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I never said they pre=released anything. But in this world stocks, good and bad numbers are usually known prior to coming out. And if so, people will buy or sell based on that knowledge. I have been putting this out for years now and lo and behold, I have been always right. The shock will be went they actually meet or beat numbers enough for people to buy. You will notice the run up last week or so when everyone thought they would give great guidance. Well you thought they did, but no one else did and the stock went down AGAIN.
As usual the price is not going up prior to earnings. If they were good, someone would know and be buying beforehand, but they are not. Either they missed or the numbers are not good enough to drive pps upwards.
A person whose name I don't recall was on CNN last night. He was a former adviser to Trump before the election. He was asked if subsidies should remain for green technology. He replied no and that went for oil and gas subsidies as well. I would not bet on the credit being reinstated, especially if senator Shumer sponsors it. He is spending way too much time saying why he won't work with the republicans.
Thanks for your reply, I thought you had posted that their losses were 50 million a quarter.
UK, is their fixed costs a loss of $50 million per quarter or per year? Also, is the report due the 23rd or he 24th?
My bad on the first total, but UK was referring to 500 million a year.
UK, you mentioned that if they make 500 million in revenues and generate lets say give you %15 profit. That will generate 45 million in profit. But you also said they have a loss of 50 million per quarter. That equals 200 million in loss for the year. If they only make 45 million in a great year, they are still losing 155 million.
What am I missing?
That second link is an interesting link. Goes out on a limb and gives specific dates and actions. The 20th should be telling if he really has those sources and they are true.
Very impressive volume. Question for those who might know. If there was a short percentage of say 30%, how much of that would equate in relation to the float? I don't know what the actual float is. TIA.
They're going to dump, it's just a matter of time. They are running short of funds and if the legislation does not extend, they will not reach profit next year no matter what they say.
This isn't difficult. If you have a loss for the year and most Plug holders do, then to take that loss you must sell and then stay out of the stock for at least 30 days to claim that loss. It's call the 'wash rule'. If you don't, then the loss will be denied. I don't know why I was deleted last time I brought this up.
Tax loss season is upon us. Most stocks have had a profit this year but of course, not PLUG. If you want to take the loss for this year and still try to make money with PLUG, you need to sell and stay out of the stock for 30 days, otherwise you will fall into the "wash rule" problem. If you don't know what that is, google it. This stock will more then likely not do anything till next year. So sell now, wait at least 30 days, then buy back in and hopefully profit from PLUG in the future. Maybe the distant future, but who knows.
Not to bust any balls here, but didn't they have an MOI with a Korean company a few years back that went nowhere? That's probably why the pps did not move much.
Looks like bad news coming. As always, news leaks out, either good or bad. The last few quarters have all been bad for the pps. and no new good news came out prior. May be wrong, but been right the last six million quarters. Only wish I was not stuck and had shorted this pig long ago.
There you go. I think the increase is primarily you and your followers. Now that you have sold, it stopped and if you complete selling the rest along with your followers, back down we go. Not knocking you, good trade, but I think that is the reason we went up and nothing else.
You know as well as other long time longs here that Andy has forecast profits for years. Now you and he are saying 2016. But, BUT, Andy has now put a qualifier there. Now he says IF the Congress repasses that bill to allow those credits. He did not say that before making his 2016 profit prediction. Nor did he in the past. It's a wonder any analyst pays any attention to him now. The best thing to happen to this stock is for him to step down as CEO, quit making predictions and start making a profit.
You know that is not true and most people who have been here long know also. Not only that, they miss their projections as far as loss almost every quarater. Why is it then that the pps goes down every quarter, even though they are increasing their revenue? They show growth is increasing nicely and yet the pps goes down. You and assn can defend and pump all you want, but it is not working.
Oh please, the real reason is the the lies told by Andy Marsh. Always promising profit but never delivering. If he had just been silent we would be much higher. But now the only way for a sustained increase in premium is to show a profit. The only reason this is going higher now is a trader and his followers have jumped in along with regulars here buying more. When they dump, which they will, it will go back down.
