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wapsi

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wapsi

Re: mykoll post# 9571

Friday, 04/25/2014 7:57:04 AM

Friday, April 25, 2014 7:57:04 AM

Post# of 56335
Simple answer. Plug knows they have diluted millions of shares. The PPS has suffered from it. They also know no one will pay more in the market now that the past dilution has been swallowed up. SO in order to get buyers they need to offer the price below the current PPS. No one with any market sense will buy this for its P/E. The only solution for the company is dilution. I have said this in the past and others think I am bashing. PPS will probably go back down to its 200ma which is around 2.50 per share in the near future. PLUG knows what its 200ma is and its value SO sell shares now while the value is way overblown with its hype.

Dont give your Pearls to swine. If you dont know what this means, you shouldnt be in the stock market. All CEOs lie. Catching them in it is the fun part.

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Volume:
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  • 1D
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