Seeking Alpha

Plug Power jumps following after-hours analyst initiation

  • Plug Power (NASDAQ:PLUG) +9.6% AH after FBR Capital initiates coverage of the fuel cell company with an Outperform rating and $8 price target, citing multiple catalysts on the horizon including new order wins in the U.S., potential expansion in Europe, and the rollout of a hydrogen delivery solution.
  • FBR suggests investors to look beyond PLUG’s history and focus on management's steps to transform the company into a fully integrated business model; the firm believes recent order wins at large customers will have a follow-on effect, and expects the company’s diverse customer base to continue to transition to hydrogen-based forklift fleet solutions.
Comments (24)
  • Weighing Machine
    , contributor
    Comments (666) | Send Message
     
    Fbr lead convert issue?
    14 Jul, 07:04 PM Reply Like
  • Dorisvader
    , contributor
    Comments (2) | Send Message
     
    Wouldn't fuel cells work in smaller lifts for use within the store? Like robo clerks? Just thinking that would be a natural big box store add on sale here for $PLUG.
    14 Jul, 08:06 PM Reply Like
  • Bear Bait
    , contributor
    Comments (671) | Send Message
     
    I may not live to see it; but, fuel cells will become an important energy source. Hydrogen is everywhere. The by product of the process is water and Oxygen as I understand it. With more usage will come less expensive ways to make hydrogen, store it, transport etc. Just look at the reduced costs of batteries and solar.
    14 Jul, 08:21 PM Reply Like
  • Philip Marlowe
    , contributor
    Comments (1014) | Send Message
     
    Hydrogen may be everywhere but actual hydrogen molecules are very rare on earth. Hydrogen mostly occurs in larger molecules such as in water, natural gas, oil, etc. For fuel cell to work that hydrogen has to be extracted from the molecule. This is usually a power consuming process which may also include generation of carbon emissions (if the hydrogen is to be extracted from a hydrocarbon).

     

    All in all, with today's battery technology, it is not at all certain that fuel cells are competitive or desirable.
    14 Jul, 09:03 PM Reply Like
  • MastPi
    , contributor
    Comment (1) | Send Message
     
    My opinion about hydrogen: I think we need a hydrogen economy, jobs etc. to replace the oil economy. (energy independence)

     

    Extraction
    Hydrogen will be extracted by artificial photosynthesis

     

    Storage
    The safety of hydrogen storage is dramatically improved with (magnesium) hydrides.

     

    For me the problems with batteries are:
    -limited range
    -refueling time
    -what happens to the grid when we all charge at the same time?
    -capacity/ energy loss (energy is lost if I don't drive my car for two weeks, or in the winter, needs heating and bad performance)
    -what do you do when for intstance an accident occurs and you don't even have juice to drive to a hospital (if you not always use your car, and your battery charge disappears)
    15 Jul, 07:58 AM Reply Like
  • philohipis
    , contributor
    Comments (638) | Send Message
     
    Philip Marlowe,
    There is significant work being done on improving the mass-energy balance in electrolysis. This will lead to cheaper hydrogen. The same type of technology will also improve hydrogen fuel cell performance. The big question is WHEN?
    15 Jul, 09:35 AM Reply Like
  • Wong Pow Long
    , contributor
    Comments (7) | Send Message
     
    EV is a blood sucking tool.. it suck energy from the grid.
    FCV is a generator... it can supply your home electric when disaster happen.

     

    Which one will you choose? I choose FCV.
    15 Jul, 10:12 AM Reply Like
  • zorrba
    , contributor
    Comments (401) | Send Message
     
    SHEC Energy has advanced research into using CSP to split water, among other innovations. Hydrogen may be created on the cheap via reneweables.
    15 Jul, 11:23 AM Reply Like
  • TheBombDifuser
    , contributor
    Comments (22) | Send Message
     
    SHEC Energy couldn't produce steam from a pot of boiling water...get the hell outta here with that scamming crap. Hey I have SHEC shares I would be willing to sell for .20 each just to get that POS off my books.
    7 Aug, 07:02 AM Reply Like
  • philohipis
    , contributor
    Comments (638) | Send Message
     
    Wong Pow Long,
    I certainly wouldn't choose the 'Disaster'. Have you contemplated EV recharged from solar? Elon Mush has (is). This is the future for EV.
    7 Aug, 12:20 PM Reply Like
  • philohipis
    , contributor
    Comments (638) | Send Message
     
    Well, here we go again. Another analyst discovers Plug, writes a good headline, and the traders (both long and short) are getting ready to buy Cold Duck by the case to celebrate what should be a very profitable week-in-trade. Been there, Done that, Burnt out!! What more can I say? The analyst's conclusion is based on sales prospects and not on technological improvements that actually improve COGS. Fagetaboutit-
    14 Jul, 09:05 PM Reply Like
  • yalcocer
    , contributor
    Comments (12) | Send Message
     
