Plug Power Inc (PLUG)

[copperslash]

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).