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.
If you buy today, you will lose 30% !
Great advice !
Goldie - NEW ALL-TIME LOWS !
Goldie - FALSE HOPE.
No Goldie. Why not wait until after the BAD NEWS?
June is going to drop another 30% !
Yes. I bought HYZN shares to cover my Short position and take profits.
Bob - Have you ever noticed that recently whenever Andy addresses the shareholders, PLUG 's share price tanks?
Why would anyone buy now?
We all know there is more Bad News coming including a restatement.
it's crazy to buy now.
Banger - I just attended the global hydrogen conference. Not one country is mandating 20% hydrogen in any pipelines.
Anything this 50 Cent Mess does is a joke and any "collaboration" is a merger of Weakwals.
Not every Science Fair Project becomes a real company.
I can't wait to see the restatement, speaking of jokes.
WTM - Nothing Burger.
Biggest complaint at last week's global hydrogen conference...
Where's the new demand? 98+% of hydrogen is going to the same historic customers for the same uses.
Primarily petrochemicals
Goldie - ln my thesaurus, collaboration, partnership, merger, cooperation are all listed together.
Steve - Until there is a major positive catalyst, PLUG will trend down.
I don't see Any support, so below $5.00 is a given without a catalyst.
Here you are Goldie:
At #ACTExpo, we met with @realThomasHealy of @Hyliion. Our collaboration for a new heavy-duty fuel cell vehicle is underway! ??Hyzon's fuel cells & Hyliion's powertrain aim for a #zeroemissions future in trucking. Prototype expected Q4 2023! pic.twitter.com/tFdVKbQPsX
— Hyzon Motors (@hyzonmotors) May 16, 2023
HYZN + HYLN ! A merger of Weakwals !
Fuzzy, True. But what do we do with the surplus / excess that we produce which is much more than industry can consume?
Release it into the atmosphere and let the trees eat it in photosynthesis ? Stick it underground ?
Carbonate the oceans?
Steve - Every PLUG rally fades to new LOWS within days.
PUMP AND DUMP.
NEW ALL-TIME LOWS !
Still NOT in Compliance.
What a great investment.
Pluggers are starved for news ... any news. And there is always an over-reaction.
Today's rally is no different. And please note that EVERY PLUG Rally in the last two years has faded within days to even lower LOWS.
Here is an interesting Read on PLUG.
https://seekingalpha.com/article/4604444-plug-power-stock-q1-2023-earnings-new-multi-year-lows-cautious-outlook-hold
NEW ALL-TIME LOWS !
I don't think the market believes that yet Another extension is a Positive.
How low will we go when the market sees the Restatement?
Banger - Was I Right ?
If we hit $7.50 , we are 1/10th of our recent $75 highs. Today?
Nailed IT !
If we hit $7.50 , we are 1/10th of our recent $75 highs. Today?
mareen - NO !
The Restatement will be BAD NEWS.
The share price will be hit , this is one reason why HYZN is in NO HURRY to file these numbers.
Why would anyone buy this stock knowing BAD NEWS is still coming.
UH OH ! MORE BAD NEWS ! HYZN Non-Compliant into June !
Another Extension. Please note; Nasdaq Extensions are not good news.
BC : Please note, not the end of May, but into June 2023.
WTM - Any interesting choice since some of Wirecard's management have been arrested for accounting irregularities .
Are we expecting a similar situation with our reporting irregularities ?
It's too bad that BE also announced a Convertible offering as well.
More, New Debt AND Dilution in one deal.
GREAT ! What Could go Wrong? Did anyone read his resume?
Did anyone do a Background Check?
https://en.wikipedia.org/wiki/Wirecard_scandal
Banger , Was I right ?
Going into PLUG's Earnings, here is/are a simplistic rule(s):
Here is a simplistic analysis which has worked for me for years with PLUG Earnings.
If the numbers are strong, PLUG will go UP.
If the numbers are BAD, PLUG will go DOWN
If the numbers are mixed, PLUG will go DOWN.
If the numbers are FLAT, PLUG will go DOWN.
Based on these historical FACTS, there is only a 1 in 4 probability that PLUG will go up. I will take 75% odds any day.
Banger - Was I Right ?
Please don't encourage anyone to BUY PLUG until after earnings.
There is a 70+% probability that PLUG could fall to the $5.00's, and only a 25% chance of reaching $10.00's (the other 5% is no change) as a result of earnings.
There are some very good reasons why SHORT Interest is climbing (20%) 100 million shares, we know the odds are in our favor.
So waiting to buy until after earnings has little downside.
Nice Convertible Weather!
Ouch
mik - Can you not find a better stock?
My recommendation is for you to go someplace else. Look for value, look for management. That's called investing.
PLUG is more like betting. If you want to gamble, go to Vegas. The odds are better than with PLUG.
That sounds more like:
If you don't know where you're going, any path will get you there.
Banger - When you factor in all of the costs associated with a Liquification Unit, most sites WON'T be producing both gaseous and Liquid. Less than 1 in 10 will be both.
Not only is HYZN NOT in Compliance, but the restatement will be BAD NEWS.
Going Down ?
Now $1.2-1.4 billion? I'm seeing analysts are lowering their estimates.
Recently, PLUG's own guidance has been less than accurate, especially the Long-Dated estimates. And they ALWAYS err on the High Side !
Everyone should be questioning PLUG's Guidance.
Steve - If they listened to the call, they won't be covering unless they are heading back to the Hamptons for the summer.
There will be some profit taking, but why not let the options run .
There is still no major positive catalyst to reverse the downward trend.
jammy - Good to know.
When ?
How high?
mik - Even funnier is that they both MISS their forecasts on the High Side.
Knowing this, and knowing the market, I usually discount PLUG's estimates from 10-20%.
This usually triggers a free-fall like today's
Banger - Everything we have been told about PLUG Green Hydrogen is NOT TRUE.
We both know about LNG, and you know that LNG is exponentially more difficult and complex compared to natural gas or even CNG.
HYDROGEN is 10 TIMES more complex than LNG. PLUG doesn't even know what they don't know about Liquid Hydrogen. All of this is expensive, an expensive education as well.