Seeking Alpha
  • Tales From The Future
    Would like to hear from bulls how the $PLUG market cap makes sense since they "just" do forklifts. (Years ago, plans with $HMC / $F fizzled)
    3/7/14
    Reply (8)
    • Tales From The Future: Forklifts only? All other markets once targeted (cars, backup storage for telecom companies etc.) didn't work out for PLUG in the past.
      3/7/14
    • Tales From The Future: As a flashback for $PLUG and $HMC: http://bit.ly/1dzq38M (2007)
      3/7/14
    • wigit5: Forklifts are a huge market though, every company that has physical inventory likely uses them... not saying it justifies the mark cap yet
      3/7/14
    • wigit5: but it could grow into it don't you think?
      3/7/14
    • Tales From The Future: PLUG would probably be gone if they didn't focus on a market, so the shift made sense. Would have to run numbers on forklifts again.
      3/7/14
    • Tales From The Future: I just don't see $1 billion market cap based on revenue and operating margins in material handling / forklifts by glancing at numbers.
      3/7/14
    • Tales From The Future: PLUG soon at $10. Must be silly season for hydrogen (and EVs). When will reality return? Maybe after earnings.
      3/10/14
    • wigit5: I'll be selling soon.
      3/10/14