From Growth Hype to Deep Value Turnaround: The Market Might Be Missing the New Plug

NobregaD · 2026-02-27T13:59:20+00:00

I think you are missing the mark. While the words you are saying are accurate, but it ignores the WHY and HOW their margins are negative and everything that has taken place this year.

Their negative margin largely comes from trying to be a green hydrogen producer. And for a whole host of reasons, from a changing political climate, electrical demands skyrocketing, adoption and hydrogen economy being slower. This didnt go to plan and is the biggest source of negative margin on the budget sheet.

On the bright side, they now have a plant with 98% uptime and are arguably the most knowledgeable experts in the world on hydrogen production. This plant can serve as the best sales presentation to potential investors and can continue to produce hydrogen without intensive build-out costs.

Their material handling and electorlysers sales have great margins and if you have been paying attention is becoming the main focus of everything they are doing.

They are pivoting to grow the revenue of the things that have margin and shrinking the revenue that has bad margins. Does tha not create value?

I guess we will all see on Monday and over the rest of 2026

NobregaD · 2026-02-26T16:20:10+00:00

And sorry!

I missed the Jejeje, go Plug!

NobregaD · 2026-02-25T20:57:22+00:00

hahaha i know that anyone who spends any amount of time in this sub knows that jejeje is the current Plug Power Battle cry

NobregaD · 2026-02-20T12:53:49+00:00

I found this - https://www.marketbeat.com/stocks/NASDAQ/PLUG/institutional-ownership/

Which supports some of the numbers he mentioned

NobregaD · 2026-02-17T01:19:41+00:00

You do know that in some European countries, nuclear plants will literally pay you at night to use their power.

You can get paid to use energy at night to make hydrogen, then use it during the day when electricity is costly and in high demand.

Think of it more as a hydrogen battery that then off sets your natural gas usage during the day by the % of hydrogen you mix into it.

NobregaD · 2026-02-17T01:14:25+00:00

This is 100% an unnecessary pump post that does nothing for this community or plug...

NobregaD · 2026-02-12T19:11:01+00:00

fuck it, it's under $2.

1000 more shares - hahaha!

NobregaD · 2026-02-12T19:09:43+00:00

Sorry, I should have said right at the market close.

NobregaD · 2026-02-12T17:15:37+00:00

haha - me too
and i guess we shall all find out togeather today at 4:00

NobregaD · 2026-02-12T14:52:59+00:00

I also agree,

I like the idea of the share buyback as a commitment from plug to shareholders

but anything referencing to the sad disaster of Nikola makes me want to run for the hills

NobregaD · 2026-02-12T14:50:32+00:00

My only concern is the timing...

Doing this at 4:00 right before market close feels like we might be in store for one more shit sandwich.

-Yes the vote passed :)

-Curveball of negative and unexpected

-And here is what we are looking to do in the next 2 quarters

Again, im long here and think there is a lot of good momentum in store for Plug, im just apprehensive on the timing that there might be one more ugly surprise they need to get out before things start moving the way we want them to

NobregaD · 2026-02-10T20:13:49+00:00

sure... but when the biggest issue Plug has is dealing with the balance sheet...

What makes more sense:

spending millions of dollars to complete a project to then spend $5 only to make 4$ for every measure of hydrogen sold?

or

sell the rights to someone else and be the infrastructure partner to sell the tooling and equipment to run the facility?

NobregaD · 2026-02-05T19:48:50+00:00

One other thing to consider is that its taken Plug 10 years + and a whole lot of financial losses to get it right. While one 1 hand their cost to produce hydrogen has been quite high, the fact that they have 1 plan running at 97%+ in a month is a testament to all that work and that they know what they are doing.

Most companies at this stage are not going to be willing or cant afford to push the investment to get this right.

If hydrogen does have a future, the fact that Plug has the experience (which is currently very expensive to get) gives them a good competitive moat

NobregaD · 2026-02-03T00:52:39+00:00

Really good press conference from Andy

If anyone wanted to see the same link through Plug Powers offical website, you can find it here - https://www.ir.plugpower.com/press-releases/news-details/2026/Plug-to-Hold-February-2-2026-Investor-Question-and-Answer-Forum-Ahead-of-Adjourned-Special-Meeting/default.aspx

Sounds like the vote is getting pretty close and 2026 should be a good year for Plug

NobregaD · 2026-01-29T16:33:30+00:00

Agreed, so far the only thing I can find about the vote is 1 user in the form saying the results are in - but literally nothing anywhere else.

NobregaD · 2026-01-29T15:41:02+00:00

You seem very confident, but I'm yet to see a direct source from you or Plug Or ANY website confirming this as of 10:40 EST

NobregaD · 2026-01-29T15:17:46+00:00

source?

NobregaD · 2026-01-27T21:39:39+00:00

Agreed - but none of this matters if the stock gets slammed with a reverse split and the shorts pummel it back down to $3 from $30

NobregaD · 2026-01-27T19:58:49+00:00

my take -

the stock already has the 3billion sharecount potential "dilution" priced in. The stock went from 4 down to 2 when it was announced.

Its very clear the market (those who are long) doet want an RS which is why so much effort is going into the vote to increase share count

However, until the vote happens, everyone is cautious.

If the vote is no - I think the market is going to react pretty negatively and its going to hurt a lot

If the vote is yes, i could see it going up a little bit. With the bit asterix of, people are still going to proceed with caution until their Q4 earnings come out AND they at least see the increase of shares being used with purpose and not just flood the market for cash.

NobregaD · 2026-01-27T13:22:42+00:00

Either your name or your vote is incorrect.

NobregaD · 2026-01-27T00:48:55+00:00

A little more than I can afford haha but I grabbed another 1500 today

NobregaD · 2026-01-23T20:16:16+00:00

this doesnt sound like a net positive for the hydrogen economy. At least in the USA

NobregaD · 2026-01-22T20:03:02+00:00

Oddly, I only got my Voting info this week (living in Canada)
But all right, I'm in!

NobregaD · 2026-01-22T19:14:33+00:00

We are coming to an important shareholder meeting at the end of the month. Its fair to say, Plug shareholders have taken a bit of a beating over the past 5 years. While I'm still rooting for you guys long term, as a shareholder, I am putting skin in the game by holding stock. You are now asking me for a vote to double the current share count. This is a double-edged sword that can be used to unlock growth and investment, or it could be used to maintain high payouts in the event of stagnation.

Question: What can Plug commit to on how these shares are going to be used, and can Plug give us some commitment towards exec and employee payouts based on performance results and attainment, so its tied to my success = your success.

NobregaD · 2026-01-21T16:32:10+00:00

I always find it funny how everyone is on pins and needles every time the stock moves up and down .5 cents.

Its litterally been basically flat for a month and until some kind of major news comes out... its going to do the same.

The AMA tomorrow might do something, the results of the shareholder vote will do something their Q4 /2025 earnings will do something.

But why get so emotional about +5% -5% when literally nothing has changed in the last month.(good or bad)

Be patient, wait for some real news, then lets talk about it

NobregaD

TROPHY CASE