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From Progressive Railroading: PLUG Power's ReliOn "Product of the Week"
http://www.progressiverailroading.com/productoftheweek/details/ReliOn-E200-fuel-cell-system--40174
Beat that drum. Go PLUG
Another more somewhat supportive write-up for us PLUGGERS.
By Michelle Jones April 17, 2015 01:54:19 PMI
http://www.valuewalk.com/2015/04/plug-power-slumps-despite-analyst-bullishness/
4/17/2015 Analysts at Dougherty & Co initiated coverage on shares of Plug Power (NASDAQ:PLUG) in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports. The firm set a "buy" rating and a $3.70 price target on the stock. Dougherty & Co's target price points to a potential upside of 36.03% from the company's current price.
PLUG is part of this venture. I don't recall that this was posted here.
March 30, 2015 - 7:26 AM
http://fuelcellsworks.com/news/2015/03/30/hydrogen-energy-air-liquide-supplies-an-fm-logistic-hub-hydrogen-charging-station-to-service-ten-forklifts/
Just got this in an email today.
The Plug POWERTrip is coming to six cities across the nation. A series of open-door meetings guarantee you face time with Plug Power management. We have a lot to talk about, and we want you there when it happens!
Stay tuned to learn why YOU should be on the Plug POWERTrip too!
Copyright © 2015 Plug Power, Inc, All rights reserved.
The Plug POWERTrip is coming to a city near you. We have a lot to talk about, and we want you there when it happens!
Quote of the day from Yahoo PLUG board. By "wind4me"
Dear 32 million SHORTS---Please Don t Read, you may puke your lunch!!! $PLUG mounting Gatling guns on Forklifts!!!!
Sam... you are a kind soul. It's showing up in your eyes. I see it from here. Go PLUG
Award Winner! Andy Marsh, Plug Power CEO, has been selected as a recipient of the “2015 Food Logistics Champions: Rock Stars of the Supply Chain” award -- which recognizes influential individuals whose achievements, hard work, vision, and leadership have shaped and attained milestones in safety, efficiency, productivity, and innovation throughout the global food supply chain.
http://www.foodlogistics.com/article/12053918/the-2015-food-logistics-champions-march-2015-food-logistics
"
PLUG Power (SHORTY Pay attention now.)
Signal Update
Our system’s recommendation today is to BUY. The BULLISH TWO RABBITS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 2.6400, and our valid average buying price stands now at 2.6550. The previous SHORT signal was issued on 03/11/2015, 19 days ago, when the stock price was 2.8450. Since then PLUG has fallen by -6.68%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.
SHORTY Pay attention now. You've been warned. Andy's gonna kick your collective arses. HAHAHA
Go PLUG it.
Briar
Thanks Jose, very informative.
Briar
'bagwa-john' Great find. Air Products refueling stations uses PLUG Power product in this equipment. See at link here:
www.airproducts.com/search.aspx?q=PLUG+Power
Truly a Gut-Busting deal here. This will sky-rocket PLUG going forward. The tie-in with AirLiquide and our partnership with HyPulsion and Axane is where the meat and taters are for us.
Go PLUG and SCREW the naysayers, I say.
Briar
Most recent that I know of and it's more recent than your 2013. These show Dec 2014 and as recent as Jan 2015
Top Institutional Holders
Holder
Shares
% Out
Value*
Reported
Vanguard Group, Inc. (The) 4,685,445 2.70 14,056,335 Dec 31, 2014
BlackRock Fund Advisors 4,099,293 2.36 12,297,879 Dec 31, 2014
BlackRock Institutional Trust Company, N.A. 3,256,690 1.88 9,770,070 Dec 31, 2014
State Street Corporation 2,486,054 1.43 7,458,162 Dec 31, 2014
Raging Capital Management, LLC 1,675,600 0.97 5,026,800 Dec 31, 2014
Northern Trust Corporation 1,646,130 0.95 4,938,390 Dec 31, 2014
Invesco Ltd. 1,217,577 0.70 3,652,731 Dec 31, 2014
Susquehanna International Group, LLP 890,489 0.51 2,671,467 Dec 31, 2014
Geode Capital Management, LLC 872,681 0.50 2,618,043 Dec 31, 2014
Citigroup Inc. 869,411 0.50 2,608,233 Dec 31, 2014
Top Mutual Fund Holders
Reported
iShares Russell 2000 ETF 2,706,125 1.56 7,225,353 Jan 31, 2015
Vanguard Total Stock Market Index Fund 2,609,608 1.50 7,828,824 Dec 31, 2014
Vanguard Extended Market Index Fund 1,410,716 0.81 4,232,148 Dec 31, 2014
iShares Russell 2000 Value ETF 1,199,800 0.69 3,203,466 Jan 31, 2015
PowerShares Exchange Traded Funds Tr-PwrShs Wilderhill Clean 1,035,353 0.60 2,764,392 Jan 31, 2015
College Retirement Equities Fund-Stock Account 598,779 0.35 2,748,395 Sep 30, 2014
Spartan Extended Market Index Fund 519,981 0.30 1,559,943 Dec 31, 2014
First Trust Nasdaq (R) Clean Edge (R) Green Energy Index Fun 261,513 0.15 1,200,344 Sep 30, 2014
Schwab Capital Trust-Small Cap Index Fund 245,100 0.14 1,154,421 Oct 31, 2014
Vanguard Institutional Index-Inst Total Stock Market Ind 180,037 0.10 540,111 Dec 31, 2014
"Nosebush" That is by far the best Seeking Alpha article I've seen written about PLUG Power. Thanks
PLUG is all over ....take a look at the company "Air Products."
http://www.airproducts.com/industries/foodbeverage/fishseafood/product-list/~/link.aspx?_id=9D8B26F6243346B794244007B950623B&_z=z
Never mind it is old? Has anyone else seen this before?
