According to the detractors Plug share price is either going to $40 or $24. With that said...I'm going to point it out to you like this.
1). I've been following this stock since 2005. Loaded about 20K shares now...at a very low average. I keep loading and hope to have 50K by 2024.
2). Doesn't matter where the stock goes short term. We all have seen PLUG's revenue growth and the changing world based on climate change. I have no doubts that PLUG revenue will go to $3B in revenue as forecasted in 2025.
3). We have a whole lot of rich folks like Phillips 66, Forrester, S&K, Renault, etc...that I believe more than the shorts. I believe in the many JV partnerships as well.
4). Sure I'm disappointed that the company isn't profitable yet, but neither was TESLA or many others. Grow the revenue, costs come down...and the company gains profitability and momentum.
5). Most analysts are calling for the stock to go past $40. Sure there are a few short sellers and shill articles that suggest otherwise, but all indications in the last 10 years has been steady growth and increased revenue.
6). The PLUG power management team is a whole lot better now than it was 10 years ago. They have some extreme talent on their team and have made lots of great acquisitions.
7). I don't like being diluted, but I can say that I have confidence in $5B in cash position with all these JV's that are going to be fronting the majority of revenue for their expansions in Europe, Asia, Australia, etc.
8). Noticed that % of short volume in the last week had gone from the 50% to now the 60% area. That is pretty telling.
9). Recently enjoyed the run up and consolidation the last few days. So go ahead and attack the stock. Take it down. I'll buy more, but don't think for a minute that in 2-5 years this stock will still be trading in these low ranges. This is a wealth and retirement builder!!!
Good luck with whatever side your on...but I know what I OWN!!!$Plug Power(PLUG)$