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Wednesday, July 20, 2016 4:06:12 PM
I know people are continually cautious. This is a growing new industry and lots of R&D, new hires, new shift of workers, and each time they get a contract, they are going to be obligated to spend money to make it. That is expected of any biz, but the way info has been passed on has not been helpful to the company. They seem to shoot their own foot off by not giving names. I do believe this has more to do with customers not willing to let competitors know they are getting a leg up on technology and savings/efficiency. But, it would seem to hurt those companies too if they aren't informing their own shareholders that they are transitioning over to fuel cells and here's why - and lay it out for them.
The PR on this company is very amateurish at times and I know they got ridiculed for over boasting in the past, but this is an easy fine line for anyone who handles PR - simply giving a vision of where they are going is enough to inspire, but if they toss out some numbers on units in the field - units going up - and some names - it would sure go a long way to getting more people on-board.
I don't worry in the long-term, but it is amazing to me that this stock is such a low price per share. It's baffling, really. I would put it somewhere in a margin-concerning price range for institutional buying at this point.
Recent PLUG News
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