altus, this should come as no surprise. The CEO has lied and misled investors for years.
Could also be that some of the insiders sold options and stock without filing with the SEC.
The financial loss suffered by investors is due to misleading statement by the CEO. It has nothing to do with shorts.
The company has a history of insider trading. They have been fined before, look it up. They also have members on the BOD who have been accused of accounting fraud in the past.
PLUG will show that they lost more in 2014 than in any other year of its existence.
That despite "huge growth".
Facts are facts, Marsh has been promising PLUG would be profitable since 2009. PLUG has come no where close. He has lied, deceived and misled investors for years.
What? The ONLY reason they did NOT go out of business 3 years ago was because the CEO lied and told investors the company "would be profitable" in 2012. They came no where close and the CEO diluted several times. Then in 2013 the company was almost BK again. The CEO told air liquid insider knowledge that they were about to sign a deal with Walmart. Air liquid invested in PLUG for pennies on the dollar, Walmart signed the deal knowing AL was investing and now AL is almost completely out. Since then the CEO has told investors PLUG would be profitable in 2013 and 2014. Again he diluted and was able to raise cash based on lies, deceit and misleading statements. PLUG came no where close to profitable in 2013 and 2014 will show PLUG lost more than any other year in its existence.
Doubt it! PLUG is bleeding money and loses money on everything it sells.
The CEO of PLUG and now a board member of GEVO is a proven liar.
He has promised PLUG would be profitable every year since 2009 and has come no where close.
All the while he has diluted shareholders time and time again. He even did a reverse split.
THAT is what is in store for shareholders of GEVO. Current longs will be destroyed and new investors will come in and make a fortune based on lies.
Do your due diligence PLUG has been fined for insider trading and is currently under investigation for insider trading.
FACT: PLUG is down more than 70% in the past year. How is that short squeeze working for ya?
New 52 week low coming with the Q4 losses report and 2014 report.
PLUG will lose more in 2014 than in any other year of its existence.
That is a fact!
The CEO is a proven liar who has over promised and under delivered for years.
He lied to investors stating the company would be profitable in 2012, 2013 and 2014 and never came close.
All the while he diluted time and time again. He even did a reverse split.
PLUG growth is NOT sustainable as the tax credits expire.
Can only mean one thing..........insider trading!
Expect a press release next week. Insiders are buying now so they can sell after the press release.
Then the Q4 report and yearly report which will show PLUG lost more in 2014 than any other year of its existence.
NO profits which Marsh promised!
Speaking of schedules.....when is PLUG going to release the Q4 results? How about the 2014 results? The reports that will show PLUG came no where near being profitable. The reports that will show PLUG lost more in 2014 than in any other year in the companies existence.
Andy also said PLUG would be profitable in 2012, then again in 2013 and then again in 2014.
Andy is a proven liar!
Where has that been published?
Are you privy to insider information?
PLUG is under investigation for insider trading so it comes as no surprise if you are.
PLUG will lose $100 to $200 million in 2015 and dilute several more times.
The company reported operating loss of $10.7 million in the third quarter, compared with $8 million a year ago. That was for Q3. The Q4 numbers will be worse.
The fraud continues to be Marsh promising profits. He promised profits in 2012, 2013, 2014 and now 2015 and has come no where close.