It just is moving too fast to try and buy the "dips"... I put in a "limit buy" order 1¢ above the ask and I actually got it 3¢ below my " Limit Buy" order!.. Try it during this frenzy buying period.
The fact that revenues of $8 million versus $5.9 million in the same quarter last year is what's powering the sudden rebound.
Also Plug Power narrowed losses to $0.08 a share compared with $0.25 a share last year is giving the pre-market stock price a boost. Longs couldn't of asked for a better report. IMO
Plug Power also narrowed adjusted losses to $0.08 a share compared with $0.25 a share last year.
PLUG plans to expand into providing hydrogen to it's customers. (razorblades for razors is where the money really is)
$150 million sales projection for 2014 -- almost four times PLUG's total for 2013! EBITDAS break even by Q3!!! I seriously thought PLUG was going to dissapoint, but instead they handed us a bed of roses!
Put all your shares on a "LIMIT SELL @ $12.95 Now and it'll burn the Shorts. Shorts have to cover now and if you refuse to sell them shares to cover with, they will have to buy shares that are avaiable (none)..
Bookings in the fourth quarter of $32 mln! Sales momentum is enormous, Marsh says orders for this year will total more than $150 million!!!
Market is saying it loves the numbers. Let's wait and see what Cramer thinks before we say ..""It's a GO!"..
Looks like a good test of the support of $15.32 did really well.
I Expect to see the next leg up to $16.22 now. IMO