Plug Power, Inc. (PLUG) has seen no change in its stock price today, with no new developments reported in the news. However, discussions on Reddit reveal a community of investors deeply engaged in the stock, with many sharing their experiences and strategies. One user mentioned holding 24,000 shares at an average price of $2.15, while another claimed to have been buying since the $30s and $40s, managing to average down to $2.75. The conversation highlights the challenges of dollar-cost averaging (DCA) in a volatile market, with one user lamenting, "DCA is so hard. I could buy 2k more shares and still only get to a $6 figure."
The Reddit thread also reflects a mix of skepticism and hope among investors. Some users question the feasibility of achieving such low average costs, while others discuss the potential for Plug Power to become disruptive and marketable before possibly declining. One user humorously noted, "Reading these posts I wanted to laugh but this is such a sad story it almost takes away the Xmas spirit," indicating the emotional rollercoaster that long-term investors often experience.
As of now, Plug Power's stock remains steady at $2.38, unchanged from the previous close.