and for every buyer, there is a seller. 1/2 think this thing is going higher, the other half thinks the news is priced in. After all, they still have a negative eps.
People are fools not to take their profits if they have doubled their money and bought in at $2.00. There has to be a correction with this big run-up and then they can buy again and repeat.
For all that accumulation someone else needs to be selling. Could be a cooling off since many got in when this thing was below a buck and even into the 2's. Nice profit for many.
53 million shares today and look at after hrs. trading. Another 300 thousand shares trading hands. This will be interesting tomorrow.
DE has slowly increased its dividend and is currently at 2.40% or .51. Here's a list of increases: 2007 .25
2008 .28 2010 .30 2011 .41 2012 .46 and for the last year (March of 2013) it increased to .51 where it remains (pay date is May 1st, 2014). Not bad for a retirement account.
Bluf-I totally agree with you. There is nothing new, same story. FCEL going up too just because PLUG is. I say buy both for a quick one and get the heck out and spend your profit on something that doesn't have a negative EPS; preferably something that pays a dividend.
If you plan on making money, the PE on CAT is around 17 while DE is about 9. Deere is a much better buy and with this pull back I expect buyers to load the boat, especially when their earnings just beat. CAT is going to be further hit with the mining problems and the stock price is way over valued.
Why does Posco of South Korea own so many millions of shares of FCEL? Look up their profile and read about this amazing company to see that they are all over the "map" and heavily invested in fuel cell technology. They are the beneficial owners of FCEL percentage wise. 30 million shares purchased at one crack should have caused some speculation on their future intentions.