Cowen analyst KNEW about this when he DOWNGRADED PLUG
from Cowen downgrade on PLUG day after earnings: Yesterday, PLUG won a new auto OEM deal, and 2-3 more, large, multi-site wins are expected. Targeted bookings this year of $150MM (vs. $70MM in 2014E sales) could yield Y.E. 2014 BL of $130MM, covering 93% of our $140MM 2015E sales. This auto news was announced on cc, already in guidance!!!
from PLUG cc And over the last day, and yesterday, we received our first GenKey order from a new auto manufacturing company. In the coming weeks, we’ll provide an update about this win after discussions with the customer’s marketing department.