NASA to Commission Eight Plug Power Units.
Glenn Research Center in Cleveland, Ohio, will commission eight Plug Power GenSys® systems. The units will provide grid-connected power for portions of the lab facility for aerospace research and development. Projects carried out within the facility include testing of materials, coatings, seals and airfoils for space vehicles, as well as advanced technology development to improve aviation safety.
PLUG Power is in the top tier of this organization.
Fuel Cell & Hydrogen Energy Association
Link is :http://www.fchea.org/members/
"aassnnaapp" Took your hint and looked into The PROMAT 2015 info and found the below. Great plug for PLUG Power. Link follows:
www.promatshow.com/press/release.aspx?ref=attendees&id=4790
McCormick Place South | Chicago
March 23-26, 2015
Home
/ Attendees
/ News
/ Press Release
Press Release
PLUG POWER LAUNCHES NEW TURNKEY SOLUTION TO SMOOTH CUSTOMER TRANSITION TO HYDROGEN FUEL CELLS
Plug Power Inc.
‘GenKey’ Is Plug Power’s First All-Inclusive Offering and Incorporates Fuel Cells, Hydrogen Infrastructure, Maintenance Service
Plug Power Inc. (NASDAQ: PLUG), a leader in providing clean, reliable energy solutions, today announced GenKey, the first all-inclusive turnkey hydrogen solution for material handling sites, which has been added to the company’s arsenal of hydrogen fuel cell offerings centered on the GenDrive product suite.
GenKey is comprised of three separate elements: GenDrive fuel cell units, GenFuel hydrogen fuel and infrastructure, and GenCare maintenance service. Plug Power provides full integration and deployment of the entire GenKey package for customers to ensure seamless transition to hydrogen fuel cell-based power for material handling operations.
Moving to a hydrogen infrastructure can be misinterpreted as a complex process, involving multiple vendors and contracts and entailing a lot of internal knowledge and training. GenKey takes complexity out of the equation for the customer by delivering a complete range of services to dramatically simplify the entire process. It is designed so companies can choose any or all of the platform elements to simplify and suit their needs.
“GenKey allows us to increase our value-add for customers through building a comprehensive turnkey solution that streamlines the transition to a hydrogen infrastructure – we do all the hard work, so the customer can focus on the best use of its new-found productivity,” said Andy Marsh, CEO of Plug Power. “GenKey also transforms Plug Power’s strategic business model from a product-only model, to one with a recurring revenue stream that we expect will add more predictability to our bottom line.”
The industry leading GenDrive fuel cell product line provides a comprehensive product suite foundation for warehouse and distribution center lift trucks that are converted from battery to fuel cell power. The fuel cells are a drop-in replacement for lead-acid batteries, fitting precisely into existing compartments on all major OEM material handling equipment.
The new GenFuel component will provide customers with support for the design and construction of an onsite hydrogen fuel infrastructure, either with the retrofitting of an existing facility or via development at a brand new facility. GenFuel services include the design, procurement, commissioning and maintenance for all the components required to successfully dispense hydrogen without disruption to the customer’s operations. Plug Power will provide operator training and a constant supply of cost-efficient hydrogen that leverages Plug Power’s quantity buying power.
GenCare is an ongoing maintenance service for both the fuel cells and hydrogen infrastructure. It includes advanced system monitoring, preventive maintenance, periodic system enhancements, parts inventory logs, and rapid-response onsite service by GenCare technicians.
About Plug Power Inc.
The architects of modern fuel cell technology, Plug Power is revolutionizing the industry with cost-effective power solutions that increase productivity, lower operating costs and reduce carbon footprints. Long-standing relationships with industry leaders forged the path for Plug Power’s key accounts, including Walmart, Sysco, P&G and Mercedes. With more than 4,000 GenDrive units deployed to material handling customers, accumulating over 16 million hours of runtime, Plug Power manufactures tomorrow’s incumbent power solutions today. Additional information about Plug Power is available at www.plugpower.com.
For more information please contact:
Karen Freedman
Plug Power Inc.
karen@davidjamesagency.com
I think there's a hidden agenda behind these analyst's predictions.
Isn't ROTH Capital one of PLUG's funders of capital fund raising in the past?
Do they not have a lot to gain by holding the share price down until they can load the boat with more shares?
I don't put much truck in what these analyst have to say. Most are writing these things just to make a living on their own.
PLUG-on
briar
Need a new job? Try looking Luckey, OH
http://www.indeed.com/q-fuel-cell-plug-power-l-Luckey,-OH-jobs.html
I like what this outlook is...from poster over Yahoo way.
"
cycleman_14 •
.
I smell Bacon!
SHORTS are scared or they wouldn't be paying for advertisement trashing PLUG the Day before Earnings Report.The HYDROGEN ECONOMY is here. It is rolling forward and if we want our PLANET CLEAN AND GREEN then we'd better move in that direction.
The SHORTS have made a huge miscalculation here because they usually target some company, run their Bear Raids and trash the stock so the company can't qualify for loans and soon finds itself on the skids. PLUG has over $100 million Cash and revenues are increasing exponentially so the shorts have a problem here.
Imagine to have been one of the lucky ones who bought PLUG in early 2013 when it was trading as low as 12 cents, wish I had known about it back then. LOTS has happened since then, specifically a tremendous increase in volume. The run-up that happened in March of 2014 was accompanied by a tremendous increase in NAKED SHORT INTEREST by Market Makers in the range of 100-400 million shares. At that time investors were flocking to PLUG and the Market Makers were the ones that had to provide the shares in the run-up. So now they have spent a year trying to trash the stock and get out of their short position. All they can do is lie thru the paid Internet Rags and pay bashers 24x7 to trash the stock on the message boards.
