Plug Power Inc (PLUG)

[uksausage]

I sort of share your view of management
however they haven't been saying profitable next quarter for the last 3 years.

they actually said Profitable by end of 2015 back in 2014 after the Walmart deal and pushed it out to 2016 when GAAP reporting was adopted. (BTW no one can actually define profitable at an instant in time like that but most analysts took it to mean either Q4 2016 or Q1 2017)

I don't know why they bother with those predictions either as they could have got close by not doing any R&D and not trying to enter the Range Extender and Chinese markets which doesn't do any good for share.

The management really screwed up in the financing reporting and how they tried to raise cash/cover the Walmart loan arrangements with M&T bank then Green Bank then - I lost track and it cost something like $8m in total fees.