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You also said to buy at .20 cents so your opinion in null and void.
Hows my mciger's been? Anything new? revenues?
Looks like they need cash. Issued some more shares. what do you prefer, debt or dilution?
how you feeling now?
Hows your friend doing? tell em I said hi.
.10 cents
The CEO and board were just shuffling shares between shell companies. Its all in the Great rock filings and their previous companies. Fact is, Cyberworks didn't even own a trademark or apply before the announcement. Its been defunct. Anybody could have taken their name after the announcement. I would look into the Great rock before I did anything. I connected plenty of dots in older posts. Sure it might pump and dump because all of them have MBA or PhD's. Its the smart ones you have to watch out for.
Plug going down the drain...
The Company incurred net losses attributable to common shareholders of $11.8 million for the three months ended March 31, 2016 and $55.8 million, $88.6 million and $62.8 million for the years ended December 31, 2015, 2014, and 2013, respectively, and has an accumulated deficit of $1.0 billion at March 31, 2016.
As of March 31, 2016, we had cash and cash equivalents of $66.9 million and net working capital of $62.8 million. By comparison, at December 31, 2015, we had cash and cash equivalents of $64.0 million and net working capital of $88.5 million. Additionally, a portion of the cash and cash equivalents on hand at March 31, 2016, is required to be maintained at all times under a covenant requirement associated with the Company’s secured term loan facility that requires a minimum unencumbered cash and cash equivalents balance equal to or greater than the outstanding principal balance ($25.0 million at March 31, 2016).
The master lease agreement with the Bank requires the Company to maintain a minimum of $50 million of unrestricted cash. As mentioned above, the Company’s remaining contractual lease payments to the Bank are fully secured through a combination of restricted cash and pledges on funds escrowed for future service by the Company.
This residual exposure at March 31, 2016 amounted to approximately $12.1 million, and the exposure decreases with the passage of time. In the event that the Company’s unrestricted cash balance falls below $50 million, the Company is entitled to cure the failure by providing additional restricted cash to secure the outstanding residual tax exposure of the Bank at that time.
The financial covenants also require the Company to maintain at all times, on a consolidated basis for the Loan Parties and their subsidiaries, an amount of current assets minus current liabilities (excluding amounts owing under the Term Loan Facility) equal to or greater than 200% of the then outstanding principal balance under the Term Loan Facility
TIME TO LOAD THE SHORTS
TIME TO LOAD THE SHORTS
TIME TO LOAD THE SHORTS
No. oil is done
I wonder what the 10q will say about the downturn. It could be a buy ahead of earnings
cant lose taking profits.
the market is done. It's correcting and in a bad way.
plug @1.50 looks like it hits 1.35
almost hit it today. New target 1.35
plug Price target 2016 $1.50
All those "big" companies have pricing power over plug. Why has there margins declined? Every item plug makes they barely break even, that's before overhead. what plan brings you to profitability? Revenue has increased but margin has declined. Cash is running out with 40m burning a year.
this is how we do it. $TLOG
Its bad when investors in plug don't know what hydrogen is. Plug too the moon
had a good run this last year. Will it continue?
It definitely broke out on high volume from the low's. It could be making a run. I don't know how long the run will last though.
Stock is going higher, Heavy accumulation going down. Got financing for at least 6 months. All good for now.
Avoid Plug Power Due to Shrinking Gross Margin
How many of you still think Walmart and the big boy contracts are helping you?
http://www.gurufocus.com/news/379498/avoid-plug-power-due-to-shrinking-gross-margin-
Good break out from the lows with volume. we'll see how long it goes
why are you asking someone on this board? you should ask a adviser. Personally I would not be invested in plug at its current state.
or hes trying to clear his name. He says he puts 50% of profits into research at Turing even though he jacks up prices. We'll see what happens
its worth a small gamble to me
Is he taking Turing public. #Kbio
Turing Pharma to merge into KBIO?
Looks like mass accumulation of people speculating to me!
http://www.turingpharma.com/company/senior-management
maybe ill sell some puts to get in, haven't decided.
Im trying to get more at 25 but 40 is a good start. Ill just let it run if it never drops.
Plug can't hit a number if there life depended on it. Revenue went up but margin went down and losses went up. Horrible stock. 10mill loss to 24 million this quarter
Plug average -40 operating margin
Plug will to be taken off the Nasdaq soon
How can plug make money when they only break even on every item they sell?
Plug went from 24m in revenue to 31 but gross margin went down
Plug to hit 1 dollar real soon.
Plug dilution machine on the way. Less then 2 years of cash
Plug lost 24 million in cash last qtr