You need to quit apologizing for him. He makes a prediction that is solid and then, OH wait a minute, things have changed, then change that prediction to a later future. He's done it time and time again.
That explains the little bounce here. Short term traders see a little upswing and want to make a trade. Great, but they will not be here long and will bail as soon as they see their price target. They will be out waaayyy before 1.65. So, don't expect this to stay up. Until Plug starts showing a profit and quit lying about when that will happen, this is a dead stock.
Were they not supposed to be cash flow positive in 2014 and then 2015 and then at the end of this year? Now it's out to 2017. He lies almost as much as Hillary.
Keep telling yourself that, but the proof is in the pudding you might say. Good news, especially great news, always comes our, first in volume and then price before earnings. Insiders cannot help themselves.
Looks like they miss again. If they were going to beat, the volume and price would be moving up, it's not.
Doesn't look good for good news tomorrow. Volume proceeds price and there is no volume here. If there was good news someone would know and they or those they know would be buying. It's been this way for a long while. Too bad.
Hate to say this, but I think we are going to miss again for two reasons. One, no one believes Andy, as he has always over promised and under delivered. Two, someone knows already and has leaked out the results, which again are not what was projected.
I hope I am wrong, but Andy ALWAYS misses.
Thanks for your reply. But Joe Blow dealer did not have to have their own finance company to do the deal did they? I thought they just sold or leased the car to a client and then they did a search for a company to take the loan or lease. Did Plug have to become a finance company to complete a deal to then sell to Fairchild?
Forgive my ignorance, but is Fairchild capital the same as Plug Power Capital?
Short! No, which I had shorted. But no, upside down like most here. Just tired of hearing the "it's going to the moon" when it has only gone south. You and Asnap have begun to sound like Andy. Always promising or saying something is going to happen and it doesn't. Now the only thing that will move this stock is beating the numbers.
Saying they will meet $100 million is probably a kiss of death. They have never met their projections. Also, they were supposed to be breakeven a few years ago. Oops. The proof is in the numbers. If we meet or beat, then we start to go, if not, down periscope.
Ummm, no they did't. That is just an end of the day posting by MM's for stock that was sold or bought during the day.
Like to know who deleted your post. Nazis.
Wow, the markets like a yo yo. Anybody buying stocks at this time are crazy. Bet a lot got sucked in when the market recovered from the 1000 point drop. Oops.
You have been pumping this stock for years now and all it does is go down. You have no credibility. It will go up when Andy quits missing his projections. But don't hold your breathe.
You guys still buying the cheapies here?
Jose, you are blind. You have fallen in love with a stock, which is a grevious sin in investing. They missed, as always and their figure of $100 is now suspect, as it should be. I will be very surprised if the pps does anything until major news hits.
I took out a leap to Jan 16 a year and a half ago believing in Andy's projections, oops.
I am not talking about his ability to run the company. I am referring to his ability to raise the pps, which as a CEO, is one of his primary responsibilies. I agree that the future looks great, but the future looked great two years ago and the pps has tanked from there. I also am not short or I wouldn't have stated that I was underwater.
Better yet, you tell me. Where did the analysts get their information that Plug would do $25 million for the quarter? Obviously, they got that information from someone or somewhere. And when Plug missed, again, the stock plunged, again. You really should do some research of Andy's past. I would love to be out of this stock, but I believed Andy in the past, numerous times and I am way under.
You're kidding, right? If you don't know his past you should not be investing here.
UK,please. What matters is what investors hear. And they believe that Andy has over promised and under delivered, AGAIN. All one needs to know is what the stock price is before earnings and what it is after. You can rationalize all you want, but the proof is in the pps...down. Bookings mean nothing, so us the money, or shut the heck up.
People who want to short other stocks should hire Andy, guarantee to come through.