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heading to .05 cents faster then I thought. Good luck mcig
This stock is taking a beating. When are the vitacig shares issued and what's the symbol going to be?
Earnings after the bell. Will it drop more.
phew. Missed the bullet here. Ugly stock with bad fundamentals. Lower it goes.
I bought 5 calls for .80 cents 2 days ago, there worth 2.60 today. yeahhh
Its hard to take advice from someone who screams and spams the forum like this. Do you think people are buying based on advice you spam?
It has 38 million shares short for a reason. Nothing fundamentally changed in the business when it was .50 cents to make it go to $10. Its still worth .50 cents and heading that way.
This was a good short last month at 2, How low will it go? Hoping it drops on earnings so I can sell out.
Plug will hit below a dollar. Its going back to where it came from, .50 cents.
I feel bad for people buying this at a inflated price this year.
Its going to take more then PR and spamming forums. They already released news and it crashed. What did you expect?
Plug going lower..
pics or it didn't happen. Go clnt
yep short the next rally. I sold my puts today, doubled in a month.
Who would wear a plug power shirt? They can go around and say they have plug power!
good open for the shorts.
double dost delete
This stock is ugly. It looks like it crashed because it sucked.
Have they ever had revenue? not really.
Have they lost 10 million already? yep
drop has been a drop. look for nothing to change in this stock
CLNT boom. This CEO is pretty smart, I love investing in this guy. He's building this business well.
Another new big order fro CLNT
Cleantech Solutions International Receives $7.3 million in Orders for Wind Power Equipment
WUXI, China, Dec. 10, 2014 /PRNewswire via COMTEX/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT), a manufacturer of metal components and assemblies used in in various manufacturing industries, including clean technology, textile dyeing and finishing machines, and oil and gas refineries, today announced that it received two purchase orders in early December for a total purchase price of RMB44.9 million (approximately $7.3 million) from customers in the wind power industry.
Pursuant to one of the purchase orders, Cleantech Solutions will supply shafts to a major wind turbine and electric machinery manufacturer in China, for a purchase price of approximately RMB27.0 (approximately $4.4 million). Cleantech Solutions has received an advance payment of approximately RMB5.5 million (approximately $0.9 million), or 20% of the purchase price, will receive an additional 70% upon delivery, and will receive the remaining 10% within three months after delivery provided that there are no technical problems with the equipment. The Company expects to deliver the equipment in May 2015.
Pursuant to the second purchase order, Cleantech Solutions will supply gearbox casings for wind power equipment to one of the largest industrial blower manufactures in China, for RMB17.9 million (approximately $2.9 million). Cleantech Solutions has received an advance payment of approximately RMB3.6 million (approximately $0.6 million), or 20% of the purchase price, will receive an additional 70% upon delivery, and will receive the remaining 10% within three months after delivery provided that there are no technical problems with the equipment. The Company expects to deliver the equipment in March 2015.
"We believe that the recent push by China's leadership to support wind power spurred these orders. Although China's wind power industry still has significant issues to address in terms of system integration, we are cautiously encouraged by the government's support and hope that it will drive additional demand for our products," said Mr. Jianhua Wu, Chairman and CEO of Cleantech Solutions.
About Cleantech Solutions InternationalCleantech Solutions is a manufacturer of metal components and assemblies, primarily used in clean technology and other industries and dyeing and finishing equipment for the textile industry and forging products, and a supplier of fabricated products and machining services to a range of clean technology customers. The Company's website is www.cleantechsolutionsinternational.com. Any information on the Company's website or any other website is not a part of this press release.
Safe Harbor StatementThis release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary and affiliated companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein referred to in this press release as anticipated, believed, estimated or expected. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including our ability to deliver and the parts and components referred to in this press release and to receive additional orders from the wind power industry and those factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website, including factors described in "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-K for the year ended December 31, 2013 and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-Q for the quarter ended September 30, 2014. All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Company Contact:Cleantech Solutions International, Inc.Adam Wasserman, CFOE-mail: adamw@cleantechsolutionsinternational.com Web: www.cleantechsolutionsinternational.com
Elaine Ketchmere, CFACompass Investor RelationsPhone: +1-310-528-3031E-mail: eketchmere@compass-ir.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cleantech-solutions-international-receives-73-million-in-orders-for-wind-power-equipment-300007747.html
SOURCE Cleantech Solutions International, Inc.
http://rt.prnewswire.com/rt.gif?NewsItemId=CN87743&Transmission_Id=201412101016PR_NEWS_USPR_____CN87743&DateId=20141210
www.prnewswire.com
Copyright (C) 2014 PR Newswire. All rights reserved
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KEYWORD: China
INDUSTRY KEYWORD: MAC
ENV
OIL
SUBJECT CODE: CON
But revenue per share has went down because of dilution. Do you argue that?
