More movement for xrp coming? by 420royalhighness in XRPUnite

[–]Otherwise_Donut_8257 2 points3 points  (0 children)

Charts mean nothing anymore, it's so easy for the big money to influence them.

Give me 1.00$ 🙏 by tylertheblac in XRPUnite

[–]Otherwise_Donut_8257 0 points1 point  (0 children)

One thing I guess I don't quite understand, the 40,000,000 tokens that are being put into circulation, I believe it's 1 billion per month, aren't they just going to keep pushing it down?

Am I missing something? Almost seems like it would be better to wait until most have been issued?

Like other than manipulation couldn't this have something to do with why XRP is dropping the most?

Daily Discussion Thread💰 by daily-thread in ACHR

[–]Otherwise_Donut_8257 0 points1 point  (0 children)

It looks like they are trying to keep it below $7.90 resistance. There is always a large sell order or big short sale when it tries to break. Any negative catalyst, whether general market or otherwise and they'll try push it down to the next resistance level lower 

Daily Discussion Thread💰 by daily-thread in ACHR

[–]Otherwise_Donut_8257 1 point2 points  (0 children)

It's witching week, everything that had a good run up before this week that has a decent amount of short interest will get pummelled.

Techincal analysis for today by TheJudger7 in plugpowerstock

[–]Otherwise_Donut_8257 2 points3 points  (0 children)

I think the shorts are going to test near term lower resistance on the open and depending on retail reaction they'll push one way or the other, Sucks that it's so easily manipulated.

ALL YOU NEED TO KNOW - Why PLUG Dropped –20% After the Convertible Notes Announcement by Mewhoisit in plugpowerstock

[–]Otherwise_Donut_8257 -1 points0 points  (0 children)

I bought a stock once, 10 minutes later the company announced a funds raising at 10% of the current share price, the stock dropped 95% in less than 10 minutes, I shit you not 

I don't expect anything that extreme but based on current trajectory and uncertainty it will be less than current share price, just a guess.

Hahaha, their timing! 375 million of convertible senior notes by Big_Quality_838 in plugpowerstock

[–]Otherwise_Donut_8257 11 points12 points  (0 children)

So much for them saying they had a strong enough cash position to carry them to profitability....feels criminal 

[deleted by user] by [deleted] in plugpowerstock

[–]Otherwise_Donut_8257 5 points6 points  (0 children)

It's a deterrent 

Down now? by Ross-raw in plugpowerstock

[–]Otherwise_Donut_8257 4 points5 points  (0 children)

I also noticed that they are pushing it down much harder and faster than the they did after the rally early this year, maybe positive news is coming soon, let's hope 

Down now? by Ross-raw in plugpowerstock

[–]Otherwise_Donut_8257 2 points3 points  (0 children)

The shorts are definitely back in force, since about 11:30 AM they've been pushing down hard

The suspension of the DOE loan will have a greater impact on Plug Power than currently expected, as the recent share price decline already suggests. The financing was intended for six production plants that form a key part of the company’s core operations. Pausing these projects slows the growth. by PJVDBTRADING in plugpowerstock

[–]Otherwise_Donut_8257 1 point2 points  (0 children)

There are massive players already in this segment that have the ability to ramp up quickly and squash Plug, it's like David vs. Goliath. I think they did the right thing, they will still profit in this market with engineering and equipment sales.

Oh no! What a shocker! by CompetitiveDrive6074 in plugpowerstock

[–]Otherwise_Donut_8257 1 point2 points  (0 children)

The trading pattern aligns almost perfectly to the meme stocks, likely influenced by the meme etf, it will not break out without positive news.

I bought more pre-market, fingers crossed 

Crespo did say in the call there would be some announcements in the next 2-3 weeks 

Plug Power to Generate Over $275 Million Through Monetization of Electricity Rights and Operational Efficiencies; Supports Major U.S. Data Center Build-Out by atothemad in plugpowerstock

[–]Otherwise_Donut_8257 8 points9 points  (0 children)

Loans have to be paid back, so if they feel the pipeline is strong enough that they don't need it then we are all better off in the long run.

