Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's all fine, because after the FCC grants approval, everything else will be meaningless.
Wrong! Hydrogen is cheap to make through a process involving water and electric current. Now, that's an over simplified explanation, but really is simple and cheap.
It will be interesting to see what additional info comes out today!
Oh what a difference one day makes.
How are you allowed to moderate any board. Kind of dissapointing.
How are you allowed to moderate any board. Kind of dissapointing.
Just thinking, but I don't think Toyota would want to get into the hydogen distribution end of the market, but does need that distrubution system out there for the vehicle to advance and be a viable commondity. So, I'm thinking one of the big oil companies will see the writing on the wall and add hydrogen filling pumps along side of gasoline and diesel. Let's say Exxon makes a three way deal with Plug and Toyota. Then you have the partners, the money, the vehicle (Toyota), the hydrogen distribution system (Exxon) and the supplier (Plug.) This can go many different ways, and every way leads to growth. Again, just a thought.
Well, how about this for a start. If all the Walmarts convert over to fuel cells for all their fork lifts, and they have to build the storage and structures to hold the hydrogen to refuel the cells for the fork lifts, then how difficult would it be to build at least one hydrogen filling pump for cars at every Walmart? There's not the need right now, but there could be in the future, and Plug Power would be there supplying the clean energy of the future. It's not that much of a far fetched idea.
I got the same feeling. Thankfully, the product will speak for itself. That is, if the FCC will quit jacking around and give the approval needed to move forward.
I could feel this coming when it was announced this morning that Monroe was going to defend his position on Mad Money. The thing is, he had to do this to stop the bleeding, and for the most part, I think it worked. The only portion that Cramer had that "gotcha" look on his face was when he asked how soon the FCC would vote for approval.
I knew Cramer's arrogance would prevent him from backing down from his statement on Friday. This was a no win situation, but again, I think Monroe did the right thing and even though AH pps dropped, and will probably go down some tomorrow, I believe Cramer knows damn well this stock will take off when approval comes. It does not matter what the pps was AH or tomorrow. Everything hinges on the FCC approval, which I think will happen. Then we see an immediate bump up to the $10 to $12 range, until the big fish comes along to take the hook. Google, Yahoo,,, who knows. But we hold a future billion dollar commodity IMHO.
Take a good look at all of Grubers comments. They are directed at you!
Ok, the chart tells you this, but what would the chart say if,,, oh I don't know,,, maybe the FCC were to approve GSAT plans and give them a green light.
People that can read and understand the charts have a great talent. I for one do not have that talent or place as much trust in charts as I do news or earning reports.
But, whatever floats your boat, good deal. After all, it's your money.
Donotunderstand,
That was a nice and long attempt at defending what basically amounts to the President of the United States, looking straight into the camera at every American and lied multiple times to push a scheme that does not work anywhere in the world.
Think of it this way. Starting back in 1995, President Clinton said this:
“I want to say this one more time, and I want to thank again all the people here from the private sector who have worked with Secretary Cisneros on this: Our home ownership strategy will not cost the taxpayers one extra cent. It will not require legislation. It will not add more Federal programs or grow Federal bureaucracy.
It's 100 specific actions that address the practical needs of people who are trying to build their own personal version of the American dream, to help moderate income families who pay high rents but haven't been able to save enough for a downpayment, to help lower income working families who are ready to assume the responsibilities of home ownership but held back by mortgage costs that are just out of reach, to help families who have historically been excluded from home ownership. Today, all across the country, I say to millions of young working couples who are just starting out: By the time your children are ready to start the first grade, we want you to be able to own your own home (Bill Clinton, 1995.)
This was the “Obamacare” of home ownership, with the exception that Clinton’s version kicked the can down the road until the bubble burst in 2008. Now, Obama has changed his own law, “unlawfully” since it placed into effect. Among everything else, there are five main lies of Obamacare that plainly Obama knew about, knew he was lying, just as the professor Gruber stated were lies.
1) Obamacare will cut the cost of your health care. If only. When Obamacare goes into effect next year, many Americans can expect STEEP increases in the cost of health care.
2) Obamacare will not increase the deficit. Calling for a massive new government program to cut costs will not economically work.
3) "If you like your doctor, you will be able to keep your doctor. Period." Soon, many Americans will be happy if they can find A DOCTOR, much less THEIR DOCTOR.
