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alexbh2285

04/07/17 1:56 PM

#22732 RE: nickbank1515 #22731

But unlike LEXG, buying PLUG at the bottom didn't mean you had to pay more than 3x more than other investors (and the bulk of the liquidity) were able to get the stock for at the SAME TIME. If you "invest" today at $.0014 you are getting a very raw deal relative to convertible "investors" who are effectively buying today at $.00043 plus a lot of optionality and a higher place in the capital structure. That's not investing - that's dumb (maybe you get lucky and flip higher but the convertible investors don't need luck - they are almost guaranteed to make a large profit and the need to revert to that type of financing is virtually all the proof that you need that this is not a legitimate company and that nothing like a deal with Amazon is imminent).