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Plug Power Inc. Message Board

  • ae_13000 ae_13000 Oct 10, 2013 10:52 AM Flag

    Business Climate

    At the Business Update this past Tuesday, Mr. Marsh expected to announce $20M in recent sales, but instead had to settle for $11M.
    I'm hearing this same thing from all my friends in sales: Companies are pushing back capital investment purchases. They still intend to make them, but the timing is not right.
    I am all out of PLUG at this point because I believe that, at this pace, they no longer have the time to achieve the sales goals that would preclude delisting or R/S.
    I will be looking for a reentry after the dust settles.

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    • PLUG sells forklifts to companies that are building new facilities since retrofitting old forklifts is very expensive. So why would these companies hold back considering the design of the facility would be very dependant on which route they take, fuel cells or batteries. I think it's more than timing. JMHO

    • You will soon join the "woulda coulda shoulda" crowd, of on-lookers, who once owned this powerfully potential-ed, soon to accelerate and expand markets, company.

      Fear reverse splits when the companies prospects are weak. Fear not reverse splits when the opposite is true.

      Invest for the business prospect long term. Time your entry based on technical analysis.

      You don't make money on the sidelines wishing and hoping...
      my 2 cents,

      Sentiment: Strong Buy

      • 1 Reply to jwtechy
      • Thanks for the lecture, but I've been doing this for a long time and the reason I have been successful is that I've learned to minimize risk as much as possible.
        The risk-to-reward ratio has become unacceptable to me at this point. Period.
        I wish the best to all longs here, and I expect to reenter at some point myself.

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