Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Shorts like to time attacks around good or bad news. We have had plenty of good news, most recently the ribbon cutting with Toyota. So two short hits today. One at 9:30 an again about an hour later. Price will drift up until 2:30 -3:00 before the final hit. Its not just the sorting itself it is also the psychology. A Reddit type short buster can decimate the shorties. Unlimited losses for them if they are not careful.
South Korea could explain need for $, if selling shares. $100M to add $1B to backlog would make sense!
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://finance.yahoo.com/news/fuelcell-energy-strengthens-presence-korean-120000002.html&ved=2ahUKEwjClbih9PuFAxUgD1kFHeGgCA4Qjjh6BAg1EAE&usg=AOvVaw2QFwnF17Y-1n9VgeD3szD6
FCE initially won a moderate amount of $, But more importantly got the Posco monkey off their back. Recent developments are such that FCE Can market and sell directly in South Korea and has been pursuing such stating in recent quarters they are making progress. They're in the latter stages of the sales process hoping and planning to sign a fairly large amount of contracts to restart projects with their technology previously installed in South Korea. Over 100MW of projects are available. Start up would require replacement modules and a commissioning process. They would be accompanied by service agreements. Start up and commissioning would bring in a substantial amount of cash regardless of whether it's 20 megawatts or 100. S&L would add a large amount to backlog.
https://www.mediatewith.me/portfolio/us-korean-fuel-cell-dispute-settles/
We're not talking $10-$20M we're talking 100s of millions, possibly even over $1B to backlog. I have been anticipating this since before the original settlement.
There's so many good things about this company but one of the best things for investors doing their diligence is that they do not have all of her eggs in one basket. They have evolved tremendously over the past 6 plus years. The only significant partner they had with any significant revenue coming in was all coming from Posco until right about the time Few took over. Anybody bashing Jason few has no clue what he's done with the company. First and foremost he immediately took to getting rid of all bad debt and eliminating any unnecessary expenses. Then he made the 5-year plan prioritizing what and how they were going to do to turn the company around. What people don't understand at least it seems like, is the big money is manipulating many stocks including this one. There's not one CEO or individual in the world that can change that. Of course Warren Buffett making a 1 billion dollar investment wouldn't hurt. Any chance you could text him
Retirement affords some reading benefits!
No rhyme no reason other than shorting. 300 million in cash is plenty for this company for now. Of course they're going to need some cash within the next few quarters in order to maintain more than one year of operational costs. Part of the problem is that I think Few wants to stay well ahead of the game and keep that cash at or over 300 million. Especially since Cap-X has been increasing to grow the company. A $300M mine of credit at prime wouldn't be bad. That would put them beyond 2026 when Porthos should be operational. If you think about it the official ribbon cutting of the port of Long Beach was a huge high-profile deal. That's definitely one of if not the most relevant technology today.
Thanks for the article feed. I also buy our local utility electric supplier. They pay a good dividend to help pay the electric bill. BTW that article is a small book!
Me too. Bought at .8204.
Another interesting article.
https://www.sciencedirect.com/science/article/pii/S259033222400037X
Just bought 50 at less than .082 No news to cause a drop. Shorting pure and simple. If this follows yesterday's pattern the stock will be allowed to drift up a few points then followed by another short attack.
Join us TOMORROW for a FREE SFT Webinar!
Register at https://nafa.users.membersuite.com/events/0bf51f0a-0078-cc90-4da9-0b469a861b32/details
Hydrogen: Considerations in Fleet Use
Wednesday, May 8, 2024 | 2–3:30 p.m.
This webinar will focus on hydrogen as a transportation fleet. Come listen to subject matter experts discuss the logistics you should consider when using hydrogen as a fuel for your fleet.
The problem is that we've had a ton of good news You could take any three or four pieces of good news we've had since October and translate that to a higher share price Not a lower share price. So when you combine all of it there's no way to share price should be under a dollar no way. So clearly it's not about fundamentals or the company it's about what the people playing the money want. Which is exactly why the meme craze happened to stick it up there you know what. A Reddit collaboration could easily push this up to $30
Quote " So much added value in 5 years ".