4) Obamacare will create jobs. That would be true if you added "...at the IRS" to the end of it, but companies have already begun to move millions of workers from full to part time to avoid punitive new costs under Obamacare.
5) If you like your health care plan, you'll be able to keep it.
If you have a true economics mind, you would be able to calculate what taxes have to be collected in order to pay out to the millions that have figured out that they do not have to work to get food stamps, and now healthcare.
Now, before my point of view is vilified for simply saying people should act responsible and take care of their own family, I am in FULL support of those who honestly cannot work because of physical problems, are critically ill and need help or mainly those in their elderly years that cannot work any longer. But for the most part, the system is abused by people of all races and genders. There is no skin color for the lame and lazy that are more than happy to take from the government (you and me), commit voter fraud to get what they want (more freebies) and teach their children how to game the system. It has become a generational epidemic and now we have 36 months of over 46 million people on food stamps.
“Posted on Tuesday, November 11, 2014 12:18:12 AM by PROCON
(CNSNews.com) - The number of beneficiaries on the Supplemental Nutrition Assistance Program--food stamps--has now topped 46,000,000 for 36 straight months, according to new data released by the Department of Agriculture (USDA).”
I am NOT an economics genius and I hated the economics and finance courses in college. But you do not have to be an economics professor to think and wonder, how deep in debt can this country go before the entire system implodes upon itself. I simply believe that by not living within your means as a person, household or country, there is an ultimate failure waiting.
Do you know economics as well as prof. Gruber? Or are you one of the stupid Americans he refers to that supports the lies?
Sorry, WSJ article.
I'm surprised there are no comments today on the SA article regarding Elon Musk.
Spoken like a good North Korean, or liberal. Not much difference.
Plug kinda reminds me of Tesla back when it was $25 a share. When that started moving north, it never looked back until lately at the $300 range. And all because the break away from gasoline. I wonder how many sold when that RSI indicated over bought. I still need to study up on what would or could reset the RSI.
Anyhow, I think people have had time to digest the pros and cons of an electric car. Now Plug comes along with the solution to change electric forklifts to hydrogen forklifts. So naturally, it seems the next step is for someone to incorporate Plug’s fuel cell into a car. I know it’s just a dream right now, but it can work.
You are exactly correct about that possible plot to get Russia under control. I forgot about that. Imagine how weak Russia would be if hydrogen was the answer to breaking oil dependency not only for the United States but for Europe as well.
If there are any chart experts out there, what are the thoughts of the RSI going over 70 and into the "over bought" territory? There is a lot of good news out there, and there seems to be rumors of more good news on the way. What would it take for the RSI to re-set, especially if earnings come out and show to be in the green? Some people live by the charts, I'm just trying to learn what happens when great news keeps hitting what the charts target as over bought. Thanks in advance.
Seems to me that the short term low prices will not persuade corporations from the continued search for a cleaner burning fuel that is cheaper to produce. The Saudi's will keep driving the price of oil down until fracking is not economical. When drilling wells are shut down, up the price will go. If we see $60 a barrel oil, you will see domestic drilling slow down quickly.
I Don't think short term will be an issue as long as new customers that operate machinery in enclosed warehouses that use batteries convert over to hydrogen cells. In the longer term, hydrogen cells could slowly take over as the answer to alternative fuel instead of oil. That is just a thought based on watching YouTube and the people out there now working on methods to run engines off straight hydrogen. There are claims of no internal damage to the engines when compared to the same applications with gasoline fuel. Then of course, no fumes or pollution is the big advantage.
There is a whole lot going on here that I am trying to piece together and understand.
“Mr. Jay Monroe, III, is Executive Chairman & Chief Executive Officer at Globalstar, Inc., Co-Founder & Managing Partner at Thermo Capital Partners LLC, and a Principal at Thermo Cogeneration Partnership LP.”
So, I understand that much. Now comes the blackout period that ends on the 13th that I have been reading about, where there seems to be a possibility that Mr. Monroe will be investing much more into GSAT. But the main thing that catches my eye is:
1. There is an increasing WIFI congestion in the USA
2. TLPS is a cost efficient tool to address the issue
3. TLPS could be very quickly put into operation
4. TLPS should be attractive for certain big players, such as Google to operate a private WIFI network in the US
5. TLPS is, therefore, clearly an asset. Odeon Capital in its April research listed six valuation methods to value TLPS, which generated a range of $3.38 to $10.19. Based on this they assigned buy rating with $5 price target.
