Plug Power Inc (PLUG): Morgan Stanley is NOT backing PLUG, they...

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nypete

Re: heavenlystars post# 9564

Friday, 04/25/2014 5:52:28 AM

Friday, April 25, 2014 5:52:28 AM

Morgan Stanley is NOT backing PLUG, they arranged the sale of new shares. PLUG is only staying afloat because they are diluting existing shareholders with more stock. I read the posts on IHUB to inform myself on what to buy or sell based on the intelligence of the posters.With plug I am short with puts.
Not to long ago I was long and sold at 11 plus. What you people do is your business, I just do the opposite.
Like I said,"Stupid is as stupid does" I do not want to piss people off, I just trade,but really people read your comments and ask your selfs WTF am I doing.
I trade stock prices and I buy and hold long term companies that have merit. PLUG is a trade very short term.
Any company that keeps offering new shares for sale is a joke and the CEO based on his last presentation is incompetent.
Thanks for you input,I will be selling my puts tomorrow at a nice profit.

GLTA