Use access key #2 to skip to page content.

EPS100Momentum (72.54)

Momentum Stocks got hit hard today by FED News

Recs

6

March 11, 2014 – Comments (6) | RELATED TICKERS: PLUG , BLDP , FCEL

Its shocking to see what happens when Hedge funds bet WRONG.

Hedge funds were buying millions of shares of FNMA and FMCC, the thinking was that the government would allow the companies to go back to the shareholders since they will have paid off the entire government loan of $179B and thensome.

The reality though is that the FED intends to phase out the companies.

How did this affect the rest of the market?

Once hedge funds saw the news it was too late to wind down their entire positions without suffering huge losses in the processes, Therefore, to avoid margin calls they sold off shares of all the recent momentum stocks that they were in and guess where Hundreds of millions of shares were being traded in the last 7 trading days? 

PLUG, BLDP, and FCEL

The selling in all three stocks was horrific enough to cause even hard core longs with no intention of selling to Sell.

Such are days to love though, because who would have thought you were going to be able to buy PLUG at $5 something or FCEL at $3 again today after all the bullish news that has come out of the Alternative energy sector the last two weeks.

Oh about the retarded comment from an analyst that said PLUG is like going to a casino? The entire Stock Market is a Casino my dear Sir.

Where was this guy when PLUG was $5 and news of Walmart Deal came out? Out to lunch that's where.

The stocks will re-group and continue their upward momentum. Nothing has changed for the negative in this sector and being carried down because of Hedge Fund losses in other investments is only temporary. 

6 Comments – Post Your Own

#1) On March 11, 2014 at 6:12 PM, EPS100Momentum (72.54) wrote:

I have 39 Multi-Bagger Stock Picks and counting.

 

Report this comment
#2) On March 11, 2014 at 6:14 PM, joaquingrech (97.77) wrote:

I think PLUG and FCEL are toasted... what didn't make sense was they going up like crazy

 

Report this comment
#3) On March 11, 2014 at 6:17 PM, joaquingrech (97.77) wrote:

oh and btw the reason they sold was not because of FNMA news, those hedge fund had no positions on the plug/fcel/bldp junk. The reason the junk collapsed is because there was some big news about the companies that hit the fan, just check citron research.

 

Report this comment
#4) On March 11, 2014 at 6:41 PM, EPS100Momentum (72.54) wrote:

CITRON is a Short Seller and he tells half truths so he can cash out.

He claims PLUG is worth .50/shr?

That is a childish claim as everyone knows that no tech stocks sell at book value.

Look at TSLA its worth $5.42 shr but trading 40x that value.

.50 x 10 = $5/shr

.50 x 40 = $20/shr

Report this comment
#5) On March 11, 2014 at 6:51 PM, EPS100Momentum (72.54) wrote:

If Citron had any legit stories to tell they would be telling everyone to stay away from all the Cannibis stocks that are trading at larger market caps than the Fuel Cell stocks. The difference though is that the majority of the cannibis stocks have little to no Revenue and Little to No Cash.

I will not list the cannibis stocks which are doing this because what is the point, I have no interest in them.

But hey why would Citron make a story about PLUG? Because they have an interest in seeing the shares decline so they can profit from their short.

Report this comment
#6) On March 11, 2014 at 7:56 PM, awallejr (79.46) wrote:

Don't get me going on Citron.

Report this comment

Featured Broker Partners


Advertisement