Plug Power Inc (PLUG)

[uksausage]

The fiasco over the ATM implementation certainly should lead to Paul M resigning. It is all the CFO’s business to handle that properly and getting a legal opinion as to whether the shares are legally registered (because they used the ATM faster than allowed) is the nail in his coffin IMHO

surprised the share price isnt much lower today.

If the $302m was raised to give us the cash to last through say end Q2 or Q3 then it may have been worth it. we will find out Friday. As the price will fall on the margin/loss for Q4 numbers hey raised the cash with higher price - and the market seemed to absorb the $11m a day.