$PLUG shorting stocks not ez but makes sense to initiate above $40 and add. Don’t buy back in 20s.. unless you are willing to pay 5x what tsla is trading at, plug won’t work.. $fcel at least has prop tech. Plug is a commodity play on the most abundant gas on our planet 🤔
$plug had a good run in plug, held on past disappointing Amazon update but got out yday.. will use next equity raise and earnings/cash burn update to get back in in the 20s.. don’t have balls to short but seems like right call
$PLUG don’t be left holding this bag of sh*t.. based on insider sales (chairman registered shares last night), amzn selling their shares (and not renewing orders). True mania on the upside, but believe me it will be faster and more manic on the downside
Does 50x price/sales make sense for a biz that will be commoditized? Also.. if mgmt was legit why do they have no path to any kind of true profitability. Also ask yourself .. why am I buying when the company only dilutes shareholders and mgmt sells stocks.
$plug to recap: mgmt dilutes shareholders by 10%, ceo pumps on madmoney while chairman simulataneosly registers to sell his shares and this week we find out Amazon wants no part and is going to sell their shares (and not renew orders?) Watch out below tomorrow. #fraud alert
if long $plug, ask yourself.. why is ceo pumping on mad money while offering 10% of company 50% lower. Not to mention chairman of board registered to sell his shares last night.. also the only “orders” they get include a like amount of equity offered.. barter transactions #fraud
$plug in addition to insider sales recently (including chairman of board registering his shares after CNBC pump/dump), mgmt 1yr ago offeree stock < $3 and never once bought shares personally.. issuance, pump/dump is the only true story. Hydrogen might work, but plug won’t make it
$plug ... wow. 1st company dilutes shareholders by 10% and stocks rips. Then ceo pumps on CNBC aftermarket based on “relationship” with Chuck Schumer.. (bogus btw). An hour later The chairman of the board registers to sell shares down his shares. Pump/dump!! Buyer beware 😬
$plug ... wow. 1st company dilutes shareholders by 10% and stocks rips. Then ceo pumps on CNBC aftermarket based on “relationship” with Chuck Schumer.. (bogus btw). An hour later The chairman of the board registers to sell shares down his shares. Pump/dump!! Buyer beware 😬
$plug ... wow. 1st company dilutes shareholders by 10% and stocks rips. Then ceo pumps on CNBC aftermarket based on “relationship” with Chuck Schumer.. (bogus btw). An hour later The chairman of the board registers to sell shares down his shares. Pump/dump!! Buyer beware 😬
Energy weakness just beginning...Weak $ trend reversing, OPEC+ deal is no silver bullet too...unclear if even a positive given pending surge in oil from Iran...add in more equity offerings (liquidity issues) and a sharp correction justified $oxy $fang $apa $xop
@Pinkys_Brain While oil demand will inevitably rise in developing economies, 1) the fall of oil consumption (beyond EV impact) in China/Europe/US will more than offset, 2) technology and investments in cleaner energy sources will be readily adopted worldwide as economics approve..
Time to be careful in energy. See a lot of people viewing energy as value.. that is categorically incorrect. Energy is in secular decline (and over-levered).. $apa, $oxy, $xop, $fang
$oxy wouldn’t be surprised to see an equity offering next week. Mgmt well aware that company cannot pay down debt at these prices with production hampered.. agree?!