a sign of a purchaser being completely incognito as to their slow accumulation. My question is why the steady slow buys at open when daily chart shows lower entry point later in the day. I've seen this before big moves up in a few of the low cap stocks so if there is merit to this individuals buys and a super low float this could explode with any news SOON!
You are spot on! Also I was very conservative on my purchase amounts from the am buys. More like 200K+ daily at open. Also look at the 52 week high on 09/09/2014 and the very healthy taper to an accumulation pattern since. All very good signs that this company, now being profitable, could draw the attention of a buyer as you stated. Look for coming highers closes into next earnings and see if the cup formation continues, if so this could blow through $6.50 fast. I picked up 20K not long ago and will keep buying and expect more positives to surface soon. G.L.!
more like news on the horizon. No one would risk that amount if RADA was ready to drop on finance issues or debt. Also the fact there is no excessive volume and a drop shows strength. This is not MM action but someone getting in before a run. It's holding on so should you!
run corporation. How can a product that assists those who otherwise may never experience walking again not draw attention world wide. Once investors grasp this product as a miracle they will gladly pour in capital. The ROI could be immense!
"A healthy rate of growth in market demand is expected to continue and, in combination with orders for multi-year deployments already received from such customers as Walmart, Plug Power anticipates an increase in its order book for products and services to $150 million at the end of 2014, a threefold increase from the prior year."
That alone propels PLUG right past the $6.00 target and beyond, now factor in much higher margins with 0% taxes and you have new highs coming! Fantastic news.
NEW YORK (TheStreet) -- Plug Power (PLUG) is continuing its march upwards. The alternative fuel cell maker added 14.9% to $6.69 by early afternoon Tuesday.
On Monday, shares exploded 24.6% after Cowen & Co. analyst Rob Stone said its recent deal with Wal-Mart (WMT) was only the first of big-name contracts.
"The six-site Wal-Mart order is also a framework contract for future sites," said Stone in a note. "We expect more deals with customers."
They are on track to BEAT this by 100s of units. It's like Noah telling those who are watching him build the ark and laughing at him. PLUG is telling investors, Wall Street, and analysts who'll listen were close to going positive. If that doesn't move this past $6.00 again then nothing will. BUY
If this doesn't generate interest what will? They are doing what they said they'd do and then bettered that. My gosh when will this thing be rewarded? LONG
Can this be broken down into an actual figure before taxes? TIA.
SHORT position for whatever reason. That will change and you'll see a 150M shares trade in one day and this back over $6.00 then flying to $8 !
37 M shares short and a substantial increase from September. Why?
Has to! then let us see what Street throws at it!
The only ammo needed for PLUG is this consensus figure by analysts to go from $-0.03 to $+0.01 and you'll see a stampede to BUY and volume of 150 M +!
Also, the state tax being eliminated by N.Y. governor in the last week or so may add to the bottom line. Not sure when it goes into effect. If PLUG were to actually break even this Q and beat the consensus of $-0.03 by analysts following, then we get traction for at least $6.00 again IMO!
Good news is stacked high and yet it falls incrementally daily with decent volume. That is simply shorts backing out slowly.
Anyone who can't add this up for at least $6 is just plain stupid!
Caterpillar, and the list goes on. Now these are some of Wall Streets darlings and you can bet they're calling hedge funds to apply pressure on PLUG as things continue to heat up in this space. If PLUG can continue reducing costs, attracting world class customers and draw attention by being green and more reliable it's only a matter of time before the tide turns. Emissions alone in the US are playing a part in helping PLUG enter the market as regulation start tightening. Who doesn't want a cleaner solution world wide! PLUG is just one of the answers. BUY and don't look back because this is reality getting ready to hit!
At Boeing plane tugs were were an essential part of moving aircraft for every line move. There were 100s of them throughout the assembly plants. Most were so old and broke constantly that I can't imaging Boeing showing interest very soon. Now factor in Fed Ex, UPS, Walmart alone and you can begin to see the scale here. It's clean energy folks and eventually everyone will help do their part in going green! Better get some plug today and thank me later.
Modern Materials Handling Magazine released a list of the top Forklift manufacturers and suppliers of the year. Check out the results:
Rank Company 2008 Rank 2009 Revenue US Brands Headquarters
1 Toyota Industries Corp. 1 $4.6 billion Toyota, Raymond Aichi, Japan
2 Kion Group 2 $4.1 billion Linde, Still, OM,
3 Jungheinrich Lift Truck
3 $2.3 billion Jungheinrich Hamburg,
4 Crown Equipment Corp. 5 $1.6 billion Crown, Hamech New Bremen,
5 NACCO Industries 4 $1.5 billion Hyster, Yale Cleveland,
6 Mitsubishi Caterpillar
6 $920 million Mitsubishi, CAT Sagamihara,
7 Komatsu Utility Co. 8 $750 million Komatsu, Tusk Tokyo, Japan
8 Anhui Forklift Group 9 $668 million Heli Hefei, Anhui,
9 Nissan Forklift Corp. 7 $624 million Nissan, Barrett,
10 TCM Corp. $593 million TCM Tokyo, Japan
It's coming and no one can stop it.