InvestorsHub Logo

WeTheMarket

08/13/23 12:49 PM

#52139 RE: velcro #52137

Velcro, thanks.

Jack_Bolander

08/13/23 1:49 PM

#52140 RE: velcro #52137

Velcro - You may be on to something. What if Ole left because he didn't like what he saw ?
Ole always struck me as a Boy Scout, and if saw something untoward he would say something. And if it was dishonest he might choose to leave.

Since Ole was the only Senior Exec at PLUG with actual real world hydrogen experience, he has forgotten more than anyone in PLUG knows.

He knew the Georgia plant would be delayed, because there are a bunch of amateurs working on it.

I suspect he knows the economics don't work either and a bunch of equipment that is interesting at $3-$8 / kg , looks like Door Stops at $12 - $20 / kg.

If that's true, we will see a bunch of orders being cancelled , and PLUG drop below $10 for good.