Was the cost really worth the 6cent 'clawback' in price on an overall weak market day, shorts?
If the $2.90 level breaks, we will probably see $3+ today. If not today, then tomorrow!
But the real reason to be long in PLUG is the fundamental turnaround that is clearly underway at PLUG Power! After Monday this will be understood by the vast majority of investors. The huge short position is just a bonus that eventually will unwind!
You will need to change your user name to just 'pathetic' in the coming days! Of course, I expect you will just disappear, instead!
You really think investors are that naïve? Why only 44million. I heard 144m this quarter and 1.2Billion next! If we are going to make up numbers, lets use some imagination.........! If investors are going to react to your numbers, watch the panic when they see the ones I created!
Added at $2.82! Thanks for the shares! BTW, shares are now in a 'cash account'......sorry shorts!
Hey shorty! You observation is correct, but, your conclusion is incorrect. Notice that the down drafts are getting shorter, more frequent and more compressed. Add in the extraordinary short interest and what you are observing are flailing short attacks, curtailed by lack of available shares! Shorts have been unable to sustain any meaningful 'beatdown', recently. This is observed quite frequently when a major reversal is in it's early stages in a highly shorted security. I assure you that I have been 'trading stocks' much longer than you have. Go long, son, and enjoy! Have a nice day!
Most important is REVENUE above $30m and improved GROSS MARGINS. Net income will arrive in 2016 (and beyond) and recent 'speculations' about current quarter 'net income' are purely driven by desperate shorts trying to create unrealistic expectations. I look for a number of negative 'analyst's' blogs just before and after financials are released. I'll be adding more on any pullback. Shorty will be desperate to widen the escape hatch and there should be some volatility over the coming days. It is noteworthy, that we are already seeing a small reduction in short interest and daily short activity.......a trend that should accelerate! By the way, demand for shares to short remains robust at major brokers! Good luck longs!
Shorts trying to raise expectations ahead of PLUGS earnings to hopefully create a 'headline miss' is my guess?!
Don't be a 'grinch'.......at least the folks at the top made a lot more money! You've got to feel good about that....right?!
Going to have trouble finding legs until people can pull up their accounts and understand #$%$ is going on! Where the heck is the NSAM/NRF management folks with some kind of clarifying PR to help sort this mess out?!
A little pullback would be nice! I'd like to add more shares to my loooooonnnng position!
I expect to see short lending rates begin to climb, soon, for borrowed PLUG shares!....and the exits are already 'plugged'!