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I think the fact that someone is ready to provide $100 mn to Plug speaks volumes about the confidence that they have in the viability and future potential of Plug's business.
Hopefully the terms are good.
That sucks. The way it traded between 2.39 and 2.41 through out the Day.
These leeches just won't let this alone.
Completely disappointed by the SP and movement today.
If this was so important a PR, why give half baked news. They should have added more stuff to the PR.
Should have been closer to $3.00 today.
If Plug has orders in hand for the new engine, they could have elaborated a bit more in the PR without actually naming the customer.
Would have helped.
No doubt, but it still pisses me to see the price being held down. Should have stayed above the high of 2.54 with this news.
Completely agree. Still being forced down. The #*%^ shorts .
Surprising why my Ameritrade account shows just 3.5 million trade volume. Hmm!!!
I think Tesla gets an advantage as it is a consumer product and hence has a more popular brand image.
Plug on the other hand has more of industrial applications. Maybe the EV sector can change that for Plug.
Surprised by the Luke warm response from the market to the news this morning.
We seem to have lost all the fizz. Back to Andy's old ways. Silence till the next QR.
When will he make some of those announcements.
Volume seems to have tapered down.
Time for a PR now.
Came across this analysis.
https://nysenasdaqnews.com/2019/03/25/stock-at-key-inflection-points-plug-power-inc-nasdaq-plug/
Just some profit taking no doubt. Will go up in the coming weeks with some announcements.
Do you think it is worth picking up a few shares at these levels ?
Hope it is good one that can take this forward and sustain the price.
High time.
Post Market $2.44 !!!! Yeh.
I hope Plug is able to sustain this rise and keep moving up.
Way to go. Time for you to replenish your stock of M&Ms ??
Crossed 2.10 already. What is cooking? Happy to see this for once.
Now for some mouth watering PR.
What will drive it over the next few weeks. We need some PR from Andy.
The euphoria over the results is over. I hope Plug is able to sustain this price level.
Another Andy special. Unless he learns to deliver what the market expects or at least shut his trap, this will continue to be the scene quarter on quarter.
Increased revenues mean nothing if he can't get costs down rapidly. Also, there is no point in hinting at four new customers if he is not in a position to announce them.
All other positives are washed down by these factors.
Couldn't agree with you more. Have seen too many of these up and down swings. If it is truly doing well, it should be able to sustain this rise in price. Often this goes up for no reason and goes down for none either.
Gives me a feeling that it is simply manipulated around results time. The shorts end up making more money than us longs.
No major announcements till date. EBITDA BE may be factored in already.
Interesting article on impact of cold weather on the range of battery based EVs. Tested by AAA. The reduction in range is significant.
https://www.cnbc.com/amp/2019/02/06/aaa-confirms-what-tesla-bmw-nissan-ev-owners-suspected-of-cold-weather.html
BDW. Do you truly think Plug will hit $10 anytime soon.
If you read the article on Roth's upgrade to neutral today, one of the concerns is that both Walmart and Amazon are dilutive deals. Hence even if we get the revenue from these two, the warrants will lead to dilution.
Wonder if we will see an increase in the pps.
Agree with you. All his calls and public appearances have not helped the stock. In fact they have a negative effect.
All his answers will be simply vague, dishing out stuff that we already know.
Come on UK. Surely he makes a lot more to afford more than 30k worth of buy over a year.
If not, he should not make those loud statements. This only shows his lack of confidence in the stock.
All this is like a Pie in the Sky. Not convincing enough for the market.
I love the technology but I fail to understand why despite have a head start and leadership position in this industry, Plug is not able to impress the market. A clear lack of marketing efforts.
If a single tie-up with Walmart back in the day could trigger a rise to $12, why not now after so many partnerships.
Well if he is so upbeat about the company's performance, he should pump in his money into buying a big chunk.
I am not so concerned about the disclosures. Maybe he has a reason for that.
However at least on the EBITDA portion he should have been more certain. He still sounds iffy. 4th qtr 2018 seems to have now changed from +ve to break even.
He did make that claim about buying from the market after the call.
I agree with Jack on this UK.
Come on. I am sure that even you expected more than what we got based on the hype created by Andy around the call.
Maybe he held back some of the stuff so that he can buy his shares at a lower price.
Do you think that is possible. How many shares is he going to buy from the market.
One always thinks that this will be the one time when Andy will deliver and he screws you up surely
Nothing of that will happen out here. We longs will be the suckers.
A typical Andy show. Set high expectations and then disappoint. Has been the story forever.
He is a joke.
Guarantees will not work at least for now. Market would like to see some good numbers to believe Andy.
Only promises of a bright future will not help. I hope the financials are also good.
Are you suggesting that you would be happy with one if it happens. I would rather have my share price double or more without one.
Yep. $12 is more like it. Should have picked up some this morning at $1.07
????????. Merry Christmas and Happy Holidays. Hope the new year brings us reasons to rejoice with Plug proving the market wrong.
Hope it goes back to double digits
Cheers!!!!
Yeah BDW. Had I known that it would fall this low, I would have waited to pick all up at this price. Instead I ended up buying all the way down at 1.8, 1.7, 1.5 and 1.35. No more spare funds to buy more.
Only hope that Jan 9 gets us to where we should be.
https://www.plugpower.com/category/blog/
Read the blogs at the link above.
The only hope is the blog posted by Andy today. He seems to be confident of projecting a good picture on the 9th of Jan and also talks of buying shares after the 9th.
Hope we can survive till then .