Interesting to see if a story of a bombing appears on any network or cable news. If it does look out ,3 easy. also another strike could occur at anytime. Maybe NSU needs air defenses to stop the vandalism.
nyguy, what is your opinion of and the legitimacy of the potential lawsuits against PLUG?
On March 3, 2015, the Company announced a delay in the filing of its Form 10-K with the Securities and Exchange Commission due to unforeseen delays in collecting financial and other related data, due to a substantially higher level of complex customer transactions. As a result, according to the Company, full-year results also have not been finalized. PLUG is also unable to provide a reasonable estimate of the results or the anticipated change from prior period results.
The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation.
To summarize, common sense suggests that any NT is bad news for the company, and a red flag for investors and regulators alike. A little digging into the data suggests that NT filings that are either filed outside of the 40-41 days window or are not followed with a prompt completion of financial reports raises more significant red flags.
In the next post on this topic, we will look into NTs that cited accounting issues as the reason for delay. These, according to the accounting literature, are especially significant to investors and regulators.
emarld I have two accts one (IRA) with an avg of 1.80 I have held fo years the other I trade on price change. Go back an read some of the old interviews CEO did with reporters. He made some starements that were a bit misleading. I just think some perspective is needed when the 9+ $$ price drop is blamed on illegal shorting. I am long but also a trader. My current position in my trading acct is from the 2.60s and still holding it on this run from there. I believe in PLUG F/C tech and this company. The CEO finally gets it under promise over deliver. Real nice move this morning!! Shorts will cover.
You leave out the many times that PLUG mgt has made statements that were misleading and didn't materialize. (30mil deal etc), inaccurate guidance, missed earnings and just SIMPLE profit taking. Where is your proof of any illegal shorting? Good luck with the letter but it is a waste of time. Much of the blame for the 11 to 2 drop is with PLUG and general market trends and the 30+ mil of reported shorts which are legal !