Replies to post #27824 on Plug Power Inc (PLUG)

[Ag Boy]

As revenues increase and costs reduce, Plug Power expects to break even for the first time by 2017.

The stock was down 12 percent to $1.24 by mid-day Monday after announcing a $0.07 per share loss during the third quarter.

With $170 million in bookings for the first three quarters of 2016, the company said in its earnings report it is on pace to meet its goal of $275 million in bookings for the year.

"Plug Power expects to break even for the first time by 2017." This is the umthteenth time Plug has announced break even to occur in the following year and by expanding into China; Plug will be able to expend money into China expansion and R&D expenditures and carry on its History. What a Marsh filled with Quick Sand while coming to grips with Generally Accepted Accounting Principals. Never seen a company being able to lose more by selling more so successfully.

Generally accepted accounting principles (GAAP) are a common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements. GAAP is a combination of authoritative standards (set by policy boards) and the commonly accepted ways of recording and reporting accounting information. GAAP improves the clarity of the communication of financial information.

JMHO GLTA