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Re: aassnnaapp post# 16126

Thursday, 10/02/2014 12:27:12 AM

Thursday, October 02, 2014 12:27:12 AM

Post# of 58183
Maybe someone has already mentioned this, but the main reason for PLUG's drop today is probably related to the same damn, scum sucking, piece of crap, dirt bag, flea infested, bastards that are shorting another stock I own. Go check out the website for kerisdale investments, and you will see that they are a group that specializes in shorting stocks.

Globalstar -18.3%; Kerrisdale rumored to be short
Oct 1 2014, 12:46 ET | By: Eric Jhonsa, SA News Editor Globalstar (NYSEMKT:GSAT) has tumbled amid rumors Kerrisdale Capital is about to disclose a short position.Kerrisdale has a long history of sparking selloffs with bearish columns.



So, I checked out their website to read up on them and presto,

Plug Power Inc. (PLUG)
Niche Products, Poor Fundamentals, and a Best Case DCF Value of $2-$2.50/Share4.2.14Posted by Kerrisdale at 4:21 pm
Disclosure: We are short shares of PLUG. Please click here to read full disclosures.
It’s been a sensational year for investors in Plug Power (PLUG), with shares rising from pennies to more than $10. But now, it appears the party has ended, as investors are starting to cut through the promotional hype that has enveloped the company to rediscover the business’s less than promising fundamental outlook. We expect shares to continue declining sharply in coming weeks. In particular, it’s hard to imagine a company that no one wanted to buy at 15 cents a share last year is now worth $7.50. Plug Power, contrary to the bullish hype, faces severe competition, has a weak and unproven business model, and likely lacks in the research capability to innovate its way out of its current precarious financial situation…



These bastards are just manipulating the stock to jump in at a lower price because imo, PLUG has everything it needs to steadily grow into a powerhouse.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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