Clean Energy (CLNE)

[trade2much]

Jld - jmho- some of it is the latest top 12 list the other day where a broker/analyst put CLNE on its top 12 to sell. Some of it is worry, if there is a further recession, due to the shut down, or a default. Default would likely send the economy and Oil in for a dive, as our S&P rating would likely go down and the market then in general. Plussss NG almost never does well when Oil dives,NG becomes less competitive, hence CLNE would be affected and the cry for clean is drown out by the Cheaper oil price.

Imo the biggest hit was making the top 12 sell list the other day. Imo it is likely also a bit of crap, but CLNE SP still has to fight against sideways trading for months and a range bound stock with no divy and a VERY HIGH short of float %. CLNE is not in great shape to do so. *Keep your eye on the short of float % on Finviz/yahoo. When there is a bad climate and some bad news the shorts further drive the SP down and sometimes in heavily shorted stocks even pull a bear raid many times.


I am long term and will be more inclined to average down as this settles. As usual we shall see! jmho

BOL