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Actually, and unfortunately, VUZI is one of my better performers. I also have PLUG and FCEL.
It's everybody, not just VUZI. I'm beginning to think changing President's wasn't such a good idea.
Hopester, I appreciate your bullish comment earlier on PLUG and your reiteration of bearishness on FCEL.
As a result, I sold 1000 PLUG and bought 2000 more FCEL today.
Please keep your analyses coming. Except for that one time, your forecasting record is impeccable.
Imagine how much DIGAF could rise if they could somehow just let us know they are still in business.
Good morning uk. I dipped my toes into SIRC this week. I'll wait to see how things progress before buying more. Are you in?
At least Andy gives us regular updates on progress being made on the various projects. Some of the companies I'm invested in only seem to want to report earnings four times a year, and maybe an occasional private placement or two.
Progress updates are important for supporting investor interest and the stock price...usually.
Plug Power to Build North America's Largest Green Hydrogen Production Facility in Western New York
4:39 PM ET 2/25/21 |
Production plant to reside in Western New York Science, Technology and Advanced Manufacturing Park in the Town of Alabama, Creating 68 Jobs
LATHAM, N.Y., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, is growing its green hydrogen footprint in New York with construction of a new state-of-the-art green hydrogen production facility and electric substation in the New York Science, Technology and Advanced Manufacturing Park (STAMP).
As North America's largest green hydrogen production facility, the plant will produce 45 metric tons of green liquid hydrogen daily servicing the Northeast region. The plant will use 120 MW of Plug's state-of-the-art PEM electrolyzers to make the hydrogen using clean NY hydropower. The New York plant joins our existing Tennessee plant in a network that aims to supply 500 tons per day of green hydrogen by 2025, 1,000 tons per day globally by 2028 and that when fully built will offer our transportation fuel customers pricing competitive to diesel. This $290 million investment in green hydrogen production leads the way to decarbonizing freight-transportation and logistics and supports the Empire State's path to achieving carbon-neutrality by 2050. The project includes a 450 MW electrical substation that will service the entire STAMP site.
"Plug Power's future rightfully revolves around building the green hydrogen economy," said Andy Marsh, CEO for Plug Power. "We are grateful that our home state of New York is helping lead the way on climate and clean energy initiatives. And, that Plug Power's green hydrogen solutions can make such a positive impact on the environmental and economic climates in the state. We thank our elected officials and partners for their leadership."
Plug Power's ability to develop its new green hydrogen fuel production facility in New York is the result of a comprehensive state and local incentive package from the New York Power Authority, Empire State Development and Genesee County.
U.S. Senator Charles Schumer said, "Today we usher in a winning combination of firsts: Plug Power is creating its first ever green hydrogen production facility and we have secured the first tenant at the WNY STAMP site. This facility will create over 60 new good-paying green-energy jobs, boost the Western New York economy, and serve as a jumping-off point to create the nation's first U.S.-wide network of green hydrogen production facilities to produce carbon-free fuel cell power. After securing its new over 375 job gigafactory in Rochester last month, I applaud Plug Power, a proud Upstate NY-based business with deep roots and hundreds of NYS workers, for doubling down and selecting STAMP as the home of this new production facility. I will continue to advocate with the U.S. Department of Energy to secure federal support to help bring this development to full fruition."
"Plug Power has quickly become a leader in alternative energy technology and I am thrilled they are further expanding their footprint here in New York," said Congressman Joe Morelle. "During my time as NYS Assembly Majority Leader I was proud to help bring the STAMP Business Park from concept to reality, and this is exactly the type of advanced manufacturing investment and growth we always knew the Park would facilitate. I'm grateful to Plug Power for their commitment to creating jobs, strengthening our economy, and building a cleaner, more sustainable future."
"New York State is committed to establishing itself as the leader in the national effort toward a more renewable future focused on green energy excellence, and we're showing that protecting the economy and encouraging economic growth aren't mutually exclusive," Governor Cuomo said. "We are incredibly proud to partner with Plug Power once again and applaud the company's continued investment in the Finger Lakes region and to its commitment to creating top-quality green jobs as we work to foster new investment and job growth during a difficult economic time for many New Yorkers."
Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, "Plug Power's forward-thinking innovation and ongoing commitment to New York State are helping to advance Governor Cuomo's clean energy vision. This hydrogen fuel manufacturing facility using local hydro power at the STAMP mega-site will strengthen New York's green economy by creating top quality, high-tech manufacturing jobs."
Gil C. Quiniones, NYPA president and CEO, said, "The state's clean energy economy is growing rapidly under the Governor's leadership and Plug Power is seizing the plentiful opportunities for green energy companies to expand and flourish in New York. Leveraging NYPA's carbon-free hydropower from the Niagara Power Project to attract a firm dedicated to the development of green hydrogen for fuel cell applications is an example of how we should address the climate crisis."
