Plug Power Inc (PLUG)

[Asher78]

Cramer is a POS he's been busted for stock manipulation in the past.

I see Cramer has just put another "why PLUG has moved today" article up ....

I have to laugh when I read the reasons why they say sell (for ease of formatting the quotes are my comments)

"We rate PLUG POWER INC (PLUG) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been weak operating cash flow."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

Net operating cash flow has significantly decreased to -$11.05 million or 120.85% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
Quote:
where are these numbers from - growth rate is incredible and cash flow AFAIK is increasing


The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Electrical Equipment industry and the overall market, PLUG POWER INC's return on equity significantly trails that of both the industry average and the S&P 500.
Quote:
So increasing ROE is bad? even if you consider it lower than a huge industry average increasing is good and a good time to buy - otherwise you end up buying high..


The gross profit margin for PLUG POWER INC is currently extremely low, coming in at 3.91%. Despite the low profit margin, it has increased significantly from the same period last year. Despite the mixed results of the gross profit margin, PLUG's net profit margin of 22.38% significantly outperformed against the industry.

Quote:
Again everything is improving if you wait til you hit some random average you have bought high and left a lot on the table, oh and wait we are significantly higher than the industry in this category == BUY


PLUG's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 9.50, which clearly demonstrates the ability to cover short-term cash needs.

Quote:
So this is bad news why? has to be a BUY rating?


This stock has increased by 636.06% over the past year, outperforming the rise in the S&P 500 Index during the same period. Regarding the future course of this stock, we feel that the risks involved in investing in PLUG do not compensate for any future upside potential, despite the fact that it has seen nice gains over the past 12 months.