Kerrisdale Capital Shorts Plug Power (PLUG); PT Of $2-$2.50Guest Post
Below is the latest from Kerrisdale Capital, which has disclosed a short in Plug Power Inc (NASDAQ:PLUG)
We are short shares of PLUG. Please click here to read full disclosures. - See more at: http://kerrisdalecap.com/commentary/#sthash.sInRGdUB.dpuf
It’s been a sensational year for investors in Plug Power (PLUG), with shares rising from pennies to more than $10. But now, it appears the party has ended, as investors are starting to cut through the promotional hype that has enveloped the company to rediscover the business’s less than promising fundamental outlook. We expect shares to . . .
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