Figures...pending News in next 2 weeks...more than enough time to retest 10 level or 12 level... Figures...this is why I say its okay to round trip a 1/3 position if you took profit with the other 2/3...This morning I almost said I'd put a market order to buy 6.60...if starting to build with a 1/3 position...
Idiot could get a nice fine for running his mouth that way...company better start looking for a new CEO. NEW YORK (TheStreet) -- Shares of Plug Power Inc. (PLUG_) were down 16.16% to $7.11 in early market trading Wednesday, following an interview by CEO Andy Marsh in which he clarified details of a "major deal" that was reported yesterday.
Plug shares were up as much as 49% on Tuesday after Marsh insinuated to Marketwatch that the fuel cell maker had signed another yet-to-be-announced deal with a major automaker. "We signed an additional order in North America with a global automaker," he said.
Marsh clarified his statements today, saying, "I didn't tell them anything new. This is the same order I referred to on March 13."
Plug instead intends to continue to focus on supplying fuel cells to forklifts for use in factories and has no plans in the immediate future to produce alternative power systems for automobiles, he said.
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