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24 Oct 2024 Fuel Cell Design, Development and Manufacturing
Enbridge and FuelCell Energy have completed a Front End Engineering study to determine the feasibility costs to capture post-combustion emissions including NOx and CO2 from an existing large scale natural gas compression station within Louisiana, USA. The design done to date included post-combustion flue gas treatment and routing to an array of molten-carbonate fuel cells, CO2 processing, and pumping up to dense phase for pipeline transport for sequestration. In addition, the balance of plant design was completed for utilities, civil works, and electrical design. The results from the study indicate it is now feasible to safely capture NOx emissions from vintage reciprocating compressors to meet the US EPA’s “good neighbor” emissions rules, all while producing low carbon electrical power for both an onsite electric motor driver compressor, as well as the associated CO2 capture and pipeline facilities to capture up to 75% of scope 1 CO2 emissions, with potential to increase this capture up to 90% in the next few years.
This presentation will review the technical challenges that were overcome as well as the economic benefits and optimization required to make this a viable solution for this facility.
https://www.hydrogen-worldexpo.com/2024-agenda/a-fuel-cell-based-solution-for-natural-gas-compression-emissions-reduction-onsite-generation-and-post-combustion-co2-capture-and-sequestration
**************
Courtesy Thomask88 ST
Worth posting again.
Form 8-K - Current report
November 26 2024
https://ih.advfn.com/stock-market/NASDAQ/fuelcell-energy-FCEL/stock-news/94987790/form-8-k-current-report
Item 8.01.
On November 25, 2024, FuelCell Energy, Inc. (the “Company”) received a letter from the Nasdaq Stock Market confirming that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5450(a)(1).
Lets hope we habe news soon to drive it higher!
You buy 62 shares at $12 and then you have 124 shares, but only at a cost around $54. There you go. Problem solved.
Interesting presentation on the benefits of the Inflation Reduction Act (IRA) by Ethan Zindler, US Department of the Treasury
Sep 18, 2024
https://www.brookings.edu/wp-content/uploads/2024/09/2024-09-18_Brookings_for_delivery.pdf
This guy says staying over $10.23 or $10.32 is very important for a short squeeze, But he also says tracing back to $8 and change is important. The key to me is he says the real short squeeze happens when we get to $17.
You do give investment advice merely by your continuous one sided pumping of the stock and company. If you were the least bit objective you'd offer information covering the entire pros and cons of the stock. But you don't.
Instead you ignore information that would give your audience only what you want them to see. And oft times its bad ADVICE !
I'm here to level that .
One can make a case for a cup and handle but its not long enough ( much to small) to be convincing to me. The same can be said for the mid-Jan to early Feb pattern that "appeared" to be a C and H but failed to follow through. There needs to be Time and Length to be recognized as a legitimate C& H to trade in. This one isn't. All I see is a nice Bounce , near resistance.... not one to get excited about. Volume came in and the bottom was made around $8.00 which seemed to wash the stock out and give it a lift.
If it can get past $12 +/- then yes, $15 is the next level of resistance.
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=fcel&insttype=&freq=&show=
If I were speaking with a friend whom had $ and was a rational intellectual, I'd suggest averaging down, but I would have done that like I already did, after the RS was announced and shared were $.25-$.30. Now = $.40 so 33% to well over 50% profit on those shares. There's still plenty legs left in this run, in my opinion, but I don't give investing advice, especially to those I don't know or trust, or I believe are not genuine. Like anyone communicating with a permanent bear, always bashing the company publicly on a message board.
it is a cup...and it can still form a handle...and if it does, i think the most we can get out of it is a rise to .15...
on Mon 11-4-24 the stock hit a high of $12.57...so the stock is ending the month at pretty much the same place it started at...pitifully, that is great news...hedgehog is elated and is now calling for hundreds of dollars per share...smgdh...
fcel has a shot at reaching $15 per share as long as Few doesnt dilute the crap out of it...the other problem is the big institutions...they have been in this stock for about 4 to 5 years now...it has only been a money pit for them...they have huge earnings this year and may want to dump their dogs to offset their profits...
big institutions dont generally jump in and out of stocks ...they like to stay in for 4-5 years to see how it goes...
well fcel has clearly gone horribly wrong for them....so...........who knows...
Up over 10% today, now up over 118% from the ridiculously undervalued price intraday price of $5.44 just over 2 weeks ago. Market Cap still under $250M while we sit in approximately $300M. And pre-split price is still a mere $.40 with $1.2B in backlog. Scheduled revenue and cash on hand is sufficient for 2.5 years with current Cap Ex. JDA with XOM worth $10+M per year & goal of commercializing CCUS at other Exxonmobil locations. PORTHOS project well underway, expected operational early 2026! US Navy 7.4MW project and Toyota Tri-Gen project both had Ribbon cutting ceremonies this year.
You're asking the wrong Hogwash. He's the king of bad calls and losing money.
He'll have you buying in here and tell you the stock is going to the moon. It's always next month or next year but the king of bad advice always says the same thing over and over.
