真惨
六无企业啊
Big Plug Power gains ebb as Citron says fair value is 50 cents
Mar 11 2014, 12:28 ET
The meteoric rise in Plug Power (PLUG +2%) is weakened slightly after Citron
Research says the fair value of the stock is a mere $0.50, which is a
blended average of all of the company's recent capital raises.PLUG will
issue earnings and guidance on Thursday and warns investors they "cannot
trust management guidance... not even a little bit," saying the company has
"a history of broken promises and failure to deliver."Citron claims Wal-Mart
and Fedex are PLUG customers only to take advantage of the 1063 Treasury
Program that gives tax credits for renewable energy.The summary from Citron'
s report: "No profits.
No unique technology. No scalability. No demand. No brand equity. No media
hype. No analyst support."