These companies sure know how to dillute
last 70% up has been on IDK what.
The market cap is nearly a billion bucks! How many businesses are really worth a billion that use cash and not make it!!! LOL.
Do some research. The company was selling tons of shares and convertibles at that price because they were and still are desperate for cash. They make no money and tangible shareholder equity is zero. The manipulators is this company itself. They sell shares whenever they can so they can keep bleeding money.
Congrats longs They created 25 million more shares at around a buck. Good luck.
This is even worse than Plugs secondary offering at $5.75. All these stocks just went up 30% fro nothing.
Mangement was happy with $5.75. Big warning.
No more pumpers left.
DANGER DANGER will robinson loves blue horsehoe.. do not buy
Issuieing my strongest do not buy warning.
The laws of economics still exist.
will suck PLUG down
Not enough pumpers in universe to push it higher.
So do not buy.
Please do not buy over $8. You might become a bagholder
Goldman sachs says sell.
PLUG PE 80s
BECAREFUL please do not buy and be a bag holder.