Some response on Market Watch are, " well, I don't know, I'll get in when I know its real" and other say, "it will be interesting to see how plug does after the news comes out"
Give me a BREAK....Oh its REAL, VERY REAL!
I believe this news was reiterated by Marsh because, apparently, a lot of investors missed it and did not catch the play on the last CC, which lends itself the stock sliding for the last week or so. Most longs here did catch the news at the CC including myself. The only different word I heard was "Major" This is still the same plan folks, A now, MAJOR Automobile Manufacturing Company has ALREADY signed with PLUG as per the CEO CC on Q4-13 which was held on March 13-2014.
I mean, lets be honest here. I'm no expert, and even I can see the future looks bright for Plug Power. I think a few more investors actually got it this time.
Marsh is "quoted' as saying they have signed a deal (NOT expect a deal as Shorts keep trying to play) with a "Major" Auto Company. I think that is very real. He did say this. Can't believe you don't know this. The only question is who and I'm hoping Toyota (they are already far along so that would be an indication of more money coming in sooner). If it is Toyota and the deal is a major and solid one then the share price will take off big time much more than the 48% today.
Sentiment: Strong Buy
Yeah, here's the inside info A@#$ Walmart just gave PLUG 40% of their already existing Gen Drive business. Now a major Auto Deal coming. Marsh says they will make a profit this year for the first time in history. Their revenues have already quadrupled for this year from last. And much, much more, Don't forget, we are still only in March!! What part of REAL, Don't ya get.
Keep shorting, Shorty.
from Cowen downgrade on PLUG: 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 It is known, and already in guidance!!