Will I get spanked again-like back at $11.72 ? :-) JMI
I'll put my faith in chairman of the board McNamee, who recently purchased 200,000 shares on the open market. Adding here.
I am in the camp that this time is different. More like a freight train heading out for the long haul.
That was fun. Let's play again tomorrow.
Longs, PLUG was up at $2.72 right after the announcement of Amazon's investment in its business. We will re test that price today.
Looks like the $3 level will be challenged, today? Based on the Fibonacci sequence, PLUG should bounce back temporarily from this key resistance level! Once thru $3, it should see $5, then $8, and then tough resistance at $13! If it runs through $3 in a day or so, $5 should follow relatively quickly! Example of this sequence.....take a look at BLDP recent move!
the after hours movement shows just how contrived the drop was today. Completely manufactured by short sellers who are staining their pants. These guys have spent the last few years relying on their selling to completely depress the stock price. Those days are just about done.
Over 1m shares traded in under three minutes on the open..........guess there is an interest in PLUG these days!
It is good to be in at the bottom because this story and stock will be much higher in three months and two years and five years.
Trader Nick 44
Light resistance between here and $3.00. I am surprised that both the $2.52 and $2.70 were taken out today. Very strong! we're definitely looking at substantial strength here. JHMO
All aboard!!! Next Stop 52-week highs of $2.70!
Pre-market mini trade signals say get your shovels, fellow shorts! That hole isn't deep enough to reverse the rising tide!
It's nothing personal PLUG, normal profit taking from this recent run up. Investors generally are skittish, afraid of a general major correction, want to make sure they save some gains.
I bought in on amazon news @ 2.35 than 2.06 than again @ 1.89. Against my FA I used my play money 50k shares. To be honest i had never heard of Plug Power. Once i read up i was instantly convinced this was a long term play and hold. I kinda panicked and sold my entire position at 2.75, thinking it would do what it has been doing after a pop on news and retreat back to the low 2's. Now Im afraid i made a mistake. Albeit i made a nice profit, i still believe this company is the future. I hate to say this but i hope i can reenter in the mid 2's
The fool has struck and they didn't knock plug. wow.
Wednesday's short sales trading volume was 51.7% of total FINRA reported trading volume for the day! Just data . folks!
There is something brewing here, huge volume and a breakout....we should to see alot more new buyers here in the morning!
Long term play, the future is hydrogen power.
Thoughts? Walmart has signed a deal to spend $600M on PLUG products and in return will be offered warrants to buy 55.3M shares.
Amazon has signed a deal to spend $600M on PLUG products and in return will be offered warrants to buy 23% of the company.
It seems to me that there will be a race to see which one is the first to spend the $600M and gain substantial influence in how PLUG operates (which might impact the relationship with the "loser")?
Today's action won't mean anything three and six months from now. Unless your a trader.