Yup, $5 machine. Shorts, nope, PLUG longs are not gambling (I can hear it already). This was play money, not like my PLUG investment. Couple days ago I sent my daughter $500 on her honeymoon for an extra wedding present. What goes around comes around. I can now send her some more.
Many stocks have bagged 50-100 fold overnight following breakthrough news such an FDA approval for a new miracle drug or a mineral exploration find but for PLUG, we're probably looking at 10-20% gains following significant news, but these will compound over time.
New investors should view this as a positive. We are indebted to those previous investors who have funded the R&D and business development expenses to get us to this point. That 800 million are funds that we new investors do not have to pay to acquire a company with its potential today. To them I say, thank you.
He didn't say that he could not afford to lose this money. It's taking risks like these that have completely turned around lives into the American dream. I congratulate him.
Don't talk about Friday when this whole week has special days. Today is Taco Tuesday, I think, so no announcement today.