TIME has run out! Tomorrow the TRUTH comes out!!! The Huge position of Naked SHORT Interest is trapped in this company because they couldn't break it. Normally they can short 10 IPO stocks and 9 will go bust, leaving one to contend with. PLUG is a Maket Disturber. The Shorts miscalculated and when the earnings report MEETS and EXCEEDS you will hear a Giant SQUEAL as the PIGS run off the cliff.
PIGS get SLAUGHTERED and in this case they hung around too long, time enough for Andy to set the Trap and deliver.
I smell Bacon and for the Longs that have waited patiently and bought on the dips, Congats. PLUGs business model should be very rewarding. Less than 24 hours to go..TIC TOC"
jose... you're welcome.
If BMW is wrong then I don't want to be right. It's clips like this that make me know that this is going to be a GREAT stock.
https://www.bmwusfactory.com/bmw_videos/hydrogen-fuel-cell-technology/
Oh Crap.... Market Outlook BULLISH ENGULFING
With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls.
LMAO
Go PLUG Rah Rah Rah.
I hadn't seen this recent article:
Link is here: http://investcorrectly.com/20150303/where-is-plug-power-inc-nasdaqplugs-next-leg-of-growth-coming-from/#.VQH5sdrC2kU.twitter
Where Is Plug Power Inc (NASDAQ:PLUG)’s Next Leg Of Growth Coming From?
BY NEHA GUPTA · MARCH 3, 2015 08:12 AM PDT
PLUG
Fuel cell has a bright future and PLUG stands to gain as it expands internationally
PLUG aligns management to capture global opportunities in the fuel cell industry
The company to enjoy rapid growth in the forklift category because of the barriers to entry in the market
Plug Power Inc (NASDAQ:PLUG) is an alternative energy technology company with a special focus on fuel cell systems. The company designs and manufactures its fuel cell systems for the industrial market, especially the off-road segment that includes forklifts. However, the company has been moving to tap opportunities in new markets.
Fuel cell is quickly gaining traction as an alternative source of energy. The global market for fuel cell is expected to explode to $14.3 billion in 2020, up from $1.2 billion in 2013. Fuel cells have today become a viable source of green energy because vendors have been able to solve the problem of using expensive catalysts such as platinum. As a result, fuel cell units have become more affordable thereby encouraging adoption.
Global Fuel Cell Shipment
Plug Quarterly Revenue
The global capacity of fuel cell energy is expected to grow at the rate of 22.6% between 2014 and 2020 to hit 664.5 MW by 2020. Government support and favorable regulatory environment are expected to lead the push for global fuel cell adoption.
About 50,050 fuel cell units were shipped in 2013 and are projected to grow at a rate of 49.1% within the next five years to 790,450 units by 2020.
Why fuel cell has a bright future
The concern over global warming and efforts by authorities to discourage or limit use of fossil fuels promote the demand for clean energy such as fuel cells, wind and solar. Unlike the other alternative energy sources, the penetration of fuel cell energy is still very low, yet the addressable market is huge as more customers learn about the benefits of the technology.
Still, fuel cells are able to supply energy even when the sun is not shining and wind is not blowing, which makes them a reliable source of green energy.
Fuel cell could be to the fossil fuel industry what electronic cigarette has become to the once lofty tobacco industry. Growing health concerns over tobacco smoking and stringent regulations around the product are giving way to a blossoming e-cigarette market. Giant tobacco companies have been compelled to embrace e-cigarette that they once fought in the early stages because of its revenue and profit potential. The same could fate befall fossil fuel industry because of the stringent energy regulations amid attractive subsidies for alternative energy.
Companies such as Wal-Mart and Verizon were some of the early adopters of fuel cell energy. Improving financial performance of these companies could drive their peers to joining the fuel cell bandwagon to take advantage of the benefits it in.
Fuel cells for distributed generation
Distributed generation is where power is generated at the point of consumption. Plug Power Inc (NASDAQ:PLUG) stands to benefit as stationary fuel cells are increasingly being adopted for distributed power generation. The reason for this is that they help to eliminate the costs, inefficiencies and complexities of power transmission.
Although there are some other on-site power sources such as diesel generators, they have shortcomings in that they are not clean. Even clean on-site energy sources such as solar or wind are not good enough because of their intermittent nature, which make them unsuitable for businesses that require power supply round the clock. Stationary fuel cells are able to generate power 24/7, and are suitable for campus environments and data centers.
Fuel cell in the automotive sector
Fuel cell vehicles (FCVs) could significantly cut harmful emissions and help reduce global warming. There are certainly a number of challenges to be overcome in producing FCVs for the mass market, but the technology is very promising. A number of automakers have already started innovating for FCVs and Plug Power Inc (NASDAQ:PLUG) already have some of these automakers among its customers.
Plug Power Inc (NASDAQ:PLUG) counts Volkswagen AG (ADR) (OTCMKTS:VLKAY), BMW and Honda Motor Co Ltd (ADR) (NYSE:HMC) among its customers in the auto sector. Some of these auto customers have already signed repeat deals with Plug Power while Honda is a new entrant. The development shows that the company is able to satisfy customers and retain them while adding new ones in the fuel cell auto market.
Other fuel cell companies are also making inroads in the auto sector. In a recent development, Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) inked a new deal with Volkswagen to the tune of $80 million. The two companies extended an existing contract.
