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Anyone want to speculate TSLA is PLUGs new customer? TSLA has a conference call and is sure to mention their huge endeavor in expanding manufacturing. I very much doubt it, but it would make sense. TSLA claims to be green and it would be blasphemy to use the old school pollutant forklifts.... fuel cell lifts seem to be their only choice?
I dont think a CEO can be dumb enough to let their companies pps drop this fast/much without some plan. Especially with guidance support by Morgan Stanley. Biggest wth is going on moment I have seen.
Plug Power Inc (NASDAQ:PLUG) has been one of the most volatile stocks in the U.S. And the company insiders seem to be confident about its future. On April 1, 2014, 10 insider trades took place. Surprisingly, 9 of those trades were purchases. Plug Power Inc (NASDAQ:PLUG) director Douglas Hickey sold 912 shares, though he purchased another 912 in a different transaction.
Www.yahoo.com
PLUG is on Yahoo! front page, or is that just showing for me?
Like a spring being pushed tighter and tighter, that with the right finesse (announcement) can fly like a rocket.
BLDP and PLUG have struggling revenues, yet hey are on the brink of fuel cell revolution (major profits). Together they offer a lot of mutual benefit. Considering BLDP missed recent earnings, and PLUG is due to make their own stacks, BLDP is in a position to negotiate (by force of events).
Almost a dollar a share if BLDP was at a $1 (109mil shares or so).
Could be a merger/acquisition with BLDP. Or could be a manufacturing set up for China. Could be a sell to Hyundai to soldify the joint venture? Who knows!! Haha
Must be a merger or acquisition that occurred. I dont think a buyer would be okay with 5.50 purchase and have that companies CEO let the price drop like this.
We have a detailed pr on the offering today, dont we?
A lot of buys. Is something going on at the event today that we are unaware of? Or is it not open yet.
I see it as very possible. We still dont know what the funds are being used for. We also dont know of any deals other than the one, whose name hasnt been released (or size). However, I wouldnt invest based off these awaiting announcements. Why? We dont know when they will be announced and if they will be as big as we would like to expect. I would invest based of current pps though.
Did the offering finish? We are going up right now almost as fast as we dived.
How exactly does the offering work since we are below 5.50. Are they just selling it below? Every time there is a sign of upward movement, it dives.
At this point it is possible to go to 1.50 also possible to go to 15 or 20. To STATE it is going to 1.50 just makes you look beyond stupid.
Do you happen to have the link stating Marsh is on CNBC Monday? I csnt find it.
We will go DOWN with no news. Could go down another 10%. However, with news like a GM Daego or other kind of deal or type of large order, we could go up to 8-10 fast. A lot of panic selling atm, with no goos reason to go up (yet).
This companys pps will rise quite high. Question is how long. I on big dips and sell around 15-25% during pops. Cant really place a price.
Just a scum firm trying to get some of the 200+ mil PLUG has.
It actually went up 2 or 3 months steady until citron spewed bs.
Always**? Last time we went up quite a bit.
Its going up due to BLDPs aquisition. The 3 fuel cell companies influenc each other a lot.
True, PLUG cant let this fall below 5. People who think it will reach 4s are not credible.
Youre right. That basher needs a mirror. It was stated that the auto manufacturer to be announced was for a GENKEY sales contract. So Hyundai is not it.
Anyone know why PLUG is hiring service techs in Chattanooga, Tennessee. VW has their manufacturing plants there.... Verify on PLUGs employment opportunities site.
Maybe morgan stanley told them to delay it until it works with offering.
This stock could be 10$ by Friday or 6$ flat. Who knows! Usually there is some progressive news. Long run is likely going to be VERY good.
Soooo... PLUG is hiring where VW has major manufacturing operations.... BLDP has a contract with VW..... PLUG acquired ReliOn to be independent of BLDP, so BLDP is due to loose their biggest client..... PLUG is preparing to make a massive public offering..... anyone thinking what I am thinking?
This came out today from GM. The time frame fits well with Marshs recent visit to China.
BEIJING (AP) â The president of General Motors said Sunday that the company and local partners are boosting production capacity for GM-brand vehicles in China to 5 million.
Speaking at the Beijing auto show, Dan Ammann said the company also expects sales of its Cadillac luxury cars to double to 100,000 next year.
General Motors Co. and its Chinese partners are in the midst of what the company has said is a $12 billion investment program through 2017.
Matt Tsien, president of GM China, said that includes three factories due to open this year and two more next year. He said they would raise the capacity for production of GM-brand vehicles in China to 5 million.
This will also propagate pps increase throughout the week and maybe longer as lost hope shorts begin to cover later. WalMart all over again, but this time with a lot more attention.
Im sure bank traders and such are playing with PLUG. the fluctuation for BIG money lets them make out big with little effort. Monday may be insane from all the factors.
Im expecting details on continued shipments for current contracts, such as Lowes. Possibly China details as well.
The short volume is massive. The squeeze will continue for days after Monday.
Also, keep in mind Marsh clarified a statement that vaguely gave the impression two deals were announced. To me it did not sound like that at all. If he would go out of his way to clarify that he would also clarify the 2-3 wks announcement perception. Just look at how many of us expect/depend on the news. As the CEO he is surely well aware of this.
The praise like statements by Lowes is also very good for future prospects. It gives credibility to PLUG by a major company.
"MarketWatch said Mr. Marsh declined to elaborate on the specifics of the deal, except to say that the news would be unveiled in two to three weeks."
Sounds like somebody can be sued for that 'printed' statement.
I have call options for the 19th myself. I also have a lot of shares.
Citis earnings better be good. Why else would they post it at 8am et? If it isnt good the dow n daq will continue the trend these past few days. It will be screaming conspiracy! Lol
How can the banks have less profits due to the trading market!!!? How dumb do you have to be to not make money in the market these past few months/years. Seems fishy.
Bought at 1.60 in Dec n sold around 3.50 in Jan. Then bought back at 4.60 about 2 months ago.
From what I understand the deal is to be announced in accordance with who they have the contract with.