    Agree. Plug has been around for a while. I started looking to this stock in 2000. Some cyclical excitements for a moment and then big drops. There is still lot of development to be done in order to start considering these options. Also, oil prices have to be lot more expensive.
    There are other environment friendly technologies that can probe more effective in the short term such as micro-turbines / Capstone Turbines (OTCPK:CSPT). But if you see this stock, had the same issues, very nice growth in March/April this year and then a big drop.
    15 Jul, 07:30 AM Reply Like
  • Wong Pow Long
    , contributor
    Comments (7) | Send Message
     
    We can use the wind power and solar power to convert the water and hydrogen and store it in a tank and use it at the later stage.

     

    We have cheap solution from Hypersolar to convert the water to hydrogen.

     

    With the ice cap is melting is north and south pole, we will have more sea water to use for splitting the hydrogen cell. More water store at tank give lesser water in sea and avoid flood too.
    14 Jul, 09:23 PM Reply Like
  • philohipis
    , contributor
    Comments (638) | Send Message
     
    Wong Pow Long,
    I am working on such a project and I am trying to get Air-Liquide interested in developing a pilot system. The first step, however, is to improve a very important step in the sequence: the efficiency of electrolysis. There are two European Projects where wind/solar is being used to hydrolyze water. A-L's director of research is in Europe learning more about these pilots. I will meet mw/him in August. There's hope-
    15 Jul, 09:42 AM Reply Like
  • Bear Bait
    , contributor
    Comments (671) | Send Message
     
    I didn't say it was easy. Or cheap. I said it would get cheaper the more we use it. Look at computer memory. I have more memory in my phone than GM had in a room in the early days of computers
    14 Jul, 10:56 PM Reply Like
  • flyerguy1300
    , contributor
    Comments (241) | Send Message
     
    Just proves to show. This stock is long not short, duh!!
    14 Jul, 11:37 PM Reply Like
  • ggillin
    , contributor
    Comments (38) | Send Message
     
    BEWARE..........The common is worthless and they will sell you out again with a
    1 for 10 reverse split or worse. Keep away from this garbage pit.
    15 Jul, 12:23 AM Reply Like
  • selespeed
    , contributor
    Comment (1) | Send Message
     
    hydrogen has limited applications in mainstream usage like passenger vehicles. I think electricity is the way to go. bmw. Mercedes, tesla have chosen the EV route. Toyota in this case, is betting wrongly. the Japanese have been dead wrong on not adopting turbo charging in passenger cars to improve efficiency currently. they're so wrong and have no answers to Europeans techs that are way ahead.

     

    however, for forklifts and special utility vehicles for industry applications where use is confined to smaller areas, hydrogen like what PLUG does seems more viable. so hydrogen has its applications in industry and will increase.

     

    both electricity and hydrogen should find their applications in their own niche areas.
    15 Jul, 02:02 AM Reply Like
  • SlimJ
    , contributor
    Comments (80) | Send Message
     
    Toyota and Hyundai judging from their foray into the fuel cell auto venture haven't had a chance to read these comments. Think they'll abandon their investment into fuel cell technology based on the above assessments? Wonder how they made Fortunes top 500 list. Toyota came in at number eight. The short investors may have to flurry to cover their bets. Is that an example of turn about is fair?
    15 Jul, 06:32 AM Reply Like
  • redsstock
    , contributor
    Comments (266) | Send Message
     
    fuel cells are my only long term stock pick in this manipulated market let see whether im right or wrong i believe in two years if we will see good returns...
    15 Jul, 08:50 AM Reply Like
  • GameKing13
    , contributor
    Comments (327) | Send Message
     
    Is this time to sell on this little jump? It's not concrete news or anything . It's an analyst upgrade, and usually all that gets is a one day blip
    15 Jul, 09:48 AM Reply Like
  • SlimJ
    , contributor
    Comments (80) | Send Message
     
    Should be a good day for PLUG as the short sellers start covering their bets. Expect to see a plethora of buying before days end.
    15 Jul, 09:48 AM Reply Like
  • Christopher Wallace
    , contributor
    Comments (1058) | Send Message
     
    I did not see the FBR research note. Did they indicate when or why PLUG might produce a positive gross margin?
    15 Jul, 09:56 AM Reply Like
  • LYogi
    , contributor
    Comments (2162) | Send Message
     
    Long term it is a FC world and it is a no-brainer.

     

    LONG BLDP!
    15 Jul, 10:25 AM Reply Like
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