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Plug Power Inc. Message Board

  • bg_rox2001 bg_rox2001 Jan 29, 2013 9:23 PM Flag

    Ive been following this company since IPO

    I periodically check in on it. I have been saying since 2000, avoid this POS but people still keep trading it. Management doesn't have a CLUE how to innovate and deliver anything except disappointment. Buy this company shares if you don't like $$.

    I have listened to a few conference calls over the years and it has never been positive. The reverse split kept them listed, but just proceeded to tank the share price. The $20M in new funding will further dilute this POS company into the oblivion.

    Every time I post this same message (about every 2 years), Long shareholders get angry. In the time that I have been avoiding this stock, for every $1000 invested, has turned into about 1/2 of $1.

    Their revenue is decreasing, their product is garbage, they lack innovation, they have costs that exceed gross revenue, their are about to lay people off, they are going to release additional shares (dilution), they even claim they are "years from profitability", look at the max chart (it's straight down), what more do you need?

    This company will be BK. I am shocked it isn't already BK. Somehow they keep staying afloat with reverse splits and new funding.....

    This stock is not even worth shorting at .47 as they SOMEHOW may announce a sizable contract order that will generate a margin call (and you will be kicking yourself when it drops back to a dime 3 months later).

    Sell this POS and claim defeat. Or, you could ignore the inevitable and continue holding this losing stock.

    Sentiment: Strong Sell

 
PLUG
3.08+0.03(+0.98%)Dec 26 4:00 PMEST

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