I own as many shares as most of you do but my life in this business forces me to be more of a realist than many of you fellow shareholders. You present all the affirmative data and it is 90% true and then ascribe some lofty price targets because of it. You don't mention that the marketplace also knows of the data you seem to think will surprise people??? I am a firm believer that this stock is going higher, it has too much going for it but to think it is not going down, well..??? What do you mean by going down? if it rallies from here to say $3 by year-end and then for several reasons backs down to say present levels, would you argue the stock really didn't go down because it still is at the level it was on Dec 7 or whatever? That would be foolish right? Marsh has made many promises, lofty ones at that and most of them will serve us well but some will fail to materialize and we will suffer a correction. Enough said, just wanted to balance the equation a bit. Go get 'em.
Kev, I will finish my comments and then leave you be. I was a stockbroker after training in New York since 1968 and have seen it all. I only say this because you are asking for trouble much like going into battle with just a bb gun. When you become an experienced trader and understand the rules of the game then go ahead and step into the lion's den where the real pros lie in wait for fresh meat. Good luck
Kevin..Please rethink your short ideas, you are playing with fire. Obviously you are looking at stocks with thin floats otherwise you wouldn't have the "scarcity" problem you refer to. That being the case your getting caught in a short squeeze becomes very real. If I were you I suggest learning the short game first by shorting stocks with generous floats that otherwise meet your criteria. Yes, you won't make as much money but you will learn a lot and sleep well at night. Be careful, there are still blood stains on the street from those who left their high-rise via the balcony when they lost everything over-night.
Yes and while nobody on this board was talking about the stock price of ballard because of the excitement here ( I don't blame them ) I snuck over and bought in about the same time PLUG began it's move. I wouldn't call it a hedge exactly but at least a spreading of my cash and therefore my risk. Sail on brothers, it'd gonna' be a nice cruise.
Hi Iam, I think you maybe in error regarding earnings and their report dates. When Marsh said, "blowout 4th qt. " he was referring to the bookings not the earnings. He added that the co. needs 70/80 mill. to be profitable and with 40 mill. already booked in qtr. four we a have a headstart on that 70/80 mill. for the year 2014. So you won't be hearing from Marsh reporting great earnings in the next two weeks but rather the announcement of one or two major new wins. Have a good weekend you are doing a good job.
How would you feel if you came in Monday morning and saw that Marsh had done what he said would happen before year-end? He promised us one or two major deal announcements and so if you are a real gambler, go ahead and sell but don't come crying back to this board Monday morning because you missed out on a fifty cent up move. Just a kind reminder to all.
Tcav,,I have posting for all the newbies not to sell out in hopes of making a good trade and then getting back in. it backed off almost 50% yesterday and then the big boys came in and you see what happened. We are witnessing a situation that has a ways to go before things settle down. In 21 days or less major new wins will be announced and I pity those guys who had sold out because they were satisfied with a nice trade. Little do they realize how truly big this scenario is.
The market now has traded at the $2 mark and volume is increasing. Don't forget that the Street is expecting to hear from our CEO before the end of Dec. about one or two major new contracts. That doesn't leave a lot of time, three weeks for the news and so far Marsh has delivered on his promises. If those announcements are huge you will see $3 on our stock before year-end.
yesterday's late session ended at 1,92 and the pre-market should be adding to that right now.
..have served us well as indicators of our stocks behavior during the day. Last night I watched in amazement as PLUG on over a half-million shares closed up over a dime. This pre-market today will pick right up from that session and by the time we open at 6:30am PST we will be at the $2.00 level which won't last long as the bulls are battering down the doors anxious to get in and enjoy this mini-miracle. We will spend the weekend enjoying our $2.25 PLUG.
Bank, I had posted earlier that even though I have been a good trader this is the first stock I knew I couldn't handle. So no trading and yes I suffered today when it lost almost half of it's gain for the day but this stock is the stock of a lifetime, something you will tell your kids about. and trading out of it is folly.68 a months ago, two dollars tomorrow (maybe tonight) and 5 bucks sometime next year. Don't fret the volatility, ignore it.
Guys, I consider my self a good professional trader and I love to play the gaps but I no longer will use that technique. here. I have never witnessed something like this but I learn quickly so I am taking off my trading gloves and simply sitting back and enjoying the show. You will see substantial profit taking, analysts suggesting taking profits, et., but in ensuing weeks marsh will be announcing new huge contracts and please don't get caught looking from the outside in. That's all I have to say, if you get nervous, step away, take a walk, have a beer but do not sell on pullbacks. Enjoy your day
Hey guys, I am having a ball over here at Nasdaq watching the trading in PLUG. Go over there, click on "pre-market trades" enter the PLUG symbol and then over on the right side is the REFRESH button so you can follow the trading minute by minute if you wish.
That both pleases me and disgusts me because we have an uneven playing field. The exchange for our stock doesn't allow us to trade this early but obviously somebody can. Things are new in the business since my day but I don't have to like it. Anyhow the stock is at 1.40 on 80,000 shares. Be sure and read under the news list the article published just this morning over at that website "Seeking Alpha or whatever it is called, in a nutshell it says it all. Stock will be at $1.50 in the first fifteen minutes so hold unto your hats... and your common sense.
seen a 68 cent stock trade like this and continue on. My God man, we will trade over a half million shares in the after market and now at 1.31. I am throwing the rule book out the window because this baby doesn't want to hear them and so neither do I.
Just now a total of 50,000 traded in one minute and now is 1.30 on just over 400,000 shares. That's more than most stocks trade in a full session. Tomorrow 1.50 is staring us in the face and it doesn't bother me a bit. Incidentally, any of you viewing yje Nadaq trade site note the small icon on the right side that reads "refresh. Just click on that every few minutes and you get the price and time of every trade. Piece of cake.
--300,000 shares traded and at a new high for the day at 1.30. I said we would probably see 1.50 tomorrow earlier but said it half in jest. The way things are shaping up that now is more than a possibility.
I have a margin acct. which I use only in an emergency but Ameritrade only allows day trades three times in five business days and the fourth one puts you on restriction. I play it pretty close sometimes but never break the rule. It worked well for me today and I did the right thing by going back in near the close. The stock will be higher tomorrow, maybe to 1.50 or so before it settles down. Aaah, life is beautiful !!