These are all indicators of new application areas for fuel cell. The auto industry is a particularly huge market given that governments around the world are pushing conventional automakers to develop fuel-efficient vehicles to cut emissions.
Fuel cell in the airports – aviation sector
The push for green energy is not only limited to auto industry. Buyers of aircrafts are also interested in fuel-efficient aircrafts to enable them cut cost and reduce emissions. Successful experiments have been done in flying aircrafts using fuel cell. Other benefits of using fuel cell in aircrafts have also surfaced. For example, water is the byproduct of fuel cell energy and that means that aircrafts would have to carry a small amount of water on board and supplement their water system with what is generated from the fuel cell reaction. Of course, there are unique challenges to meet in flying aircrafts on fuel cell, but the good news is that it is possible, and that is a market opportunity for fuel cell vendors.
While flying fuel cell may not happen soon, Plug Power Inc (NASDAQ:PLUG) is already moving into the aviation sector with airport ground support. The company is installing its GenFuel system at airports to serve ground support equipment.
Conclusion
Plug Power Inc (NASDAQ:PLUG) has various growth opportunities, and new ones will emerge as people learn more about fuel cells. Given that Plug Power has been able to sign repeat deals is a strong indication of the satisfaction that customers have had with its fuel cell solution, which should drive more growth.
The GenFuel cell charging networks that Plug Power Inc (NASDAQ:PLUG) is planning to build will prove the company with another opportunity to satisfy customers. GenFuel recharging stations will enable customers to cut costs and enjoy operational efficiencies.
Thank you "rgmorris." That was not addressed to anyone in particular.
Small Power, Big Benefits: Fuel Cells for Remote & Off-Grid Applications
3/05/2015
Hydrogen Fuel Cells offer a highly reliable, cost-effective and emission-free power solution for the challenges of remote and off-grid applications. This technology is used with commercial customers detailed in this article.
http://www.nxtbook.com/nxtbooks/webcom/remote_2015spring/index.php#/10
It never ceases to amaze me how many "experts" there are that post on these message boards. Some expressing disbelief that they cannot even get a response to a letter they have written to the CEO, etc. Give Andy a break, they collectively have garnered some of the most successful businesses in the world to become buyers of the PLUG Power systems. The client or customer list is more than a little impressive. We are growing at a phenomenal rate. Get on and stay on or just move on. This company is keeping the best of the best. I think Andy and the gang are doing a super job.
Briar-under-your-saddle-hopper
Here is an excellent post copied from the Yahoo PLUG message board.
Plug Power Inc. Message Board
Get Message Board for:
PLUG POWER’S BEAR RAID/BUSINESS UPDATE!
As those reading this Plug Power Message Board have varying understandings of this company, those wishing to update their Plug Power (PP) research should include the Jan. 28th Conference Call by CEO Andy Marsh and new CFO Paul Middleton at 7 a.m. PT (toll-free at 877-407-8291; webcast access at Plug Power website).
Full Disclosure: As a retail investor for over a quarter-century, I’ve learned, sometimes the hard way, what “New York Times” bestselling author Michael Lewis (who worked from 1984-88 for Salomon Bros. in London and on Wall Street) revealed in his 2014 book, “Flash Boys: A Wall Street Revolt”: "The U.S. Stock Market, at bottom, is rigged. The icon of global capitalism is a fraud." During PLUG’s 2014 volatility, I repeatedly traded it profitably, eventually realizing that the three-fourths of shareholders long this stock have been caught in an ongoing, illegal bear raid which began last March.
This discovery was emphasized while I read a 2014 book by another “New York Times” bestselling author, preeminent “Rolling Stone” journalist Matt Taibbi, in which he talked about (p. 248) “other legendary bear-raid stories involving companies like Overstock, Dendreon, Afinsa, Biovail, and a Canadian company, Fairfax Insurance, which U.S. hedge-fund billionaires Dan Loeb (Third Point), Stevie Cohen (SAC Capital) and Jim Chanos (Kynikos)—self-described as the “Masters of the Universe”—along with centimillionaire Adam Sender, who cut his teeth at SAC Capital before founding Exis Capital, collectively placed a massive short bet against Fairfax, attacking it with naked short-selling (a type of financial counterfeiting such short-sellers use to artificially depress the stock price of a target company), as well as with criminal efforts to destroy the company and its CEO.
Fortunately, they failed (Fairfax later sued its short-sellers for $8 billion in damages), just as I predict the short-sellers who’ve long been illegally manipulating the share price of PLUG will fail. My only significant previous post on this PLUG Board was last Sept. 4th, entitled “PLUG LONGS: DENY SHORTS YOUR SHARES!” (which received 41 'Thumbs Up,' 14 ‘Down,' and well over 200 ‘Replies'). This January 14th, I wrote Plug Power CEO Andy Marsh, Chairman George McNamee, and Co-Founder Larry Garberding about my concerns, including this:
"Dear CEO Andy Marsh--As a significant retail investor in Plug Power, I understand a bit of what’s necessary to run a business profitably, having grown up and worked in a newspaper-publishing family before founding my own global business for the past 35 years. Having become a globally-published author in 1986, we writers have a special responsibility to blow the whistle when we see illegal bear raids of the magnitude that some among those controlling the significant short interest in PLUG appear to have engineered for many months of 2014, continuing to this day. The SEC has done nothing about this, just as it did nothing about the massive bear raid on a Canada’s Fairfax Insurance.
