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IF
they can get ZTE to settle for 300MM + worldwide
maybe 4.00 PPS (after Nokia's cut)?
I saw 1.08 on the ask dropped back to .96
almost to $1 in after hours
What a freakin roller coaster today
ZTE events are upcoming too.
I hope we can get a boost off of those and get back over 1.00
So the Supreme Court will or could send this back to CAFC?
PPS is Climbing!!
Time to get out of these triple 0s.
Schwab shows .0013 too
Schwab is showing .0012
Now it is back to .0005
It must have just been those .0015 convertibles from Dec trading today.
Last trade was .0015
This is blowing up. 300% +
Somebody getting burned
Nobody talking ?
At this point, I would be better off taking over the majority of the company and running it with my own staff.
I would need to investigate the actual state of affairs: the assets, leases, permits, mill and liabilities. Hopefully, it isn't complete BS (especially the permits). At least It would save me the headache of trying to figure out what the current management team is doing (or not doing).
Once again almost nothing is trading at the low levels.
It is coming back up to .0010 now.
I hope the morning freak out over
But I sure could use some FLPC news
less than 500,000
$400
No one got any at .009
More BS
thank you for pointing out the bs that these guys are putting out there (and some are now backtracking).
This is like the same crap we had a year ago when people were saying PLUG has a billion in debt (when in reality PLUG has no debt).
Same crap ... there's no revenue growth
Sep14 19.9M
Jun14 17.3M
Mar14 5.6M
Revenues are growing.
Tons of Antimony!
Tesla -1.63 EPS (4quarters) 29x price to book
Amazon -.45 EPS (4quarters) 14x price to book
PLUG -.22 EPS (4quarters) 3.5x price to book
PLUG -.04 EPS last quarter...
Plenty of room to run
Amazon is -.45 EPS for the last 4 quarters.
Book value of $22 per share trading at $300 a share.
PLUG is -.22 last 4 quarters.
Book value of $1 per share and trading at $3.50.
It is worth more than 1.00 with the cash on hand, 0 debt, and a nearly break even balance sheet. More like 5.00. Depends on how much growth you think they will have the FC markets. I am not the only one pointing at 8.00.
Drop in PPS is irrational because of the fundamentals and growth potential. It is acting like the company lost a contract, not one that just gain a new $20 million contract in a new market to them (ReliOn acquisition) FC backup power for cell stations.
This drop is ignorant to fundamentals, but fundamentals and logic don't mean crap in the herd (although it may be manipulated shake out).
No biggie ... I am long and realistically expect 8+ PPS.
bingo!
China patent re-examination board invalidates Vringo patent
Why would anyone even publish this crap?
It is an obvious play by ZTE/China to divert attention from the decision by the UK high court to uphold VRNGs patent.
Damn Thieves!
I added more yesterday.
I really think the decline is tied to the decline of oil/gas prices which should not be tied to PLUG. Which is really macro market ignorance of thinking all green stocks go down as gas goes down.
What should be affected is hybrid, electric, cell auto manufactures, and battery manufactures, but PLUG's main market is replacing dirty, non-linear, long recharge time battery powered equipment with 0 emission, constant, quick refill cell power.
You could say that cell tower gas generators (which we just got a 20 million contract) could be affected, but my understanding is that these power stations are not being replaced due to gas prices, but for reliability mainly no one is going to steal the hydrogen like they would gas from a remote tower base. No gas = no backup power.
Maybe the semi refrigeration replacement would be affected but that is a small part of what PLUG does right now.
Replacing gas powered tugs at the airport might be affected, but I think only in part, because there is still motivation to replace the gas luggage tugs with 0 emission cells, so when they move in and out of interior luggage drops, they are not have all the gas exhausted trapped in the enclosed areas (health issues).
Plus, they have a patent portfolio, but I haven't research it to know if they are any key to implementing cell technology or if any would be valuable to the company in the future.
good point
I should have bought MARA at 5 when not one but several chances. I would have been a lot happier than what VRNG has given me (which is really what the stupid CAFC ruling gave me).
But, with the ZTE potential, I think getting into VRNG below .50 is a good bet.
Are you certain?
We went from .0015 to .0044 in two hours.
It can go from .0012 to .01 in a day.
Are you going to make a case to short this?
My case was that you would have huge downside potential of 500% 700% if you shorted this at its current level (arguably way undervalued already).
what's the word?
My powder is dry, but waiting for <.50 before I pull the trigger
Not that PLUG is anywhere near ready for this, but commercial cell power generators for businesses and whole-home cell units are very similar to the cell tower units that PLUG/Reli-On produce.
At $50K each only the commercial market can accommodate these at the moment.
But...
The acquisition of reli-on puts PLUG in a position to easily move into these markets in the future.
PLUG has no debt
$165M cash on hand
165 Million shares out
Verge of profitability
Markets worth billions
airport luggage handling
cell towers
distribution centers
box store lifts
semi refrigeration units
what valuation? 5x is paltry.
Based on the financials it should have never dropped below $5. New $20M contract and huge growth potential in multiple markets cell backup power, material handling, etc. $6.50 is a bargain.
This alternative-green power company does not make products that are an alternative to fossil fuels. It should not be tied to gas prices. It is an alternative to dirty battery power and in the cell backup power it is an alternative to gas generators that can be tampered with (fuel stolen) and other reliability issues.
When investors figure that out, 6.50 in the rear view.
shorting at .08 is not crazy. Because it is not going to jump from .08 to .40 in a blink and has plenty of room to fall for the short to make money.
Shorting at .0011 is nuts when it could go to .011 in a day. You could lose 200% while eating lunch.
time to get in ... going back where PPS should be --> 6.50+
You would have to be crazy to short this. The most you could make is 100% and they would have to go bankrupt for that to happen. Not likely anytime soon.
But, if this starts back up on any good news, it could move fast and you they could lose 500%, 1000%, 2000% ... in a blink ...
Like I said ... CRAZY!!!
If the Supremes do take it on, it will be a long road to get there. Even if the Supremes or an En Banc is granted, the one outstanding issue of the jury error of the decimal place probably will not get resolved (or not get resolved anytime soon).
I put the number in the 40s because where the previous over reaction took us - twice into the 60s.
I think it will fall of the cliff and I will be happy to buy back in anywhere under 50, because I think VRNG will ultimately prevail over ZTE and the PPS will return to 2s 3s or 4s.
Note: I would short the En Banc decision if I certain that ZTE storyline couldn't blow the PPS up in the mean time. That could really destroy a short.
I don't like it AND I think .90, .85, .45 are all too low for the appropriate PPS with the ZTE potential, but that is where we are heading and why I will not buy back in until the 40s.
But the odds that were in our favor are no longer.
we went from 2 out of 3 for appeal decision to
6 out of 8 for en banc
DONE ... I will buy back in when it is in the 40s and chase ZTE next year.
after hour pop up to .96
what's up with that?
Your PPS estimate doesn't take the 175M cash on hand into account. Even being below 4 is ridiculous based on the current revenues, growth, debt, and cash levels, but the market will do what the market wants.