Watch and learn. PLUG never delivers nearly the number of its so called backlog. Marsh and teal are proven liars. Love the volume as you will soon see, more owners of large volumes will lead to massive selloff come Q4 and year end numbers. Remember PLUG "backlog" and so-called orders do not represent purchase orders AND PLUG is running out of cash and will need a huge dilution in the coming month or two. All of PLUGs PRs and management discussions are nothing more than BS.
What is wrong runjjd, don't like the fact that the company has lied to investors for years? BIG dilution coming. Forget about being profitable next year or the year after. Just a matter of time before Marsh comes out and revises guidance down. He does it every year.
Read the companies safe harbor statement. They need to raise more cash and pending orders may not convert to purchase orders. From PLUGs history they never do.
Right! But Marsh has said it all before. He promised profitability in 2012 and came no where close. He said they would be profitable in 2013 is no where close. As is stated in the safe harbor statement Marsh's so called bookings do NOT turn into shipments or orders. All one has to do is look into past SEC filings, investor presentations and management discussions. PLUG is running out of cash and does not have enough cash on hand to fulfill Marsh's orders. He is a master at lies.
Or the SEC refuses to stop CEOs from making things up to pump the stock. PLUG management has been proven time and time again to lie to pump up the stock. DILUTION coming soon.
THIS SAME CEO AND PR DEPARTMENT ALSO STATED THEY WOULD BE PROFITABLE IN 2012 and 2013.
Nice little call from Marsh. All smoke and mirrors. Took out a rather sizable short position at the end of trading yesterday. Marsh has stated many things over the years and anyone who has followed the company knows he is full of #$%$! The company will need to raise additional cash and must maintain the current price for 10 consecutive days. The company and stock are currently way overbought. The huge volume yesterday has given the best opportunity to short this company in years.
Exactly! Marsh and his amateur PR team have also stated they would be profitable in 2012 and 2013. All of his so-called "new" orders never turn into actual shipped units. And the units PLUG does ship they lose money on. Here is the plan, lie to investors, announce orders under safe harbor protection, reverse split, dilute, revise guidance for 2014, state PLUG will be profitable in 2015 and dilute again. Keep in mind PLUG does NOT have cash on hand to fulfill even $10 million in orders.
They are tracking you and probing your IP address. Good luck with that! Insider trading is illegal.
omg omg omg
Are you looking for more government handouts? More government corporate welfare? Lots of risk with this stock, more dilution sure to come. Reverse split just weeks away. And omg, omg they lose money on every unit they ship. OMG! They even lost $16 million in Q3 2013.
Sure ya did! There were just not that many shares sold or bought at $.13 for the number of pumpers on here who say they bought there. Once again proves that the pumpers on this board are complete liars. It could it be a $10 stock right after the 1 for 25 reverse split which shareholders have approved.
I will go in after PLUG does their reverse split and dilutes a couple more times. At that time I will look and see if they are making a profit which I doubt highly. You see runjjd PLUG loses money on every unit they ship. They are running out of cash and will need to dilute early next year. After the next quarterly report, it will be proven again that Marsh can NOT deliver and is a complete liar. This will be proven when the years burn rate is shown AND the fact that Marsh publically stated that the company only needed to raise $15 to be profitable. They rose more than the $15 million and will come no where near being profitable.
Very good question! The CEO has consistently overpromised and undelivered. He has lied and lied again to the investment community. Pumpers would have you believe that this is some great company but the facts are facts. The company has spent nearly $1 billion and has never turned a profit. They lose money on every unit they sell. Good news for Hypulsion is not necessary good news for PLUG since AL owns most of Hypulsion. When the CEO talks about sales everyone knows it is complete #$%$ because he has been talking about sales and backlogs for years and never ships units close to the backlog. REVERSE SPLIT and then DILUTE! They is the play. Buy the rumor and sell the news. PLUG may very well be below 50 cents by the end of the year.
Here are a few clues runjjd:
1) The company will run out of cash sometime in Q1 2014. DILUTION
2) Even if the company gets an extension they will not meet the $1 minimum bid rule in the required time. REVERSE SPLIT
3) Even if the company says they received a large order, they lose money on every unit they ship. GROSS MARGIN ON SALES-NEGATIVE.
4) The company will come no where close to shipping backorders because the backorders and "new" ORDERS ARE FICTITIOUS!
5) R&D expenses to increase dramatically in coming quarters. INCREASED LOSSES!
6) As has been historically been proven time and time again NOTHING MARSH SAY SHOULD BE BELIEVED!