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Re: Jack_Bolander post# 48919

Thursday, 11/10/2022 11:49:34 AM

Thursday, November 10, 2022 11:49:34 AM

Post# of 56675
Jack, we know that PLUG will continue to lose money on H2 until such a point they can produce enough of their own to cover the cost of what we subsidize our customers. At least with Nat. gas back down that might help a smidge. At this price I think shorting is a real gamble and the odds do not favor it unless you assume things are just going to get a whole lot worse and granted, they very well could, but we are priced pretty low. Also, if things get real bad Powell will back off or slow down the rate increase for a breather at least and that would rally markets. Don't get greedy here as we know things can flip for odd reasons either way.
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