The stock is super undervalued. If you are ask me, plug is at better situation than all others such cpst, fcel, urg and etc. As you can see other stocks are very volatile due to their position. PLUG is similar to those stocks as far as market share and financials but not over one dollar. I do ask myself sometimes, why plug is under dollar and that may take me to a long story. In my opinion, it should be over one dollar just like others. In one sense it is good for many investors so that they can this super locative stock at a very cheap price.
PLUG is being a super hot watch list by many institutions and individuals.
PLUG is running out of cash and must dilute or go BK. They have been warned twice about delisting and must reverse split or delist. PLUG loses money on every unit they sell and sales are sliding downward with the end of AR&R money which has kept them from already going BK. Management of the company is grossly overpaid and has never met a single public milestone. Management and the BOD are in fact incompetent. Management instituted a shareholders rights agreement at a time when a buyout was possibly essentially guaranteeing that no company would buy them. READ the SEC filings from years past involving backlog and guidance, PLUG management puts out phony numbers covered by the safe harbor statement only to dilute and rip off common shareholders.
Also, we know know sales are up on gen back up power units to china. for BLDP.. much more of that to come, China is the worlds largest telcom country in the world...PLUG shoudl do well these last two quarters... BLDP supplys the fuel stacks,,, so what's good for PLUG is good for BLDP As well. I like both
I have owned both PLUG and BLDP.. True , PLUG may be better value since BLDP went up 207% over this past yr , but BLDP doesn't have looming R/S hanging over there head and turned in a good ER whereas PLUG didn't.. I also like the diversifiction of BLDP , not being limited to just fork lifts...