Key Earnings, News Developments: FreeSeas Inc, ReneSola Ltd, Rite Aid Corporation, BP plc, Plug Power Inc

    Key Earnings, News Developments: FreeSeas Inc, ReneSola Ltd, Rite Aid
                     Corporation, BP plc, Plug Power Inc

PR Newswire

NEW YORK, December 6, 2013

NEW YORK, December 6, 2013 /PRNewswire/ --

Market Buzz Report, an online portal for penny stock investors, issues key
stock analysis for BP plc (NYSE:BP), ReneSola Ltd. (NYSE:SOL), FreeSeas Inc
(NASDAQ:FREE), Plug Power Inc(NASDAQ:PLUG), Rite Aid Corporation (NYSE:RAD).

Three years after the Deepwater Horizon disaster, BP plc (ADR)(NYSE:BP) is
leading an industry charge to develop technology that can retrieve oil from
formations that are so deep under the sea floor, and under such high pressure
and temperature, that conventional equipment would melt or be crushed by the
conditions. BP's Tiber field in the Gulf of Mexico makes the Macondo field
look like a mere puddle; it is about twice as deep - 35K ft. below the sea
floor - and is thought to hold 20x the amount of oil. Another disaster could
threaten BP's existence, but success could restore its fortunes and perhaps
its reputation: "There's 10B-20B barrels of oil just for BP in this" - worth
up to $2T at today's prices - says Kevin Kennelly, who runs BP's global
technology operations.

Free Urgent Insider Catalyst ReportforBP Available
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In its Q3 report, ReneSola Ltd. (NYSE:SOL) states it has decided to
"permanently cease production" at its Phase I polysilicon plant, following
unsuccessful effort to lower its cost structure. A $202.8M charge is being
taken on the plant's assets. The company saw Q3 wafer/module shipments of
851MW, roughly flat Q/Q but above guidance of 730MW-750MW. Module shipments
rose 6.6% Q/Q to 462.9MW, and are expected to be in a range of 490MW-510MW in
Q4.ReneSola is upping its full-year wafer/module shipment range to 3GW-3.1GW
from a prior 2.8GW-3GW.Q3 gross margin was 8.1%, up from 7.3% in Q2 and -18% a
year ago (no typo), and in-line with guidance of 7%-9%. Investors may have
wanted more in light of the big GM gains posted by some peers. Q4 GM is
expected to be in a range of 9%-11%.Strong sales to the U.S. and other
overseas markets improved ReneSola's ASPs; the company sees the trend
continuing in Q4.Cash/equivalents totaled $438.5M at the end of Q3, and total
debt/borrowings $1.53B.

Free Urgent Insider Catalyst ReportforSOL Available
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URL into your browser)

FreeSeas Inc (NASDAQ:FREE) shares gained 9.32% to $1.29 in the pre-market
hour. The company on Dec. 2 announced today the Company's Amended and Restated
Articles of Incorporation were amended to effect a reverse stock split of the
Company's issued and outstanding common stock at a ratio of one new share for
every 5 shares currently outstanding. The Company anticipates that its common
stock will begin trading on a split adjusted basis when the market opens on
December 2, 2013. FreeSeas' common stock will continue to trade under the
symbol "FREE." The common shares will also trade under a new CUSIP number

Free Urgent Insider Catalyst ReportforFREE Available
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URL into your browser)

Plug Power Inc (NASDAQ:PLUG) shares surged 40% to $1.77. The company on Dec. 4
will host conference call and webcast during which CEO Andy Marsh will provide
business update for Plug Power and the Company's expectations for the
remainder of 2013 and for 2014.

Free Urgent Insider Catalyst ReportforPLUG Available
Here: Copy and paste the
URL into your browser)

Since the October 8th business update call, the Company has seen an additional
17.8M USD in bookings. Plug Power is currently in negotiations with several
large customers on sales agreements to deploy turn-key GenDrive solutions at
multiple distribution centers. The Company believes this will significantly
impact the fourth quarter bookings, as well as provide a recurring revenue
stream from product, service and hydrogen contracts. Plug Power expects orders
to range between 30M and 40M USD for the fourth quarter of 2013.

Rite Aid Corporation (NYSE:RAD) reports same store sales rose 2.8% Y/Y in
November. Front-end same store sale registered a 0.4% gain, while pharmacy
sales increased 3.9% despite a negative impact from new generic drugs on the
market. The comparisons for the month were boosted by the negative impact of
Superstorm Sandy during last year.

Free Urgent Insider Catalyst Report for RAD Available
Here: Copy and paste the
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