Comment on SA:
http://bit.ly/1gqaXlr"I'll give it a go at, if you read the linked news article, there is a large player joining in as the company's largest outside shareholder. They get to buy with a base price of $3 per share and additional shares at $0.40 when PLUG is at least at $4, not before that. All in all this means that the institution involved sees promising growth and value otherwise they would not put $30mil in the offering. This gives great confidence in the share price action since obviously $3 bucks will offer great resistance point because the share offering price is based at that and additional shares can only be bought at $4+. Also PLUG gets the much needed cash infusion to expand their operations, this is truly a great move and a big confidence booster in the underlined business operations. Many of the recent days questions in related PLUG articles has been answered big time, this was maybe the biggest question for the near future while we are waiting for profitability by Q214. This is similar to last year's TSLA offering when the stock price had surged though of course at a smaller scale."
Any thoughts from those more knowledgable than me?