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SoL #12: ...Or Maybe Not

|Includes: BLDP, FCEL, Plug Power, Inc. (PLUG)

Yesterday, I blogged about the crash in fuel cell stocks. Today, however, all of the stocks I mentioned were up a good amount. This was especially true of Plug Power (NASDAQ:PLUG), which had a major rally today.

PLUG Chart

I think this was a dead cat bounce and the downside is even bigger now after the rally. I believe they surged because they were sold a little too quickly yesterday and stand by my opinion yesterday that they are headed lower.