Plug Power Inc (PLUG)

[igotthemojo]

"Is the potential $1B share offering to remove the 'going concern' warning?"

no...they actually need money...the situation sucks...plug was hoping for a loan or gov welfare check....neither are coming any time soon...or at all...so guess what?...they are going to get money by diluting shareholders...they can dilute little by little as needed...or they can make themselves flush with cash...but that will take the pps under a buck and nasdaq will delist them if they dont get it back up...

this is usually the point where a r/s becomes necessary...at times like this, are they going to do whats good for the company or shareholders?...the management will do whats good for the company...if shareholders lose money, oh well...that was always the risk you take as shareholders...

but the fact is, what is happening has always been a real possibility....thats why i havent held a single share of any of these companies long....i have been trading all of them but did not invest in any of them...all the bs hype about trillions of federal dollars, trillions being made etc was all bullshit...it CAN happen but it was never imminent...in 2020 it was clear that fed welfare checks would not be sent out for YEARS...if ever...the trillions to be made wouldnt really benefit anyone for YEARS...in the meantime, that put the business model of all these companies on very shaky ground...

and thats in a good economy...what happens in a downturn?...

and not for nothing but plug management did nothing illegal...you makes your bets and you accept the rewards or losses....its all on you...