Replies to post #35127 on Plug Power Inc (PLUG)

[RaptureSpecialist]

Exactly Right!!$

[drugmanrx]

SGSI is down because of convertible debt.

What is PLUG's excuse.

Why did two major share holders, holders of 21.2 million shares abandon ship?

Buying the stock at $1.50 they HAVE LOST SEVERAL MILLION on this investment. "Eighteen months ago, Tech Opportunities LLC exercised warrants to purchase 10.5 million shares of Plug Power stock at $1.50 per share. Plug Power at the time raised $15.75 million."

What caused them to lose faith in PLUG?

What were they privy to?

Did they know PLUG would crumble or did they cause it?

Such large investors, must have been very close to Andy, yet they are selling AT A MAJOR LOSS when we are being told Nirvana is so so close.

Sorry but something just doesn't jive here.

There is an old saying follow the money, and the money is leaving the building.

Was that last PR really to help support the longs or was it a PUMP to help PLUG fulfill its obligation to help sell those 21.2 million shares?

Plug Power files to sell 21.2 million shares

https://www.bizjournals.com/albany/news/2018/11/19/plug-power-files-to-sell-21-2-million-shares.html

Plug Power, the Latham, New York fuel cell manufacturer, plans to sell up to 21.2 million shares of common stock owned by two major shareholders.

"We will receive no proceeds from any resale of the shares of common stock by the selling stockholders, but we have agreed to pay certain registration expenses," Plug's filing said.