"Bulk hydrogen is usually produced by the steam reforming of methane or natural gas."
Further support by Air Liquide if so.
Holding stock in Plug is hardly central to Air Liquide's business plan.
The point of buying it was to lend a hand to a key partner during a critical period.
There is no reason to expect that selling it would be less strategic.
Have you never taken profit out of the stock market?
You should try it some time if you are lucky enough to make a profitable investment.
Note that I said "lucky," not "smart."
Only a total moron would be capable of making the remark you wrote.
From today's SEC filing:
Item 3. Source and Amount of Funds or Other Consideration.
The shares of Common Stock sold by Air Liquide Investissements d’Avenir et de Demonstration (ALIAD) as described in this Amendment No. 1 were acquired upon the conversion, on August 26, 2014, of 5200 shares of the Issuer’s Series C Redeemable Convertible Preferred Stock (the “Series C Preferred Stock”) acquired by ALIAD on March 8, 2013 into 5,521,676 shares of the Issuer’s Common Stock. ALIAD acquired the Series C Preferred Stock using internal capital of the Air Liquide group.
Item 4. Purpose of Transaction.
ALIAD acquired the Issuer’s Series C Preferred Stock as an investment and in order to support the business of the Issuer. As a result of both the improvement of the financial condition of the Issuer and market conditions, ALIAD determined to dispose of a portion of its holdings at a time that ALIAD considers favorable.
He broadcasts a signal that it's clear to short when all the big trading desks drop him word they will not be buying a particular stock on a given day.
He's like that little boy street urchin in a 1950's gangster movie who makes the rounds of all the mobsters' hideouts to circulate word that the big boss wants everyone to know.
That's why his articles are nonsense. It doesn't matter what they say. They merely constitute a hit list, as in "No one's buying PLUG today."
After full conversion of their promissory notes by 10/31/2014 or so, fully diluted share count will be north of half a billion shares.
SUNWorks showed a little less than 800,000 gross profit last quarter. Let's call it a million and optimistically predict double growth quarter over quarter. That's 1 + 2+ 4 + 8 = 15 million gross profit in the next 12 months.
Market cap at 20 cents = 500 million shares X 20 cents = 100 million
P/E at 20 cents = 100 million / 15 million = 6.7
Even giving you generous quarter over quarter profit growth, 12 months from now you're lucky if this stock is selling at 40 cents. A double, yes, but assuming you have 20,000 shares at 20 cents, you're making $4,000 in a year. My net worth swings 5 times that amount in a single day.
Dilution is going to keep this stock from going anywhere. And more dilution (acquisitions with convertible debt) is the business plan.
Numbers will not lie.
100 Walmart DC's will be converted.
FedEx will convert their GSE's.
Europe, Asia, TRU's.
Auto manufacturing plants.
Kroger, Ace, Lowe's, Sysco, P&G, Coke, etc.
Plug has too many premiere customers for hedge fund sharpies to be able to sabotage them all.
It's just a matter of time.
Profitability followed by the short squeeze of the century.
They run it up so the private equity boys can convert.
A transparent scam.
I loan you 100 grand. You let me convert the loan to 100 grand/ 0.01 = 10 million shares.
Your boys hit the YMB's, financial blogs, and phones to do the pump.
Suckers buy, I convert.
I and my pals loan you a total of 3 million bucks or so, all convertible for a penny a share.
Run it up, we convert, short, cover with our penny shares, and retail investors pay.
Check out the big blocks sold today, the convenient run up into the dump each time.
After much effort deciphering the data presented in paragraph form on pages 9 through 12 of their 10-Q filed on 6/30/2014, I have put together the table below. You are welcome to verify these numbers for yourself.
The following convertible promissory notes are outstanding:
3/1/2013 ----- $ 8,000 @ 5% = 400,000 shares @ 0.020
5/30/2013 --- $ 100,000 @ 10% = 7,692,308 shares @ 0.013
11/19/2013 -- $ 100,000 @ 10% = 7,692,308 shares @ 0.013
1/29/2014 --- $ 100,000 @ 10% = 7,692,308 shares @ 0.013
1/31/2014 --- $ 500,000 @ 10% = 38,461,538 shares @ 0.013
1/31/2014 --- $ 750,000 @ 10% = 15,000,000 shares @ 0.050
1/31/2014 --- $1,750,000 @ 4% = 87,500,000 shares @ 0.020
2/11/2014 --- $ 100,000 @ 10% = 2,000,000 shares @ 0.050
Total notes --- $3,408,000 … Total shares --- 166,438,462
As of today, Solar3D's fully diluted share count is 383,505,342.
Most of the convertible notes expire around October 31, 2014. Assuming they are all converted, fully diluted shares at that time will be 383,505,342 + 166,438,462 = 549,943,804.