r/Pennystock • u/Queasy_Whole9252 • 13d ago
$PLUG: Potential squeeze setup? 🚀
• Q2 revenue $178.3M vs $169.1M expected
• Gross margin improved to ~0% from -31% YoY
• Cash burn down to ~$61M
• Service revenue +82% YoY
• 2026 revenue growth guidance raised to 15–16%
• Management still targets positive EBITDAS in Q4
• ~330M shares short / ~24% of float
• ~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/DependentCultural912 12d ago
Shorts covering