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.
Sadly, I do not think these fools have any idea on the impact to the consumers with increased inflation or just don't care. Lower paid, middle class and retirees will suffer with lower standards of living. When you force technology that does not lower cost on people you create all sorts of problems.
Yes, but do we want to once again deal from weakness and give away the store like we did with Amazon and Walmart? That just allows us to stay alive a bit longer and push out being profitable. A complete redo would be terrible for us small investors but might work out better for the company in the long run assuming they just need cash to complete the plans they have, and they will be priced to make us profitable. If not, it really does not matter what we do as the end story will be the same.
With all of Andy's, 'friends' in NY and in Congress the Progressives would basically kill the HUBS if 45V is not amended and if PLUG does not get the DOE loan that would be a knife in the heart and put Plug in a corner. They would be forced to spend out all the shares to B. Riley to survive and then be faced with limited options like a reverse split and then major share issue, a sale of the company at a discounted price or bankruptcy and hoping for a restart. I doubt they get denied the loan, but a delay could also hurt the stock price and that maybe what the shorts are betting on.
Less than 2 weeks to my #7 marathon. This one will be a fast one at Mt. Charleston north of Las Vegas. Hoping to finally qualify for Boston and get in before I fall apart.
I don't think they care about anything but being the best and dominating the world. Easier to do when people are controlled and not allowed freedom.
Maybe Plug should be making contracts with major trucking companies to produce green hydrogen at their terminals? That would be a great market for us.
I thought these stationary products produced their own hydrogen onsite. I also heard with the new Nvidia chips coming out they use 25% less power and will be sold to data centers. Of course, AI will demand much more power as it expands.
Did we not hear the same thing from Microsoft like 3 years ago and nothing ever happened despite us making prototypes for them. Not saying it did not help push the technology, but what of the 1 trillion-dollar market have we captured?
If I remember Andy said green hydrogen was easy and now it is hard? What is it Andy?
He actually said character matters. Is that not a bit hypocritical coming from the man that a few times now said they did not need to sell shares and dilute us and at the same time did? There are numerous examples of him promising things and never delivering and just making plain misstatements.
ATLANTA, March 18, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announces an order from Element Resources Inc (“Element”) for its Lancaster Clean Energy Center (LCEC), a major renewable green hydrogen production facility located in the City of Lancaster, California.
At the LCEC, Element will produce over 20,000 tons of renewable green hydrogen annually through its first phase, making it one of the largest green hydrogen projects in the state. The LCEC, which is targeted to begin commercial operations in 2026, will operate off-grid, using dedicated photo voltaic (PV) solar to power Element’s electrolyzers to produce zero-emission, renewable hydrogen. The increased hydrogen production capacity will serve the growing demand for clean mobility fuels as well as clean energy for manufacturing.
Element Resources is purchasing hydrogen liquefaction plants from Chart, utilizing Chart’s hydrogen refrigeration technology, cold box design, and the associated rotating equipment. This order above includes Chart’s supply of the hydrogen liquefaction system, liquid hydrogen storage tanks, and trailer loadout bays as well as liquid hydrogen transports and ISO Containers. Hydrogen compression for storage, distribution and heavy duty fueling is also included in this order.
“Element is pleased to have reached an agreement with Chart Industries for the hydrogen handling equipment and systems downstream of the electrolyzers through loading for distribution, we are pleased to have a supplier that designs, engineers and builds in-house essentially all of the hydrogen liquefaction, storage and handling equipment which significantly simplifies the procurement, construction and operation of the plant and facilities,” stated Steve Meheen, Element Resources CEO.
“We are proud to be a partner to Element Resources as they execute on their strategic global buildout in the hydrogen industry,” stated Jill Evanko, Chart’s CEO and President. “Chart’s complete suite of hydrogen offerings is helping Element Resources drive the energy transition forward.”
Forward Looking Statements
Certain statements made in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the Company’s business plans, products and technology. future orders and customer requirements, business trends, and other information that is not historical in nature. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “could,” “expects,” “anticipates,” “believes,” “projects,” “forecasts,” “outlook,” “guidance,” “continue,” or the negative of such terms or comparable terminology.
Sorry, the woman is a fool. The reason to produce LNG was to offset the cost to Europe after we blew up the Russian pipeline and supply them and hurt Russia. What has changed? After billions in investments, they just delay them. How can any company plan with the whims of politicians change daily? Same with the games the IRS is playing with the IRA bill. Allow things to progress as intended
Paul, who cares if it is not your desire and hope if you are actually doing what you said you would not do. If you had so many deals out there, why did you do this B. Riley deal in the first plac?. This is a terrible deal for long term shareholders and looks more like a desperation play because no one else would take the deal.
Worst case is looking more probable daily. If you planned or knew things would get better, would you be buying shares here if you were in management? If you knew a reverse split would occur in 12-24 months, would you? If Green H2 makes it then there will be strong demand and an insatiable need for cash. The are not selling billions of dollars of shares at $2-$4. They will do a reverse and then do it at $30-$40. Seen this play out this way in the past. They will just adjust their stock options. We cannot just adjust our shares.
Is it a coincidence that shorts are covering as the ATM is rolling out? I wonder if B. Riley is shorting Plug while dumping shares or do they have to hold the shares and are they allowed to own puts? It would be convenient for them and typical that shares get unloaded on retail. I suspect after all the shares are unloaded and the DOE loan gets done the Reverse Split the stock to get it to $30-$40 a share before the next offering. It would be like setting the clock back and having a redo. What do you all think?
