The Street has been bashing PLUG for some time, we all know that.
That said, this article is a rehash of old figures, and adds nothing to this discussion.
How does comparing a company like PLUG, which is moving from a Developmental/Research stage to a Growth stage, to Fortune 500 Companies help anyone understand anything about the company and it's prospects?
Ever heard the term "comparing apples to oranges"? Well here you have it!
They ignore the enormous increase in business that PLUG has experienced in the 4th Qtr and into the 1st Qtr this year. The fact that in the January Update, CEO Marsh said PLUG expects to book it's ENTIRE 2014 initial annual order estimate in just the 1st Qtr..!
In summary, this is just another in along series of hatchet job pieces from The Street/ Jim Cramer.
I did not see it, can you give a link? Overall I doubt I will be phased by it. Plug is bound to have numerous purchase orders, and then indefinitely supplies hydrogen for all those orders. Plus they are a great buyout candidate.