Here is Yesterday’s ‘momentum monday’. Ivan and I discuss the last 15 years of $PLUG – not a new name in the world of traders. We also dive into China and it’s relative performance against the US Markets and how that may play out in the near future. We talk about our favorite robotic stocks for the machine theme that is underway and finally I dig into the Gluten trend and $BDBD (interesting supply and demand scenario). Before you dive in to the show, I also point out below the video embed, some interesting facts about $PLUG and the Stocktwits community and data:
Here is what $PLUG has looked like on our ‘signals’ page the last few weeks since crossing $5:
The stock has dominated discussion and it has been bullish. The discussion started with the stock under $1, but stocks can’t hit our trending bar until they reach $5. Last month, I gave a ‘standing ovation’ to Michael Bigger when the stock crossed just $3, up from hi buy and research in the 40 cent range . Yesterday, the stock hit $11.
I don’t know if this momentum continues, but at Marketwatch (Dow Jones), just yesterday they reported that $PLUG was their most active ticker page by an order of magnitude.
— Steve Goldstein (@MKTWgoldstein) March 11, 2014
I continue to believe, that Stocktwits can be used as an early warning system to isolate big momentum moves. You must spend some time using our ‘signals’ tab and monitoring the ‘trending’ tab, but the free tools and real time community measurement is second to none.