"In-depth details of that illegal bear raid take up part of Chapter 6 in Matt Taibbi’s superb 2014 book—“The Divide: American Injustice In The Age Of The Wealth Gap.” Because he states the SEC did nothing about this massive, illegal attempt to destroy a Canadian company, and because it’s clear to me that PLUG has long been the target of an illegal, short-interest bear raid that’s destroyed countless millions of dollars of PLUG longs, I’ve copied SEC Chair Mary Jo White on this, in hopes she’ll finally stop it."
Also on Jan. 14th, I submitted an official "Complaint about the Ongoing Bear Raid of Plug Power's PLUG Stock (Manipulation of a security)” to the Division of Enforcement of the United States Securities and Exchange Commission [TCR successfully submitted same date; reference no. TCR142127(confidential)], which replied: "Thank you for contacting the Division of Enforcement of the United States Securities and Exchange Commission. This automated response confirms that your submission has been received successfully.”
Jan. 22nd, I received this additional response from the SEC: “Thank you for your email dated Jan. 14, 2015, to U.S. Securities and Exchange Commission (SEC) Chair Mary Jo White regarding Plug Power, Inc. Your email was forwarded to the SEC’s Office of Investor Education and Advocacy (OIEA) for response. . . .We keep records of the correspondence we receive in a searchable database that SEC staff may make use of in inspections, examinations, and investigations. . . .Sincerely, Don Evans, Branch Chief, ref: _OOD30JxQy._500(confidential)."
In my letter to CEO Marsh, I also wrote: "Interestingly, Andy, after the end of September, 2014, even though Plug Power’s Q3 Earnings Report/CC would not be until Nov. 12th, you announced on Oct. 10th that Plug Power "closed out the third quarter of 2014 with 857 GenDrive units shipped to material-handling customers in North America. This equates to a 450% increase, compared to the third quarter of 2013, when 155 GenDrive units were shipped.” That “857" figure was used by Wall Street analysts to set their expectations for the coming Q3 ER, but you unconscionably failed to then tell Wall Street and long investors what you ALSO knew on Oct. 10th—that more than $5 million worth of those GenDrive units were not paid for in that quarter (check reportedly received 3 days into Q4).
"By not, Andy, also announcing that earnings shortfall, you led Wall Street analysts to set Q3 earnings estimates higher than PLUG could meet, exacerbating the continuing bear raid’s loss on PLUG (from $4.44/share Oct. 10th). More recently, you’ve stated that you intend to make a January statement before the Q4 ER/CC in mid-February. Highly-successful companies such as Apple and Amazon NEVER tell Wall Street what they’ve shipped before their Earnings Reports, so why do you? Amazon, by the way, has yet to show a profit after nearly 20 years in business, not unlike Plug Power’s earnings record. And, one of the world’s most profitable companies, Apple, has always downplayed earnings expectations, which allows them to most often beat Wall Street analysts’ expectations, enhancing their stock’s share price. Why does Plug Power not do the same as these colossal business successes, in this regard?
"You also said on Oct. 10th, Andy: “The company expects to ship between 900 and 1,000 GenDrive units in Q4/14.” Thus, if you still plan this January ‘update,’ please do NOT make the same mistake you made last Quarter, perhaps causing yet another loss to long-suffering shareholders long Plug Power’s stock—a stock we bought because we believe in your products’ future potential. It goes without saying that such continuing bear-raid losses are adversely affecting your own 243,553 shares, or the 256,148 shares of Plug Power's Chairman and Co-Founder George C. McNamee. In conclusion, Andy, it’s good to see you’re now ranked among the "Top Small Cap CEOs" by ExecRank, so as you've signed off in your online President’s Message. . ."Power Ahead"! Thank you for listening to my request, as a long and strong retail shareholder. Respectfully, (confidential)"
CONUNDRUM: How did PLUG stock fall more than 52% in the last six months, while the U.S. Stock Market was achieving record highs? As all know, U.S. Feds do arrest a handful of Wall Street thieves. Billionaire Bernie Madoff was sentenced to 150 years in prison for “losing" $50 billion of his investor’s money. Billionaire Raj Rajaratnam was jailed two years for insider trading. Eight employees of billionaire Stevie Cohen’s SAC Capital pleaded guilty or were convicted at trial for insider trading--at a firm once the envy of Wall Street for its consistently stellar returns--while Cohen, himself, avoided criminal charges, although SAC as an institution pleaded guilty, paid a record $1.8 billion settlement, and was forced to shut down its business of managing money for outside investors. Those long running an illegal bear raid on PLUG may or may not escape justice. However, they can’t keep their target's revenue from growing.
Having watched Plug Power’s revenue go from $26.6M in 2013 to between $70-75M in 2014, CEO Marsh prefaced his Jan. 28th Business Update by telling the “Albany Business Review” on Jan. 6th that he expects this year's business to nearly double: "In 2015, we're publicly where the company expects to be--on track to reach up to $130 million in revenue this year,” saying Plug Power is focusing much of its energy in 2015 on meeting its deployment numbers for the company's (1) Material-Handling Market, adding that the fuel cells used to power forklift trucks in large warehouses for customers like Walmart and Kroger represent more than 80% of the company's revenue.
Personally, I've invested in PLUG power because of its potential, as explained on the Plug Power (PP) site: "Plug Power has revolutionized the Material-Handling industry with cost-effective power solutions that increase productivity, lower operating costs, and reduce carbon footprints. Plug Power’s GenDrive® fuel cell is a superior alternative to lead-acid batteries for electric lift trucks in the $20 billion global Material Handling Market."
