of you who thing KROGER is not that big of a deal, I suggest you look at their profile....