Strong Entry Point for those who missed the original POST.
PLUG (NASDAQ: PLUG) Power down 16% including after hours trading to $2.23.
Needham Raised AMZN from Hold to BUY: 1st, 2nd and 4th Quarter EARNINGS came in above estimates. Prime Popcorn should be ready by 4Q 2017.
- Foodpanda is set to be the first to deliver food with drones, after having tested it in Singapore in late 2015. E-commerce giant Amazon is also building up its drone delivery system Prime Air or Popcorn, but with a focus on the consumer products sold on their website.
PLUG is actively seeking more customers, beyond the deal signed with Amazon (PAIRS TRADING opportunity WITH PLUG and AMZN) , including rumored military contractors (eager to lower bottom line according to Commander in Chief’s wishes, especially LMTs massive F-35 contract with UTXs jet engines, which would require the most retrofitting), LMT, BA, NOC, UTX, GD and RTN. Also, AUTO MANUFACTURERS, HMC AND TM may include PLUG in their Hydrogen initiatives.
BA Up on 4/17/17 on Engineer layoffs, possibly on writedown of Dreamliner or 777. SPECULATIVE SHORT.