On the site's navigation bar, clicking on ‘Expansion’ lists the additional markets PP’s now pursuing: (2) Ground Support Equipment Market; (3) Electric Vehicle Range Extenders Market; (4) Transportation Refrigeration Unit Market, and (5) Hydrogen Fuel Market, about which CEO Marsh said Jan. 6th: "You'll continue to see, during the coming year, the company become more engaged with hydrogen,” noting that hydrogen is critical in expanding the fuel-cell market, adding that Plug Power will aim to make hydrogen more readily available in 2015. (A partnership that closed last year with Praxair, a Connecticut-based hydrogen producer, enhances that transition.)
CHECKMATE ON BEAR-RAIDING SHORTS: Regarding why I predict the failure of this ongoing, illegal bear raid which some among PLUG's substantial short interest have used since last March to artificially depress Plug Power's share price, I see the checkmate on these white-collar criminals who’ve stolen countless millions from the three-fourths of PLUG investors who are long this stock, resulting from one glaring miscalculation: They cannot control Plug Power’s impressive, growing list of customers.
“Fortune 100” companies are the leaders of the American economy. Sooner or later, all become known by the company they keep, so no doubt Home Depot, the world's largest home improvement specialty retailer, was inspired to help revolutionize the $20 billion global, material-handling industry by other “Fortune 100” Plug Power customers, including Walmart, ranked 1st in revenue; Kroger, 22nd; Procter & Gamble, 35th; CVS, 93rd; Lowe’s, 94th; Sysco, 95th, and Coca-Cola, 99th. As the newest Plug Power customer, Home Depot--ranked 18th—has similarly signed on to use Plug Power’s cost-effective power solutions to increase productivity, decrease operating costs, and reduce its carbon footprint.
Plug Power fuel cells will power the forklift fleet at Home Depot’s newest Distribution Center—its 1.6-million-square-foot facility on 157 acres in Wood County, Ohio (Luckey, OH, near Toledo—a $100-million-plus investment which will be used to support Home Depot's on-line business starting in this year’s first quarter, located close to I-75 and the Ohio Turnpike, as well as to freight rail service on Norfolk /Southern and CSX rail lines, in northwest Ohio where many big U.S. companies already have Distribution Centers, such as Best Buy, Calphalon, FedEx, Kohl’s, Lowe’s, Menards, UPS and Walgreens). Home Depot, itself, has Distribution Centers in more than 90 U.S. locations, shipping products to more than 2000 stores across the country.
According to “Toledo News Now,” Home Depot’s newest Distribution Center is expected to hire 125 full-time and 30 part-time positions. K and K Technical Group, Inc., one of the best staffing firms for the automotive industry today (Plug clients also include BMW, Daimler/USA, Honda, Mercedes-Benz and Volkswagen), has advertised a “field-service job posting for a fuel-cell technician in Luckey, Ohio." Job description:
“The Field Service Technician will support fuel-cell products currently installed in electric lift trucks, including performing preventative maintenance and resolving breakdowns. May require troubleshooting and maintenance of high-pressure hydrogen storage, delivery and fueling systems. May include maintaining ongoing communication with customer personnel hydrogen suppliers regarding aftermarket support of fuel cells. Technician must have a minimum of five years of proven experience in mechanical and electrical troubleshooting and repair, and must provide own standard set of tools—specific fuel-cell tools to be provided by Plug Power."
Again, the biggest “Fortune 100” firm which PLUG’s illegal shorts can’t control is Walmart. In February, 2014, Plug Power received a milestone GenKey order from Walmart to roll out 1,783 GenDrive fuel cells in the forklift fleets at six of its Distribution Centers (DC) across North America. On July 29th, Plug Power received a follow-on Walmart order to add the GenKey hydrogen fuel-cell power solution to a seventh DC.
Jan. 14th, Raymond James analyst Pavel Molchanov weighed in on Plug Power after hosting meetings with the company's executives. His highlights: "Walmart onboard with forklifts. After years of delays in hitting financial targets, Plug Power got on the proverbial ‘map' (followed by an epic short squeeze) with a major order from Walmart in February of 2014 for GenDrive fuel cells. The fuel cells are being deployed at Walmart's North American Distribution Centers; another eight-to-ten expected in 2015, replacing lead-acid batteries in electric lift-truck fleets. The addressable market ranges from $5 billion (currently servable, North America-only) to $40 billion (global TAM). Material-handling customers—i.e., forklifts and related equipment for warehouses and industrial plants—have long been at the heart of Plug Power's go-to-market strategy, and an implicit 'seal of approval' by the world's top retail chain played a key role in reshaping how investors perceive Plug Power."
Walmart, with 158 Distribution Centers, this year intends to doubling down on its Plug Power fuel-cell conversions at its North American Distribution Centers—a reality check which virtually NO major company distributing goods will ignore, including all joining Walmart in Plug Power’s impressively growing customer lineup: Ace Hardware, Associated Wholesale Grocers, BMW Manufacturing Co., Bridgestone Firestone, Central Grocers, Coca-Cola Consolidated, Coca-Cola Refreshments USA, CVS, Daimler (USA), FedEx Freight, GENCO Kimberly-Clark, Golden State Foods, Honda, Kroger Co., Lowe’s, Mercedes-Benz, Nestlé Waters, Newark Farmers Market, Procter & Gamble, Stihl, Sysco, United Natural Foods (UNFI), Volkswagen, Wegmans, Whole Foods, WinCo Foods, plus Plug Power entered (7.31.14) a joint venture partnership with South Korea’s Hyundai Hysco Co. Ltd. to develop and sell hydrogen fuel cells in Asia.
