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Re: None

Friday, 01/26/2024 6:38:28 AM

Friday, January 26, 2024 6:38:28 AM

Post# of 56884
From another board :

The equity in PLUG will inevitably continue its descent. As per Paul, first half revenue should be in the range of 300mill....dilution continues weekly as the ATM is hit for $30mill per week....back half of the year brings more of the same, as the ATM is exhausted and the reality of the extreme dilution that will come as the $200milli convertible matures in 2025 and adds hundreds of millions of shares to the float.....shares outstanding should double in the next year, while at the same time revenue remains stagnant(as per Paul).....pretty simple, rising share count, no cash, no revenue growth...if you were short would you cover?
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