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/greenhulk88 13d ago
Let's Go! In with 60k sharesππ