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Re: Shail post# 42059

Monday, 11/16/2020 6:17:52 PM

Monday, November 16, 2020 6:17:52 PM

Post# of 56600
Everyone gets access to the shares ...

When and only when Morgan Stanley sells them. They are no different than the shares already being traded. MS bought a shit ton of new ones and will be restricted as to when they can start selling them, assuming they decide to. Typically 30 - 90 days from the conclusion of the deal..so, by weeks end. That's a general synopsis of what I read via my google searches.

The announcement and its fear laced conclusion are quite quick.

Thankfully the price ended today at 25. Plug Power knew they need this money a month ago but waited until their earnings announcement plus the subsequent price move before making any announcement of an offer. They have thus reduced the overall dilution.

Believe it or not the company just hit a grand slam for the company and its investors as hey have thus reduced the overall dilution by being patient and deliberate. And ZERo debt created. win...win...win...

Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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