Plug Power +20% on multi-site GenKey order


Plug Power (PLUG+20.6% premarket on news it received a "significant" GenKey contract from a leading retailer to roll out its turnkey hydrogen fuel cell system solutions at six North America distribution centers over the next two years.

PLUG says the deal solidifies its position as the top global proton exchange membrane fuel cell system solution provider and shows that the technology has become mainstream.

Peers also are higher premarket on the news: BLDP +9.6%, FCEL +2.8%.

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Comments (13)
  • User 509088
    , contributor
    Comments (1746) | Send Message
     
    congrats to all the bulls!
    10 Feb 2014, 08:51 AM Reply Like
  • Rospim
    , contributor
    Comments (13) | Send Message
     
    Sky is the limit!!!!!!.PLUG is set for HUGE growth $10.00 target price.
    10 Feb 2014, 09:18 AM Reply Like
  • tigru1
    , contributor
    Comments (26) | Send Message
     
    well that was a nice ride … when will be the next one ?
    19 Mar 2014, 12:48 AM Reply Like
  • cactus jack 65
    , contributor
    Comments (258) | Send Message
     
    I've almost sold my 4,000 shares on a couple of the previous run ups.. Glad I held em. Now let's go to $5
    10 Feb 2014, 09:18 AM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    sell and re-invest into BLDP where the long-term growth potential is with. Buses, Cell phone towers, stacks, IP, etc
    10 Feb 2014, 09:20 AM Reply Like
  • Doewap
    , contributor
    Comments (1037) | Send Message
     
    You're kidding right? And I do hold BLD as well.
    10 Feb 2014, 09:35 AM Reply Like
  • LYogi
    , contributor
    Comments (3199) | Send Message
     
    no not at all. PLUG is a one-trick pony whereas BLDP is diverse with many potential revenue streams.
    10 Feb 2014, 12:02 PM Reply Like
  • Doewap
    , contributor
    Comments (1037) | Send Message
     
    I feel sorry for those who have analysed Plug honestly and honourably, sometimes at great length, but still managed to draw the wrong conclusion...
    10 Feb 2014, 09:20 AM Reply Like
  • Arkeh Capital
    , contributor
    Comments (384) | Send Message
     
    @Doewap - I would never regret to not have owned something when this was for a good reason. I simply will not make money acting the other way around - owning something against my judgement. I simply distrust turnover in PLUG and the way the stock is managed up premarket in less liquid European trading. Enjoy your profit. I had mine in BLDP.
    10 Feb 2014, 02:29 PM Reply Like
  • Analyzethis
    , contributor
    Comments (2) | Send Message
     
    Revenue guidance will improve, this is one stock poised for easy 300% growth in the short term. PLUG is definitely a portfolio builder.
    I accumulated in the $3.15 range, will accumulate more as the momentum builds.
    10 Feb 2014, 09:26 AM Reply Like
  • tigru1
    , contributor
    Comments (26) | Send Message
     
    i'm long for PLUG and just got 3000 shares more last week !!!
    Buy now and you will be happy !!! This is the future !!
    FCEL is a nice buy to.
    10 Feb 2014, 11:53 AM Reply Like
  • Imperative Ideas
    , contributor
    Comments (11) | Send Message
     
    FCEL has consistently diluted shareholders by a not-insignificant amount, which is a concern. Additionally, FCEL operates in the magma fuel cell sector, which shares very little with the PEM sector other than its use of hydrogen as a core energy source. Magma type cells operate, as the name implies, at high temperatures. They are more efficient than a PEM but they are also limited to being primary and backup power solutions for large scale operations. That puts them in direct competition with a half dozen other techs including natural gas, which makes them at once more vulnerable to political shifts and far tighter on their profit margins.

     

    I wouldn't lump FCEL in with BLDP, HYGS, or PLUG. As an investment, they are more analogous to something industrial like SYMX in terms of how the market moves.
    10 Feb 2014, 08:49 PM Reply Like
  • CleanEnergyNow
    , contributor
    Comments (394) | Send Message
     
    Agree that FCEL is a slightly different animal, not to be lumped in with BLDP, PLUG and HGYS. While still a fuel cell, FCEL makes grid-scale fuel solid oxide fuel cells (SOFCs) these run hot and can use pure hydrogen (H2) as fuel but can also run on methane (CH4) and even ammonia (NH3) I think. Note that all the fuels high-temperature fuel cell runs on have some H in the molecule. These fuels all breakdown in the high-temp environment to provide hydrogen for the fuel cell.
    FCEL has a nice system that can take methane from municipal waste and make electricity for the grid.
    Important as that technology is, I think the sizzle is currently in transportation applications like cars, FedEx trucks, buses, fork lifts, boats, etc. Having carved out a niche by providing a much improved solution for supplying power to a fork lift, PLUG addresses that and a number of other transportation applications (range extenders for battery-only electric vehicles) very nicely. But they don't currently make the fuel cell stacks themselves, BLDP is their supplier. BLDP also makes larger fuel cells for buses and helps some of the automotive companies with their fuel cell development. So, while I agree with ArKeh that BLDP has a broader base of potential than PLUG, a wider range of applications, I think that both are ready to really go, for different but related reasons. It is a "both and" for me on PLUG and BLDP. If Tesla decides that involving a fuel cell in their product might make sense after all, they could come to PLUG for a range extender or BLDP for help developing a hydrid battery/FC model.
    15 Feb 2014, 02:04 PM Reply Like
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