Plug Power Inc (PLUG)

[uksausage]

yep a real roller coaster ride today especially this morning as people were trying to work out what his strategy for the call was.

well we now know but will the analysts and market understand?

Andy is fed up with being bashed so he has said :

"My official forecast for the year is $100m, however if you look at the slides here you will see that they reflect closer to $130m, oh and we only included $10m of ReliOn business that is all booked and we haven't considered any business from TRU, Range Extenders, Airport Tuggers or any new business segment we decide to move into, and though the year we expect to book over $200m in orders."

Already the market is taking the $100m as gospel and marked us down to under $3 when they should be reading between the lines IMHO. Just a small sign that the $200m of bookings may be an understatement (as he said he wanted to low ball why not that number as well?) and we may be double by earnings especially if he announces Home dept - any idea when Home Depot in Luckey, OH is opening?

Compared to this time last year or even end of Q2 last year the company is in much better condition.