WTM - How can it get WORSE ?
Easy ! In the next few days there will be a rash of DOWNGRADES, Share Estimate Reductions, and FUNDS DUMPING because PLUG is a PENNY STOCK !
This will increase the downward pressure on PLUG's share price even more.
So by December 1, PLUG will be $3.00 OR LESS, and every shareholder will be in the RED. Trigger TAX LOSS SELLING.
TAX LOSS SELLING this year will be EPIC.
And the thing I like most about tax loss selling is even the LONGS want the share price to tank in order to maximize their losses. The rare time that shorts and longs are aligned.
WTM - Please note I have never mentioned Bankruptcy, and I am only discussing how things could get worse for shareholder in the short term. Bankruptcy opens an entirely new discussion, which no one at PLUG is prepared for.
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