Tuesday's call was an update of PLUG's business etc... and apparently folks were expecting some good news about contracts, no R/S, profitability, buy-out, etc.... none of that occurred. We didn't even get the quarterly numbers which are due the first part of November.
The only conclusion I can draw is that the lack of any real announcement on Tuesday furthered the uncertainty and there was a sell off because of no substance in the call. But here we are a few days later and buyers are back in the game.
Are they cleared to do a RS, yes. Will they do it before earnings release? Who knows? Is there more business to be announced? Who knows? Can they get to $1.00 without a major announcement? NO. Will the R/S to stay listed? Don't know. Longs and bashers speculate.
So many opinions on the board (which is fun) but nobody, myself included, really knows what is going to happen.