They will have to dig a deeper hole, since they are already standing at the bottom! Approaching 6m shares of volume so far today and PLUG is still up 10%. Volatility will remain high, but, over the coming months the price is going higher!
.......beat on revenues....but! ........beat on gross margins.....but! .....PLUG growing like a weed.....but!
.....PLUG improving on key metrics every sequential quarter.......but! and so on!
Is there a lack of commitment developing within the short's ranks?
Are there any objectives or plans to develop into a successful business? Management likes to tell us about new technology, backlog of orders, and expanding customer base, but, the more they sell the more the company loses? I find it hard to believe that the management team still is employed by the company!?
SEC should be taking note of todays shorts' coordinated efforts! Not to worry, shorty is paying me five figures in interest dollars to borrow my shares! Nice divi while I hold the PLUG shares for future growth!
FCX recent 5 point recovery has cost shorts well over a $billion! I know that isn't much money for shorty, but, all technical indicators say there is a lot more upside!
Even with a constant interest rate the costs are based on the underlying value of the securities borrowed! In other words, the recent 40%+ increase in PLUG's price has raised shorty's borrowing costs by 40%! Pressure builds!
The whole 'daily short volume report' is a bit of a farce since it is an industry, 'self regulated' system! Unfortunately, I haven't found anything better. Unbelievable, that taxpayer's money was spent to 'investigate' rampant 'illegal' shorting and this is the best they could do! I just love the penalty for naked shorting......you are put on a list (ooooh) until you cover or borrow shares. Many, many, securities remain on the reg sho 'failure to deliver' month after month!
Nine out of the past ten trading sessions NRF short trading volume has been above 50% of FINRA reported volume. It was 69% today? Something doesn't smell right!?
Wide open space up to $10.86 and then major gaps above that. May take a while (or not), but this stock is set to run!
These low volume days on PLUG certainly beg the question....? I guess there is a price where longs might give up a few shares, but, trying to fin 34m will be expensive!
cw, Management's focus has been on self enrichment, not on shareholder's interests since the NSAM spin! Tell me where I am wrong? They have run the NRF ship aground and they think repainting the upper decks and redecorating the captain's quarters will make the passengers(shareholders) happy, again?!
Tells me that management is in denial! The problem is their excessive greed and compensation! Earn their wealth by driving the stock price higher! Everybody would be happy and 'Land and Buildings' would have no case! Stockholders can't afford much more 'value creation'! Responding to L&B with whiny comments is not the answer!