According to Peter Lynch in his highly regarded formula for determing a company's value, FCEL's value is negative. That is its below zero. NEGATIVE.
THE STOCK HAS BEEN IN FREE FALL FOR 3 YEARS FOR A VERY GOOD REASON.
Basic Technical Analysis:
THe support was $1.00. It shows up on a chart multiple times.
When it broke below , it broke major support. Once that occurs, $1.00 become Resistance
There is no support from this level until minor support shows at $.75. $.50 looks possible as well.
There is no debate on support and resistance levels. The stock remains in an elongated downtrend with nothing to indicate it will change. Until it does which is at levels considerable above $1.00 the technicals continue to flash a SELL.
Continuous mis-leading reading of charts and indicators are a clear indication of a lack of basic understaning of Techncal Analysis.
Your record proves it.
Quote " He (FEW) didn't come this far to fail".He's already failed miserably
Keep the comedy coming. Since his tenure the company lost money in every quarter. Revenues dropped 55% in the last one. Expenses rose while backlog dropped. Recently increased debt by $13 million to finance Derby at hgh interest rates.
And for it all he's diluted shareholder value by increasing authorized shares by 500,000,000 and awarded himself millions in salary for it all.
The company faces de-listing possibilities if it remains under $1.00.
Much to learn grasshopper.
And you think he hasn't failed. LMAO
" Keep upthe good work".
That's hilarious.
Wow! A lot going on. The DOE Multi Year Plan is 170 pages. A little light reading😂 You do a boatload of dd. Keep up the good work!
Ya I was surprised by todays short push. It was atypical but clearly there. Push pause push and again in the last hour as price rebounded too quickly. A short squeeze would be nice. A follow up on MOU with a beat this quarter would really be nice. I believe Few is aware of long shareholder sentiment, and delisting not an option. He didn't come this far to fail. FCEL is a bigger company than meets the eye. Once we get through this doldrum we fly snd never look back.
Thanks, good luck to you also. Good news monthly moving forward
https://www.google.com/url?rct=j&sa=t&url=https://www.power-technology.com/data-insights/fuelcell-energy-gets-grant-for-fuel-cell-system-with-carbon-dioxide-removal/&ct=ga&cd=CAEYACoTNDQxNzA5MjUyNzY3NDA4NDQ0NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3tvOH8mnLMIPuONXouzGze
https://www.google.com/url?rct=j&sa=t&url=https://www.energy.gov/eere/fuelcells/articles/us-department-energys-hydrogen-and-fuel-cell-technologies-office-releases&ct=ga&cd=CAEYAyoTNDQxNzA5MjUyNzY3NDA4NDQ0NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw3qRtUMWi_ZS_5rAz4yShtC
https://www.google.com/url?rct=j&sa=t&url=https://www.energy.gov/eere/fuelcells/articles/us-department-energy-announces-8-million-advance-electrolyzer-and-fuel-cell&ct=ga&cd=CAEYBCoTNDQxNzA5MjUyNzY3NDA4NDQ0NTIaM2Y2YzEyOGYyMzM0YTgyODpjb206ZW46VVM&usg=AOvVaw1AON0EvRz49ONKhcn5NsHr
With all the recent activity plus ramping up Hydrogen hydrolysis, it takes a lot of capital. We will know soon how many shares sold. Few is very measured in his responses during earnings and I trust the plan. The juggling of revenue and expansion is nerve racking. Unless you understand how success can precipitate a business bankruptcy you can't appreciate what Few et al are accomplishing. Look at PLUG. You don't ever want to be unable to keep up with orders for new business. Promising without delivery is a surefire way to fail. We have about two more critical weeks to endure. Low water shouldn't last past that. I am buying all I can but being retired my expenditures are restricted. Good luck to you. Keep the faith.
All signs currently suggest we have solid support over $.84. if we hold through Thursday, I think we get a pop to $1.10 or even up to $1.25. And if that happens, we could get at least a mini squeeze!
