Plug Power, Inc.

Short

Short $PLUG - Correction Anticipation

By Deimosfinancial

Updated

is highly volatile and had a huge "buy the news event" when it announced a 172m contract over 2 yrs by an unnamed buyer. This is undoubtedly good for over the long term, but an +18% move yesterday is optimistic at best. Shorting for a 5-8% profit exit.

Note

So another bull run today. Still anticipating this to retract in a major way because this parabolic rise is unsustainable.

Deimosfinancial

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