Plug Power Inc (PLUG)

[aldo]

From Yahoo Board 1 hour ago
(Thomas)I just spoke to a colleague at a multi family office - they own PLUG. They just received a call from MS with an offer but have a 2-1 commitment - this is huge! (for every two shares allocated to the institutional buyer, the buyer is 'loosely' required to buy an additional share in the open market. If this continues to be over subscribed, this will shift to a 1-1 commitment - they put in for 10K shares - expect to get 5 to 7 and will have to buy an additional 2-3K before 1:00 EST.
In other words - it is already over subscribed. Price has not been set, but upper 60's is most likely. (my guess is 68).

MS is the sole underwriter (versus a syndicate) - this indicates that MS does not need any help placing the shares.

Short term set back in terms of stock PRICE - long term HUGE benefit for PLUG and INVESTORS (versus traders).

The amount of capital Plug is building and the projects they are starting today is creating a HUGE competitive advantage for the long term. Plug is solidifying it's #1 global position.