Plug Power Inc (PLUG)

[uksausage]

no a P&G owned forklift from an undisclosed fork lift manufacturer exploded. It was using a Plug Power supplied fuel cell for it's energy source. the hydrogen was supplied by a third party, the hydrogen was pumped into the fuel cell from a third party pump by an P&G employee. The fuel cell stacks were probably made by Ballard power (but supplied by PLUG). Service of the Fuel cell was done by Plug Power (i expect) but not the pump / hose etc.

so many parts and only a few are PLUG responsibility so until we have the results of the review who knows what caused an undisclosed manufacturers fork lift to "explode".

the initial 20% correction to price seems reasonable and other news has meant we have recovered half the drop. seems the market is working