Alternative energy names, like PLUG, BLDP, CPST, SCON and FCEL, are the latest craze on Wall Street. This is a sector that was considered to be a joke, a laughing stock teetering on bankruptcy. Now it’s all the rage.
Before that, the shippers came back to life, eating the brains of short sellers from here to China. Before that the biotech sector surged and before that solar stocks skyrocketed, alongside Chinese burritos and education related names.
If there is one thing that is bankable in this market it is this:
ALL DEAD STOCKS COME BACK TO LIFE, LIKE ZOMBIES, TO AVENGE THEIR DEATHS UPON THE SKULLS OF THE SHORTS WHO KILLED THEM.
And that’s it folks. All you have to do, mind you, is isolate a sector that has been bludgeoned, position accordingly, and wait.
What’s next? Is anything still down?
LNG fuel plays: CLNE, WPRT
Steel and Iron: CLF, MTL, SIM, GGB, VALE
Retail: VSI, GNC, JCP, SHOS, TLYS, ARO, LULU, FRAN, AEO, URBN, ETH
Ag Chem: MOS, POT, SQM, IPI, AVD, TNH
Pawn Shops: EZPW, DLLR, CSH
Gold: GORO, RBY, SAND, KGC, AEM, AUY
Coal: ANR, ACI, BTU, WLT, YZC
Refiners: ALJ, DK, CVI, ALDW, CLMT, PBF
Residential Construction: HOV, MHO, KBH, GFA
REITs: MITT, CBL, O, DLR, AGNC, CCG, ACC, ARR, SBY
There you have it. All of those stocks are part of sectors that have underperformed, measurably, over the past year. Look for signs of resurgence and be careful of false breakouts, since most of the above names have been murderholes.
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ARTX (Israeli Battery Company) has been moving HIGHER lately !
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Yes! You’re back
This is hilarious
http://www.funnyordie.com/videos/18e820ec3f/between-two-ferns-with-zach-galifianakis-president-barack-obama
LMAO! That was great.
MRIN is my next big play. This one has huge upside potential in the SaaS space and is down pretty healthy from its IPO last year. Balance sheet looks great and they raised FY guidance on last earnings. This one is gonna rip tits off when it catches upside momentum and gets more name recognition.
gar I can’t believe what I sold the zombie CPST for
I don’t even want to check how many shares I once held. FTK city
RIG is another dog that could bark.
ME! present , $plug old troll .. me was trolling plug when it was 0.6. I was given to be a troll .
Mr Fly , i have a serious question , what do you do when your broker online doesn’t work and this make up for a let’s say 10000$ ( for inability to be in the market with essential -and paid- trading tools ,apart from the website of the broker ) . Do you take it to the lawyer ?
let’s say a 10.000$ loss ( instead of a 10000$ missed gain )
Good luck with that one. I’m sure you agreed to a bunch of terms that it could happen and you cant hold them liable.
well it depends . when they make it x0000$ at years in fees , .. i hope they are good in math
i’m a good client of them . they can be somewhat stupid ( loose a client ) but i will make them know the math before in this case . i just wanted to know if mr fly exp same things and how did he react.
bood – are you still trolling mCig? It’s getting to a spot where I could see myself buying
not in the name at the moment
i would wait 0.4x to buy . it’s a target . don’t know if it reaches there . it depends on the whole mjna sector , if it doesn’t pull any more could stabilize at this price
for anything in the mjna space refer to $mjna movement , it’s the big driver , at least it has been until now , for many names. it seems that it has reached a mid term bottom/price so a big pull ( of $mjna) is not very likely , nevertheless lack of strenght could drive mcig i,e. to the aforementioned target