FCEL So much added value in 5 yrs. Lawyers salivating over PLUG. Short attacks once or twice a day. You can feel the downward pressure. I still say we are sitting on support. Today there were three separate shorts and even after hours there was upward movement.
I know it is difficult for some to believe how big that big money is. There is power out there that makes conspiracy theory look stupid. We are at pre 2019 prices. As if nothing happened in five years.
Would be awesome if they ended up someone's B---- in Prison! As I've stated repeatedly, great company specific developments since October, anything below $2 makes no sense, let alone ,$1.
Yes…that can happen…
When they find a shitty stock that has little going for it and is already in a downtrend, they will short the living crap out of it…
But what they won’t do, is short a good stock…
So you think shorts are targeting fcel?…
Well then, I guess fcel is a shitty stock…
If you believe this to be true, why are you in FCEL. You can't possibly win.
BTW- How are "counterfeit shares" created. This sounds bizarre.
That kind of volume can't be retail. Seems to me at days end 40 mil shares or more will change hands.
Institutions are in there big time shaving their holdings.
Possible downgrade by an analyst could trigger it as well.
theres certainly more selling than buying going on...and its been that way for quite a while...
i was thinking it was the result of the company diluting...and thats the best case scenario...
if the pps has been dropping because of institutional selling........yikes!...
Read Hogwash post49511 at the top of the page. It was dated Sept 22nd 2022.
Skip the 13 paragraphs of promotional stuff and read the predictions.
The ask - What went wrong?
25.128 million shares as of 1:15 PM. Stock down in up market.
Institutions are surely Selling!
Lookx to me its going to my next target of $.75.
With all indices up, FCEL is down again.
Its relative weakness demonstates the markets lack of confidence in the stock and its future.
The pusher is reaching for straws. Reality has not set in.
Exactly what Darren Woods has been pushing!
https://oilprice.com/Energy/Energy-General/Taxing-Fossil-Fuel-Giants-Could-Generate-900-Billion.html
One would think all those projects ( planned, being tested or just plain hoped for ) would have impressed the market sufficient enough to get the stock above $1.00.
But they have not.
Thus far, no professional analyst who does thorough research and Due Diligence sees merit in lifting their ratings or avg/sh price. The market values and trusts professional research knowing its objective and complete. When not one analysts sees merit in the promotional expectations, and their record is credible, its no wonder the stock sits below $1.00 and flounders.
On the technical side, the trend remains solidly down. $1.00 presents signifcant resistance having once been support.
Given the lack of fundamentals ( losses before and expected to continue) , the research, andd the technical charts, there's no reason to accept anything of a promotional nature to change the price upward.
Despite any effort to talk the price up, there's no logical support to see it happen.
Rest that case and take a dose of reality. You've been dead wrong for 3 years having said the same things while watching the stock and the reports get worse.
Good to see the ribbon cutting ceremony and Jason.
https://en.m.wikipedia.org/wiki/List_of_ports_in_the_United_States
scroll down and look at Top 50 (US) Ports by tonnage. You can see how FCEL could get ahead of its manufacturing capability if it were not for good management.
State (California), City (Long Beach) and Port!
DOD, DOE/NETL also working closely with FCE on Groton and several other very HIGH PROFILE projects! Ukraine recently identified a project with FCE. Exxonmobil recently identified a project with FCE (Biggest Carbon Capture project in Europe) at PORTHOS! And extended 10 year JDA, while also expanding FCE right to work with others developing and COMMERCIALIZING. UNDER $1 is unfathomable, and brief! Q2 (early June) and Q3 will impress. IMO, FCE guidance will be raised S soon as, or shortly after contract/s in South Korea surface!
https://www.google.com/url?rct=j&sa=t&url=https://en.portnews.ru/news/362630/&ct=ga&cd=CAEYCSoUMTMzNTE4ODY0NDE0OTg5MzE0NDYyGjNmNmMxMjhmMjMzNGE4Mjg6Y29tOmVuOlVT&usg=AOvVaw2jXLPUjEaCf8I4kKUNXKxX
MUST READ and WATCH VIDEO
Read entire Toyota Article! Brief
https://abc7.com/toyota-advances-its-technology-and-create-hydrogen-fuel-cells-for-cars-trucks-stationary-power/14762421/
Video from News station with Few speaking to the public at the Ribbon cutting!
https://abc7.com/videoClip/14762693/
At .90 cents a share we need to say nothing. This POS speaks for itself. LOL LOL LOL LOL
Mosquitoes and now crickets sullying themselves.
