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Plugging Into Some Reality: Fair Value of Plug Power is 50 Cents

Posted in Citron Reports by Stocklemon on the March 11th, 2014

Citron Research comments on the difference between a cult stock, a dream stock, and a casino stock.

Behind the moonshot chart, Citron examines a litany of Plug Power (NASDAQ:PLUG) management's broken promises, a doomed business model, and some true penny-stock capital raises just last year.  With no fundamental changes now or expected in its business model, this one has "bust" written all over it.

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