Plug Power Inc (PLUG)

[peterpanwasjusthere]

How is everyone doing? Good news is the old technical/algo driven strategy that we've seen in its extreme form with PLUG over recent periods did not hold as true this past couple of weeks, which tells me the stock has different dynamics in play and counterbalancing trading.

This should be great news for the future as the institutional ownership continues to creep higher even, with additional ATM/secondary offerings likely still to come to market. This is a heavy capex business and there's no getting around it.

As stated before, I'm very bullish on earnings later this week. Let's see how things unfold.

Best of luck to all PLUG longs.