Replies to post #6489 on Plug Power Inc (PLUG)

[RJG86]

1)Advanced Electric Forklift Technologies Will Surpass $500 Million in Annual Revenue in North America by 2020
2)Hydrogen consumption will grow from $1.3 billion annually in 2013 to $49.8 billion in 2030.
3)Annual Fuel Cell Systems sales world wide will surpass 600, 000 by 2017
4)300000 TRU Transport Refrigeration Units can be powered by fuel cells
5)More Than 35 Million Electric Vehicles Will be On Roads Worldwide by 2022 Fuel Cells to play a big part.
6)Global Fuel Cell Industry to surpass 15 Billion market valueby 2017
7) US continues to be one of the world’s largest and fastest growing markets for fuel cell and hydrogen technologies.
8)350,000 Hybrid and Electric Trucks Will be Sold Worldwide from 2013 to 2020 
9)Air Liquide and Hypulsion partnernship provides access to European Market
10) Susqehanna 30 million investment provides a vote of confidence and indicates the business is growing. Less
11) 90 percent of forklifts to be fuel cell powered in 11 years predict ITA
12) 300,000 airport ground support vehicles can be powered by forklifts,
13) Gen Key provides hydrogen infrastructure sales servicing and hydrogen sales.
14) Asia partner to provide access to Asia.
15) Electric trucks being tested with Fuel Cell range extenders.
16) Walmart Deal provides 100 million in recurring revenue over 6 years.
17) Plug has only penetrated 2% of forklift market 
18) 1ST Quarter revenue meets 2014 year goal
19) 2014 will be profitable 

[RJG86]

Theres more, but thats fine for now.

[audioguy]

Case for being LONG -

I have been holding this stock for years, way before the first R/S. I have slowly built back my position and have a loaded price of around $.26. So I'm doing really well and sold off my initial investment and now its all profit!

The plan was and still is, to hold this security for a while with my thinking the same today as it was years ago.
I added it years ago to expand my alternative energy stocks grouping which included some wind, hydrothermal, bio-fuel, etc. All the other stocks were pennies and went they way of pennyland leaving me a bag holder. Tried to catch a falling knife, and you know how that goes!
PLUG seemed to be the only one with a focus and solid plan to what they planned to do with the fuel cells they were getting from Ballard. Not something anyone else claimed at the time.
PLUG basically sat dormant for years. I was concerned, but left them in my portfolio thinking that some day it will catch on.
Now seems to be that time.

Yes PLUG has huge debt and has for years, and has been bleeding cash on a regular bases, but in the past few months has shown some real light at end of a mulit-year long tunnel.
Is it BS, only time will tell. The CEO is certainly pumped up about the future business they plan to get, and if WalMart is ANY indicator (which many say is not) of future business, we should be good for some time.
PLUG has to realize that innovation is a short term investment and by announcing a possible auto partner, they have moved their technology forward a little.
Once the announcement is made, along with other monthly updates (as the CEO stated), it could prove that waiting was the right decision all along.

[Balltilian]

Check out the AP release. Shorts "MFool" needs to cover. JMO.
Doc needs another BMW.PLUG