I was right check out Motley Fool, Should You Unplug From Plug Power?
Foolish final thoughts
It seems like Plug Power's management has a history of overpromising and underdelivering. Since management can't seem to get its own forecasts right, how can Foolish investors figure it all out and invest accordingly?
If CEO predicted 40 million dollar new contracts, then how come there is no pre order in the first place. There is something wrong this "Get ready, spring is coming but only weed show up"
CEO is opposite of mr hyde and dr jekyll which is Mr.Dump and Dr Pump.
I don't think so, get real! They have 11 new job opening and the price of share is "Bucking Expensive!"
They are 4 service technician, 2 mechanical technician and 3 electrical technician job opening. Pumper stop pumping this BS. I will be skepticism that CEO over promise the upcoming new contract. Oh well.
Then he said, "We are working on the deal, but the problem is that we don't have enough manpower"
Yet, he still have a hard time to prove his case.
Heading down now
Jim Cramer said so, "Mad Money"
Also read this New Wave of Mortgage Trouble on the Horizon?
U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, a trend that could deal another blow to the country's biggest banks.
The loans are a problem now because an increasing number are hitting their 10-year anniversary, at which point borrowers usually must start paying down the principal on the loans as well as the interest they had been paying all along.
More than $221 billion of these loans at the largest banks will hit this mark over the next four years, about 40 percent of the home equity lines of credit now outstanding.
For a typical consumer, that shift can translate to their monthly payment more than tripling, a particular burden for the subprime borrowers that often took out these loans. And payments will rise further when the Federal Reserve starts to hike rates, because the loans usually carry floating interest rates.
The number of borrowers missing payments around the 10-year point can double in their eleventh year, data from consumer credit agency Equifax shows. When the loans go bad, banks can lose an eye-popping 90 cents on the dollar, because a home equity line of credit is usually the second mortgage a borrower has. If the bank forecloses, most of the proceeds of the sale pay off the main mortgage, leaving little for the home equity lender.
There are scenarios where everything works out fine. For example, if economic growth picks up, and home prices rise, borrowers may be able to refinance their main mortgage and their home equity lines of credit into a single new fixed-rate loan. Some borrowers would also be able to repay their loans by selling their homes into a strengthening market.
ONCE USED LIKE CREDIT CARDS
But some regulators, rating agencies, and analysts are alarmed. The U.S. Office of the Comptroller of the Currency, a regulator overseeing national banks, has been warning banks about the risk of home equity
Get ready to be blindsided by a barrage of new taxes. $1 trillion worth...They'll be coming courtesy of the Affordable Care Act, otherwise known as Obamacare. And they won't just be affecting those who make over $250,000. The bulk of these taxes will be passed on directly to the middle class. That's because while a majority of these "stealth taxes" were designed to be taxes on businesses, they're actually transferred directly to ordinary citizens. They include the investment income surtax, a Medicare payroll tax, even a "tanning tax" on those who utilize indoor tanning services. "Many of those [hidden] taxes, especially those on hospitals, insurers and medical device manufacturers, will ultimately be passed on through higher health costs," said Michael Tanner an expert on the healthcare law. In fact, analysts estimate Obamacare will cost the average taxpayer nearly $6,000 in extra taxes as early as next year. Many of the Obamacare taxes are already in effect, others will hit January 1. But they are already infuriating millions of Americans. While even Obamacare detractors applaud the requirement that insurance companies cover pre-existing conditions and put a stop to lifetime caps on benefits, they say these laudable benefits don't compensate for the bills high cost - especially in new taxes. According to most experts, Obamacare will create a total of twenty new taxes or tax hikes on the American people. In fact, the Obama administration has already given the IRS an extra $500 million to enforce the rules and regulations of Obamacare. The new taxes don't bode well for millions of middle-class Americans. Incomes for the rich have soared this decade but middle class workers have seen their wages stagnate and even drop since the 2008 Great Recession. Many fear Obamacare with its high insurance costs and new taxes, could provide the middle class a fatal blow. The 20 new Obamacare taxes are making Americans eyes pop out in disbelief. Take a look. Of course, the Obamacare
I'm afraid 2014 new taxes increase will turn this stock market upside down. Any opinion welcome.