Just read the article. I think that's why they had the offering. Of course the company chosen will be FCEL because they are out of CT too. We will know on Tues. Get ready for an immediate spike as in PLUG with their new business ventures. 2014 is the year for fuel cells. It's about time. These used to be high fliers but all tanked way too low. I should have purchased more.
Here's a statistic-we're at a 52 week low. Wish someone would buy them. We've been through a lot with the reverse split. No dividend or any positive news to hold either. It's been years.
Click on profile and see how long FCEL has been in business. They are here to stay. They will use this money to make acquisitions or invest more in their core business. Patience. . .
but I did own it when it reverse split. The only way I got out was when silver skyrocketed (it took years) but now gold and silver are not glorious or trumped up. Too many nay-sayers but what might help this time around is all the negative earnings reports that are coming out all this week. Good luck to all. Unemployment still too high which will also be good for precious metals.
Look what happened to ACHN. Same crock and it blew up. I sold that one too at a profit. Get out at the pump or you will become a bagholder.
Smart move. I sold all mine too. Look at insider infor-no buying here. They know way more than we do and they aren't biting.
Just looked. It was May 27th, 2009 that a one for 10 stock split happened. That means these people are at a dollar a share if they are long. Cramer always said to stay away from CDE. He's only right 50% of the time but he was right about this mgmt. team. Very poor.
Look at insider trading. He BOUGHT millions of shares. I do not own Sears but am watching it closely.
Insiders are given these shares at $8.00 - $12.00. Of course they are going to sell and make a huge profit just like all the other entitled.