You may put a smile on Kings face but your continuous barrage of links convince no one.
Kindly excuse yourself from this board and find a place where something you post is helpful to others.
You've wasted our time with those ineffective links and should be embarrassed by the results they've gotten.
Please go.
Just getting started
https://www.h2-view.com/story/california-launches-53m-hydrogen-truck-project-in-bay-area/2109627.article/
https://www.h2-view.com/story/fce-and-toyota-tri-gen-project-officially-opened-in-port-of-long-beach/2109600.article/
C02 just getting started with another $500M
https://t.co/KFe2iWh1Ur
Open funding opportunities update, $$$ being allocated
https://t.co/3aBYqiFhy7
100MW in Ukraine and FCE recently announced 1 project in Ukraine already
https://www.h2-view.com/story/uk-government-funds-100mw-electrolysis-project-in-ukraine/2109666.article/?
Class act! Please leave. Comments are factually inaccurate, crass and unacceptable
Theoretically, a company will sell shares at a high price, for the overall benefit of the company and shareholders. They may even release news or other things to drive the price up beforehand.
Realistically, many companies will do the exact opposite. That is, they sell shares at the absolute lowest price. The existing shareholders are hurt but those large insiders who are allowed to buy the free/cheap shares benefit.
Another Contrary Indicator at work.
They make a call and it goes the opposite way.
One of the best technical Indicators I use.
Abit too drastic. Why not just fire him and get a real leader in there.
600 employees choking the life out on LONGS with expenses .All while dumping shares at low prices to pay those ernployees.
Listen to nothing by a couple of pushers here. Follow what the market has been screaming out for 3 years.
"I think we stay above 0.90 today."
wow...that lasted about a minute before it was proven wrong...
lmao
They have as many as 500,000,000 shares authorized. They've undoubedly sold some into the market already.Additionally, they just added $13 million in debt financing for their Derby project at high interest rates.
The question I'd have why are they so willing to depress the sh/ px at such low prices by selling into it to raise cash. Seems to me Expenses are eating into cash with insufficent revenues to offset it.
If they had sufficent cash on hand and any degree of confidence in their near and long term growth, wouldn't it be prudent to wait for the stock to appreciate,& raise cash at more favorable terms.
What you're hearing from certain board promoters is flowery statement about coming projects, increases in revenues , and a closing inon a profit.
Don't listen to any of it.It's all promotional guess work with no basis in fact.
killing few is the best thing to do
600 employees for nothing
Hydrogen carbon capture this company has no future any poor contract generates huge losses
hope fex and his family soon die
It's being manipulated up a penny. Damn those scalpers. LOL
Moving right along! I think we stay above 0.90 today. Up 7%.!
FuelCell Energy, Inc. (NASDAQ: FCEL) is an integrated fuel cell company that designs, manufactures, installs, operates and services stationary fuel cell power plants.
As a leading global fuel cell company, we provide ultra-clean, efficient and reliable baseload distributed generation for electric utilities, commercial and industrial companies, universities, municipalities, government entities and other customers around the world.
Direct FuelCell® (DFC®) power plants manufactured by FuelCell Energy can utilize a variety of fuels including renewable biogas from wastewater treatment and food processing, as well as clean natural gas, directed biogas and propane.
Our DFC power plants produce power electrochemically — without burning fuels — making them clean, quiet and environmentally responsible alternatives to combustion-based generation.
