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  • Will Plug Power Revolutionize The Sector? [View article]
    I have no idea whether Pug is fairly valued. I am continually amazed that stocks such as Yelp, Tesla and their ilk are at lofty levels, so valuation seems to be a crapshoot. Nevertheless, I am much more comfortable with a company such as Plug, which focuses on back-end operations, than Tesla, which will rely on demand from consumers who don't have the extra disposable income to buy EVs.

    If Tesla can develop a car that is within the price range of basic Fords, Hyundais, Hondas, etc., my thoughts will change, but until then, I just don't see Tesla achieving large volume sales outside of major, progressive cities. I don't believe that the bulk of the US will react to the product the same way as California will. Gas is simply too cheap in the North, South and Midwest to affect driving habits such that consumers will flock to Tesla autos. If gas heads skyward, they'll simply drive less, which is the long-standing pattern.

    Plug would be well served not to stray too far from its focus on meeting equipment and operational needs. Forklifts, refrigerated trucks and the like are not sexy, but ask anyone who has worked in an industry that uses this equipment, and that person will tell you that these boring things are vital pieces of the operational puzzle.
    Apr 12 03:02 PM | 2 Likes Like |Link to Comment
  • Plug Power: Unprofitable Past, Poor Fundamentals, And A Best-Case DCF Value Of $2-$2.50/Share [View article]
    Has anyone ever heard of this firm?
    Apr 2 11:11 AM | 3 Likes Like |Link to Comment
  • American Eagle Outfitters: Risk/Reward Now Becomes Too Compelling To Ignore [View article]
    Agreed. Not looking good.
    Mar 25 11:09 PM | Likes Like |Link to Comment
  • New 13D Filing Reveals More Dilution Ahead For Plug Power [View article]
    The author writes, "PLUG power is probably the easiest short to come along in many a moon."

    Really? Gee, I think the shorts who don't have time to write articles for SA would disagree with you on that, John.

    Mar 24 03:36 PM | 3 Likes Like |Link to Comment
  • Why Yelp Is The BlackBerry Of Social Media Services [View article]
    I suspect that many small businesspersons would argue the exact opposite side of the coin, ezekielmuir. Also, the low-hanging fruit -- i.e., businesses in large cities -- has already been picked. Also, I am not a believer in global expansion for a fad company. The easy money has already been made.
    Mar 21 04:53 PM | Likes Like |Link to Comment
  • Deal rumor has Plug Power cutting losses [View news story]
    It would not surprise me to see a dark-horse candidate such as Honda jump into the fray. Plug Power is an interesting story. If Tesla can attain such a lofty valuation -- which I cannot fathom it will ever live up to -- there is no reason why Plug Power cannot rocket upward. 

    Elon Musk is a marketing genius. Andy Marsh, Plug Power's CEO, would be wise to study Musk's approach and mimic it as much as possible. I've repeatedly said that if Tim Cook would do the same, Apple would be over $1,000 a share, but share price is admittedly not of concern to him.
    Mar 21 04:47 PM | 1 Like Like |Link to Comment
  • Follow Up: Will Apple Ever Reach $700 Again? [View article]
    In this market, it would not surprise me to see Tesla hit $1,000 before Apple. Nothing is logical, beginning with the Fed. The market no longer moves on fundamentals. CNBC and its ilk have replaced the golden days of real analysis, and WS has the ability to drive the market wherever it desires. it doesn't take a genius to see this.
    Mar 19 02:17 PM | 1 Like Like |Link to Comment
  • Big Plug Power gains ebb as Citron says fair value is 50 cents [View news story]
    I'm not a fan of huge mo-mo stocks -- especially volatile small caps -- but Citron is probably wrong on this particular stock. Tesla's explosive growth tells you all you need to know about anything alternative energy-related. Citron would likely have taken the same sort of position on Tesla.

    Note to Citron: This market moves in odd directions and is encouraged by the Fed's example. The money has been made by speculation, not fundamentals, during the past four years. 
    Mar 11 12:36 PM | 4 Likes Like |Link to Comment
  • Pulling The PLUG On The Fuel-Cell Mania [View article]
    The author sets forth a decent argument for a short position. His perspective is that of a value investor. From that perspective, his argument makes a lot of sense.

    However, looking through a value investor's lens has been a recipe for middling performance in this Fed-induced bull market. The market cares about growth, and little else matters. If it did, Apple would be skyrocketing, and Plug would be a penny stock. Neither of those events has occurred or is occurring.

    The dot-com bubble, with its euphoric day trader paper millionaires, is not too far removed from my mind. However, the Fed is encouraging all of us to catch the bubble and ride it higher. This is not my investing style, but it will take me several years to catch-up with those who listened closely to the Fed and not to the logical economists and academic "experts."
    Mar 7 02:30 PM | 2 Likes Like |Link to Comment
  • Pozen Looking Very Attractive As FDA Decision Nears [View article]
    Over the years, I've lost money on this stock. I'd stay far away from it unless you're looking for a highly speculative gamble. Too many other opportunities in this sector, albeit many of them similarly speculative.
    Mar 6 04:46 PM | Likes Like |Link to Comment
  • Natural Gas Drops 24% In Worst Decline Since 1996, Silver Slips [View article]
    We are facing a large snowstorm in the Midwest on Sunday, with cold temps into next week. Nat Gas is in for yet another least for a few days.
    Mar 1 03:50 PM | Likes Like |Link to Comment
  • Gold Rally Continues On Ukrainian Uncertainty [View article]
    The key factor: What is the position of the bullion banks, and in which direction is that position trending? 
    Feb 27 04:39 PM | 1 Like Like |Link to Comment
  • Why Apple's Valuation Is Irrelevant [View article]
    There is a very small short interest in Apple. The shorts have almost nothing to do with Apple's performance. Options players, on the other hand, have a significant effect on this stock's share performance.
    Feb 26 04:46 PM | Likes Like |Link to Comment
  • Apple Needs To Deliver Now [View article]
    Bill's article is superb. I am concerned that Apple's fate remains squarely in the hands of analysts during the foreseeable future. At this point, there is very little that Apple can do to change that fact. I suspect that Q3 numbers will be decent but that "growth" (which is all the street cares about nowadays) will be anemic. That will trigger another sell-off, but I don't see this falling below $500. As a long-term proposition, Apple will perform well.
    Feb 26 04:36 PM | 1 Like Like |Link to Comment
  • The Gold/Silver Ratio: Forecasting A Big Move Higher For Silver [View article]
    When the bullion banks go long (they're now short), I'll buy more silver and silver miners. Until that time, my silver holdings are likely to be dead money, so I'm just parking them for an eventual rise. 
    Feb 21 03:52 PM | Likes Like |Link to Comment