Plug Power in trouble

[jabloomf1230]

https://www.thestreet.com/investing/stocks/plug-power-collapses-after-going-concern-warning-from-hydrogen-developer

Plug Power manufactures hydrogen fuel cells, primarily for industrial vehicles. After literally decades of infusion of government cash, it looks like PP is looking for another handout.

 

[LoudMusic]

It looks like they need the money to just keep doing what they're doing, without developing an alternative to business or an alternative to resource supply. That's a no deal situation.

 

[sleepydoc]

From a quick web search, it appears the company has never had an actual profit in its 26 year history. I failed to see why the government should continue supporting an unprofitable venture.