i think some are #$%$ for the 10.50 give away yesterday....... but i also remember the guy who bought nearly 950,000 shares at about 14 in January....
totally agree. best thing would be a sideways move for the stock and the chart averages to catch up to price around 6-7 bucks. story and company improving, and ironically the short report was the best thing for the stock really. i am looking out 2-3 years on this stock and thinking its much higher
channel locked at 4.30... no up or down conviction. we are dead sideways, which i think is positive as it means "everyone is holding" tight. they need to announce some commerical shipments and big new deal, cause if stock can break out to 5, then we can definately see better days ahead
listened to the Roth presentation from yesterday, and plan to own the stock for the years and years of growth and retrofitting that the forklift, distribution centers, baggage movers, EV range extenders,and refigeration markets offer......................................
I am holding a long position, and selling covered calls to bring my costs down. I think Plug is making some very real progress and is not a company focused on the past. I am glad they are using "basic" tech in fuel cells to solve real problems for companies. (fuel cells have been around for decades, so what) the "only" forklift distribution center market is only worth Billions, and add in shortly range extenders for EV and refig. units on trucks and the longer term potential for other onsite power. these are ALL potentially huge markets, with over a decade of retrofit potential.
Now plug has plenty of cash to operate, is planning a plant expansion (announced a few weeks ago), and has already publicly stated 70M is revs. THIS YEAR. And has newly hired experienced sales manager. And the CEO stated on CNBC that plug will be profitable this year, and i think repeated that before interview ended (thats strong talk with SEC implications for him personally).
We can po po the past and how bad it was since 2000, or look at the real customers, the wal mart order and fed ex test and expansion plans and say plug will be a high growth company for many years and the forklift market ALONE will take a decade to retrofit. i am keeping my stock for awhile...
for what "this". Ceo does not control or influence daytraders who over hype up and over hype down. as a real investor i am in. unfolding story and deals are real. the chart of the past 3 trading days was and is total unsustainable. stop blaming ceo for trading actions they do not control.
the action recently is NOT investors its players. wait for stock to overreact to the down side... best thing for the stock will be to flat line and stabilze above the 50 moving average, over the next 6 months
plug reports on Thurs. you think this was manipulated by day traders? I am long, and fortunate to have low costs. company story is fine, but the stock will be broken for awhile as this was all trader Bs these past few days. The stock must find a new "reasonable" base in the 5 and 6 range and get investors holding the stock. we will need to wash out alot of traders first.... so expect a bummy ride. the stock needs to come in and stablize for it to be a healthy situation again.
the January presentation (avail on website) shows distribution center market valued at i think 22 B. just the distribution "fork lift" market. so over the next ten years with cap x replacement and what for market share??? 1% 3%...
never mind, thats just forklifts.
i am long, but we need a pause. unhealthy chart. repeating the walmart story over and over and over make me think we go down on the Q report next week just because???
sold some out of money covered calls and hope to keep all my shares.. I would prefer the stock to settlle down and stablize as this is all hyped up now and we haven't even seen the institutions or big houses take an interest yet.....
it would be best for the stock to settle down into the 5s again and go sideways, and let a whole new base form a new strong position at that level. todays action is all day trader BS and news runers and followers. i am in for the longer term and not chasing the stock around
rate. Sell. Stock is obviously stuck in a trading range, so the traders can churn it... i am keeping the stock as a long term hold, too many very exciting applications to ignore
- the comments about the voice and tone of speakers is not relevant IMO
In short, stock is dead money for atleast 2-3 months or longer, so I will only hold small spec position.
However, the Diamond G. news was very interesting and reps. a whole new market area, albeit late 2014, more likely 2015.
Real production and sales at best are 2H 2014.
between now and Sept. i think we go sideways so i will look to build a position maybe later this year, for 2015 I am not down on the stock or comp. i think the call was sound and shows rationale approach to what they are doing - getting manufc. right (and saving a ton of $$ as they are doing the CEO search on their own) - i just think theres no catalyst right now for forseeable future.