Hello investors, does anyone have exposure to $PLUG? The shares were helped by rate cuts and improving numbers and have started to rise nicely again (about 95%+ over the past week). It's one of my larger positions, so of course I'm pleased :-) On the other hand, part of the rally is driven more by sentiment and short-covering. At what price would you consider taking your first profits? The upside for a company like this can be significant, but the stock is volatile and the trend can reverse.
I have a position in my portfolio that's now bigger than I'd like — but it was my risky stock and those add-on buys around $0.80 just look so nice and I don't want to get rid of them :D The rally is crazy and probably shouldn't be this fast, because if it turns down we'll plummet at warp speed, and the biggest catalyst for me was for them to reach breakeven and stop burning so much cash — and that still doesn't look likely. We'll see, but even yesterday's jumps of +15% and the close at -4%... well, it's going to be a ride
I sold yesterday — made about 76% profit. I’ll buy again once it drops below $1 🙂
I have tens of thousands of USD invested, my average is $2.64, so I'm currently at break-even. I'll hold for many years — there's potential for $70 here.
I have just over 200 shares and I don’t plan to sell at the drop of a hat; I’ll hold until they become profitable or they go bust.
I only have a few call options at a $1.50 strike :)