Plug Power Failure Part I: Critical DOE Loan at Risk Due To False Water Data, Cash Crunch, And Stalled Expansions As Hostile Trump Administration Looms
Based on Hunterbrook Media’s reporting, Hunterbrook Capital is short Plug Power (NASDAQ: $PLUG) at the time of publication. Positions may change at any time. See full disclosures below.
Plug Power Inc. (NASDAQ: $PLUG) understated the water usage of its hydrogen plants, reporting figures almost eight times lower than actual levels, according to a Hunterbrook Media review of groundwater withdrawal permits, permit applications, and purchase agreements. The revelation could complicate Plug’s develop...
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