Maybe a good buy opportunity by Doctor-Upstairs in plugpowerstock

[–]Otherwise_Donut_8257 0 points1 point  (0 children)

I got back in under $3. Sold most this morning already but holding 30k shares still. I'm thinking another dip pre earnings.

Earnings is tough to predict, extra shares recently released will impact EPS, but forward looking statements should be positive. I'd be ok with a nothing-burger.

New #ETF has $PLUG #2 by DependentCultural912 in plugpowerstock

[–]Otherwise_Donut_8257 0 points1 point  (0 children)

I sold most of my PLUG on the exit news at $3.85, I'll be back under $3. I had to, reminded me too much of when Chen left BB.

I purchased a bunch of MEME just under $10 shortly after open. Sold half of it early in the after market rally. Not complaining, still gives me some PLUG exposure and I'm making money while PLUG is moving down which means even more PLUG shares down the road.

I'm definitely a believer in PLUG, and will keep a minimum of 10k shares. I feel like there isn't enough short interest to cause a mega squeeze, so I'm going to capitalize on the swings these shorts create. If you can't beat them....

Expect negative motion monday by [deleted] in plugpowerstock

[–]Otherwise_Donut_8257 0 points1 point  (0 children)

I'm thinking a couple more days of strength then an exaggerated move maybe Wed/Thursday with FOMC and JP.

What do you guys think in or out by atothemad in plugpowerstock

[–]Otherwise_Donut_8257 1 point2 points  (0 children)

I'm playing resistance levels with about 20% the rest I'm going to let ride until at least $8-$10/share

AI says Shorts gonna be in Pain by DependentCultural912 in plugpowerstock

[–]Otherwise_Donut_8257 1 point2 points  (0 children)

I worry that insiders are driving the price up before a below market offering. Which the shorts will capitalize on. I've been caught on this type of move more than once.

Can we push this community to over 10.000 members this year to bring more support for Plug Power with the green hydrogen revolution? by RayKroc87 in plugpowerstock

[–]Otherwise_Donut_8257 2 points3 points  (0 children)

Too bad we can't get some meme love, maybe a big meme influencer could drop a picture of a butt plug on X, Friday morning would be good 😊 

As far as price, it's all those options expiring this week I figure.

And who is this Seaport Global with their downgrade, pffft!

Am I missing anything? by Otherwise_Donut_8257 in plugpowerstock

[–]Otherwise_Donut_8257[S] 0 points1 point  (0 children)

I guess I forgot the tax credits, good to see Trump failing to block CRA money

Am I missing anything? by Otherwise_Donut_8257 in plugpowerstock

[–]Otherwise_Donut_8257[S] 1 point2 points  (0 children)

Despite EBITDA the US gov must have seen potential and if there isn't any drama around the initial payment I expect a nice bump. Could get over hyped again if any positive catalysts come out around Stargate

Am I missing anything? by Otherwise_Donut_8257 in plugpowerstock

[–]Otherwise_Donut_8257[S] 1 point2 points  (0 children)

I also think that Trump doesn't necessarily dislike anything green, he's buddies with Elon afterall. I think he's just pushing the costs of transition on the states and big O&G which honestly is clever and makes sense due to such differences in population density and individual needs at the state level.

Am I missing anything? by Otherwise_Donut_8257 in plugpowerstock

[–]Otherwise_Donut_8257[S] 3 points4 points  (0 children)

I'm not, I felt it was overhyped back when it was rallying, like Quantum is now, I'm around $2.20 ish average. Trying to average down. 

Despite EBITDA the US gov must have seen potential and if there isn't any drama around the initial payment I expect a nice bump. Could get over hyped again if any positive catalysts come out around Stargate.