Plug Power Inc (PLUG)

[canadajim]

The external signs that institutional investors are looking for are far from uniformly positive, such as :

- does the company make money - NO, NEVER HAS, MANY THINK NEVER WILL

- is there any hope in the future that the company will make money - TOO MUCH BAD GUIDANCE IN THE PAST TO BELIEVE ANY PROMISES NOW, SO FAR MORE REVENUE HAS RESULTED IN MORE LOSSES

- is there a competent management team in place - NO INDICATIONS OF INTELLIGENT LIFE ON THIS PLANET, CAPTAIN

- does the company have any proprietary patented technology to protect itself from competition - NOT SO MUCH

- are there unresolved legal issues which could effect the bottom line - ONE RIGHT NOW, THE POTENTIAL FOR MORE DUE TO POSSIBLE SEC VIOLATIONS

- is the product placement provide the potential for future success - YES, AS LONG AS FC COSTS CAN BE DRIVEN DOWN

- is there potential for a meaningful position at the table in a future greater hydrogen economy - DEBATABLE, NO PATENT PROTECTION MEANS LARGE COMPANIES MAY SIMPLY BYPASS PLUG ON THE ROAD TO THE FUTURE, BUT A RISING TIDE DOES INDEED LIFT ALL BOATS WHICH HAVE NOT YET SUNK

It's one thing to believe in the potential for a greater hydrogen economy, it is something completely different to expect that this or any other company might reasonably be able to profit from it's development.