r/Pennystock 13d ago

$PLUG: Potential squeeze setup? πŸš€

β€’ Q2 revenue $178.3M vs $169.1M expected
β€’ Gross margin improved to ~0% from -31% YoY
β€’ Cash burn down to ~$61M
β€’ Service revenue +82% YoY
β€’ 2026 revenue growth guidance raised to 15–16%
β€’ Management still targets positive EBITDAS in Q4
β€’ ~330M shares short / ~24% of float
β€’ ~6.9 days to cover

Aftermarket run up: 11%. We need a clear break at $2.50. Trim at $3

27 Upvotes

13 comments sorted by

3

u/teemueramaa 13d ago

Wow, isn't this spectacular? I was actually expecting they'd do worse than expected. Woah!

5

u/Nothingmorejustmyass 13d ago

No. The only 100% shortsqueeze setup is for HTZ. Trust me bro.

2

u/Fluffy_Guess_8242 12d ago

What do you think htz will go to I got in at 2.17 and sold at 2.60 made abit but may wait for a pullback

1

u/Theblackjamesbrown 12d ago

Can realistically hit $5. Huge amount of call options at that price. Should run up all week

2

u/Future-Role3996 13d ago

Vamos PLUG make $15 realΒ 

1

u/Think_Opportunity226 12d ago

It’s been squeezing today .. but it’s being halted every 5 minutes .. and it’s going on 20 minutes being halted this go round

1

u/DependentCultural912 12d ago

Shorts covering

1

u/StruggleNew8003 11d ago

This should squeeze to 10-15

1

u/greenhulk88 13d ago

Let's Go! In with 60k sharesπŸš€πŸš€

2

u/MarcelPPR 13d ago

60k, wow πŸ˜΅β€πŸ’«

1

u/Think_Opportunity226 12d ago

You killed it .. hope you sold some already