Wednesday, October 18, 2017 12:47:28 PM
One of his agency colleagues has interacted with FCEL on a professional level.
They feel FCEL still has a long way to go to reach profitability. When that was first said to me several years ago before I bought, I defied them and said to myself that "I know so much more than you do; I'm buying it".
My luck panned out when PLUG zoomed to over $17 and FCEL went up in sympathy. I sold my FCEL and admitted that I caught a lucky break.
What's happened since with the continued need for cash and the R/S is sad.
What the company always said is that they could produce enough to be profitable, but then it always turned out that they didn't have the capacity. When the State loaned them money, that was supposed to be enough. It wasn't.
I just stopped by the board because another friend recently traded FCEL. He got in. Made a profit and got out before I even knew he was out.
He suggested I look into FCEL. It was just a coincidence.
I wish FCEL and all of you guys good luck.
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