As respects your loss, there's not much any of you Longers can do. You've been fleeced and flossed time and time again by Hoggie and the company.
Definitely saving this BS for a later date. Proving you wrong is so easy.
Hardhead because it is split I have now 62 shares at $96.35. A share How will I ever get my money back? What do I do? I'm losing $5370
Still in the infancy stages here, in my opinion! $15 is $.50 pre-split and only $300M market cap. We have $300M cash with $1.2B backlog. 52 week high (which is likely much closer to actual cash value than where we currently are) is around $45 ($1.50 pre-split). Currently up over 120% since 11/12/24, just over 2 weeks. Company has done nothing in 2 weeks. It's cumulative of what was done weeks, months & years prior. They were vastly undervalued at $1, which is now $30. We run to $15 easily and quickly in my opinion. Then we run to $30 between the conference call 12/19 and the Q1 call in early March.
Good bye $11.50, 1 month high/resistance gone. Slight blip, resistance here at $12, then nothing til well over $15.50! Let's close over $11.50 today, then we can push on next week to $15.50. I wouldn't be surprised to close over $12 or even $13 today.
From a technical prospective FCE seems to be going up with the momentum and just hope we can go pass $12 and get to the 200MA which is at $20.80 . My quests is before end of year ? IMO
6am EST $10.90 on 150 shares. Up from $10.81 on 96 shares at 5.59am. That's cute, I'm looking to close over $11 on low volume today.
Very "Few" UNDERSTAND business, especially new tech/energy business and particularly the financial aspect. How do you RAISE $ to keep the business going and eventually GROW? 1) Most company's do it through SELLING SHARES. 2) Sometimes they obtain venture capital. 3) Obviously they sell Products. Tesla, prime example! Fund Raise, hire, lay off, hire, fund Raise & so on. You also have to pay employees, HOW. Then, there's the Board. Good people are key, good people cost good money. It's okay when Musk does it? Government has supported electric cars, solar & wind in a HUUGE way, and NOT anywhere near the same can be said of Fuel cells or the FC industry. To have $300M cash and be fast approaching profitability with minimal policy support and subsidies (relatively speaking) after COVID and inflation is nothing short of IMPRESSIVE! Those people being compensated with SHARES will only be rewarded with patience and reap financial benefits when the SHARE price finally soars. BLOOM is prospering primarily due to major political support and Venture Capital for many years prior to even going public. They were advanced in sales, marketing and production prior to going public as a result. FCE has gone it without such. Gore & Powell! If you know not, speak not. Enough Said!
Resistance still $12.00 area and its not to be ignored by anyone who can read and respects charts. Those who do not, will continue to ignore it.
It's a good point to take profits.
Support may be forming if it holds above $10.00. The support there is light as it hasn't been proven to stay above it.
13 open positions as of Wednesday 11/27.
https://careers.fuelcellenergy.com/search/
107.9MW fuel cell to begin construction in March. 2nd of 4 projects to be selected.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://dk.breaknews.com/193499&ved=2ahUKEwjIxduspIGKAxXqFFkFHbVDLyQQFnoECCwQAQ&usg=AOvVaw2GoQH6uvN3jM5cWTzScvad
https://finance.yahoo.com/news/wall-street-analysts-think-fuelcell-145511997.html
The mean of analysts' price targets for FuelCell Energy (FCEL) points to a 176.7% upside in the stock. While this highly sought-after metric has not proven rea...
Okay, so we didn't close at my ideal goal of $11.50 or even $11. However, we did close green, ending with about a 99% increase since establishing base support at $5.44 less than 2 weeks ago. Anyone complaining about, or minimizing that over all gain or today's gain in retrospect, has no input I value. Action across the industry today was just as encouraging if not moreso than anything. If the industry runs, we run with it. Many are following the symbol, some for a while, and others just recently, but many will begin to follow, some looking more closely. The more who look and look closely, the stronger the support will be. $300M cash and $1.2B backlog can't be ignored, especially once Q4 & Q1 calls reveal narrowing losses. Uncertainty about Hydrogen and Carbon Capture Cap the near term potential, BUT, once The US and Global political and monetary support becomes clear, and supports our DIVERSE PATENTED ADVANCED TECHNOLOGIES, there is no CEILING WHATSOEVER! $9B Market Cap peak in February 2021 is very real. That's $450 a share. Let's get $15 ($.50 pre-split, or about $460M Market Cap) first, I fully understand. Just being clear and real.
Stock Overshot to near $12 where I said resistance would come in. It did as I expected and already has given back a point ( in real time) from there.
Whether this is the resumption of the long term downtrend or delayed to occur later, is to be determined.
With high expectations to move higher waning , know this:
All of the recent Dead Cat Bounce amounts to $.36/sh pre- Reverse Split! If that makes Longs happy, GLTU!