Finally, illegal shorts long manipulating the PLUG share price should also not forget that Plug Power tripled its sales staff in 2014 to better market GenKey--Plug Power’s first all-inclusive product for material-handling sites. . .a turnkey solution making the transition to fuel-cell power seamless. Plug Power has combined all necessary hydrogen-based, fuel-cell elements to provide a ‘one-stop-shopping’ option for customers. With Walmart and Home Depot leading the way, material-handling customers across North America are making the switch to GenDrive, and Plug Power’s GenKey solution links together everything any customer needs for a smooth transition: GenDrive hydrogen fuel-cell units; GenFuel hydrogen infrastructure, and GenCare customer-service contracts.
Who was it said: "Be not deceived, for whatsoever a man soweth, that shall he also reap?” Those are at least familiar words to those calling themself a Christian, Muslim or Jew—just as are the words honored by those calling themself a Buddhist, Hindu or Jain--their immutable Law of Cause and Effect (“karma" in Sanskrit).
P.S. For anyone curious, my only other significant post on this PP Message Board was on Sept. 4, 2014: “PLUG LONGS: DENY SHORTS YOUR SHARES! If you hold a long position in PLUG and don't want the shorts to continue to borrow your shares, just enter a GTC (“Good till Cancelled”) or at E-Trade, GT 60 (“Good for 60 Days”) sell Limit Order at a high price (say, $10.00). This will commit your long shares and make them unavailable for shorting. If your shares were already borrowed, the broker will issue a forced buy-in notice to the shorts, and they will have to cover."
I can't stand ambulance chasing lawyers. Some serious short tactics with this.
A nice single buy of 30,526 shares at $3.09 went thru at 11:54 for about $94,325
I've been around for awhile now but I hadn't ever heard of this association with PLUG.
"Plug Power Inc., the architect of modern fuel cell technology, manufactures the fuel cell used in the Advance CS7000 sweeper-scrubber. Plug Power revolutionized the industry with its GenDrive® power solutions that increase productivity, lower operating costs and reduce carbon footprints for customers who use their fuel cell products.
(Link to Advance: www.advance-us.com/ )
“Advance is an industry leader and innovator and it was only natural for Plug Power and Advance to join forces to offer the cleaning industry’s first fuel cell sweeper-scrubber,” said Erik Hansen, VP Sales of Plug Power.
About the Advance CS7000™ Series
The full line of Advance CS7000 Combination Sweeper-Scrubbers—the all-battery powered, hybrid and now the new fuel cell-powered—are the most efficient, productive, cost-effective and sustainable industrial floor cleaners on the market for industrial use. The design of Advance’s CS7000 series has resulted in up to a 50% reduction in fuel costs relative to comparable models in the marketplace, reduces LPG fuel consumption and cost up to 45%, up to 45% lower carbon dioxide (CO2) emissions than other LPG fueled units, increases battery runtime vs. competitors by 64% and is 100% indoor emission-free ePower battery operation.
The extended runtime offered by all of the Advance CS7000 models is ideal for maximum productivity in industrial cleaning areas, including warehouses, shipping and manufacturing facilities that present difficult-to-manage areas due to the size and scope of the required cleaning area. Large cleaning applications, such as heavily-accessed university grounds or parking garages, also benefit from the Advance CS7000’s dual sweeping and scrubbing/cleaning capabilities.
About Nilfisk-Advance
The Nilfisk-Advance Group is one of the world’s leading suppliers of professional floor cleaning equipment. Nilfisk-Advance has production, sales and service entities in all major geographic regions including, EMEA (Europe, Middle-East and Africa), Americas (U.S., Canada and Latin America), and Asia Pacific, including China. Nilfisk-Advance is a part of the NKT Group, which is an OMX20 company listed on the Copenhagen Stock Exchange. Total 2011 sales were over $1 billion USD.
Advance is a brand of Nilfisk-Advance, Inc. For more information on the new Advance Fuel Cell CS7000, call 800-850-5559 or visit:
PLUG's relationship with Air Products goes way back....
"Air Products’ Hydrogen Technology Onstream at Mercedes Alabama Plant
Converted Material Handling Units Running on Hydrogen Powered Fuel Cells
October 08, 2012 Lehigh Valley, Pa.
Moving with the speed and precision of the actual vehicle being manufactured there, in a time period of less than six weeks, Air Products (NYSE: APD) put in place its industry-leading hydrogen fueling technology and infrastructure to successfully convert a significant portion of a lift truck fleet at the Mercedes-Benz U.S. International, Inc. facility in Tuscaloosa, Alabama. The 72 converted lifts, now hydrogen-powered fuel cell material handling units, began daily operations moving Mercedes vehicle parts for assembly when employees returned to the manufacturing facility from an annual week-long summer shutdown.
“It was important to our customer to have the hydrogen fueling and infrastructure all in place so they could ramp-up immediately upon return to work from their annual break. This was a tall order to complete in six weeks from the signing of the contract, but with safety being the absolute first priority, we had the market experience to successfully make this happen for Mercedes,” said Sarah Hammond, business development manager for Hydrogen Energy Systems at Air Products. The leader in providing hydrogen fueling and the related infrastructure to the material handling market, Air Products is now safely fueling over 1,000 pieces of material handling equipment on a daily basis in the U.S.
Air Products’ equipment and infrastructure at Tuscaloosa includes an outdoor liquid hydrogen storage and compression system, along with piping to multiple indoor fueling dispensers. Mercedes Tuscaloosa plant was founded in 1995 and started production in 1997. Further information from Mercedes-Benz is at: www.media.daimler.com and www.mercedes-benz.com. The Mercedes material handling units being fueled by Air Products include Plug Power’s (NASDAQ: PLUG) GenDrive® hydrogen fuel cell power units. The GenDrive systems can be quickly refueled in just minutes, completely eliminating the need to change, store, charge and maintain multiple lead acid batteries for each lift.
