Plug Power Inc (PLUG)

[scubastevemd]

Listened to most the Bloom investors call yesterday and was very impressed. They are more a picks and shovel than an all of the above vertical company. They look at the bottom line. How can we produce the lowest cost application for their client per watt? They are agnostic as to feed stock and can use multiple fuels and let the market decide which is best. They are not selling molecules like Plug and will let the big boys do that. They are expanding to Europe. Using high heat and steam they claim their electrolyzers are 30-40% more efficient. Their fuel cell uses no platinum or iridium so are less expensive. They recycle their units and save 60% on a new replacement. Just approach then Plug. They seem more focused on becoming profitable in 2022 than Plug and will have slightly more revenue with over $1 billion projected. They are expanding into Micro grids and shipping along with backup power.