Plug Power, Inc. (NASDAQ:PLUG)
CAPS Rating:
The Company and its subsidiaries is a development stage enterprise involved in the design, development and manufacture of on-site energy systems for energy consumers worldwide.
The Company and its subsidiaries is a development stage enterprise involved in the design, development and manufacture of on-site energy systems for energy consumers worldwide.
Recs
The more I learn about hydrogen fuel cells, the more I am convinced this is a pipe dream technology -- a black hole into which investors will pour billions of dollars with no chance of ever seeing a return on their investment. I expect Plug to fail, but I think its real collapse will be a few years in the making, right about when the price of oil falls precipitously.