Simple reason: A lot of betters, both institutional and retail traders, wanted to make a quick killing after the first quarter results showed fifty percent revenue increase and Marsh telling us that the profitability is around the corner (by 2017)!! They bought a lot of shares but had to part with those when realizing that that dream may take longer and, hence, they just parted to find greener pasture elsewhere!! A lot of monkeys now control what goes on in the market,and they are being manipulated by vested interests. The real fact is that Plug is adding more and more happy clients and is making its products better. Profit will come, but not when the betters want!! It will be there when the time is right. Until then, if you are smart, just keep adding when the monkeys drag it down.
The trading of this stock certainly is being manipulated by WS machinery and opportunist shorts who fill up posts on this board. Therefore, to ask this question on this board and expect to get realistic responses is a thoughtless action. Anyhow, during the CC presenting the quarter results, Marsh had stated that the 2Q16 revenue was 58 percent greater than that of 2Q15 and yet the articles published later by AP and Capital Cube both steamed that it was 17 percent lower!! Who do you believe?!!
Cheng, IMET has been already granted ODD in the USA for more than a year now for both MF and MDS and yet it has no effect on the SP!! The rally in the SP to-day may fizzle if the EMA's approval for just MF!! I think, the reason, in my view, for the to-day's rally is that something better and a bit exciting is about to come out.
This issue vis-a-vis no such issue with hydrogen-fuel usage is apparently deliberately not mentioned by lithium-batteries vested interests!! Marsh must bring up this issue publicly in line light!!
Some time back, a few influential Congressmen/Senators visited the PLUG facilities in NY and, I am sure, they are working on some sort of legislation that will push the hydrogen-fuel usage for transportation and other energy projects at least as an alternative fuel. The lithium batteries pushed recently by vested interests has one big drawback - that of toxic substance disposal (which is not an issue for hydrogen fuel but is never mentioned by the battery interests!!). Marsh should publicly bring up the toxic-waste disposal issue w.r.t. lithium batteries.
Wrong!! Read the CC transcript and digest the clear fact that Marsh stated that the 2Q16 revenue was 58% higher than 2Q15 revenue!! Who do you treat more reliable the official version OR the AP writer's?!! Just do not think others are fools like you're!!! Look at the thumbups I get and thumbdowns you get!!!
and complained about misstatements in the articles by Capital Cube and AP in the Yahoo Finance this week and the last that the 2Q16 revenue was $20M compared to 2Q15 revenue of $24M, both adjusted basis!! Baloney!! The actual numbers as announced and discussed during the last CC were $37.9M and $24M, respectively! I asked the management to take the both liers to task and even report effectively to the SEC against both liers to spread lies. I haven't received the reply yet; but, I am sure, they are looking into it. Any comments? Only serious ones, please!
Looks like the vermin are going to take the SP up by a dime to-morrow to ear their living!! Can they ever get less greedy and engage their rotten mind into something worthwhile and productive?!!!
Mostly shorts! They must perish otherwise their extinction is sure to take place before even 2017 arrives!! Don't complain that no body warned you, idiots!!
I do not expect any exciting news w.r.t. the trials until JNJ decides in favor of the continuation which they will wait until internal reviews of both the trials are completed later this year at the earliest. Scarlett may just give his opinion as to when it is likely.
Tell me, Shenfield, don't we generally love and boast about having a wealthy person as a friend than a poor or an unwelthy one?!! If Trump was my friend, wouldn't I go and boast to my kith and kins that Trump is my friend and invited me for a dinner than boasting about one who lives in a poor neighborhood in a small apartment?! How can we then blame other Ameticans who are lured to vote for Trump and the media people who advertise for Trump? After all, the people running the media are none other than our brothers and sisters!!
Excellent post and a very appropriate chain of thoughts. Unfortunately, only wise and far-sighted Americans can appreciate it, not the brainwashed Americans whose proportion in our society is increasing to a dangerous level. But, why so? Perhaps because our society is increasingly cozy and respectful of money and power! My point is, we're the ones who created this situation, isn't it?!!