Just fyi, I've been noticed by the mods that PLUG and FCEL aren't direct competitors and shouldn't be compared. However, on this board, I keep seeing how PLUG and solar are where things are at and FCEL is going to the dogs. So, I'll just put this out there.
From IBD today. The alt-energy group has dropped all the way down to 4th out of 197 industry categories after last weeks problems. Is 4th out of 197 pretty good?????? You tell me.
In the alt-energy category. FCEL is currently number 2 with it's accumulation/distribution rating dropping to A- and it's up/down volume coming in a 2. That says more of the big boys are buying rather than selling and the stock is under strong accumulation.
For comparison, PLUG has dropped to 17 in this category. Still excellent. They started the day with an accumulation/distribution rating of C, but by the end of the day it was up to B-. Their up/down volume comes in a 1.7. Certainly this performance is excellent. But.......... it's no FCEL.
BTW, for disclosure, I'm long both FCEL and PLUG.
Regards,
WH
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