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Buh-Bye.
Wow ! Light Hydrogen Vehicles are 2 to 3 times more expensive than BEV'S !
That's a deal breaker.
Hydrogen Pipeline Issues
For those hoping that natural gas pipelines will be putting really expensive hydrogen into gas pipelines, here is another reason/problem why this won't be happening.
Xcel Energy's (a US Based Natural Gas pipeline system) demonstration project to blend hydrogen into its natural gas grid has been delayed at least until next spring at the earliest. Given the controversy surrounding the project from angry homeowners and environmentalists and unanswered questions surrounding steel embrittlement, leakage, and hydrogen's effects on appliances; and this project is likely to be delayed even further beyond next year.
Physicians for Social Responsibility are on record saying prolonging the use of gas pipelines is bad for the environment, bad for peoples' health, and poses safety concerns. One thing I didn't know is that increased hydrogen blends in natural gas increase nitrous oxide emissions, a indoor pollutant known to exacerbate childhood asthma.
PLUG : "We Make Hydrogen Harder than it Needs to be" !
B_B - Do you have the latest Short Interest numbers going into the Supe-Duper Symposium ?
I'm guessing Greater than 25% !
I also suspect that it will drop when shorts start covering and taking profits.
Banger - Apologista !
They have repeatedly said "Fully Operational" , going back almost 1 year.
Anything less is another PR Disaster.
ANOTHER PR DISASTER !
PLUG's Super-Duper Symposium, "Making Hydrogen Easy" , and still no Georgia ! Classic !
WTM - Have you noticed that PLUG has ceased using, "Making Hydrogen Easy" in their notices ?
Steve - I hope we're both wrong. War helps no one.
Mossad hunted down each 1972 terrorist, they will do the same this time.
Iran will definitely feel retribution.
WTM - You requested some C&P from Seeking Alpha. Here is the best of today:
Giesbers Investment Strategy
"There is no such thing as a sharp distinction between longs and shorts on this stock. I have published a very critical article about the stock lately.
But in 2013/2014 I have been an enthusiastic investor in Plug, selling it after the price went up much too quick, from about $0.50 to $10 in a matter of months. Of course, like many people I sold too early and 'missed' a lot of profits, but still it was a good trade.
After this, management has been much too optimistic about their goals, time and time again. They still are, all the while their margins are deteriorating and I believe this makes the stock a dangerous one to invest in.
It's not a question of 'who won' in the past. It is a question of what will happen in the future.
For Plug's performance, the future looks very, very uncertain."
_______________________________________________________________
"Correct, They had problems growing the material handling business last year but strong growth has resumed this year despite the business being a major disaster (and in contrast to your expectations above).
Their service contract terms with Walmart and Amazon are so bad that the company is forced to record millions of dollars of loss provisions for brand new equipment each quarter."
B_B - Not a Big One, it will be over in days, but the ripples could be felt over here.
If you are a Hamas militant holding an Israeli hostage, your life-span can be measured in minutes. There will be no arrest, there will be no trial.
Mossad has a rule. Munich, never again.
Ne, zhiveya na yakhta...
Yup. My phone pings every time there's a post to me. And I enjoy going for early runs. I'm actually enjoying a post run coffee...
And you should add WTM to that comment. He likes to post early as well.
And speaking of Liars ... Who said ?
jammy32
Re: Jack_Bolander post# 52982
Friday, October 06, 2023 8:53:18 AM
Post#
52983
of 53002
I’m done with bashers. Time to ignore Jack of no trades. Sad people.
and who said :
jammy32
Re: Jack_Bolander post# 52959
Friday, October 06, 2023 8:21:02 AM
Post#
52970
of 53002
WTM. Who cares what bashers do. Seriously
That will certainly help PLUG'S share price.
Shoot the messenger who is consistently right.
Shoot the messenger who brings in more information and insights than any other poster.
If you want to make a change which will help PLUG'S share price ...
Start with FIRING THE MANAGEMENT TEAM.
