Post by
tamaracktop on Apr 07, 2021 11:53am
Notice something?
There have been 4 different solicitations to join in class action suits against Plug filed in the last 24 hours. 3 since after the close yesterday.
The same sort of thing that Xebec announced. These suits are common and usually alledge untimely disclosure, misrepresentation etc. Notice how they are calling for investors who have lost $250,000 or more only? It's just a bunch of ambulance-chasers looking for well-healed clients who have been financially wounded.
99% of the time, these things amount to a hill of beans. For example, there were half a dozen announced against FuelCell after it closed its financing on October 2nd at $2.10, alledging misrepresentation.
Then it went to $29.44 in the first week of February.
Don't worry about it. Plug and FuelCell are definitely holding us back, but its nothing more than an annoyance. A P-i-t-A** that too will pass.
Comment by
tamaracktop on Apr 07, 2021 1:31pm
My sincere hope (belief) is that Q1 will mark the beginning of blowout news.
Comment by
ZouZS3 on Apr 07, 2021 1:34pm
I have a feeling that last 30 minutes will be promising today
Comment by
tamaracktop on Apr 07, 2021 2:10pm
Very possibly. An ideal close technically would be to recoup noticably more than yesterday's losses on considerably more volume than yesterday. Right now the prospects of that happening look very iffy, but as always, in the market, one never knows anything for sure. Until it's already happened . For example, I can tell you for sure exactly what happened yesterday.
Comment by
tamaracktop on Apr 07, 2021 2:13pm
508,000 shares at $5.20 at 2:12. Keep an eye on the volume. The volume is key