So, through all that Kerrisdale crap, I actually appreciated the fact that they helped knock the pps down to what I should have bought shares at in the first place instead of waiting until $3.70 range to buy. And I only bought there because it had been in the mid $4 range and I thought I was getting a deal. I think when the dust settles, the cost average will still be a great deal.
Well, my mother is from Lake Charles and my grandparents on my dad’s side was from New Iberia. The funny thing is, when my grandparents moved to Texas and had my dad, they made it known they would not teach the children the French language, only English. Too bad. Back then it was frowned upon to speak French. Cajuns had a rough time back then.
So, now I live in Sugar Land, TX and hope GSAT will help me buy some retirement property in the hill country around the Austin area. I'm not too knowledgeable about the spectrums and such, but I am learning. In my thinking, satellites will be the most reliable forms of communication now and in the future. I work for an electric utility, and when a hurricane hits, the cell towers go down or lose power, and that's it for communication.
Anyhow, you did hit it right. Bouray is just a change from Boudreaux. You sound like you are familiar with the area. So, when we get FCC approval, Laissez les bon temps rouler.
I hope you folks are right and we see some positive news. I bought 7k shares at around $3.70 or so, then road this down to today. This morning bought another 7k shares at $2.40. My ultimate hope is for FCC approval. I think we will be very well off when that happens. That will place me firmly in the green.
By the way, I forgot to ask what,s up with the AH activity Friday? Anyone know?
I have to admit that it would be hard not to take profits at $8 or around that area. However, I think the $12 range could be low if we get full FCC approval. I do not know enough about this technology to foresee how communication and WIFI will change in the next few years, but to put things into perspective, look at how fast technology changes today as well as how many mega companies are fighting for your dollars. I think Hughes Net is the only option for high speed WIFI once you leave the suburban areas and venture out into the rural areas with no cable or phone lines.
I work for an electric utility, and I can tell you, there is no larger cost than to maintain poles and wires. Communication from satalite would be more cost effective from a maintenance standpoint, and are not threatened by storms, tornados, fire, hurricanes, etc...
Yes, it will be hard not to sell, but the greedy me sees a much higher ups in the future.
Very good points.
How can Fannie and Freddie be shut down if they are backing the banks in new low interest risky loans? Just a question, but it does seem we would have to be released from conservatorship to run business as usual. Any thoughts?
By
Joe Light Updated Oct. 17, 2014 4:44 p.m. ET
Mortgage giants Fannie Mae and Freddie Mac , their regulator and lenders are close to an agreement that could greatly expand mortgage credit while helping lenders protect themselves from charges of making bad loans, according to people familiar with the matter.
Fannie Mae and Freddie Mac have recouped tens of billions of dollars in penalties from lenders in recent years over claims that the lenders made underwriting mistakes on loans they sold to the mortgage giants. Lenders have blamed those penalties for tight credit conditions and for prompting them to make loans only to borrowers with near-pristine credit.
If the agreement is completed, lenders may be more willing to lend to borrowers with lower credit scores and smaller down payments.
Fannie and Freddie are also considering new programs that would make it easier for lenders to offer mortgages with down payments of as little as 3% for some borrowers, according to people familiar the matter, marking a reversal for the loan giants.
The moves, which could be announced as soon as next week, could help pave the way for greater loan access for millions of Americans who have less-than-pristine credit or can’t afford to put a large amount of money down. At the same time, they could provide kindling for critics who worry that the companies and regulators could repeat some of the mistakes that lead to the housing boom and bust.
The agreement and low-down-payment programs would be the latest effort by federal regulators to ease mortgage standards, which have remained abnormally tight since the financial crisis.
In previous years, the Federal Housing Finance Agency, which regulates Fannie and Freddie, had tried to shrink their outsize role in the mortgage market. However, under new director Mel Watt, who took office in January, the agency has turned to expanding mortgage access in part to ensure tight credit doesn’t stifle the housing recovery.
Fannie and Freddie don’t make loans, but buy them from lenders, package them into securities and then give guarantees to make investors whole if the loans default. When lenders sell loans to the companies, they make their own representations and warranties that the loans meet the companies’ standards.
After the housing crisis, Fannie and Freddie required lenders to buy back tens of billions of dollars of delinquent mortgages that they said ran afoul of their standards. In response, lenders have said that they would only make loans that were much more conservative than what Fannie and Freddie require.
