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Somebody on the FCEL board remarked on a 4.5 million trade at the close in that stock also.
Last year was only a mega-symposium and PLUG used the opportunity to announce deals with Engie and United Hydrogen, as well as unveil their $1 Billion 5 year plan.
Hopefully, this year's Super-Mega-Gargantuan Symposium will follow the same pattern and give us more great news.
Short interest up a couple million:
SETTLEMENT DATE......... SHORT INTEREST
08/31/2020...................... 54,310,186
08/14/2020...................... 52,022,178
Last week's PLUG action seemed like coordinated manipulation. That's all I've got to say about it.
September 24
FEATURED EVENTS
Please select a highlighted date from the calendar
09/24/20
2020 Virtual Plug Symposium
Add to Calendar
Thank you peter.
I agree with your well reasoned advice and had come to the same conclusion during the weekend. Yesterday I closed out my written options and invested fully into a slew of different calls.
So far, so good. :)
Thank you for the clarification regarding Amazon's drones. I have to admit I'm disappointed Amazon isn't currently using fuel cells in them. Maybe someday.
I wonder who will be supplying the fuel cells for Amazon's drones. From my research, PLUG and BLRD seem to be good candidates.
https://techxplore.com/news/2020-08-amazon-faa-packages-drone.html
https://www.h2-international.com/2019/10/13/plug-power-now-also-active-for-drones/
It should mean a good pop in the stock of whichever company is chosen. I find it interesting that PLUG just had a news release regarding drones a few days before Amazon's FAA approval was announced.
https://www.marketwatch.com/press-release/plug-power-develops-1kw-progen-fuel-cell-system-for-robotics-and-drone-applications-2020-08-19
I pasted a cut and paste from the FCEL quote page on Etrade.
Q3 earnings are expected to be announced on 9/7/20
Estimates: -0.060 | -0.063 | -0.070 (High | Mean | Low)
Q3 earnings are expected to be announced on 9/7/20
Estimates: -0.060 | -0.063 | -0.070 (High | Mean | Low)
No change to speak of in the latest short interest report:
SETTLEMENT DATE SHORT INTEREST
08/14/2020............... 52,022,178
07/31/2020.............. 52,106,889
How well positioned is PLUG regarding being a major supplier of fuel cells for the trucking industry? Are there a lot of competitors? Are our fuel cells superior in any way? Are we working with any truck manufacturers?
Does anybody else have the feeling we're setting up for a run like TSLA had?
New short numbers:
07/31/2020 52,106,889
07/15/2020 58,423,614
Thanks for the earnings call transcript Silver Horizon.
I notice our biggest booster, from HC Wainright, Amit Dayal, was not in attendance at the earnings call. Wainright was represented by Sameer Joshi instead.
I hope everything is ok with Amit. He has been a major player in getting PLUG noticed by the markets.
What in the world is a gigafactory?
https://www.inverse.com/article/52637-what-is-a-gigafactory
We're never too old to learn.
22 million shares in the first half hour! I think we've been noticed.
:) She's worth a $billion; but only to me.
Thanks Big daddy,
If I were to load any more fully, I'd have to put my wife up as collateral. I'm a true believer in PLUG and what they are accomplishing.
Good morning Big daddy,
Sometimes you make remarks that suggest you have a closer relationship to the company than many of the rest of us. If you do, and if you are able, would you mind telling us newcomers what it is?
Thanks, and good luck.
>>>>>>'"Each new opportunity to expand the adoption of hydrogen fuel cells is an important step to building the hydrogen economy,” said Andy Marsh, CEO of Plug Power.' That sentence is not specifically promoting Plug Power (other than saying the words are those of PLUG CEO), but rather the entire "hydrogen economy".<<<<<<
In other words, "Where we go one, we go all."
It isn't too much to ask, but the answer remains to be seen.
Good luck to you.
To break us out of this tailspin, the hydrogen sector needs someone to post blow-out earnings. But who?
Bloom announced a revenue beat today. The markets are getting tough for our kind.
In a short squeeze a stock will generally rocket up due to an urgent need to buy at any price. Once the short shares are covered, the price normally falls quickly until it reaches a fair value range, usually a good bit higher than when the short squeeze began.
After the short squeeze, shorting games should be curtailed, and the stock should assume a more orderly, less volatile, trading pattern.
Short shares only fell 14 million. Lot's more yet to fry.
SETTLEMENT DATE SHORT INTEREST
07/15/2020 58,423,614
06/30/2020 72,000,865
Thank you SilverHorizon. I wasn't aware there was more to the interview.
Hopefully we don't have to play catch up all day today again.
Here is the Mad Money interview, for anybody who hasn't seen it:
Yesterday's announcement of the $7.5 million grant sufficed nicely. We know there are bigger and better things coming soon.
Do you know if companies often schedule interviews with Cramer on days when they announce major news? If it's not uncommon, I'll take a chance on some short-term options.
I'm so glad I listened to you Big Daddy, rather than that Bolander guy. I blocked him awhile ago. Is he still spouting his nonsense?
Bull markets are built on a wall of doubt and worry. We'll be fine.
PLUG is showing signs of starting a major move. :)
We should see updated short interest around 7/15 give or take a couple.
I don't know if this is correct, but etrade has it on its analyst page:
Stephen Byrd
Morgan Stanley
Hold
06/30/20 $34.00
I thought $50 was a bit high, but a high limit today keeps the shorties at bay. Good job.
I thought I was stretching the limit at $14. Do you really believe the squeeze could take it to $50?
Short squeezes are usually fast and furious, as well as short-lived.
If you don't want to miss it, I suggest setting a sale order for some of your shares at a much higher price than we are at right now. I picked lucky number $14.
Twice a month. I look for it here:
https://www.nasdaq.com/market-activity/stocks/plug/short-interest
New short interest report:
06/15/2020
Short shares 72,064,190
05/29/2020
Short shares 69,978,173
It already may be outdated due to recent events.
New analyst price targets so far today:
Colin Rusch Oppenheimer
Buy
06/24/20 $8.00
Craig Irwin Roth Capital
Buy
06/24/20 $12.00
Amit Dayal H.C. Wainwright
Buy
06/24/20 $14.00
Jonathan Dorsheimer Canaccord Genuity
Buy
06/24/20 $8.50