Replies to post #17039 on Plug Power Inc (PLUG)

[uksausage]

glad you decided to stay away.

your numbers are so wrong it is unbelievable but we tried to tell you otherwise.

They issued shares once (last spring) for money and now have more than enough to both grow exponentially and make a profit but you cant see that.

average loss now is less than $8m a quarter (you did see the one time $2.4m legal fund item didnt you - that will not be every quarter but I would like to know more about it)

[copperslash]

They already have money. They are not issuing stocks for money

Why don't you look at the current balance sheet

total current assets = 211M (cash = 156M)

Book value = 211M (that 1.25 PPS)

What multiple do you apply for the growth potential when the material handling power is a multi-billion dollar industry.

Even 5x will give you 6.00 PPS

Go look at Tesla Q4 2012 right before they became profitable. The negative stories sound like your posts. Big difference is that Tesla had 400M in long term debt and PLUG has 2M.

PLUG is on the verge of profitability and there are no demons in the balance sheet. Once the next big dog (FedEx, USPS, UPS, Amazon) converts to Cell, look out shorty.