The company has a bunch of active warrants that dilute shareholders. Also financials are quite weak.
Does it have potential? Yes. But it’s pumping because of the bull market. It could be years before you see high returns
Plug could technically do what Bloom did and have their fuel cells run on natural gas as well (Bloom's original plan was for it to be a hydrogen fuel cell with zero emissions) to maybe bring them in some more revenue while building out hydrogen infrastructure.
They’re still H2-only. I work in this space so got onboard Bloom before it 3x’d earlier this year, also calls on Plug but only because I thought they’d transitioned to producing gas fuel cells, they hadn’t but it’s mooning anyway so whatever.
Bottom line is the data centers are desperate and delusional when it comes to power supply and every time there’s a mismatch between daracenter demand and turbine supply, RICE engine and fuel cell sales spike.
RICE are obviously cheaper but they’re loud as fuck, and even data centers without onsite power in the literal middle of nowhere are causing uproar from noise complaints, so fuel cells are a logical choice, but they need to run on natgas otherwise the cost and complexities added by H2 are astronomical, plus nobody gives a shit about CO2 anymore because, you know, inventing God and all that.
The turbine suppliers have managed to scale up a bit more supply so things have gotten quieter in the last month or two.
No for real though how underwater are those Puts? Today must have been a real massacre for your paper account. Might have to start again. Maybe next time the 🌈 🐻 will be right?
You just need to discount the GDP by a good estimate of the amount of goods/services produced, but have no fair value because they were part of some bullshit reciprocal purchase forced upon a company to make a sale, or the amount of goods thrown in the trash immediately because it was junk by the consumer's standards.
Then what you have left is TRUE GDP, which would be a pretty good measure.
Doesn’t have to correlate, there’s always an event that unfolds to jump start the correction. Yen carry trade, credit downgrade, tariffs, etc. This is most likely one of those scenarios. Generally when RSI gets above a certain level, there’s some event that can jumpstart a correction.
Sell you have 950,000 dollars the probability that this stock will fall is too high. Look at the fundamentals of this company, do you know how to read a balance sheet? You have a lot of money but get advice you need it