Plug Power Inc (PLUG)

[uksausage]

good estimate BDW

If Q3 delivers ahead of expectations then $6 is possible as a spike.

I'm worried what analysts will make of the soon to be announced shipments and the "product mix" which they cannot fathom out. IMHO the Q3 numbers have higher than average number of small type 2 and 3 forklifts (lower SP and margin) compared to the type 1 heavy duty ones.

Last time they got surprised was Q3 last year which really started the collapse and lack of confidence in Andy's forecasting when it was actually an inability of analysts to understand the business.

They have been asking better questions recently so I hope they aren't surprised. Larger installations will have higher Hydrogen infrastructure costs as well. We know largest yet Walmart DC was installed this quarter

I would suggest $6 isn't until sometime nearing Q4 results but I will take it in 4.5 weeks or soon after when the shorts eventually capitulate when they realize that at $100m-$150m a year you can make money and at $500m there is a lot to be made