InvestorsHub Logo

Jack_Bolander

01/20/17 7:51 AM

#28450 RE: Ag Boy #28448

DUH. To reach $0.40, it has to hit $0.80 in the process.

But there will be a couple of DCB's in route.

wrightflyer

01/20/17 2:19 PM

#28456 RE: Ag Boy #28448

$4. Not saying it'll go that far, but definitely in that direction. Anybody who thinks PLUG isn't approaching profit line hasn't been following the numbers. The word all last year was early 2017. Not sure the next earnings report will make it (personally, I think it will) but could easily be sometime 2017. Outlays and service costs dropping as revenue climbs. Don't know what else anyone needs to figure out the direction.

Pretty high short position build up in this one, too (18%). Which means the slightest hint of approaching break even could have serious move. It's also been like that for quite a while, which means shorts have are becoming complacent. Complacency usually wakes up with a panic. Finally, traders nowadays consider an oversized short build-up as inherently bullish due to the potential for strong reversals on light positive news.

All in all, 2017 very good for PLUG if you're just buying in.

All IMHO, of course.