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.
I have to agree with Jack on that point. We need a dynamic younger leader with knowledge of the industry that can run a tight ship and worry more about the bottom line than the shotgun approach Andy has had. Andy could be put in an Advocate position or retired, but NO big buyout. He's already been paid too much.
Well, Andy Florida Power and light is doing it with Cummings, and I bet theirs actually opens up on time and is 25MW. Stopped bragging because you failed to produce liquid H2 on time!
You are correct we see it the same way. If you had a chance to view the guy from Ca. talking, he's the one that said that. All forms are subsidized in some way from oil and gas, wind and solar. nuclear. Making H2 subsidies just puts it on the same playing field and then let the market decide. Don't kill it before it starts or tie their hands.
Are you kidding me! These idiots delay much more, and it never happens, and they ruin an industry. Who the heck is paying these morons to delay is what I want to know.
I think he made a huge mistake the left leaning administration may not like. He had the audacity to say the free market is the best way to develop h2 just like wind and solar. They want complete control of everything and everybody because people are just too stupid to exist without their superior intellect.
I have two old fashioned cars that are paid for and having the newest status symbol and sign that I am better than you because I care about saving the planet is mostly garbage, in my opinion. Sure, I think that h2 cars would be great, but it will take time. EV cars and the cost to extract Lithium and make batteries and the cars is a creator or pollution because it takes Co2 to make and extract the end products of which most comes from China. While I like clean air and water in time we are getting there, but China and India are offsetting our gains. I think all these changes are good, but will take a long time, but we should have some common sense and base things in reality.
Like the issue with EV's the increase in H2 stations will come in time, but there has to be demand first and the supply will need to be available. Things will be markedly different in 10 years or so in my opinion.
Since the regs on the IRA and Hubs are to be announced I think this is the lull before the storm or at least hope it is. I expect billions in contracts from these two.
I live here and remember when they first built the plant. These additions were so delayed and the cost overruns insane and yet as always rate payers pay for it. Many times, they talked about just scrapping them, but somehow got continued funding by the PSC. Plug will have plenty of power for sure assuming they need it.
Funny, that management wants them to buy, but gifts themselves shares so they don't have to buy and won't buy in the open market. How about our great leader that can see into the future so well buy shares in the open market or does he not like what he sees?
So, where's mine and all of us that held during this same period? We are just ducked I guess?
More dilution just great. And still no open market buys from the big boys. I guess when you don't have the cash give away stock.
Plug has a lead but how long for? Hysata and GHPower have new lower cost ways to create green H2.
You did not mention what year? Just kidding. If you cannot laugh as a PLUG owner, you would always cry. Hope springs eternal!
Says, the biggest friend a short seller has ever had. Again, big talk. Let's see them actually back it up and not be so boastful. We have had enough of that from Andy and see where it has gotten us. How about being humble and contrite for the misery they have cast upon shareholders these last few years due to their poor guidance and stewardship. Setting expectations and then meeting them is more important than bragging and falling short every quarter. If Andy has not learned that simple fact by now he never will.
Who knows? The party in charge would prefer to take over banking or go completely digital dollars to track every penny and socially control you. The fewer banks the easier to control and the majors are testing the technology. Marching towards the new world order.
Understood, I went through this with him in the past. No one likes salt in open wounds, and he loves to pour it on. We can all learn from one another, even those we might disdain. Sadly, he's been right more than wrong these last few years and maybe I should have considered his viewpoint and not been down so much. I do wish Andy cared more about us small guys. At least, so far, he's not as bad as the AMC president. Those poor shareholders have been ruined.
Yep, impressed the analyst as much as most of us. Might I suggest we start talking about the proxy vote and all shareholders sending a message by voting NO to every person, entity and question. I know at 35% the little guys cannot win, but we sure as heck can send a strong message that we are tired of the status quo.
Jammy, if you want someone to blame look no further than Andy, Paul and Sanjay. They have over promised for years and failed. This is why us longs are suffering, and the shorts are pouring salt in our wounds. Be mad at them and not some posters that post what has been their opinion and sadly, mostly right.
Jammy- While those with different opinion can be irritating at times so can people cheering despite all evidence. You are new so have not seen this blunder as a pattern of delays and misses. Would you invite guest to a housewarming when all you have up is the frame and some sheetrock? Andy had plenty of time to either delay this until things were ready or not do it at all. Posters on boards don't do a bunch but I'm sure may sway some retail selling, but 50% is done in dark pools and many funds and brokerages. We barely move the stock. I believe we are at a critical point that in the next 12-18 months we turn the corner or fall flat on our face. All will depend on the DOE loan, the IRA and getting the Ga. plant issues taken care of. If Ga. is going to be a template for other plants, they better have their act together.
I guess we can expect more class action lawsuits after today. I wonder how many times Andy is allowed to use the disclaimer before he's just called a blatant liar or complete incompetent?