STAMP is a 1,250-acre mega site located at the center of upstate New York's largest population, research, and workforce training hubs. Connected with New York's high-tech corridor by the New York State Thruway, STAMP has completed all site-level design and engineering, and all-site level environmental and zoning approvals to house projects including semiconductor manufacturing, renewables manufacturing, biopharma manufacturing, and other high-capacity industries. The mega site is strategically located in NYPA's low-cost hydropower zone and will be serviced by high-capacity, 100% renewable, reliable and local power sources. STAMP has been validated as a regional priority project by the Finger Lakes Regional Economic Development Council and has been supported by local, regional, and state governments, as well as business, university, and utility partners.
Greater Rochester Enterprise President and CEO Matt Hurlbutt said, "Plug Power plans to establish a hydrogen generation facility at the STAMP mega-site in Genesee County because of its unique infrastructure, including low-cost, clean hydropower. The power generated at this new facility will also support Plug Power's Giga factory in Rochester, NY."
VUZI wants to go up so bad, but the market keeps dragging it back down.
Here is some light reading while we wait for tomorrow: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/a-stock-in-vogue-us-hydrogen-player-plug-power-eyes-european-expansion-62762908
Agreed. The entire market seemed to weaken after PLUG's $65 fiasco, and I don't mean just the FC industry. PLUG is unquestionably a market leader...and the market needs a leader NOW.
Here's hoping Andy can present the numbers tomorrow in such a way that the markets get excited by Amazon's exercising of their options.
Maybe he will present two scenarios, one with the option purchase and one if the purchase hadn't occured.
If today isn't capitulation, it's Armageddon. I'm hoping for capitulation.
I'm beginning to think Few isn't interested in spending money on a news release until he has to announce the date for 1st quarter earnings.
The expectation is reduced revenue and earnings, having something to do with Amazon exercising their options.
Q1 numbers, on the other hand, should be much improved year over year.
Don't be tired of being right. That's as bad as being tired of winning. I think I got in around 8 or so.
Today looks like it might be a good one.
Thank you sbrisson and Raznic for the replies...and Raznic for the chuckle.
Thanks for the interesting article. It says, "It is actually an OTC traded stock, but they have already submitted their documents for uplisting." It also says, "Although we cannot ignore the fact that Solar Integrated Roofing Corporation is still an OTC traded stock as well as the risks associated with it, we also cannot but accept that in our view, the moment it gets listed, it is a Buy for us".
I believe SIRC is currently on the OTC Pinksheets. My question is, "Has SIRC submitted documents to uplist to the general OTC market, or to the NASDAQ? If the answer is the general OTC market, I'm sure it is only a step toward the NASDAQ before much longer.
I will be buying some tomorrow.
You can't argue with free advertising:
Vuzix M400 Smart Glasses featured in American Medical Association publication
17.73 11.93%
Real time quote.
Vuzix announced that the company's Vuzix M400 Smart Glasses were featured in the American Medical Association's Special COVID-19 Edition for Accelerating Change in Medical Health Education Systems Science Student, Resident and Fellow Impact Challenge. The clinical study was conducted by the University of Louisville School of Medicine and summarized in the recent publication by the American Medical Association.The University of Louisville School of Medicine, during the course of this clinical trial conducted in the spring of 2020, was able to utilize Vuzix Smart glasses to enable approx. 320 students to receive a clinical shadowing experience that would have been otherwise unavailable during the 2020 school year for first year residents due to restrictions put in place as a result of COVID-19.
After hours? About 7:30pm? Just a guess.
Could we please cut back a bit on the idle chit chat and reserve our posts for news and insights. There is only so much time in a day.
Thank you.
We're at the 50 day moving average. Let's hope we hold there.
Thanks rgend. Hopefully this will help drive the price up a bit. I see great thing happening with Vuzix.
All good questions that I can't answer. I'm staying put on the 'this concept isn't going to work efficiently enough' side for now.
A rainmaker can't stand in the field, day after day for 90 days, chanting, "Today it's going to rain," and be wrong all that time, and then, on the 91st day expect to take credit for the rain.
Only a charlatan would do that.
SunHydrogen Partners with Schmid Group of Germany to Scale Its Gen 2 NanoParticle Technology to Produce Renewable Hydrogen
SANTA BARBARA, CA – February 17, 2021 - SunHydrogen, Inc. (OTC:HYSR), the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, today announced an agreement with SCHMID Group of Germany to design and define a process platform that enables mass manufacturing of SunHydrogen’s Gen 2 NanoParticle hydrogen panels.
