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Plug Power Inc. Message Board

  • fuel_cell_fych fuel_cell_fych Mar 17, 2014 1:24 PM Flag

    Car OEM Deal -- it has already been announced people

    the $150M in 2014 orders INCLUDES this car OEM. The name of the OEM is the only thing not yet announced. The financial impact to Plug, however, is already baked in.

    To expect a huge uptick when the name is announced is wishful thinking. No impact on outlook or guidance.

    Sentiment: Hold

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    • I've been of this belief too. Posted it last week. Does the manufacturer name matter? If the deal is done, and $150M in bookings is done, then it is included in that number. Plus, Plug already has BMW and Benz in the fold, pretty big names, along with all the other big name clients, but we are only hanging around $6-7pps, and that is with the hype too.

      I'm long on the stock, but I don't see how the auto manufacturer makes a difference, certainly not going to shoot this stock to $20pps. Unless, there is something more to the deal. Which I suspect since Andy said they can't announce it until the car makers PR Dept. finalizes things. What more this deal could be is all speculation, but who this deal is with, if for only forklifts, I don't see how the deal matters at all to the stock price.

 
PLUG
4.49+0.09(+2.00%)Oct 30 4:00 PMEDT

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