RE:Cold board $49 3 years ago to 2.6 today..... I did make a pile shorting this garbage ..
Hydrogen is coming up slowly and will be the end game, North America Trains have no choice as electrification of the lines is impossible Long haul trucks may be viable but cars wont happen for near a century if at all . Dont see the point for cars or most trucks ,
I think they finally have a sellable product but unfortunately after spending all their time screwing shareholders for decades OEMs and competition showed up and simple blew them off.
Toyota ,GM Stellantis ,volkswagen Plug power etc etc all have their own offerings
My guess is management are morons that no one wants to work with as their only concern is the garbage stock. I have no idea if they have even licensed tech or just become public with time
How many billions have they burned since 1979 ....Seriously 1979 .. That said at 2.65 couldnt resist throwing some beer money into this garbage .
mrmoribund wrote: Quite something how people hardly bother to comment here anymore. And this story used to be the hottest thing this side of the surface of the sun. I suppose years of massive losses will do that.
One thing that surprises me with this company, given the income statement nightmare, is the lack of comment regarding quality of management. Surely at some point there will be some sort of rattling of the fences for the company to find someone new to run it.
I don't know. Given that hydrogen hasn't yet lived up to the dream, well, maybe the latest income statement is really the best that could reasonably have been hoped for.
Seems hard to believe. But . . . maybe. Deserves much thought.
Thoughts from others?