If PETE NAJARIAN just said that on CNBC - well then I feel very badly for any shorts who stayed in overnight! WOW
CNBC has power, this stock traded SOOO many shares that there really is no way to shake this move, it's really not normal! And with China saying in quote "We must now stop pollution" you know whats up. Hydrogen is in DEMAND BAD!
PS, very important: There was a mention today in a news report by General Electric, yes (GE) that they are very interested in Hydrogen technology.
Now think about this for a minute, PLUG and Ballard are making money as we speak, they work together.
So I will go out on a wim and predict that BLDP and PLUG merge, also that GE shows interest in profitable technologies with Hydrogen Tech companies and I predict that they may be a buyer.
You just do not see volume and price moves like this, it's not normal! Compare the volume today with PLUG Powers past rocket ship ride to $150.00 +. The volume back then does not even COME CLOSE to any sort of a comparison. And back then they were not even close to profitable, now they are black as we speak, they make money now.
So in my opinion there is MUCH more to come out of PLUG.
And with the US Gov't behind these stocks publicly and recently, all I can say is hold on $14.00 is next and much more.
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