Plug Power Inc (PLUG)

[Digra Ive]

JV with Hyundai and more
The BOD won't accept the rise of A/S if there no base for such action. Ok it is right to think this way [[ Rise of A/S = business growth = dilution**]]. By the way, it is my way to interpreter their activity which will occur in the nearest term.
Recently, PLUG has raised $165M in cash for their business. This amount is over then enough to support production and even increasing output of manufacturing.

However, I strongly believe that current increase of 205M shares may have another interpretation then selling into the market.
PLUG is very appetite company. Big institutions will be happy to hold shares in their portfolio because it provides warrants.

IMO:
- The majority of shares won't be sold to the open market.
- Acquisitions of one of players at a field of housing appliances.

The last one could be very attractive at the light of the last events related to relations of EU and US with Russia. Please don't forget that Russia is a major supplier of the nature gas to European countries. EU will be happy to cut off such dependence.

By the way, I hardly believe that Hyundai-JV was finalized and there is no much to do with, except to hear about how much it will add to a pocket of PLUG.