Replies to post #28464 on Plug Power Inc (PLUG)

[uksausage]

I'm not for one minute saying car companies will use PLUG inside their cars, it isn't anywhere on OLUGs strategy, but there is a real move to switching to hydrogen as a fuel. Check out "hydrogen economy" on a google search and see what that means. PLUG already supplies BMW and a Mercedes in the USA factories for fork lift and AGV power.
Once hydrogen is widely available more uses will become practical.
pLug already experimented with retail store not just distribution centers, think about having a hydrogen pump at every Home Depot or even Walmart where public could fill up as well as refueling the store fork lifts.
Plugs immediate strategy is to Ground support equipment (2nd generation genDrives shipped in q3 or 4) and range extenders for local delivery fleets, FEdEx and one of the 6 remaining USPS bidders.
No don't see the share price falling below $1 for any period of time, they could actually buy back shares if necessary. (Making a profits as well!). Too many institutions are buying down here.