FIRE ANDY and the share price will DOUBLE.
B_B - Sorry. Good luck.
Hopefully PLUG can recover.
jammy - I am sure you are. I can tell by your posts.
Wonderful manners, and a deep understanding of PLUG and Alt fuels.
Why don't you post about PLUG and Alt fuel for a change, so we can see how smart and wonderful you are.
No jammy - I will leave it up so that everyone can see what kind of poster/person you are.
jammy - Wrong. You were wrong at $75.
You were wrong at $20.00 and you are WRONG NOW.
$6.00 And Tax Loss Selling is coming.... $3.00's ?
jammy - Apparently you do.
You are here every day, never mentioning PLUG, but instead attacking other posters.
So you must care otherwise you wouldn't be posting.
WTM - "JB, I didn't ask how the symposium affects your portfolio, I asked if you are buying, selling or doing nothing ahead of the symposium? I already mentioned yesterday that I'm buying."
And I have already answered you : None of your business.
Banger - In Roman Times ( and in modern China) the leadership kept the dissatisfied masses sated with "Bread and Circuses".
This will be the third Party at the LONG - DELAYED plant in Georgia and the FIFTH PLUG Party of the year. I'm about partied out.
Also I already have all of the contacts and sources I need within PLUG, and doubt anyone new and meaningful will be in rural Georgia.
A long answer, sorry. Short answer : Probably not.
WTM - If History is an indicator ... LOOK OUT BELOW.
Seriously, if there is good news and Hype, there will be a short-lived rally, because there needs to be MAJOR news to reverse this Down Trend.
I am also very disappointed in the Agenda / Program ... pretty light, when PLUG's future is pretty dark. PLUG really needs to be addressing some of their Company Killing issues.
And if they don't have Georgia fully operational for the Symposium .... LOOK OUT BELOW !
Preety had better change the name from "Hydrogen is Easy".
As for how the Symposium affects my portfolio, that is none of your business.
Are there any BIG WINS for Frames lately ?
Any BIG WINS for Joule, lately ?
Any BIG WINS for PLUG, lately ?
Uh, Oh.
Steve - I feel for those who have lost investing in PLUG; especially those who bought at $65 ! And I disagree with Jeff, I don't relish anyone's loss.
Hopefully most longs took advantage on the ride up to $75 to book profits , before the Free Fall.
And yes, I have a pretty good batting average in spite what jammy and others might say.
I am here to inform and make money, this is not a popularity contest.
We better get some good news soon, otherwise December will be brutal. Good luck Steve, et al.
I would rather be RIGHT than Liked .
Sub - All we need are some good announcements and a good Symposium and you are golden.
Good luck.
Who Said ?
LOOK OUT BELOW !
That was almost $2.00 ago.
B_B - Thank you for the Form-4 Notices.
CLASSIC ! The boys are giving each other bonuses and diluting the long suffering shareholders at the same time !
What great timing and optics !
mik - Excellent Question. If you sell now your loss is only to $6.00. If you wait until December your loss could be all the way to $3.00 or lower.
Unless you are going to take the $6.00 and put it into a real investment today (something I DO Recommend) , then let it ride unless you have something better to do with the $6.00.
mik - You are a bit late to the party. But if you are long, I would recommend waiting and sell in December for the tax losses.
And just to be clear. I did not tell anyone to sell, except when Andy sold, and the secondary. Those were clear SELL signals.
How can a guy who lives in Vancouver, BC know more about what is happening in Latham, NY, than the CEO ?
And I don't even work there?
You have all been warned and informed since $70.
$3.00's before $10.00's.
From another Board in Answer to Kong Strong's question on how to stop the bleeding:
I am sorry for your situation, you were certainly warned that this was a strong possible outcome.
In order to arrest the Free Fall and Reverse the Trend, a MAJOR positive catalyst must happen in October, otherwise PLUG = $3.00 EOY.
I can think of only one positive catalyst that would drive PLUG back to the $20's.