Well, Paul and Sanjay certainly have not shown they have their act together either. Maybe, an outsider that has run an energy company that is dynamic and has the shareholders interest at heart and not enriching himself. I would like someone humbler and not so taken with him or herself that is task oriented.
How dumb to have the analyst there and still not ready for prime time. So, they advertise how fast they put the plant up, but if you delay liquid H2 for 6 months from when it was supposed to start what good is it? They are moving the timeline to BE forward, yet again. So, now we will get blasted by analyst and brought down even more. Are Andy, Paul and Sanjay shorting Plug? Are they tanking the stock for a buyout and huge buyout? This is the same garbage over and over like when we warned on earnings and missed the restatement. Set a deadline, miss it and then another and still not ready. Does not matter, nothing will happen as long as the BOD puts up with the incompetence. I wonder if they canned Ole' because he told them and now they are finding out he was right?
This is us tomorrow-
I certainly do not trust Morgan Stanley. They used to have us over $60 years ago when they did the $2 billion dollar offering and look where we are now. Now they are calling the market to tank. Michael Bury has over a billion-dollar bet it will tank also by year end.
My problem is I cannot average down, and my BE is in the mid $40 range. Just frustrating is all. I would have been better off at this point not taking this risk, but at the time it did not look risky to me. Like many here you get caught up in a new tech that may or may not make it but should. Like life no guarantees. At least I have a good amount of life insurance.
Strange bed fellows for sure. Like always follow the money. Companies like people will do what is in their best interest. Going out on a limb and supposedly asked by clients to supply green H2 (like Amazon), put us at risk as first big movers. Bloom, being agnostic in regard to fuel, has no dog in the fight. Glad to see Amazon backing us since they pushed us and own a huge chunk of us. The smaller players want the tight rules to slow us down. Big oil and gas want time to catch up. Thing is with all the investment in the ground and jobs it would not only kill what has been done or in progress but slow down the whole industries growth for years. At worst we need to 2030 to get the technology fine-tuned and started before any hindrances are added.
So, what do you say to the video? Is the not right with being a bit skeptical? We need Ga. to start and prove that it can actually work at reducing our cost and showing improved profits. If it cannot then the model Andy developed even work?
No telling how much business we get out of this relationship once the gigafactory and Green H2 plant is built. This could be a huge market for us.
an hour + so can you summarize, and did he say anything about what we are interested in? How much of Hunters art must we buy? How much to the Big Guy? Did Schumer get another envelope from Andy?
Is it not amazing how things can get delayed before an election to make sure your side has another chance to make a sizable donation to make sure the bill gets passed in your favor. This while the FED helps the shorts demolish the market to polish off small investor and take down the market so the banks and brokerage can reload after their 50% gain.
Well, that is disappointing. Funny, how they want these projects in low-income areas. I guess windmills off the coast of rich areas would bring down property values and obstruct idyllic views.
Break even
I now take anything they say with a grain of salt. I also think their idea of BE is some bogus metric and not real BE. This quarter should have seen increases in revenue and decreases in cost. Just what were those onetime charges for and what will be the excuse next time? I feel we have been dragged along with big deals, pedestal customers and plant openings, BE for ages and nothing ever really changes. It is like living through Groundhog Day.
Thing is it has always been next quarter since what. 2014? I'm stuck and have to wait it out at this point and see if they ever get their act together, but how in the heck can you miss for like the last 3 years and not suffer and consequences to keeping your job? I'm getting old waiting for them to learn how to run a successful company. Andy has screwed loyal shareholders and made the shorts rich quarter after quarter. We hear the same BS every quarter and yet the losses continue to get larger despite record revenues. I'm sorry, but Andy and Paul have not learned a dam thing about managing expectations and transparency. They hid the GA. delay news like little kids that did something bad and were worried about being caught. When finally questioned they came clean. Now why could they just put 3-6 extra months into the schedule and finish on time or early or just tell everyone beforehand? I mean we kind of knew once they kept quiet past the due date. They instill no confidence from the street with how they run the company much less many shareholders current and new. I guess if they don't show progress the next 2 quarters they never will. I wonder what excuse they will have next time. Sorry to spout, but I'm frustrated beyond and feel betrayed, as a long-suffering shareholder.
Tell me where I slandered him! I posted facts and there's many more instances than I mentioned here. Him and Paul are the reasons for all the suits we have had. They may not stick because of catch all statements in a 10K, but they were based on facts. As a shareholder for 10 years, I have seen it all and there are many broken promises.
It happens all the time. Also, is not mentioning a MOU no longer exist, or we lost a contract a lie by omission? How about we will announce 2 500 MW deals in 90 days, or that the Ga. plant will be producing X amount 30 days ago, or we don't need cash and does a secondary for $2 billion the next day? While you can write off a few things as he was over enthusiastic, many were just lies. Sure, maybe the disclosure statement that things can change will cover your ass, but they are still lies. I'm thinking his attorneys have told him to let the numbers talk and not say anything and that is why he has not said much lately.