Founded in 1864, SCHMID Group employs over 700 professionals working across production sites in Germany, China, Korea, Turkey and the United States. The company is known for its work in industries spanning electronics, photovoltaics, semiconductor and notably, energy systems. With an established track record for developing and commercializing processes used in these varied industrial sectors, SCHMID Group builds machines and automation systems that are perfectly-tailored to customer requirements. Focused on a sustainable, carbon-free future, SCHMID Group takes advantage of its numerous synergies stemming from its existing energy experience to develop new solutions for cost-efficient industrial mass manufacturing.
Following execution of the agreement with SunHydrogen, SCHMID Group will provide a concept for customized manufacturing equipment to manufacture in large-scale, along with a good faith offer (which will include a cost estimate and other relevant details) pertaining to the utilization of the process on Schmid equipment. The delivery of the concept is expected within the calendar year 2021.
“We are very excited for this milestone partnership towards achieving a green future, and more specifically to work with SunHydrogen’s Gen 2 NanoParticle hydrogen generator, a technology capable of opening the door to commodity hydrogen production at the lowest possible costs,” said Christian Schmid, CEO of the SCHMID Group. “Relying upon our experience in PV and compound system manufacturing coupled with our ability to achieve industrial scale, we seek to demonstrate the efficacy of this innovative product very quickly and look forward to seeing the renewable hydrogen sector continue to thrive.”
The collaboration is comprised of three key stages: design, evaluation, process evaluation and engineering. Upon its completion, the two parties’ mutual goal is to generate the base for a solid cost estimate, as well as a timeline for building up an industrial scale prototype production with a defined substrate, size, process sequence and throughput requirements.
“We are excited to work with a company of SCHMID Group’s caliber and reputation, and believe that Schmid’s strength and innovations in electronics, photovoltaics, and energy systems will further demonstrate the progress and promise of our technology, especially the Gen 2 program,” said Tim Young, CEO of SunHydrogen, Inc. “One of the key aspects of this partnership is the collaboration between the two companies, including our team at the University of Iowa which has been so crucial in helping us get to this point. We are also appreciative of the strength of our investor base, which has enabled us to more rapidly pursue partnerships with international leaders like SCHMID Group.”
“One of our core competences is the ability to transfer lab processes to industrial scale, establishing technologies beyond just proof-of-concept by showcasing market viability,” said Mr. Schmid. “Each component of the SunHydrogen Gen 2 device strongly aligns with our existing expertise and know-how, and we only have to put it all together to bring a great new product to the market. We are very thankful that SunHydrogen has selected us as a partner, providing us with an important opportunity to contribute again with solutions for a green future.”
I don't know. It's the first time they refused to accept a trade from me. After 40 years, I'm not looking to change brokers, so I sent an email asking why they wouldn't accept my trade.
They said they'll get back to me in about 5 business days. Lol.
Ok. I hoped it woud be more. Even Elon Musk has offered $100 million out of his own pocket for carbon capture...but I guess he probably has more money than the government.
I'm thinking maybe the market isn't very impressed with Biden's $100 million pledge for the industry.
Weren't they talking about $3 trillion or some such unGodly number?
Lately there has been a 90 minute wait to talk to someone. I've been with them for probably 40 years, but haven't been too pleased lately.
ETrade won't accept my buy order. They say they aren't accepting opening orders at this time.
Yes, Scuba, 4 weeks of churning prices was certainly fortunate for the short sellers to play the ups and downs and reduce their short positions.
I have often speculated that institutions that hold large long positions are likely to short those shares to ensure no risk either up or down. That way they can list those stocks in their portfolios to impress their retail customers. If they work out a sure way to eke out a few per cent profit each year, I'm sure they would do it. I don't see any other way short positions can get so large.
I don't understand the intricacies of institutional short-selling strategies, but I would think that, if the institutions expected a sizable increase in a stock's price, they would unwind their short positions before initiating the price rise.
I'm with those who expect a sizable price increase sooner rather than later.
The chart did suggest a breakout was coming sooner or later. It looks to me like it may have more to run this time. Maybe to 21 before resting.
I've never heard anybody talk about PLUG being involved in carbon capture before, but I noticed on their homepage they say they removed 12.6 million pounds of CO2 in 2020.
If you want to see it, scroll down to just above the list of press releases: https://www.plugpower.com/
PLUG has officially lost its MoJo. Maybe they can find it over the weekend.
Somehow, Mick, I get the feeling you saw today's price increase coming. Any idea what caused it?
How many shares of AMZN for each share of PLUG do you think would be fair? :)
Am I correct in stating that the title of this article is misleading and erroneous? Is Amazon becoming a competitor now?
Well, if the recent rise is due to the market mistakenly thinking HEMP is a marijuana stock, I won't be the one to tell them they're wrong.