Seeking Alpha

Plug Power bounces off lows on Diageo deal chatter

  • Plug Power (PLUG -0.5%) is getting whipped around by longs and shorts today; shares are lifting off lows of the day caused by Kerrisdale Capital's negative take on the company, with chatter of a contract with beverage maker Diageo (DEO) behind the move.
  • A Diageo deal, if it's more than just a rumor, could be larger than the current deal PLUG has in place with Wal-Mart, as it has more up-front units for multiple locations.
Comments (24)
  • toneroner
    , contributor
    Comments (161) | Send Message
     
    Haha this is quite entertaining watching the charts
    2 Apr, 12:14 PM Reply Like
  • User 509088
    , contributor
    Comments (1102) | Send Message
     
    breaking news ed- which came first, the article or the rumour?

     

    there was a run up before the article came out....

     

    was the rumour in play before the article was pub'd?

     

    or is this rumour after that a.m. run and the article?
    2 Apr, 12:14 PM Reply Like
  • toneroner
    , contributor
    Comments (161) | Send Message
     
    it went up this morning on the $BLDP news for delivery of hydrogen busses, then the hit piece, then an hour later this rumour.
    2 Apr, 12:51 PM Reply Like
  • pemonade
    , contributor
    Comments (2) | Send Message
     
    And what is 'the rumor' now that Plug is a niche market ? SO what if it is?
    SO was Mickey Mouse a 'niche market' for Disney and now no one thinks
    Disney without associating Mickey to mouse if you get my drift. All this talk of PLug getting a niche should be viewed as POSITIVE not negative. So, Plug will gain a niche market all over the world wherever there is a 'niche' needed to conserve energy in an energy gluttonous world! What is wrong with that? A little niche hear, a little niche there, a little more niches reducing the
    China polluted air, a little more niches reducing the India energy waste, not to mention the US,EU, and the rest of the globe. Yes, Mickey Mouse was an astounding little niche. That's WHY I LOVE NICHES!
    2 Apr, 01:51 PM Reply Like
  • flyerguy1300
    , contributor
    Comments (317) | Send Message
     
    Just still goes to prove you don't short this stock...
    2 Apr, 12:16 PM Reply Like
  • Energysystems
    , contributor
    Comments (1137) | Send Message
     
    Going short or long this pos, is a version of dumb and dumber.
    2 Apr, 12:27 PM Reply Like
  • manfredthree
    , contributor
    Comments (1952) | Send Message
     
    Dumb and dumber is when you cannot figure it out ! Shorts are going to remain in suicide mode with this small cap for a long time. That is 'not smart' , the first and most important characteristic characteristic of Dumb.
    3 Apr, 08:10 AM Reply Like
  • worlds worst investor
    , contributor
    Comments (44) | Send Message
     
    I'd be losing a lot of sleep if i was still holding a large position (long or short) in this stock!
    2 Apr, 12:34 PM Reply Like
  • FF373737
    , contributor
    Comments (190) | Send Message
     
    Worlds - the longs of this stock either are one of two groups. They either got in early and are so far ahead that they are playing with house money or they got in late and are hoping the good news continues with this company and can't go anywhere or take a loss. The shorts on the other hand cannot believe the stock is holding its own and are doing just about anything they can to make it drop. As history has shown it can be hard to sleep holding any large position of any stock if it is more than you can afford to lose.
    3 Apr, 12:05 PM Reply Like
  • toneroner
    , contributor
    Comments (161) | Send Message
     
    I hold long positions in the sector. I lose more sleep on climate change and its effects on us all. the report is damning on CO2 emissions. http://ti.me/1ecsewj

     

    at the end of the day what's more important money or the environment we all need?
    2 Apr, 12:55 PM Reply Like
  • Energysystems
    , contributor
    Comments (1137) | Send Message
     
    Losing sleep over something you have no control of? That's not good.
    2 Apr, 01:14 PM Reply Like
  • worlds worst investor
    , contributor
    Comments (44) | Send Message
     
    well he invested money in companies, so that will fix it all...
    2 Apr, 01:20 PM Reply Like
  • toneroner
    , contributor
    Comments (161) | Send Message
     
    you can control it by doing what you can. I do what I can by the way I live (off grid solar) I put my money where my mouth is. I've been in plug before this pump and dump.
    2 Apr, 03:13 PM Reply Like
  • toneroner
    , contributor
    Comments (161) | Send Message
     
    bashing technologies that can actually help doesn't and if technology can reduce damage and supporting it to succeed isn't a bad thing is it?
    2 Apr, 03:15 PM Reply Like
  • toneroner
    , contributor
    Comments (161) | Send Message
     
    I do what I can to deal with it. A figure of speech where I'm reiterating there are issues more important than valuation.
    2 Apr, 04:04 PM Reply Like
  • toneroner
    , contributor
    Comments (161) | Send Message
     
    so doing nothing is your stance?

     

    I do allot more constructive problem solving my community if you need to know.
    2 Apr, 04:11 PM Reply Like
  • Doc's Trading
    , contributor
    Comments (1356) | Send Message
     
    Technical update...PLUG... Shorts stay the coarse with my recommended $9.12 stop.
    Also....Again advise you put on "conversions" with intent of selling stock at appropriate moment, in addition.
    more later.....
    2 Apr, 02:15 PM Reply Like
  • NEHAL1702
    , contributor
    Comments (4) | Send Message
     
    Good Luck Plug...for more and more future contrats..!!
    2 Apr, 02:31 PM Reply Like
  • brandondelbosque1@yahoo.com
    , contributor
    Comments (62) | Send Message
     
    if you listen to Docs trading advice, then you deserve to get bashed. plug will indeed trade over $9.00 with ease. just watch and see, to many things in the works for plug and its going to hit so fast, you won't even have enough time to buy it.
    2 Apr, 04:41 PM Reply Like
  • brandondelbosque1@yahoo.com
    , contributor
    Comments (62) | Send Message
     
    well doc, it will look like your $8.00 put will be hurting tomorrow.
    2 Apr, 05:27 PM Reply Like
  • Wigglyman
    , contributor
    Comments (4) | Send Message
     
    "times are a changin" Dylan was so right...
    3 Apr, 01:14 AM Reply Like
  • mikinzla
    , contributor
    Comments (4) | Send Message
     
    All the yammering and the stock keeps going generally up
    3 Apr, 01:40 AM Reply Like
  • manfredthree
    , contributor
    Comments (1952) | Send Message
     
    If we run out of new shorts, where will new longs buy their stock from ?
    3 Apr, 08:12 AM Reply Like
  • jglr
    , contributor
    Comments (9) | Send Message
     
    i'm still short the stock. this thing is a pig that needs its wings clipped imo. i find it interesting that the bulls rebut the facts of the kerrisdale article with a rumor. who is manipulating who? lol.
    3 Apr, 09:41 AM Reply Like
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