We ALL know PLUG's run-up was PURELY a pump and speculative. Now, it's going back down. YOU KNOW THIS! Don't be foolish and hold...yes, you have probably lost money, but you're ONLY going to lose more. The stock is AT MOST worth $0.50. Do you want to hold until it gets that load? Be realistic...don't live in fantasy.
Quinturner17, yes. RGSE is up...sure. The company has had a few contracts worth a few million dollars...not tens of millions of dollars. Think about it...all that stock floating around at anything above $2 is overpriced. The company isn't making enough money for its stock to be worth anything more than $2.
Yep...I'm still waiting...and it WILL come. Day traders play this stock like a game of Monopoly. Personally, I think a market crash is coming. When all the "analysts" say all is well and only getting better, watch out. They said that in 2008, too.
Folks...let's be HONEST here. The only reason PLUG has been going up is because of day traders. Now, the plug (no pun intended) has been pulled. Everybody is jumping ship, and those who remain will be the bagholders...someone always has to be. Don't think with emotion...think with logic. We ALL know this is a day trader's stock and that's what's been taking it higher.
Look, Belviq has been out for some time. It has NOT gained traction. If it were a blockbuster, it would have had traction as soon as it was released. They are putting a lot of energy trying to prop up their commercially unsuccessful product...and it will only backfire. If you have ARNA, then hold your stock for OTHER drugs. I sold mine at 7.70. I would buy again at $4. So, you may be holding on this stock for a VERY long time if you're long and waiting for it to rise significantly.
Edfilm, the thing is, NOBODY IS SURE what they're going to do. An earlier post of mine said buying RSOL right now is like gambling with odds AGAINST you. Most companies do issue more shares. Look, the economy, contrary to what they want us to believe, isn't getting better. Don't look at numbers the news tells you to follow...look at the streets in your own town. Do things look better? Ask the average person and see what he says. RSOL may be a good stock to own, but for now, nobody knows what's going to happen.
The writing's on the wall. Anybody who knows anything about stocks knows what dilution means. Who are you bulls kidding here? The big boys are keeping the price "up" and getting rid of their shares while you little guys KEEP THE HOPE ALIVE! At least don't give the newbies false info!
Let's be serious here...no jokes. We all know what the news today means: Dilution at any time. So, why buy this stock? They company can now offer common stock, if it wishes to, at any time at any price. Anybody who doesn't own RSOL will most likely stay away with it until the water and air are clear. Toby, jokes aside, you know what I mean. So, folks, be careful. Right now, there is more negative than positive direction. I will buy if it goes to $2.
There you are, Toby! I hope you had a great weekend...but I sure hope you didn't buy any shares on margin! Have a nice day!
RSOL is headed to the range in the title. It did it a couple of months ago, it will do it again. Yes, the Mercury merger may be a good thing, but we don't have any numbers out yet to prove that it is. So, the stocks rise has been purely speculative with many day traders pumping it. Is a merger enough reason for a stock to rise if there are no numbers out? No. Big talk by pumpers and a lot of speculation...that's all there is. That wind has been taken out of the sail, folks. So, if you're long, there's nothing wrong with that...sit and wait for it to go back up...it definitely will. However, if you're buying on margin or buying calls, I'd be very, very careful here. You're playing with fire.
Dear Toby, you called me a douchebag for saying this RSOL would PROBABLY go back towards $2. How do you feel about me now? You've been silent. I certainly hope you didn't buy a lot of shares at $4.50. I'm sure this weekend is difficult for you. Generally speaking, when the market or a stock is down BIG on a Friday, more of the same will follow on Monday. Just don't lose your shirt, son!
Here is my third post. Read my other two. I said RSOL did this before, and it's doing it again. It will fall towards $2, and then, it will be a buy. They hype brought it this high. Hype about the Mercury merger. However, this lacks beef. It will be sometime before we see actual NUMBERS where there will be a rise in PPS for a meaningful reason and not hype. Toby, how much have you lost? It will be more as this drops towards $2. Have a nice weekend, kid.
Dear Toby. How are you today? I hope you didn't buy your shares at a high level. Soon, this will be $2, and then, I will buy a few thousand shares. At that point, we'll both be hoping it goes higher; however, at this point, it's only headed down. I hope you have a nice day, Toby. I love you.
I wrote on here a few days ago about RSOL going back to $2. I was attacked, called names, etc. I AM NOT SHORT THIS STOCK. Let's have that crystal clear for all to know. RSOL did this before just a couple of months ago. Went to $4.50, and then fell back to $2. I never wish for anybody to lose money, but I will HAPPILY buy RSOL anywhere between $2.00 and $2.50. At these levels, it's a gamble not worth taking.
Toby, why are you so angry? Again, I stated FACTS about this stock. I am not bashing it...nor am I pumping it. Did you buy at $7? Stop being so angry.
No, Ricky. If you can read, and if you've been following my posts, I said I have no positions on this stock right now. Furthermore, I said I don't short stocks. Can you read? Do you understand English? Please start to use that hamster fueled brain of yours.