Even if they keep increasing revenue they cant even make gross profit let alone net profit. Lets see, average loss of 40 million a year and paying 10x current revenue doesn't sound attractive to me.
Doesn't sound like bull to me
Look for yourself. Nothing is hidden, its junk.
And yes shares outstanding has went up all year except last quarter. 80 million to 167. So after they burn that cash they will dilute more
shorts are going to cover then short it again. Better hope it goes up soon or im going to double up in month.
I guess you could say its performing with the market today.
Yeah I agree to buy a small amount here. It might be down today as well. I think $100 is a good bottom buy but I could see it possibly falling below that if there is a market correction and this sells off. I got it at $100.
Gild is pretty fair valued/undervalued. 10x current revenue. 18 p/e. Revenue grew from $6 to $12 a share the last year. They made 10 billion free cash trailing twelve month and its currently valued at 160 billion market cap. 16X free cash flow is pretty darn good for a bio-tech.
In my eyes gild next earnings will be great. The p/e will fall even if they don't do well. They have to beat 1.82 revenue but they've been posting near 4.00 the last two quarters. This leads me to believe next quarter will be very good even if they post less then the last two quarters.
Compared to celgene with 61 p/e and Biogen with 35 p/e, gild is a good buy with only 18 p/e that's most likely going lower in the next quarter as long as it doesn't buy up too much.
well looks like you were wrong. GILD going higher. 120
you cant compare any of those to plug. All of those company's have strong revenue growth. Tesla's revenue grew from 400 million to 2 billion to 2.8 billion over the last 3 years.
There is a reason amazon and tesla ran up with no earnings. It was strong revenue growth which plug doesn't have.
You cant compare the two. Your only paying 2x current revenue on amazon. $180 a share revenue on a $300 stock is different then a stock at 3.30 with only .34 cents a share revenue and losing money badly. plug is 10x current revenue and cant even make gross profit let alone net income.
Funny thing is, amazon has made money in the past while plug has never.
Also book value is based on total equity. amazon doesn't really have a bunch of assets. That's why it has a low book value. It pretty easy to see why amazon is in much better position the plug.
The cash on hand is from diluting there stock. Losing 10 million a quarter and 40 million a year is breaking even?
Plug cant even make gross profit let alone a break even balance sheet.
No your valuation is wrong.
amazon has revenue growth and is pulling in $160 a share in revenue last year. Its $180 TTM right now. Its pretty easy to see why that stock went up. Plug in no way can be compared to amazon. lmao
Crazy logic. Would love to hear how this gets to $8 fundamentally. its worth less then $1.
Stock manipulated? It went to $4 from 3.50 in pre-trading 3 days ago on news and then sold it even further now. That's not manipulation, that's a overvalued stock.
I think thursday last week in the after hours
I just bought at $66 as a trade. Sold the 81's before the drop.
noah looks solid. im buying here.
Knew this was junk. Damn it crashed
Mcig sold because its overvalued not because it got manipulated. It will keep dropping, Its worth under 5 cents currently.
what's the vitacig symbol going to be? Can wait to watch this crash upon release.
I love the plead for people to buy the stock. lmao
how low can you go?
Why would I search through post's. I would never invest based on someone's post on ihub anyway. Hope thats a joke. Tell us how you made 20k? what stocks? Since you can invest $700 investments and turn them into 20k daily profits. Im sure everyone would like to hear what stocks.
This is also coming from someone who cant PM people while making his $20k daily profits because hes doesnt pay like $10 for ihub.
Yeah invested $700 max but hes so good at investing that he made 20k today. Must be a clever troll.
Not on $300 investments. LOL
Plug has a horrible valuation even at current levels. I like how you throw out no numbers, Here let me help you. Plug has never had operating margin. They have cash because of dilution and share issuance. To say anything under 4.00 is undervalued is a huge mistake in my opinion.
Your paying 10 times current revenue with a average loss of 10 million a quarter. Revenue per share TTM is decreasing even with the increases in revenue last quarters because of the dilution in outstading shares the last year. They dont even make gorss profit on items sold. This company has huge obstacles in front them.