Thought I would check back in with this nonsense stock called PLUG (Plug Power Inc).
This is the small cap Fuel Cell stock that anti-EV money floods into in the dream of the "Hydrogen Economy obliterating TSLA".
It is now up about 100% since I last talked about it, Q4 earnings 13th March.
Not certain that this ought to be played with short term options, but as a direct holding I suspect the 12 month gains would be rather interesting.
Since the big boys have started up about hydrogen (Toyota etc) as the alternative alternative in the past year this stock is up over
$4000% from the 52 week low.
Yet at sub $6 (actually more than $6 now after hours) it is still more than $140 off its all time high. The ATH occurred last time the fossil fuel and auto industry needed an alternative alternative to EVs (see who killed the electric car) around 1999 / 2000. For some reason google is showing the ATH at $1500, but pretty sure it is suppose to be $150.
At a rough guess $40 Jan 1 2015, might even pick up speed as Toyota Hyundai and others make more of a fuss about FCVs.
Obviously this is a stock to get out of before anyone figures out that nobody wants to buy an FCV. LOL.
Anyone that stuck with this story so far, congrats.