I lost a comma in the market in 2019, made 2 commas in 2020. It happens. But as @Rudey says, best to start small if you are just starting off. Eventually you will learn enough to be dangerous, which is basically access to capital and information. It doesn’t take long to become a billionaire anymore.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
cathy woods just could not keep her mouth shut and continue to take my money
No disrespect, but nothing wrong with what she said and we as so-called black men need to stop letting emotions lead us to make bad decisions. That is relegating behavior and we are better than the Neanderthals.
Very true, I found myself in $XPEV befor Chris Sain ever made a video about it. I have a homeboy heavy into the stock market that I also get some tips from. This thread also helps but at the end of the day my own research and choices are what I rely on.
The learning curve is definitely easier with all the advantages we have now. I could imaging trying to do this with no smartphones, youtube or message boards.
Yep, PLUG and FCEL are into fuel cells. Bio Energy, Natrual Gas ( Tesla, EVs, Batterie techs, Energy) So the emergence of EVS is helping to drive up the stocks. PLUG for me is longterm, Like Tesla. They may dip but they won't bottom out ever. Long read (Colin warning but good insight)
FuelCell Energy’s Got a $1.5 Billion Problem (yahoo.com)
Will Ashworth
Fri, January 15, 2021, 8:09 AM·5 min read
I recently suggested that if you could only invest in one clean energy stock — FuelCell Energy (NASDAQ:FCEL) or Plug Power (NASDAQ:PLUG) — I would go with PLUG over FCEL stock.
a picture of a fuel cell
Source: Kaca Skokanova/Shutterstock
That was before I even realized that Plug Power had snagged a $1.5 billion investment from SK Group, one of South Korea’s largest conglomerates.
A week on from Plug Power’s announcement, which saw PLUG jump 33% on the news, I don’t think there’s any question it’s the better buy.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
That said, FCEL stock has benefited from Plug Power’s good fortune. It’s up 43% since the Jan. 6 announcement.
If you’re thinking about riding FuelCell’s momentum, you might want to consider what Plug Power’s financial windfall means for both companies before jumping on the FCEL bandwagon.
FCEL Stock Is Up 591% Since Mid-November
In two months, owners of FCEL stock have the equivalent of an annualized return of 3,500%. I don’t think there’s any way to sugar coat this other than to say that buyers of its stock have done unbelievably well for such a short investment period.
While you’ll have to pay regular income-tax rates on your short-term capital gains if you were to sell at this point, you’ll still make out like a bandit. There’s no shame in taking profits.
You might also want to consider that Jefferies analyst Laurence Alexander initiated coverage of the provider of fuel cell solutions on Jan. 7 with a hold rating and an $11 target price.
“The ‘stars aligned for FuelCell Energy’ in 2020, given favorable policy shifts in favor of renewables and hydrogen production, progress on the company’s own growth pivot and ESG fund flows, Alexander tells investors,” The Fly.com reported.
“However, now the strong secular trends, ‘tighter operating culture’ and ‘war chest’ for longer-term growth appear largely discounted in the stock price, Alexander argues.”
InvestorPlace’s Matt McCall recently discussed the so-called war chest that Alexander wrote about in his FuelCell stock assessment. In December, FuelCell sold 25 million shares at just $6.50 per share, raising $162.50 million in the process.
More important than the company’s willingness to sell shares at $6.50, a 36% discount to its Nov. 30 share price, is the fact that Orion Energy Partners, who owned 5.9% of FCEL stock before the offering, were willing to sell down 84% of their position at the discounted price.
While it’s not unheard of for a company such as Orion, which lends and makes investments to the energy industry, to want to exit its position, to do so at such a discount ought to make you scratch your head a little.
Even more so now that FCEL is trading above $18 as I write this, up more than 15% on the day.
I would not be surprised if we were to experience an exhaustion gap in the second half of January.
Plug Power Has Stronger Backing
If Plug Power didn’t have a better roster of shareholders than FuelCell Energy before its announcement that SK Group was taking a 9.9% stake in the company, it certainly does now.
SK Group had revenue in 2019 of $119 billion, making it the 73rd largest company in the Fortune Global 500. In 2019, Plug Power had revenues of $230 million. Of SK Group’s total revenue, its energy and chemicals business accounts for almost half the conglomerate’s total.
The company is in the process of moving away from a reliance on fossil fuels.
