Plug Power Inc (PLUG)

[chrisp6712]

It’s natural for an investor to see the price of their stocks go down and get upset.. I really only care about the price the day I buy and the price the day I sell. I spent more than 1,000 hours doing my due diligence before I bought Plug. I made my initial investment in early 2020 and have a plan for when and how much stock I will sell each year beginning in 2024. If I was younger or older my plan would be different.

Since my initial investment in Plug, I still do 20-30 hours per week learning everything I can about their business. I like what Plug is doing more each day and continue to buy as much of their stock as I can. If you are looking to make a quick buck, you may want to invest in a mature company and not an emerging infrastructure business. It takes a few years from the time Plug secures a deal until it is finally put into production. The 1 GW deal Plug signed in the Netherlands took 14 months of negotiation before the contract was signed. It will be another 28 months before it is operational. The green H2 production plan was hatched in 2017 when Amazon and Walmart told Plug they wanted to use green H2. As you know, the green H2 plants are just getting ready to slowly come online 5 years later.