Plug Power Inc (PLUG)

[peterpanwasjusthere]

This period since the "Business Update" up through earnings release wreaks of an odorous stench. And yesterday's earnings call was a dud in my view on multiple levels. The hotpoints have shifted for many to "Why no revenue?", "why did AMZN get so many warrants?", "when are WMT's warrants going to hit?", "what are you doing with the $2B you just raised at $65?", and so on...some folks aren't focused as much on the all the great things going on at the Company, and we really didn't get many specifics on this front beyond some generic flag waving. In essence, PLUG has risked transitioning from a revolutionary growth business discussion to a capital markets discussion, and in this market that we're stepping into, that's a high beta play that many will want to sell.

I love this Company and where Andy is bringing it, but when you reach a market cap and business impact/reach of where PLUG is currently situated, you have to up your game in dealing with the market and *both* retail and institutional shareholders.

I'm highly confident there is big news coming this year from PLUG, and I'm not selling any of my shares, but their current approach to PR/IR will continue to open wide doors for gamesmanship and short sellers to play with the stock.

I'm also starting to wonder if Andy believes that since PLUG is in discussions with so many multiple business partners/customers, that PLUG is better off by not showing its cards and avoiding announcing deals/contracts so as to not scare away or upset other potential business prospects in the Company's pipeline. It's a nice conundrum to have, but one that further challenges the stock price while we sit around and wait for direct real news from the Company.

GLTALs