“Mr. Chey has ordered a sweeping readjustment of SK’s portfolio to be completed within the next three years. This will include carving off carbon-intensive businesses and doubling down on the company’s multibillion-dollar bets across EVs, computer chips, biotechnology and renewable energy,” the Financial Times reported in November 2020.
“‘The era of competing for scale is now behind us . . . We want to be the best company in the ESG realm,’ Jang Dong-hyun, president of SK Holdings, which helps oversee SK’s 125 affiliates, told the Financial Times in an interview.”
This was before the Plug Power investment that will also see the two companies form a strategic joint-venture partnership to hydrogen fuel cell systems and hydrogen fueling stations to the Asian market.
As I stated in my latest article about Plug Power, it plans to hit $1 billion in revenue by 2024. With $2.1 billion in a backlog and SK Group in tow, I see the odds of success getting higher by the day.
This doesn’t even consider that Plug Power could soon have Amazon (NASDAQ:AMZN) and Walmart (NYSE:WMT) as shareholders and not just customers.
By comparison, FuelCell’s largest shareholders are CVI Holdings at 5.9%, BlackRock (NYSE:BLK) at 4.4%, and Lawrence I. Rosen at 3.7%.
I don’t know about you, but I’d much rather have Plug Power’s trio of shareholders backing up its share price than what FCEL brings to the table.
The Bottom Line
The latest deal with SK Group is proof that CEO Andy Marsh’s plans to grow Plug Power are working.
While both stocks are exceedingly expensive, PLUG is the growth stock you should opt for.
have absolutely no problem taking a racists money
I do it every day and every one knows "fintwits" and "techbros" lean right anyway
green is green
Its just disappointing
Would have to read the newspaper.
and some ppl are actually pissed that all these info and platforms are available because Black ppl can be millionaires and billionaires faster than you think.
Just look at the growth of Amazon and ask yourself how many $100s you wasted in 1997.
In May 1997, a $100 invested in Amazon would have worth at least $2.4M today.
This is why I'm always fixated on what's next. Gotta plant these seeds and build my shit up...
"Proof of concept + ability to scale.."
It’s always in the back of my head that there is someone pissed off that black people are coming up off this free money. It’s like early this year when Trump gave Kodak that contract. It was just regular brews to me. Now that I have the little bit of knowledge I know what to do with those type of announcements. Best Believe I’m sharing this info with everyone I know that will listen. The ole man that works for me at my shop is already up 5k since he started his TD Ameritrade account mid December.
This....Otherwise you out here running your own mutual fund. I found i did waaay better when i narrowed my focus to less than 10.
Its not what she said its that she appears to be co-signing Parler in her statement. Seems purposeful.
Bruh i said the same thing... i enjoy being able to look things up at the drop of a hat and find the information im looking for! Plus not pahing a commission to make a trade as well!!
Many times when im on the edge about a stock i go right to yahoo finance and look up the holders of a stock....
The fundamentals and the research is what's keeping my angry ass in HLYN.
Somedays, I wanna run up in their office and start shooting all them mofos.
Like I mentioned a few posts back, just be ready for the IPO announcement soon.
Fun, just have your strategy down and paper trade
The fundamentals are trash but it’s dangerous to bet against because they are purposely squeezing shorts to run up price.
Got in on Gevo at 9.20. Is this a swing or longterm hold?
I may need to change my approach, considering doing more all in buys for a shorter period.I’m currently at 10% profit.
i got in around $6. secured 500 shares. i should have gotten more.
hindsight is always 20/20.....lol
I have to be better and more risky at this if I want bigger profits.
yeah ....with plays like INUVO, i got like 4,000 shares and spent like $2,300.
i wasnt expecting it to move like it has this morning. currently at 1.06....i've almost doubled my profits on that one.
if it gets close to $1.50.....then i've had a good day....and im done. i try not to get too greedy.
Bruh....back on DEC 8th I bought a few hundred shares at $1.69 held for 10 days while it barely moved and ended up selling at $2.77.
I set my stop loss too damn high once it was trending up...didn't expect the price to dip that low at the time and trigger it.
Yeah I took a profit but left way too much on the table. I was just doing my emotionless routine of taking profits at +20%, forgetting the fact the new administration will be focusing on clean energy.
Ah well just another lesson for the future
INUV making moves......
What's the reason behind this uptick?
they closed on $8M stock offering today.....
its been a slow grinder.....but i've held my position since pre-market. bought in around $0.70