Replies to post #27667 on Plug Power Inc (PLUG)

[SamLevi]

Welcome back to the fun

[uksausage]

the 50DMA may be an interesting support level for a time.

So much is actually happening in the business at the moment but that also costs money.

I see revenues surpassing forecasts for this year but certain new market milestones are being delivered by the end of the year which cost money with little in the way of milestone payments but huge numbers in future years

I'm talking the Range Extenders with FedEx, the Phase 2 GSE fuel cells, Range extenders for USPS (via WorkHorse), reformers for a site in Memphis, collaboration with Chinese/Koreans. All could have been pushed back somewhat and allowed the financials to be based on core GenDrive business to show profits but then the longer term $500m a year business would slip.

What the company is doing is impressive but or some reason the investment world isn't seeing it.