Plug Power Inc (PLUG)

[krays]

Middleton should be sued and fired for telling the world that they would redeem the series D on December 30 and then converting at least 70% on April 6. Hudson Bay capital just picked up 9.5 mil shares at $1.35ish. They are one of the big winners here.

"The reason for this structure was to give us the ability to redeem, rather than convert, the preferred stock."

http://www.plugpower.com/2016/12/financing-101-how-we-turned-30-million-into-50-million/

Amazon just agreed to buy 12% of the company at ~ $40m which places the value at $335ish m. There will be at least 265 m shares in the float when its all said and done.