Gross Margin on Sales: NEGATIVE 40%
Underwriter always raise the PT just before the offering. They want a better commission and then short the stock with the over allotment!
You know nothing! Or do you??? PLUG has settled once for insider trading.
“Investor relations firms owe their clients a duty to maintain in strict confidence the important and sensitive information that clients impart for the sole purpose of obtaining help and advice on how best to communicate forthcoming news to investors,”
Of course the same folks said it would be $50 billion in 2013. They also said the Brooklyn bridge was for sale for $50 in 2010.
Are they the underwriters for the next secondary? Of course they raise the target. They then take the overallotment and short the hell out of the stock making a fortune on the short.
He has done it several time. And don't worry about being reported. The SEC is already watching. Ad I don't mean you. They have bigger fish to fry inside the company.
They do not freeze trading when the company rises 10% in 2 days for some BS press release why should they freeze it when it drops 10%? Someone on the inside must know about the impending round of dilution. Knowing the management and its insider trading schemes surely the sell off is shorts that KNOW the secondary's offering price.
There might very well be a JV. But it will be as meaningless as Hypulsion. Agree dilution is imminent.
Hilarious! how many times has HYGS reverse split? Just based on the latest split the stock is trading at 1.25/share. Then take into account the split before that it trades at .25/share. The price does NOT reflect the beating "longs" have taken on HYGS. And of course Roth are one of the most well known corrupt companies on Wall Street.
Hahahaha. Right. That is why they had to double the number of shares they can sell. They are either concerned about being taken over OR plan on diluting shareholders into oblivion.
Wrong! Toyota has publically stated that they have fuel cell stacks in the ready should the market ever "explode". They have also stated there is no path to profitability in the market segment. That is why they are building a huge battery plant to manufacture state of the art batteries which destroy the efficiencies of Hydrogen. Do your research.
PLUG puts out fluff PRs once a week. But reality comes in the form of SEC filings where the management can NOT lie. The company has never turned a profit. Has gross margin on sales of ~NEGATIVE 50%. A single customer accounts for 80% of the companies total sales. Government tax credits for PLUG products are coming to an end. Most of PLUGs former customers said they would NEVER do it again. The company will come no where close to profitability in 2014, even with the sales, and will be worse in 2015. However PLUG management will continue to mislead and lie promising profits from some other product. That will never come.
So they made the agreement on the very last day? Really pushing the eleventh hour angle. Or how about this, there was never a MOE with Hyundai or when Hyundai actually did some research on PLUG they said no way!
Oh I would not say that. Marsh has more dilution up his sleeves. Look for Marsh to get more free shares as he dilutes more. Marsh will be gone by the end of the year with a huge parachute as the board tries to save some face after coming no where near being profitable. Marsh did his job though. He lied and misled enough stupid people that this time would be different. Alas, with Toyota becoming a bigger player in the lift space, both batteries and fuel cells, PLUG will now shift to something else they can make at huge NEGATIVE gross margins.
Keep talking. Making stuff up. Keep in mind PLUG in under SEC investigation.
This whistleblower provided the agency with specific, timely, and credible information that allowed for a more rapid investigation than otherwise would have been possible. The whistleblower had tried on several occasions and through several mechanisms to have the matter addressed internally at the company.
hahahaha...and hundreds of millions dollars of more dilution. PLUG loses money on EVERYTHING they sell!
In fairness, the lawyer has the toughest job at the company covering up Marsh's lies. Fighting the lawsuits. Not to mention the SEC investigation. He will need the money for his defense attorneys as the collusion counts start rolling in.