PTSD Trader
Long/short equity, special situations, growth, growth at reasonable price

Buy Plug Power Before October 1st

I've never written about penny stocks before because they are not my cup of tea. Any trader worth his or her salt is aware of rampant manipulation in penny stocks. However, when Plug Power (NASDAQ:PLUG) recently came up on one of my insider buy screens, I immediately noticed the volume pattern on the weekly chart. Since the bottom dropped out of the stock in February of 2013, the stock has been under heavy accumulation and displays weekly volume never before seen in the stock's thirteen year history. Over the last decade, the stock has been beaten worse than Kevin James' character in "Here Comes the Boom". Shares are currently worth $0.63 and market capitalization comes in...

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