Come on Andy where's that short squeeze. Seems nothing will bail us out down under. EV45 is questionable and the DOE loan who knows. It is all just a small bump back even if it happens. Getting really tired of this and close to the end of my rope hoping they get their act together, Should have sold so many times and there were so many signs I should never have ignored.
Of course, there is. You talk like it is the end of the world if something is not done. There are other options and new technologies out there and to come. We can also stay the status quo and survive as we have. The Earth is not ending anything soon unless we nuke ourselves out of existence.
This is interesting but a private company producing energy at $50 per megawatt hour and it is clean. Just got an Airforce contract and the technology works and is being replicated. https://www.msn.com/en-us/news/technology/air-force-partners-with-startup-to-tap-virtually-limitless-power-source-as-close-to-the-holy-grail-as-you-can-get/ar-BB1jEZyn?ocid=msedgntp&cvid=ce45102a0ef2454b94545e5b6098c1c5&ei=13
They always stated it was 2\3 less than they bought it for so it would seem, if they are being honest, that it should drastically reduce cost. Of course, they said the high csot of gas, now down under $2 was a cause before. So, who knows what the reasons really the reality with Plug and what Andy and Paul are say. I mean every couple of years they would say they reduced the cost of FC's by 50% and should be BE and that never happened either.
How can they still be losing money in their largest segment when they raise prices, Nat. gas under $2, Green h2 66% less and replacing nat. gas, raising the prices to customers and by now certainly economies of scale thus lowering the cost or production and better quality. Just how much underpriced were they to not make any money on a segment they controlled and are leaders? Makes no sense.
So, if they cut 70% off the top that leaves 540 million. How much will price increases, head count cut and the sales of green H2 cut off this 540 million is now the question. Also, will the 70% reduction really happen or will that be over time?
So about 33.5 million dollars. Not a huge investment, but sizable.
Looks like the market tide is taken all ships up. Thank you Nvidia. Maybe this forces some covering of borrowed shorts that got in the kill PLUG game late. It will take a lot more to move them all.
Jack, I don't find much we agree on and your negative 'More Bad News" gets tiring, but I agree with this one. We have to now prove we can do what we say until Andy does that it is a wait and see game. The proof is in the pudding as they say.
Seems Green H2 is not so easy after all if it takes until 2Q to get Ga. to 15ppd.
Hope we get a piece of that action. Now if the IRS would just go with the original IRA or compromise in our favor then we would be in better shape.
I do wonder if Andy's last move of saying we do not intend the use the ATM while doing it and the comment on a stock squeeze is just not an excuse for a class action lawsuit that would allow him to bankrupt the company and to start over again? I mean why would anyone do such stupid things unless he feels that being a savior of the world from pollution allows him to do whatever he wants to accomplish his goals including lying, deceit and securities fraud. He must have a melomaniac complex or something.
After Andy told us we were not using the ATM. I would call that a blatant lie to shareholders. I can almost guarantee that B. Riley is dumping and shorting at the same time and Andy does not care as long as he gets his money. He definitely should be sued for lying to us all once again. I don't think a disclosure statement should cover this one!
https://www.msn.com/en-us/money/markets/gold-hydrogen-a-near-limitless-supply-of-clean-fuel/ar-BB1izTCU?ocid=msedgntp&cvid=6eed0e75542c45428ad1584aff194f7f&ei=193
Seems that the Honda\GM combo is playing in our space
Jack, they said constructing start in 2024 and completed in 2025. The rest of the details, as usual are vague.
Funny, Ford just announced huge EV cuts. https://www.cnbc.com/2023/10/26/ford-will-postpone-about-12-billion-in-ev-investment.html#:~:text=Ford%20Motor%20said%20Thursday%20that%20many%20customers%20in,in%20planned%20spending%20on%20new%20EV%20manufacturing%20capacity.
So, either they have something up their sleeves or it is someone else.
Manchin announced he will not run for President. Does this possibly mean he traded not running for 45V to revert back to its origins? Now that would be sweet.
So, did we have any business with them or was this just an investment and they took a loss and got out of PLUG. No sure I am getting the whole picture. Did they switch to Nucera as their provided and dump Plug. No sure what is being implied?
Now let's hope they actually do it as it is a very long time coming and a step in the right direction to getting the DOE loan.
That set us off for a huge run, but that would be giving the store away on the cheap and dilute ownership would it not? That should have been the sign to sell before the accounting blunder since the offering was so much below the going price back then. Who ever thought we would blow through their $29 a share to where we are now. We also thought their board membership would help, but that also proved false.
Yes, because Andy has never let us down nor has he pumped the company and never delivered. He's never restated earnings an a few weeks later missed. He's never said they did not need money and the next day done a huge offering. He's never promised 10 pedestal customers and not delivered them all. Need I go on? His track record stinks, and we all know it, but we should trust him now? Why? When the shorts have been right time after time for the past few years why do you think we just had a huge increase despite the price? Come on use some logic.
So, was Andy lying when he said all the financing for the plants was basically done? Now they are dependent of the DOE loan? I really do not know what to believe with him.
It is sad when people lose jobs. I do not know anything about the company, but if you just build fuel cells that could be an issue as they become a commodity and unless you can mass produce then it makes it hard to compete.
Yes, but remember they did that about a year ago and still missed the lower numbers. Do you think he actually learned from the past? Now that would be novel for Andy and Paul.
In other words, we are not ready for prime time nor competitive without massive subsidies. Looks like this one is unlikely to be anything but a drain on cash flow and will maybe pay off by 2030, but a long shot at that.