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Re: None

Saturday, 03/05/2016 12:12:57 PM

Saturday, March 05, 2016 12:12:57 PM

Post# of 56926
I would not buy this stock until I have seen the earnings report. The 30 Million Dollar Loan at 12 percent, Credit Card rates is not good news for Plug. You can say they have money in the bank, I don't believe that because of the loan. Companies always release bad new on Friday and this was no different. For me Plug will have to show me deals in a pr form, no more 1000 GenDrive deals coming per twitter. I think the only reason they can't announce these deals right now is because they are not deals in concrete, they are trials. If the trials work out then we might have something.
If Plug was going to buy another company with the 30 Million I would not have a problem with the loan. A 30 Million Dollar loan to support your business is a problem, especially when you have had ample funds until now.
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