This stock has been in a 5 year downtrend…ever since it hit $70 per share…there were pops in the first few years that made trading very profitable…but it hasn’t even been worth trading for a couple of years…
Buying a stock is easy…selling it is the hard part…and making the decision to dump it for a loss is even harder…
Short interest has been falling because there was so little juice left in squeezing Plug. Now if PLUG jumps to $10, every Short I know will be jumping back in for more juice.
And if a Secondary or other Toxic Financing is discussed, this will be Christmas in July for Shorts.