Fact/perspective!! You do realize support was around $.33 (accept a couple brief moments below that) prior to announcing the 30/1 reverse stock split, about $9.99 post-split! So we are only up 15%, give or take. Now process that, and understand that was rock bottom until shorts had a chance to pounce with the RS announcement. Being up 15% doesn't make one skeptical of jumping in at these levels. We are JUST GETTING STARTED! When we ran 30-50% ($13-$15) from there, then traders and swingers can wonder if they missed out. Market Cap at $11.50 is still under $250M, even if they did some ATM post split, and well under CASH on hand.
Look I'm really hoping for a close over $11.50, But I've already seen what I need to see to feel very good going into the holiday. We crushed $11.50 intraday, held strong Well over $11 after that, and all four of the big fuel cell stocks are doing great today. Since ExxonMobil inked a large hydrogen deal on the 25th, I'm as confident as I have been about anything, 45v rules are final, Can we get notification very soon.
Other than Ballard being up almost 10% on what looks to be probably double the average daily volume, I see nothing unusual or anything that suggests this is anything other than an industry wide bullish move. At $11.50 current target for the close. No one can possibly deny major bullish trend if we close over $11.50. some sort of news by Monday would be great, Like maybe 45 v and a new contract.
Looking for differences and reasons for today's action. I don't see any news, But I do see a few things that stand out. 1) All the fuel cell stocks are nicely in the green, which is a change. 2) Ballard is up strong Even though they have the most recent news report which was a downgrade. Their volume is up substantially almost at the daily average less than an hour and a half into the trading day. 3) Our volume is higher than recent days, But still average to below average. Nothing appears out of the ordinary, But certainly seems like a very good sign for the industry, particularly fuelcell.
Looks like there's a little resistance getting past the one month high. But with all of the fuel cell stocks looking strong this morning, I don't think that will last long unless there's a reversal on all of them. Once we close over $11.50, We have a clear run to $15, very likely before the conference call 12/19!
PORTHOS is moving along nicely. I get updates daily on LinkedIn.
https://www.linkedin.com/posts/porthos-co2_porthos-porthosco2-co2-activity-7261696955834150913-Y3Jt?utm_source=share&utm_medium=member_android
I don't recall crossing $11. That would be awful nice but definitely a challenge given the substantial gains in less than two weeks. Certainly looks like it wants to.
https://www.google.com/url?rct=j&sa=t&url=https://www.investing.com/news/sec-filings/fuelcell-energy-regains-nasdaq-compliance-with-bid-price-93CH-3742986&ct=ga&cd=CAEYACoUMTgzMjcwMDg3MDE2Njk3NjA5NDIyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw1kIEgkH79UfknlgS53RBG4
$25B in Germany
https://www.google.com/url?rct=j&sa=t&url=https://fuelcellsworks.com/2024/11/26/fuel-cells/exclusive-germany-s-kfw-to-provide-25-billion-loan-for-hydrogen-network&ct=ga&cd=CAEYBCoUMTgzMjcwMDg3MDE2Njk3NjA5NDIyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw3V9lcAtJ-HjuPY1D2J81YY
Shorts and Tax Loss sellers are about to have their Thankgiving dinner.
The stock has hit the ceiling and is Overbought. It could Overshoot to the $12.area but then return to its inevitable downtrend.
Longs have misunderstood Trends and technicals for too long for them to be educated. They just have to find excuses.
Trump's announcement said the council "will consist of all Departments and Agencies involved in the permitting, production, generation, distribution, regulation, transportation, of ALL forms of American Energy."
https://www.axios.com/2024/11/26/trump-ai-czar-role-elon-musk
AI Czar ?
https://www.axios.com/2024/11/26/trump-ai-czar-role-elon-musk
....
"The office would spur the massive private investment needed to expand the energy supply to keep the U.S. on the cutting edge."
When they turned the ATM off...range bound all day otherwise.
Shorts may have been active till 10am.
Even I was pleasantly surprised
WTF, Has to be the most popular phrase from SHORTS today! Up 26+% yesterday, 2.5% today and 98% from the 52 week low set less than 2 weeks ago. Bears were chomping at the bit on a couple boards today, making ridiculous claims and inaccurate assumptions. Ability to manipulate a stock already vastly undervalued has diminished. And that's largely related to the RS at 30/1. 10/1 would have left opportunity to challenge $1 again, and possibly continue with compliance issues. Also left them under the $5 bid requirements for certain investors or companies. I'm not happy about 30/1 but it was very likely the correct short and long term business move. Now let's get $30 by year end. $224M approximately the Market Cap, with $300M cash & equivalents & $1.2B backlog. Restructuring focused on core products commercialization and 15% cost cutting, combined with currently scheduled income through 2025 sets stage to close in on EBIDTA break even!
Great recovery in share price today.
1.1M shares traded on the day after coming out the gate strong with over 500k before 10.30. Bottomed at $9.54 about 10.20am and appears to be making a ladder of higher lows on the daily chart since. Higher lows daily over the past week also. $9.54 is base support on the day but let's hope for that to keep climbing and maybe by end of day it will be back over $10. Close in the green would be amazing after the past week and yesterday in particular. It ain't December 2020, but that's a good thing, because we won't be followed by a lengthy decline after this ascent. 45V any day now.