Monday, March 10, 2014

Plug Power Inc (PLUG) news: Tesla And Plug Power: 2 Small Giants That Are Climbing To The Top - Seeking Alpha

Plug Power Inc (PLUG) news: Tesla And Plug Power: 2 Small Giants That Are Climbing To The Top - Seeking Alpha



Here is a great article by Matthew Charles Fox about Plug Power (PLUG) and Tesla (TSLA).  I own shares of both outstanding companies.  As Mr. Fox mentioned, the companies are in hyper-growth mode, and Wall Street will pay premium amounts of money to load up on both stocks while Plug and Tesla are growing rapidly.  I will probably buy more shares of both companies on significant pullbacks.



Another very good point about the author's article is that Mr. Fox showed candlestick type bar charts to illustrate how both of these companies exploded to the upside from low values.  Candlestick charts have tremendous value in visually showing large accumulations taking place in a company's stock.  If the positive bars are long as the price advances, the fundamentals and future of a company are most likely accepted by big institutions and rich investors.

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