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Plug Power Inc. Message Board

  • df108g df108g Oct 8, 2013 11:11 AM Flag

    I think they will get the extension from Nasdaq

    Nasdaq, in the past, has acted more liberally in granting extensions when the government's disfunction has reached critical mass and thus effected the economy and markets.

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    • Probably at the cost somewhere near 10 to 1. The dilutions peg this pig under a penny.

      • 1 Reply to reachedeasystreet
      • Agreed! The reverse split will be somewhere in the range of 1 for 10 to 1 for 15. Since the stock right now is less than 7 cents a share pre split from the last time they split shorts and longs that have just plain given up on anything Marsh says will drive the stock down to below 1 cent in a matter of months. Here is the thing, PLUG will still need to release a 10Q filed with the SEC for Q3 2013. Don't think for just one minute that Marsh gave all the bad news in yesterdays conference call. Increased research expenses will drive losses much lower than previous quarters. The burn rate will increase and the runway shortened. At some point the #$%$ at Zachs will downgrade PLUG and the stock price will plummet. I doubt the fraudsters at Cowen will say much at all since they are the only ones other than management and the BOD that made any money in the recent offering. Well Investco was smart in the latest round and dumped immediately but they have lost a ton in previos rounds so they are still deep in the hole.

1.61Feb 8 4:00 PMEST