Plug Power (NASDAQ: PLUG): Pattern Predicts This $5 Stock Will Soar More Than 150%

Plug Power (NASDAQ: PLUG) is nothing if not volatile. The company, which makes fuel cell systems, went public in 1999 at $15. At the height of the tech bubble in 2000, shares hit an all-time peak near $150, up nearly 10-fold in less than five months.

The stock crashed and burned as the bubble burst, falling below $5 in late 2002. By May 2011, with shares near $0.50, management decided to do a 1:10 reverse split to maintain its Nasdaq listing and make shares more attractive. This put the stock in the low single digits, but the slide continued until PLUG hit an all-time low of $0.12 in February 2013.

To lucky shareholders' delight, the stock then began a rapid advance, surging nearly 10,000% to a high of $11.72 in March of this year. (more)

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