Alright, let's imagine you have a big lemonade stand (this is EVgo company), and your mom (LS Power) wants to buy a new car but she doesn't want to spend her own money. So, she tells some of her friends (investment banks like J.P. Morgan) that they can buy shares in your lemonade stand if they promise to give the money to her so she can buy the car.

Your mom says each share is $5, and your friends might want to buy more than what you initially said (the 30-day option). But remember, even though people are buying the shares, you're not getting any of that money - it all goes to your mom for her new car.

Now, usually when a lot of people want to buy something, they pay a higher price. However, in this case, because everyone knows that EVgo itself isn't making any money from selling these shares (since the company is keeping its own shares and giving them away), investors are less excited about buying the shares. That's why EVGO stock might go down, like your lemonade sales going down if you raised prices but people thought your drink wasn't worth it anymore.

So, even though your mom is happy because she gets to buy a new car, the value of your lemonade stand (or the company) in others' eyes goes down. That's why EVGO stock might be going down while your mom is busy buying that shiny new car! Read from source...

I've reviewed your text and here are some potential criticisms, highlighting possible inconsistencies, biases, irrational arguments, or emotional behavior:

1. **Lack of Context / Inconsistency:**
- You start by mentioning EVgo's share price decline in premarket trading due to the secondary offering, but later on, you mention a positive development (the $1.25B loan facility) without explaining how investors might react to this news.

2. **Biases:**
- The article seems biased towards EVgo as it starts with negative news and then abruptly changes to positive news without bridging the two topics.
- There's no counterargument or alternative viewpoints provided, which could help readers make more informed decisions.

3. **Irrational Arguments / Incomplete Information:**
- It's not clear why the secondary offering is necessarily negative for EVgo shareholders. While it's true that EVgo won't receive proceeds, it doesn't automatically mean the company will lose value.
- The article doesn't explain how LS Power selling its shares could impact EVgo's operations, market perception, or stock price.

4. **Emotional Behavior:**
- Although not evident in the article itself, the sudden drop in pre-market trading due to the offering announcement might cause emotional reactions from investors. However, the article doesn't explore potential underlying reasons behind this emotional response.
- Positive news like the $1.25B loan facility might invoke optimism (another form of emotional behavior), but again, the article doesn't delve into this.

To make your article more balanced and compelling, consider addressing these points by providing additional context, exploring different viewpoints, explaining complex topics in simple terms, and offering data-driven insights rather than relying solely on emotional responses or incomplete information.

Based on the provided article, the sentiment is predominantly **negative** and **bearish**:

1. **Negative**:
- The article starts with "EVgo Inc. EVGO shares are trading lower in premarket trading," indicating a decrease in stock price.
- It mentions that all funds raised from the offering will go to LS Power, implying that EVgo itself may not directly benefit from this funding.

2. **Bearish**:
- The stock is down by 22.5% in premarket trading after the announcement of the secondary public offering.
- There's no positive or bullish outlook presented in the article. Instead, it primarily focuses on the stock drop and the company not benefiting directly from the funds raised.

The overall tone suggests a cautious or pessimistic view among investors regarding EVgo's recent developments.

Based on the information provided, here's a comprehensive look at EVgo Inc. (EVGO) from an investment perspective:

**Investment Thesis:**

1. **Growth Potential:** EVgo is expanding its electric vehicle (EV) charging infrastructure rapidly, aiming to more than triple its network footprint to 10,000 stalls by 2029. This aligns with the growing demand for EVs and supports transportation electrification efforts.

2. **Government Support:** The company recently secured a $1.25 billion guaranteed loan facility from the U.S. Department of Energy's Loan Programs Office, demonstrating government support for EVgo's growth plans.

3. **Leading Position:** With this expansion, EVgo could become one of the largest and most comprehensive public fast charging networks in the U.S., solidifying its position as a leader in the EV charging sector.

**News Catalysts:**

1. **Secondary Public Offering (SPO):** LS Power is selling 23 million shares at $5.00 per share, which could dilute existing shareholders' stakes if they don't participate in the offering.

2. **Expansion Updates:** Any progress or announcements regarding EVgo's network expansion plans could drive interest and potentially impact stock prices.

**Risks:**

1. **Dilution Risk:** The secondary public offering could lead to increased selling pressure, further diluting EVGO shareholders' ownership if insiders participate in the sale of shares.

2. **Market Competition:** The EV charging market is highly competitive, with well-funded players like Tesla (TSLA) and Electrify America vying for market share.

3. **Regulatory Risks:** Changes in government policies or funding priorities related to EV adoption could impact EVgo's growth prospects and financial performance.

4. **Execution Risk:** EVgo must successfully execute its expansion plans without substantial cost overruns or delays, which could negatively impact its operating margins and financial health.

5. **Profitability Concerns:** Like other growth stocks in the sector, EVGO may face challenges in achieving consistent profitability as it invests heavily in infrastructure expansion.

**Investment Recommendation:**

Given the recent share price decline following the SPO announcement, some investors might find an entry point at current levels attractive for a long-term position, considering EVgo's growth prospects and government support. However, due to the dilution risk and competition in the market, it is essential to maintain a stop-loss level and monitor developments closely.

Before making any investment decisions, consider seeking advice from a financial advisor or doing thorough research to ensure that EVGO aligns with your investment goals and risk tolerance.