Plug Power Inc (PLUG)

[drugmanrx]

My point: PLUG will go much lower before it goes much higher.

Since Nov 2016 Plug shareholders have seen dilution of 43 million shares.

Plug will be issuing another 300 million shares.

Plug plans on selling $75M in stock with the hope of selling more to raise 200 million (Wednesday, April 5, 2017), which will be at a discount to current market price.
Using the price of $1.50 a share from the 15 mill raised in April, that would dilute 50 million shares to raise 75 million and 133 million shares to raise 200 million.
Now if the share price is the same as what was offered to Amazon at $1.18, it wold be 64 million to raise 75 million and 170 million shares to raise 200 million.

http://www.timesunion.com/business/article/Plug-Power-selling-75M-in-stock-11051282.php

Then you add in Amazon warrants of 53.5 million shares at $1.18 per share.

You will have a almost the same amount of OS shares at 70% or more below current prices as you have OS today.

What will drive the stock price lower is if Amazon does exercise the warrants at $1.18 they will be telling the investment community that even with their contract with PLUG. Amazon believes the value of PLUG is no greater than $1.18 a share.

The share price will gravitate toward that level before rising higher. JMHO.