Our power plants have generated more than 1.5 billion kilowatt hours of ultra-clean electricity, equivalent to powering more than 135,000 average-size U.S. homes for one year.
FuelCell Energy’s world headquarters are located in Danbury, Connecticut, in the USA. Our global markets are served from a state-of-the-art production facility in nearby Torrington, Connecticut.
Our customers in Europe are served by German-based FuelCell Energy Solutions, GmbH, a majority owned joint venture with sales and service located in Dresden, Germany and manufacturing in Ottobrunn, Germany, which is near Munich.
Customers in Asia are served by our partner POSCO Energy from manufacturing facilities located in Pohang, South Korea.
FuelCell Energy offers a comprehensive portfolio of services for fuel cell power plants. Specially trained technicians and engineers remotely operate and maintain virtually our entire installed base of Direct FuelCell power plants globally, 24 hours per day, 365 days per year from the state-of-the-art Global Technical Assistance Center located at our Danbury, Connecticut headquarters. Field service technicians directly employed by FuelCell Energy service the power plants on-site.
FuelCell Energy scientists are actively researching unique applications for our versatile DFC technology including hydrogen generation and carbon capture. In addition, we are pursuing research with solid oxide fuel cells as well ashydrogen compression and storage.
FuelCell Energy’s international reputation for leadership in ultra-clean energy solutions has been built on a long history of innovative research and development that reflects the successes of our highly talented and creative workforce. We are the first fuel cell manufacturer to commercialize megawatt-class stationary fuel cell power plants and we believe that we are the first stationary fuel cell manufacturer to generate a quarterly gross profit.
FuelCell Energy traces its roots back to 1969 and the founding of Energy Research Corporation (ERC) by early fuel cell pioneers Bernard Baker and Martin Klein, both chemical engineers with expertise in advanced battery technologies.
In the 1970′s, with funding from the U.S. military and utility companies, the Company conducted extensive research into low-temperature fuel cells as well as silver-zinc battery cells. In the 1980′s and 1990′s the Company switched its focus to high-temperature carbonate fuel cell systems which offered greater commercial applications due to the ability to internally reform readily available fuels such as natural gas and renewable biogas within the fuel cell itself to provide the hydrogen for the power generation process.
Our first commercial power plant was installed in 2003 using a 250 kilowatt (kW) fuel cell stack. Through technology enhancements and cost reductions, we have increased the power output of the stacks by 40 percent to 350 kW and reduced product costs by more than 60 percent. Today we are installing multi-megawatt fuel cell plants and fuel cell parks globally.
The production facility in Torrington, Connecticut, USA was completed in 2001 and produced [2] megawatts (MW) of product the first year. As of the end of fiscal year 2012, the plant was producing at an annual run-rate of 56 MW. The total annual capacity of the facility is 90 MW.
FuelCell Energy began expanding globally in 2007 through its partnership with POSCO Energy , targeting markets in Southeast Asia, particularly South Korea. A European manufacturing, sales and service presence was established in 2012, with German-based FuelCell Energy Solutions, GmbH.
1969 | Company founded as Energy Research Corporation (ERC) |
1992 | 120 kilowatt fuel cell stack demonstrated |
1992 | Initial Public Offering (IPO) |
1996 | 2 megawatt demonstration plant installed in Santa Clara, California |
1999 | Company focuses on carbonate fuel cells, is renamed FuelCell Energy, Inc. & spins off battery division, Evercel |
2003 | First commercial installation of a Direct FuelCell® power plant |
2003 | Annual production of approximately 3 megawatts |
2007 | POSCO Energy partnership begins – global expansion commences |
2007 | Annual production of approximately 11 megawatts |
2009 | Production of 350 kilowatt stack commences |
2011 | Power output milestone reached with one billion kWh of ultra clean electricity produced since 2003 |
2011 | 11 megawatt fuel cell park commences operations in South Korea |
2011 | Annual production of approximately 46 megawatts |
2012 | European presence established with FuelCell Energy Solutions, GmbH |
2012 | Asian manufacturing strategy implemented through license agreement with POSCO Energy |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |