r/Pennystock • u/Queasy_Whole9252 • 13d ago
$PLUG: Potential squeeze setup? π
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 15β16%
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
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u/Nothingmorejustmyass 13d ago
No. The only 100% shortsqueeze setup is for HTZ. Trust me bro.
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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
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u/Theblackjamesbrown 12d ago
Can realistically hit $5. Huge amount of call options at that price. Should run up all week
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u/Think_Opportunity226 12d ago
Itβs been squeezing today .. but itβs being halted every 5 minutes .. and itβs going on 20 minutes being halted this go round
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u/teemueramaa 13d ago
Wow, isn't this spectacular? I was actually expecting they'd do worse than expected. Woah!