Locator: 46014PLUG.
In other words, the energy transition is dead; they just don't know it yet. -- Peter Zeihan.
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Reminder: PLUG does not produce hydrogen. PLUG builds the hydrogen fuel cells and purchases hydrogen from third parties. Apparently, hydrogen supply is very, very tight and that’s now the problem. CNBC reporters suggest environmental activists are freaking out.
Updates: down 43% today.
1:36 p.m. CT: ticker -- looking for bailout from the federal government. Five-day and max time periods:
Just a few months ago, the CEO of PLUG was on CNBC saying the company would have huge revenue increases by 2027.
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Huge, Huge Story -- On So Many Levels
So Far CNBC Not Asking The Questions
Posted earlier:
PLUG: unplugged. Ouch. So glad I wasn’t in this one. My rules for investing worked this time. Incredible story gets worse the more one reads. Even CNBC missed this one. Even Drudge. See ticker. No one will admit they own it. May not survive. Not the first time. Motley Fool got it right from the very beginning. Twitter feed. Finally: this is getting CNBC's attention! Wow, they missed it yesterday as it was happening. Walmart partners with PLUG, Forbes.
On top of things: LOL.
And this is why I don't subscribe to SeekingAlpha:
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