Plug Power Inc (PLUG)

[Jack_Bolander]

Steve - You may be disappointed ... Again !

Last week we had the Symposium and the HUB news, but PLUG crashed ... on "good" news. How do you crash on good news?

Now we have the Q coming (which is NOT looking good at all). So $5.00's are probably a reality before year end.

I also believe that the DOE's funds are in serious jeopardy, as PLUG has fallen nearly 50% since that evaluation was made. DOE still remembers Solyndra, and PLUG looks more like Solyndra every day. Losing this promised DOE funding pushes PLUG to the $3.00's.

I don't expect any IRA guidance until 2024, and the Georgia plant is a year behind schedule, and I am very concerned with their one-off liquification technology. Will serial # 1, even work at all?

Add to all of this, Tax Loss Selling, which is a certainty, and We can easily see another 50% Drop in the PLUG Share price, even with good news.

As some else has reported, "We may see $3.00 before we see $10.00.