Considering their Fuel Cell Stack only lasts for 3 to 5 years before it needs replacement and the Stack must represent the bulk of the cost of one of their fuel cell power plants. How does buying one of these million dollar units make any sense?
Fuel cells are simple in concept but the parts are expensive, and there are lots of those expensive parts. Assembly of those parts is expensive, too. They're slowly getting cheaper, though. Pretty soon you can have a Beetle for only $50,000.
The company is great!, at least until I can dump my 1000 shares I bought at 19$ a couple years ago. Depends on the fuel source, reliability need, noise limits, government subsidies. Most of the units are being sold to Japan where power costs more and to companies with free fuel like Tokyo sewer and Kirin beer or coal mines in the US that use coal gas. No company is going to shell out a million bucks for nothing. Someone has figured out how to save the company money with these things.
expensive as the devil If you want to pay $1,500,000 for a VW Beetle-III go ahead.
If the company is so great, why are the stupid stocks so low? Ishould have dumpedthe stinking stocks years ago.
