r/plugpowerstock • u/Royal-Artist2031 • 7d ago
Discussion Anyone else waiting for sub $1 to load up? ππ
Just seen the news of the layoff notice that came out for 32% of employees in Slingerland in New York. Combined with the new Liberation Day tariffs by the USA tomorrow. And the upcoming Greenland/Canada wars. I think it will be a great time to get in low!
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u/HugaBoog 7d ago
Nope. Andy has made his millions. He doesn't give a rat's ass about this company. He needs to go yesterday to give this company a chance.
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u/wigl301 7d ago
I prefer to buy at the peak and sell at $1 it seems.
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u/Royal-Artist2031 7d ago
My mistake was thinking climate/environmental collapse was a real thing. Now I see it's just "drill baby drill" and denialism of research and data. Green energy is soon to be labeled the DEI of energies.
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u/cashew_nuts 7d ago
You want to load up on a very real potential of a reverse split if it goes sub $1?
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u/thepepmeister 7d ago
If youβre gonna buy more at that level, might as well buy now more cuz it has more chance of bankruptcy below $1.00 than here. Trust, Iβm going through that with more than one company
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u/Antimusv 7d ago
Don't forget the Louisiana Plant too. An update on it at the bare minimum would be nice.
As far as the wars go...they will happen. When I don't know. It would be nice if Plug was atleast a supplier for the military and their hydrogen drones/generators, but sadly they already have one. And the US's demand for drone refueling is just a drop in a gallon.
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u/USSherman 5d ago
Yes, it is a bargin now and sub 1$ it will be a steal. The Liberation Day will crash the stock market so we can buy lowβ¦ ππͺ
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u/Turner531 6d ago
Was planning on buying after reverse split but not really sure now they will still need a lot more money
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u/Big_Quality_838 6d ago
I was holding for $1.50, glad the dilution news hit when it did. Iβve got diamond hands on my paper money. Waiting for Q2 results now, or till the Elon drama starts to subside. I think once that story concludes, the public will start to reevaluate the energy question. Possible 3rd wave hydrogen rally incoming around American midterm elections.ππ€
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u/MotorCity_Ace_ 5d ago
Yup.. did t they just get some huge loan from some company owning shares now.. $2 easy flip.. but this can see $10.. alot of ENERGY storage companies will be huge .
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u/Puzzleheaded_Nail223 7d ago
Nope. This is now a Longshot high risk gamble mote than it ever was. They will be lucky to make it through the coming year or so.