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The Opportunist
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Trader Princeton University '97 Proprietary trader 15 years Launched hedge fund 2013
  • New PLUG CFO Brings Acquisitions To The Table 1 comment
    Sep 4, 2014 7:20 AM

    At POWR they bought companies while tripling in size. I've been calling for PLUG to buy HYGS and take advantage of the, in my view unwarranted, valuation differential. This new CFO, combined with the Burger King purchase of Canadian based Tim Horton's to take advantage of taxation makes a similar move from PLUG more likely.

    Disclosure: The author is long HYGS.

    Additional disclosure: and plans to trade it actively as price dictates

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  • constantien
    , contributor
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    Bizarre that companies aren't falling over themselves to buy this company. I'm not really sure who is currently selling. Commscope, massively in debt is selling shares of Hydrogenics, probably in order to raise cash to remain solvent. As a result, HYGS loses roughly 25% market cap. Good God, people can be irrational.
    16 Sep 2014, 03:55 PM Reply Like
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