Over the past few years, FHFA has made several attempts to ease lenders’ concerns. Beginning in 2013, the agency said that lenders wouldn’t have to buy back most loans where the borrower didn’t miss any payments for three years. This May, the FHFA said that borrowers could miss two nonconsecutive payments within three years.
In both cases, the FHFA exempted some mistakes such as fraud, and without clear definitions of what mistakes met that threshold, lenders said they remained wary to expand mortgage access.
The new agreement would clarify what mistakes should constitute fraud, giving greater confidence to lenders that they won’t be penalized many years after a loan is made.
To be sure, lenders and government regulators must still agree on what to do if they disagree on some problems, which could involve introducing a third-party arbiter to resolve disputes.
Separately, Fannie Mae, Freddie Mac and the FHFA are considering new programs that would allow them to guarantee some mortgages with down payments of as little as 3%. The program could be limited to certain kinds of loans, such as mortgages to first-time home buyers, or be broader.
The move would be a big reversal for the lenders. Fannie Mae stopped accepting loans with 3% down payments last year, except in certain circumstances, while Freddie stopped guaranteeing such mortgages several years ago. Loans backed by Fannie and Freddie with down payments of less than 20% typically require mortgage insurance.
Both the agreement and the new program, which could be limited to certain types of borrowers, could be announced as soon as next week.
The efforts come as regulators and White House officials struggle to find ways to expand mortgage access, which despite a sharp rise in home prices, has remained limited.
According to mortgage-origination software company Ellie Mae, the average FICO credit score for closed loans in August was 727, on a scale of 300 to 850, down only slightly from 2013. According to real-estate-data company CoreLogic, in July about 12% of home purchase loans were made with down payments of less than 5%, compared with nearly 40% toward the end of 2009.
Regulators and lenders have tried to walk the fine line between expanding mortgage access and moving too far back to the loose credit that precipitated the crisis.
At one of his first public speeches in May, Mr. Watt said that Fannie and Freddie should focus on making credit more available, rather than pull back from the mortgage market.
It isn’t yet clear how much of an impact the lowdown payment programs would have on mortgage credit availability. Borrowers who want to make a low down payment can often access loans insured by the Federal Housing Administration, which guarantees loans with down payments of as little as 3.5%. But the cost of FHA insurance has risen sharply over the last few years.
Write to Joe Light at joe.light@wsj.com
213 232
Text SizeRegularMediumLarge
Google+ LinkedIn Print
The way you describe it, it sounds like a money laundering operation. Does that seem to sum it up?
That is his liberal mindset as well as how they get votes. Fact is, nothing is free. Your taxes and my taxes will pay for whatever they say is free.
And their shorting scam has been exposed for what it is. Just a way to drop the price before FCC approval knocks this to $10 or more.
Maybe someone has already mentioned this, but the main reason for PLUG's drop today is probably related to the same damn, scum sucking, piece of crap, dirt bag, flea infested, bastards that are shorting another stock I own. Go check out the website for kerisdale investments, and you will see that they are a group that specializes in shorting stocks.
I can't get over the feeling that this is working exactly how this investment company shorting GSAT wants it to work. I own another stock similar to GSAT that also has a bright future and that companies website is targeting my other investment as well. I think there is a manipulation target this company is seeking to start massivly buying at the artificially deflated pps. GSAT has been on a slow but steady climb with a great product and good business plan, the only thing missing is FCC approval. Once that is in place, I think everyone knows $6 would be the low target and we would probably be more in the $10 to $15 range with plenty of growth opportunities with big partners. I could be wrong, but I'm willing to ride this into the ground to find out.
Thanks for the update Dick.
It's not lost until it's sold.
You would think Homeland Security would have a huge interest in this.
That is the truth; however, at least I feel my chances are better here than in Vegas. At least I can say I lost my money because I thought I researched everything. In the end, it is just a bet.
It does seem that with the RSI at 40, especially after being so high around 70 within the last couple of weeks, it could go a little lower before making a rebound. I used to think charts were just voodoo, but the more I observed, the more I began to believe certain indicators on charts are useful. However, I still think news and/or rumors trump everything.
I'm placing trust in the RSI showing oversold. Watching this for over two years and seeing the same pattern, especially with no new supporting such a dip, this seems to be classic MM's seeing how many stop sells could be hit. If the past RSI chart lows are any indication, this should not go any lower. At least that is what I'm counting on.
My plan is to use the most powerful tool known to man, VOTE. Bring to light what corrupt politicians want hidden, and be part of the process.