Plug Power Inc (PLUG)

[Jack_Bolander]

The DOWNTREND CONTINUES !

Without a Major Positive Catalyst, the Downward Trend will continue.

Most of the PLUG news has been Negative, and every day the Money Pit in Georgia sits idle is a HUGE Negative.

And most of the recent PRs are Nothing Burgers.

Finally, I continue to see indicators that Georgia's Hydrogen won't be as inexpensive as we have been told.

We have been misled by PLUG many times in the past and I believe this is yet another instance of Hype vs Reality.

PLUG can't get a grasp on Georgia because they have never done a hydrogen plant to scale before. They are all neophytes. It would be like any of us trying to build a hydrogen plant. They don't even know what they don't know.

My proof ? They boasted : "Hydrogen is Easy." Only someone who has never worked in Hydrogen would say this !

Some of us have been around industrial gases for years and we KNOW Hydrogen is the most difficult gas to manage, and Liquid Hydrogen is orders of magnitude more complex.

I stated here last year that Georgia wouldn't be fully operational until 2024 the earliest. How is it that I knew this and PLUG didn't? Neophytes !

I don't like or believe the management and I hate the company and its broken business model, but I do support Hydrogen. Just NOT PLUG.