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I am first to admit my own irrational exuberance about Plug - there have been many times that I should have sold but did not. Oh well. I've been with Plug from the beginning (when I thought MKTY was going to make a fortune with miniature fuel cells :-( But with the new federal law and with Plug's expertise with green hydrogen, this time it is for real.
and when I have doubted, I go back to the fact that BlackRock and Vanguard are the top 2 institutional holders, with over $1 billion invested EACH. (not to mention SK!). These are literally two of the top 5 successful investment firms in the world. Does anyone think that they would invest billions in a company without doing some serious due diligence, reviewing the books, analyzing the business plan, understanding the market ? I'm letting the big boys due my due diligence and I am sticking with Plug. I'm comfortably retired, so this is for the kids and grandkids - and some decent charitable giving.
Cheers to all the longs.
…or $60. ..and you know what I say is the truth. ..🇺🇸🇺🇸🇺🇸!!!
Shorts are quaking in their boots.
Hello $30 range !
And with nice volume too !!
Thanks !
:-)
JMI
The IRA legislation prohibits tax credits going to Foreign countries.
PLUG will flourish in the coming weeks in months because the plan is to build a green hydrogen infrastructure in the United States.
Apparently there are companies that are dependent upon China and consumers that are dependent upon China, but that is not the case with PLUG.
Keep smiling Andy
You can't make this stuff up. Haha