Replies to post #2776 on Ecomike's Favorite stock picks and Stock DD topics

[Ecomike]

That is correct!!! And the recent lows, retest as you said, was less that $100 in shares over about a 12 week period of 3-4 share per day bid whacks, LOL

[Ecomike]

I was right about CBAK being a great stock to short, I just picked the entry point and put options too soon (bad timing). She plowed under $3 today and is in free fall now. May try it again on a bounce or buy a call for a bounce at the bottom? Float is low enough to see a nice dead cat bounce if we pick the bottom and time scale right?

[Ecomike]

From the PLUG board

"Yes, but the fact is PLUG is still loosing money on every unit they sell. The more they sell, the more they loose. Not good imo."

I totally agree, been trying to get that message across here for some time!!!

It will only get worse as the world wakes up to the failed cost structure of using H2 and H2 powered legacy, ultra costly fuel cells in favor of a switch to formic acid and MVTG fuel cell cells that cost 20 cents on the dollar of a PLUG fuel cell.

And Magnagas who uses an H2 based fuel for welding just had a huge plant explosion, So much for the safety of H2 gas as fuel!!!!