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Thursday, February 19, 2015 11:17:32 AM
You have to give points for consistency, even if it is consistently avoiding the dissemination of information which might possibly be verified, consistently providing guidance which seems to have no other source than financially terminal unbridled optimism, and consistently goading short selling investors who are pursuing a completely legitimate route to financial gain.
In fact if given a choice between the consistent behaviour of our distinguished board member, and the consistent behaviour of the senior management of the company for which we all seem to have so much hope for financial success I do believe I would choose the former.
At this point I almost fear the coming annoucements of the financial results and (possibly) of important new clients.
If the results are fantastic there will almost certainly be a novel way of portraying them in some unimaginably worst possible light. It is more likely than not, however, that the results will not only be less than fanatastic, they will be less than the guidance we have been given. If that is indeed the case (AGAIN) then we can all shout from the rooftops about our new customers and how we now have the opportunity to increase sales - and the ever present losses on every dollar of sales booked. <Insert Howard Dean scream here.> But alas, it is more likely that information about new clients will (AGAIN) not be forthcoming either. (Despite the fact that at this point I seem to have a love/hate thing going on with consistency, I assure you I still have respect for it.)
We certainly cannot acuse our distinguished board member of being the first to the Kool-Aid trough of financially terminal unbridled optimism.
Because of the timing of the Ballard announcement and the 'guilt by association' pop of the Plug share price don't be surprised if the usual run up in share price prior to release of the results is already behind us. If so our only hope now is that Plug ACTUALLY DELIVERS on the unbridled optimism we have so consistently had doled out to us.
I'm not holding my breath.
Holding way too many calls despite the dispassionate opinion provided above, I wish GLTA,
canadajim
P.S. This message was written in response to a post from another member admonishing our boards favorite Plug pumper for pumping just a little (OK, a lot) too hard. Unfortunately both that message and this were swallowed by the black hole of Wednesday's data loss. This has been reposted from that miracle of miracles aka Google cache.
Recent PLUG News
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- Plug Reaches 7.5 GW in BEDP Contracts for Global Electrolyzer Projects • GlobeNewswire Inc. • 06/25/2024 11:00:23 AM
- Plug Secures 25 MW PEM Electrolyzer Deal for Major European Customer • GlobeNewswire Inc. • 06/21/2024 11:00:45 AM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:34:17 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:40:29 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 12:06:42 PM
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- Investors who lost money on Plug Power Inc.(PLUG) should contact The Gross Law Firm about pending Class Action - PLUG • PR Newswire (US) • 05/14/2024 09:45:00 AM
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