Andy , Paul, Sanjay and Jose must go ! That will immediately DOUBLE the share price.
Hiring a Bob Lutz-type CEO and his team, would get PLUG to $20 by year end.
Just one BIG Problem..... No Bob Lutz would ever work in Latham, NY. , so think a corporate HQ move. CAT has done it, PLUG better or 2024 will be ugly(er).
B_B - Old News, Posted weeks ago. But I love the Irony :
" Making Hydrogen Easy" Talk about NAIVE !
I love irony.
There are only 2 sessions that are worth anything.
WTM - Here is an interesting read along with my comments:
Plug Power (NASDAQ:PLUG) -4.4% in Tuesday's trading, on track for its lowest closing price since June 2020, with Cowen analysts detecting a jump in short seller interest for Plug and other electric vehicle and alternative energy stocks in recent weeks.
Short seller interest in Plug Power (PLUG) rose 2.2% from late August to mid-September, the third largest increase, behind only a 4.8% jump in short interest for electric pickup truck maker Nikola (NKLA) and a 3.7% increase in shares of electric delivery van maker Workhorse (WKHS).
Plug (PLUG) and other alternative energy shares fell sharply on Monday, as investor sentiment was hit by high interest rates that have caused surging financing costs for growing companies that are still losing money.
Plug (PLUG) lost $236M, or $0.40/share, in its most recent quarter, on revenue of $260M, up from $151M a year earlier, but operating losses have been rising along with revenue rather than narrowing.
Truist Securities also lowered its price target for Plug (PLUG) to $8 from $9 while maintaining a Hold rating, as the company "remains a 'show me' story," particularly after it pushed away from its hydrogen production targets.
Some solar and alternative energy stocks - but not all - are adding to Monday's sharp declines: (RUN) -6.2%, (BE) -5.6%, (NOVA) -3.8%, (FSLR) -3.2%, (SPWR) -3.2%, (ENPH) -3%.
Jack : From $75 to $6.50, the Shorts have already made a killing.
The only positives to worry about are some Gov't Handouts, but if these are delayed, there is still room below these levels, as low as $3.00's. by year end.
Had the Gov't closed, shorting would have been a cinch, but now caution is necessary.
Jeff : absolute scam of a stock. Glad to see so many idiots gettting crushed in this
Here is an interesting read along with my comments:
https://seekingalpha.com/news/4017885-plug-power-poised-for-lowest-close-in-three-plus-years-attracts-short-interest?mailingid=32913606&messageid=2900&serial=32913606.4574&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha&utm_term=32913606.4574
B_B - A short squeeze is Not really possible. As you have regularly posted, Short Interest has been steadily growing, but only a small fraction of the cumulative short interest is anywhere close to today's numbers.. Shorts sell high, and Under $8.00 is NOT High. So most shorts have made their money and are just staying on for the ride. The trend (DOWN) is our friend.
PLUG has fallen from $75 to $6.50; a greater than 10-X drop in the share value and exactly 10-X from the last Secondary... There is a lot of selling going on, smart sellers are selling into the rallies, which is why EVERY RALLY has faded in the past 2 to 3 years. Therefore Shorts have little downside risk.
Now the kicker. PLUG is DOWN 65% on the Year. This means Tax Loss Selling, unless we see a substantial rally in October. At today's levels, the end of year selling will be epic.
Now the BAD kicker: When tax loss selling LONGS actually want to share price to go down in order to maximize the losses. Which is why Tax loss selling is so notorious.
Short Interest is a great indicator for PLUG.
Every time there is a spike in Short Interest , the share price drops.
Banger - I thought hydrogen day is in August (10/8) ?
B_B - Your Best Case Scenario didn't last very long.
Will we go into the Super-Duper Symposium with NO Georgia; NO DOE $$$'s; NO HUBS ?
We will get killed if this happens. $3.00's?
Meh.
WTM - Not excitement.. Alarm and caution.
And I miss Chrispy. He made me look Smart(er).
Look out below !