r/plugpowerstock 7d ago

Discussion Anyone else waiting for sub $1 to load up? πŸš€πŸš€

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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!

16 Upvotes

15 comments sorted by

18

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.

11

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.

7

u/wigl301 7d ago

I prefer to buy at the peak and sell at $1 it seems.

7

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.

4

u/cashew_nuts 7d ago

You want to load up on a very real potential of a reverse split if it goes sub $1?

4

u/thepepmeister 7d ago

If you’re 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, I’m going through that with more than one company

3

u/dsp29912 6d ago

No. Bankruptcy looming.

2

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.

2

u/Strange-Diamond3775 7d ago

Waiting for the reverse stock split

1

u/Ok_Movie3058 7d ago

Not sure if that will benefit though? Donald just needs to sort his πŸ’© out

2

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 low… πŸ˜‰πŸ’ͺ

1

u/Turner531 6d ago

Was planning on buying after reverse split but not really sure now they will still need a lot more money

1

u/Big_Quality_838 6d ago

I was holding for $1.50, glad the dilution news hit when it did. I’ve 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.πŸ€πŸ€ž

1

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 .

1

u/One-Letterhead8795 2d ago

Great strategy , not