“Our project execution has always been a strength and our technology has been a consistent performer and very reliable. We have multiple product offerings that can be expanded with the customer life cycle. These are available for customers interested in material handling fleet conversions and, in fact, we provided our mobile fueling technology to Mercedes for initial fuelings prior to placing the permanent equipment onstream,” said John O’Bryan, project manager for Hydrogen Energy Systems at Air Products. Details on Air Products’ hydrogen fueling station technologies and projects are at www.airproducts.com/h2energy.
There are many advantages to using hydrogen-powered forklifts and material handling equipment. Hydrogen-powered equipment only needs refueling once or twice daily, depending on use, and does not require change-out downtime while traditional battery-powered equipment is taken out of operation for battery replacement or recharging approximately every four to six hours. Hydrogen-powered equipment provides consistent power strength during use and does not experience decreased performance or wear down as battery units do when nearing change-out or recharge time. Additionally, unlike battery-powered forklifts, hydrogen-powered fuel cells are not adversely impacted by temperature when operating in coolers, freezers or arid warehouse conditions. Further, hydrogen-powered equipment is more environmentally friendly and does not involve lead-acid battery storage or disposal issues.
Air Products, the leading global supplier of hydrogen to refineries to assist in producing cleaner burning transportation fuels, has vast experience in the hydrogen fueling industry. In fact, several sites today for certain hydrogen fueling applications are fueling at rates of over 75,000 refills per year. Use of the company’s fueling technology is increasing and is over 500,000 hydrogen fills per year. The company has been involved in over 150 hydrogen fueling projects in the United States and 19 countries worldwide. Cars, trucks, vans, buses, scooters, forklifts, locomotives, planes, cell towers, material handling equipment, and even submarines have been fueled with trend-setting Air Products’ technologies.
Air Products has more than 50 years of hydrogen experience and an extensive patent portfolio with over 50 patents in hydrogen dispensing technology. Air Products provides liquid and gaseous hydrogen and a variety of enabling devices and protocols for fuel dispensing at varied pressures. Hydrogen for these stations can be delivered to a site via truck or pipeline, produced by natural gas reformation, biomass conversion, or by electrolysis, including electrolysis that is solar and wind driven.
About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 20,000 employees in over 50 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2011, Air Products had sales of approximately $10 billion. For more information, visit www.airproducts.com.
About Plug Power
The architects of modern fuel cell technology, Plug Power revolutionized the industry with cost-effective power solutions that increase productivity, lower operating costs and reduce carbon footprints. Long-standing relationships with industry leaders forged the path for Plug Power’s key accounts, including Walmart, Sysco, P&G and Mercedes.
A couple of years ago this joint venture was announced with Axane an Air Liquide subsidiary:
"...Under the proposed joint venture, Plug Power will contribute a license to certain intellectual property rights for the initial European project territory and Axane will provide installments of cash over a period of five years. Ownership in the joint venture will be shared so that Plug Power’s initial shareholding in the joint venture will be 45 percent, and Axane’s initial shareholding in the joint venture will be 55 percent. Plug Power will have the opportunity to leverage its ownership stake to acquire a majority stake in 2016."
Now comes PLUG and Air Liquide/Axane... Recently, in January 2015 this was announced:
http://www.airliquide.com/en/japan-air-liquide-completes-the-construction-of-the-first-public-use-hydrogen-filling-stations-in-nagoya-and-toyota.html
Directly connected with Toyota's efforts with their new fuel cell car.
PLUG is going to be in the money going forward. They've done the same thing in European countries.
The writing is on the wall folks. Now is a most opportune time to get into this. The future is looking mighty rosey here. I freaking love it.
briar
New YouTube vid:
I wonder why we haven't seen this posted in the news:
ht tp ://www.businessenergy.net/DE/Articles/Fuel_Cells_Energize_a_University_28193.aspx
Wednesday, January 21, 2015
By Tony Leo
As a college committed to environmental sustainability, Central Connecticut State University (CCSU) has adopted bold clean energy practices that are making other schools take notice. For its nearly 10,000 undergraduate students, CCSU sought a continuous onsite power solution that reduced its carbon footprint and helped it achieve aggressive Climate Action Plan goals. In addition, CCSU was determined to find ways to strengthen its energy security and independence in ways that would not only reduce energy costs, but also provide a level of cost certainty and assurances well into the future.
A rigorous RFP process revealed an affordable, highly efficient and emission-reducing option: a stationary fuel cell power plant. Fuel cell power generation was an inspiring new concept for the CCSU leadership team, one that ultimately electrified the campus’ electric grid and, in turn, the university community.
CCSU chose a fuel cell power plant manufactured by FuelCell Energy, a Danbury, CT-based supplier of megawatt-class fuel cell power plants for onsite and electric grid support applications. The company installed a 1.4-MW DFC1500 fuel cell power plant on CCSU’s New Britain campus in only four months.
Greenwood Energy, a renewable energy investment firm, owns the plant and sells the electricity and heat to CCSU under a long-term Power Purchase Agreement (PPA). With the PPA, CCSU avoided an upfront capital investment, paying only for power it receives. This structure creatively mitigates risk for the university while providing certainty of future power costs. FuelCell Energy operates and maintains the plant so the university enjoys the benefits of clean and affordable power without needing to be involved in the daily operation of the plant.
FuelCell Energy’s highly efficient, stationary fuel cell power plants generate electricity and usable heat energy continuously via an electrochemical process that is virtually absent of the pollutants that cause smog (Nox), acid rain (SOx), or that can aggravate asthma (particulates). Quiet and easily sited, they have proven to be an ideal solution for universities like CCSU, and have a reputation for reliability with over 100 plants operating at more than 50 sites globally.